Natixis Advisors LLC Sells 101,285 Shares of Xylem Inc. $XYL

Natixis Advisors LLC decreased its position in shares of Xylem Inc. (NYSE:XYL) by 26.9% in the 4th quarter, HoldingsChannel reports. The firm owned 275,928 shares of the industrial products company’s stock after selling 101,285 shares during the quarter. Natixis Advisors LLC’s holdings in Xylem were worth $37,576,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the business. AXQ Capital LP acquired a new stake in shares of Xylem in the 4th quarter valued at approximately $2,840,000. New Mexico Educational Retirement Board increased its holdings in Xylem by 1.8% in the fourth quarter. New Mexico Educational Retirement Board now owns 11,205 shares of the industrial products company’s stock valued at $1,526,000 after purchasing an additional 200 shares during the period. Peapack Gladstone Financial Corp increased its stake in shares of Xylem by 260.4% in the fourth quarter. Peapack Gladstone Financial Corp now owns 93,506 shares of the industrial products company’s stock valued at $12,734,000 after buying an additional 67,558 shares during the period. Hazlett Burt & Watson Inc. raised its holdings in Xylem by 58.9% during the 4th quarter. Hazlett Burt & Watson Inc. now owns 1,192 shares of the industrial products company’s stock worth $162,000 after purchasing an additional 442 shares during the last quarter. Finally, Nomura Asset Management Co. Ltd. raised its stake in Xylem by 3.4% during the fourth quarter. Nomura Asset Management Co. Ltd. now owns 274,506 shares of the industrial products company’s stock worth $37,382,000 after buying an additional 9,102 shares during the last quarter. Institutional investors and hedge funds own 87.96% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have issued reports on XYL shares. Weiss Ratings lowered Xylem from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, May 8th. Mizuho set a $138.00 price target on Xylem in a research note on Wednesday, February 11th. Barclays reduced their target price on shares of Xylem from $156.00 to $154.00 and set an “overweight” rating for the company in a research note on Wednesday, April 29th. Robert W. Baird set a $161.00 price target on Xylem in a research report on Wednesday, February 11th. Finally, Citigroup lowered their price objective on shares of Xylem from $174.00 to $168.00 and set a “buy” rating on the stock in a research report on Wednesday, April 29th. Seven equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $152.77.

Insider Transactions at Xylem

In other Xylem news, CAO Geri-Michelle Mcshane sold 4,269 shares of Xylem stock in a transaction that occurred on Thursday, May 7th. The shares were sold at an average price of $117.46, for a total transaction of $501,436.74. Following the completion of the sale, the chief accounting officer directly owned 3,605 shares in the company, valued at $423,443.30. The trade was a 54.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Jerome A. Peribere bought 1,210 shares of the business’s stock in a transaction that occurred on Monday, May 4th. The stock was bought at an average price of $116.61 per share, with a total value of $141,098.10. Following the completion of the transaction, the director directly owned 27,209 shares of the company’s stock, valued at $3,172,841.49. This represents a 4.65% increase in their position. The SEC filing for this purchase provides additional information. 0.32% of the stock is owned by corporate insiders.

Xylem Stock Down 0.4%

XYL stock opened at $109.88 on Thursday. Xylem Inc. has a twelve month low of $105.29 and a twelve month high of $154.27. The company has a quick ratio of 1.10, a current ratio of 1.46 and a debt-to-equity ratio of 0.13. The firm has a market capitalization of $26.12 billion, a PE ratio of 27.33, a PEG ratio of 1.57 and a beta of 1.04. The stock has a 50-day simple moving average of $117.20 and a two-hundred day simple moving average of $128.77.

Xylem (NYSE:XYL) last announced its quarterly earnings results on Tuesday, April 28th. The industrial products company reported $1.12 EPS for the quarter, beating the consensus estimate of $1.09 by $0.03. The firm had revenue of $2.13 billion during the quarter, compared to the consensus estimate of $2.11 billion. Xylem had a net margin of 10.79% and a return on equity of 11.26%. The business’s quarterly revenue was up 2.7% compared to the same quarter last year. During the same period last year, the firm earned $1.03 EPS. Xylem has set its FY 2026 guidance at 5.350-5.600 EPS. On average, equities analysts predict that Xylem Inc. will post 5.51 EPS for the current fiscal year.

Xylem declared that its board has approved a stock buyback plan on Wednesday, February 25th that allows the company to buyback $1.50 billion in outstanding shares. This buyback authorization allows the industrial products company to reacquire up to 4.8% of its shares through open market purchases. Shares buyback plans are often an indication that the company’s board believes its shares are undervalued.

Xylem Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Thursday, May 28th will be paid a dividend of $0.43 per share. The ex-dividend date of this dividend is Thursday, May 28th. This represents a $1.72 annualized dividend and a yield of 1.6%. Xylem’s dividend payout ratio (DPR) is currently 42.79%.

Xylem Profile

Xylem Inc (NYSE: XYL) is a global water technology company that designs, manufactures and services engineered systems and equipment for the transport, treatment, testing and efficient use of water. Its product portfolio spans pumps and pumping systems, valves, filtration and disinfection equipment, sensors and analytical instruments, and digital solutions for monitoring and control of water infrastructure. Xylem serves the full water cycle with offerings for water and wastewater utilities, industrial customers, commercial and residential buildings, and agricultural applications.

The company was established as an independent publicly traded company in 2011 following a corporate spin-off from ITT Corporation and is headquartered in Rye Brook, New York.