Citizens Financial Group Inc. RI Raises Stock Holdings in Xylem Inc. $XYL

Citizens Financial Group Inc. RI grew its position in shares of Xylem Inc. (NYSE:XYL) by 37.7% in the second quarter, according to its most recent filing with the SEC. The fund owned 3,658 shares of the industrial products company’s stock after acquiring an additional 1,001 shares during the quarter. Citizens Financial Group Inc. RI’s holdings in Xylem were worth $473,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Maseco LLP bought a new position in Xylem during the second quarter valued at $31,000. ST Germain D J Co. Inc. raised its position in shares of 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 valued at $33,000 after buying an additional 228 shares in the last quarter. Headlands Technologies LLC lifted its holdings in shares of Xylem by 90.6% in the 1st quarter. Headlands Technologies LLC now owns 305 shares of the industrial products company’s stock valued at $36,000 after acquiring an additional 145 shares during the last quarter. Signature Resources Capital Management LLC purchased a new position in Xylem in the second quarter worth about $39,000. Finally, Zions Bancorporation National Association UT bought a new stake in Xylem during the first quarter worth approximately $40,000. Institutional investors own 87.96% of the company’s stock.

Xylem Price Performance

Shares of XYL stock opened at $140.08 on Wednesday. The stock has a 50 day moving average price of $146.24 and a 200 day moving average price of $137.28. Xylem Inc. has a 52-week low of $100.47 and a 52-week high of $154.27. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.43 and a current ratio of 1.96. The firm has a market capitalization of $34.10 billion, a P/E ratio of 36.01, a P/E/G ratio of 2.50 and a beta of 1.15.

Xylem (NYSE:XYL) last released its earnings results on Tuesday, October 28th. The industrial products company reported $1.37 earnings per share for the quarter, topping analysts’ consensus estimates of $1.23 by $0.14. The business had revenue of $2.27 billion for the quarter, compared to analyst estimates of $2.22 billion. Xylem had a return on equity of 10.77% and a net margin of 10.66%.The business’s revenue was up 7.8% compared to the same quarter last year. During the same quarter last year, the firm posted $1.11 earnings per share. Xylem has set its FY 2025 guidance at 5.030-5.080 EPS. As a group, sell-side analysts predict that Xylem Inc. will post 4.65 earnings per share for the current year.

Xylem Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 23rd. Investors of record on Tuesday, November 25th will be issued a dividend of $0.40 per share. The ex-dividend date is Tuesday, November 25th. This represents a $1.60 dividend on an annualized basis and a yield of 1.1%. Xylem’s dividend payout ratio (DPR) is presently 41.13%.

Analyst Upgrades and Downgrades

XYL has been the subject of several analyst reports. Mizuho set a $160.00 price objective on Xylem in a research note on Wednesday, October 29th. Weiss Ratings restated a “buy (b-)” rating on shares of Xylem in a research report on Thursday, November 13th. Zacks Research upgraded shares of Xylem from a “hold” rating to a “strong-buy” rating in a research report on Monday, September 22nd. Citigroup raised their target price on shares of Xylem from $173.00 to $182.00 and gave the stock a “buy” rating in a report on Wednesday, October 29th. Finally, Wall Street Zen raised shares of Xylem from a “hold” rating to a “buy” rating in a research note on Saturday, August 9th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $166.90.

Insider Buying and Selling at Xylem

In other Xylem news, EVP Claudia S. Toussaint sold 10,421 shares of the business’s stock in a transaction dated Thursday, October 30th. The shares were sold at an average price of $152.64, for a total value of $1,590,661.44. Following the completion of the sale, the executive vice president directly owned 31,250 shares of the company’s stock, valued at $4,770,000. The trade was a 25.01% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Victoria D. Harker sold 1,700 shares of the firm’s stock in a transaction that occurred on Tuesday, November 4th. The stock was sold at an average price of $148.14, for a total transaction of $251,838.00. Following the transaction, the director directly owned 16,875 shares in the company, valued at approximately $2,499,862.50. This trade represents a 9.15% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 13,121 shares of company stock valued at $1,982,459 in the last three months. Company 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.