Geri-Michelle Mcshane Sells 1,000 Shares of Xylem (NYSE:XYL) Stock

Xylem Inc. (NYSE:XYL) CAO Geri-Michelle Mcshane sold 1,000 shares of the company’s stock in a transaction on Friday, September 5th. The stock was sold at an average price of $139.96, for a total value of $139,960.00. Following the sale, the chief accounting officer owned 2,957 shares of the company’s stock, valued at approximately $413,861.72. This represents a 25.27% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Xylem Stock Down 1.0%

Xylem stock opened at $140.52 on Friday. The business has a fifty day moving average of $137.36 and a two-hundred day moving average of $127.22. The company has a quick ratio of 1.43, a current ratio of 1.90 and a debt-to-equity ratio of 0.17. The firm has a market cap of $34.20 billion, a P/E ratio of 36.50, a P/E/G ratio of 2.43 and a beta of 1.09. Xylem Inc. has a twelve month low of $100.47 and a twelve month high of $145.33.

Xylem (NYSE:XYL) last issued its quarterly earnings data on Thursday, July 31st. The industrial products company reported $1.26 EPS for the quarter, beating the consensus estimate of $1.15 by $0.11. Xylem had a return on equity of 10.33% and a net margin of 10.74%.The firm had revenue of $2.30 billion during the quarter, compared to analyst estimates of $2.20 billion. During the same quarter in the prior year, the business posted $1.09 EPS. The business’s revenue for the quarter was up 6.1% compared to the same quarter last year. Xylem has set its FY 2025 guidance at 4.700-4.850 EPS. On average, analysts forecast that Xylem Inc. will post 4.65 earnings per share for the current fiscal year.

Xylem Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 25th. Stockholders of record on Thursday, August 28th will be issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 1.1%. The ex-dividend date is Thursday, August 28th. Xylem’s dividend payout ratio is currently 41.56%.

Wall Street Analysts Forecast Growth

XYL has been the subject of several analyst reports. Wall Street Zen upgraded Xylem from a “hold” rating to a “buy” rating in a report on Saturday, August 9th. Raymond James Financial upgraded Xylem to a “hold” rating in a report on Thursday, May 15th. Cowen reiterated a “hold” rating on shares of Xylem in a report on Tuesday, August 26th. JPMorgan Chase & Co. began coverage on Xylem in a research report on Friday, May 30th. They issued an “overweight” rating and a $148.00 target price on the stock. Finally, TD Cowen upped their target price on Xylem from $125.00 to $130.00 and gave the company a “hold” rating in a research report on Tuesday, August 26th. Six research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $152.29.

Hedge Funds Weigh In On Xylem

Several hedge funds have recently made changes to their positions in the company. Schonfeld Strategic Advisors LLC grew its position in Xylem by 30.0% during the 4th quarter. Schonfeld Strategic Advisors LLC now owns 3,499 shares of the industrial products company’s stock worth $406,000 after purchasing an additional 808 shares during the period. Aptus Capital Advisors LLC grew its position in Xylem by 41.9% during the 4th quarter. Aptus Capital Advisors LLC now owns 2,485 shares of the industrial products company’s stock worth $288,000 after purchasing an additional 734 shares during the period. Benjamin Edwards Inc. grew its position in Xylem by 35.4% during the 4th quarter. Benjamin Edwards Inc. now owns 15,546 shares of the industrial products company’s stock worth $1,803,000 after purchasing an additional 4,064 shares during the period. Captrust Financial Advisors grew its position in Xylem by 2.9% during the 4th quarter. Captrust Financial Advisors now owns 40,240 shares of the industrial products company’s stock worth $4,669,000 after purchasing an additional 1,122 shares during the period. Finally, Concentric Capital Strategies LP acquired a new stake in Xylem during the 4th quarter worth about $3,090,000. 87.96% of the stock is owned by institutional investors and hedge funds.

Xylem Company Profile

Xylem Inc, together with its subsidiaries, engages in the design, manufacture, and servicing of engineered products and solutions worldwide. It operates through four segments: Water Infrastructure, Applied Water, Measurement & Control Solutions, and Integrated Solutions and Services. The Water Infrastructure segment offers products, including water, storm water, and wastewater pumps; controls and systems; filtration, disinfection, and biological treatment equipment; and mobile dewatering equipment and rental services under the ADI, Flygt, Godwin, Sanitaire, Magneto, Neptune Benson, Ionpure, Leopold, Wedeco, and Xylem Vue brands.