LVW Advisors LLC Has $261,000 Position in Xylem Inc. $XYL

LVW Advisors LLC lowered its holdings in Xylem Inc. (NYSE:XYL) by 18.8% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,020 shares of the industrial products company’s stock after selling 468 shares during the quarter. LVW Advisors LLC’s holdings in Xylem were worth $261,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the business. Signature Resources Capital Management LLC acquired a new stake in Xylem in the 2nd quarter valued at $39,000. Signaturefd LLC boosted its holdings in Xylem by 7.5% during the 2nd quarter. Signaturefd LLC now owns 6,342 shares of the industrial products company’s stock worth $820,000 after acquiring an additional 441 shares during the last quarter. Patton Fund Management Inc. purchased a new position in Xylem during the 2nd quarter worth $245,000. ST Germain D J Co. Inc. boosted its holdings in Xylem by 950.0% during the 2nd quarter. ST Germain D J Co. Inc. now owns 252 shares of the industrial products company’s stock worth $33,000 after acquiring an additional 228 shares during the last quarter. Finally, Perennial Advisors LLC boosted its holdings in Xylem by 0.3% during the 2nd quarter. Perennial Advisors LLC now owns 49,270 shares of the industrial products company’s stock worth $6,374,000 after acquiring an additional 143 shares during the last quarter. Institutional investors and hedge funds own 87.96% of the company’s stock.

Analyst Ratings Changes

A number of research firms have issued reports on XYL. Zacks Research raised shares of Xylem from a “hold” rating to a “strong-buy” rating in a report on Monday, September 22nd. Citigroup reaffirmed a “buy” rating and set a $152.00 price objective (up from $137.00) on shares of Xylem in a report on Monday, July 14th. Mizuho lifted their price objective on shares of Xylem from $125.00 to $140.00 and gave the stock a “neutral” rating in a report on Friday, September 12th. Cowen reaffirmed a “hold” rating on shares of Xylem in a report on Tuesday, August 26th. Finally, Stifel Nicolaus lifted their target price on Xylem from $162.00 to $175.00 and gave the stock a “buy” rating in a research note on Friday, August 1st. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $152.33.

Xylem Trading Up 1.1%

Shares of Xylem stock opened at $143.03 on Monday. Xylem Inc. has a 52-week low of $100.47 and a 52-week high of $145.33. The stock’s 50-day simple moving average is $140.36 and its 200 day simple moving average is $128.64. The stock has a market capitalization of $34.82 billion, a P/E ratio of 37.15, a P/E/G ratio of 2.47 and a beta of 1.09. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.43 and a current ratio of 1.90.

Xylem (NYSE:XYL) last announced its quarterly earnings results on Thursday, July 31st. The industrial products company reported $1.26 earnings per share 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 for the quarter, compared to analysts’ expectations of $2.20 billion. During the same period in the prior year, the business posted $1.09 earnings per share. The company’s revenue was up 6.1% on a year-over-year basis. Xylem has set its FY 2025 guidance at 4.700-4.850 EPS. As a group, research analysts anticipate that Xylem Inc. will post 4.65 EPS for the current year.

Xylem Announces Dividend

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

Insider Activity at Xylem

In other news, CAO Geri-Michelle Mcshane sold 1,000 shares of the business’s stock in a transaction dated Friday, September 5th. The stock was sold at an average price of $139.96, for a total transaction of $139,960.00. Following the completion of the transaction, the chief accounting officer owned 2,957 shares of the company’s stock, valued at approximately $413,861.72. The trade was a 25.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.27% of the company’s stock.

Xylem 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.