Trillium Asset Management LLC Sells 41,300 Shares of Xylem Inc. $XYL

Trillium Asset Management LLC trimmed its holdings in Xylem Inc. (NYSE:XYL) by 20.9% in the 4th quarter, Holdings Channel reports. The fund owned 156,502 shares of the industrial products company’s stock after selling 41,300 shares during the quarter. Trillium Asset Management LLC’s holdings in Xylem were worth $21,608,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the business. State of Wyoming grew its position in shares of Xylem by 10.4% during the 3rd quarter. State of Wyoming now owns 756 shares of the industrial products company’s stock worth $112,000 after buying an additional 71 shares during the period. Orion Porfolio Solutions LLC grew its position in shares of Xylem by 1.0% during the 3rd quarter. Orion Porfolio Solutions LLC now owns 7,802 shares of the industrial products company’s stock worth $1,151,000 after buying an additional 74 shares during the period. Journey Strategic Wealth LLC grew its position in shares of Xylem by 1.5% during the 3rd quarter. Journey Strategic Wealth LLC now owns 5,107 shares of the industrial products company’s stock worth $753,000 after buying an additional 77 shares during the period. Quest Investment Management LLC grew its position in shares of Xylem by 1.0% during the 3rd quarter. Quest Investment Management LLC now owns 7,588 shares of the industrial products company’s stock worth $1,119,000 after buying an additional 77 shares during the period. Finally, Keel Point LLC grew its position in shares of Xylem by 4.6% during the 3rd quarter. Keel Point LLC now owns 1,784 shares of the industrial products company’s stock worth $263,000 after buying an additional 79 shares during the period. 87.96% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Barclays decreased their target price on Xylem from $156.00 to $154.00 and set an “overweight” rating for the company in a research report on Wednesday, April 29th. TD Cowen reiterated a “hold” rating on shares of Xylem in a report on Monday, February 23rd. Citigroup cut their price objective on Xylem from $174.00 to $168.00 and set a “buy” rating on the stock in a report on Wednesday, April 29th. Stifel Nicolaus cut their price objective on Xylem from $163.00 to $159.00 and set a “buy” rating on the stock in a report on Wednesday, April 29th. Finally, UBS Group lifted their price objective on Xylem from $132.00 to $133.00 and gave the company a “neutral” rating in a report on Wednesday, April 29th. Seven investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $152.77.

Xylem Trading Up 0.8%

NYSE:XYL opened at $109.92 on Friday. Xylem Inc. has a fifty-two week low of $105.29 and a fifty-two week high of $154.27. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.46 and a quick ratio of 1.10. The stock has a market capitalization of $26.13 billion, a PE ratio of 27.34, a price-to-earnings-growth ratio of 1.55 and a beta of 1.04. The business’s 50-day simple moving average is $115.78 and its 200-day simple moving average is $127.35.

Xylem (NYSE:XYL) last released its quarterly earnings data on Tuesday, April 28th. The industrial products company reported $1.12 earnings per share for the quarter, beating the consensus estimate of $1.09 by $0.03. Xylem had a return on equity of 11.26% and a net margin of 10.79%.The business had revenue of $2.13 billion for the quarter, compared to analysts’ expectations of $2.11 billion. During the same quarter in the previous year, the business posted $1.03 EPS. Xylem’s revenue for the quarter was up 2.7% on a year-over-year basis. Xylem has set its FY 2026 guidance at 5.350-5.600 EPS. Sell-side analysts expect that Xylem Inc. will post 5.51 earnings per share for the current fiscal year.

Xylem Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Thursday, May 28th will be paid a $0.43 dividend. The ex-dividend date is Thursday, May 28th. This represents a $1.72 annualized dividend and a yield of 1.6%. Xylem’s payout ratio is presently 42.79%.

Xylem announced that its board has approved a stock buyback plan on Wednesday, February 25th that permits the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization permits the industrial products company to buy up to 4.8% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s board believes its stock is undervalued.

Insider Activity at Xylem

In other Xylem news, CAO Geri-Michelle Mcshane sold 4,269 shares of the business’s stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $117.46, for a total value of $501,436.74. Following the sale, the chief accounting officer owned 3,605 shares in the company, valued at approximately $423,443.30. The trade was a 54.22% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Jerome A. Peribere bought 1,210 shares of the business’s stock in a transaction on Monday, May 4th. The stock was purchased at an average price of $116.61 per share, for a total transaction of $141,098.10. Following the purchase, the director directly owned 27,209 shares in the company, valued at approximately $3,172,841.49. This represents a 4.65% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 0.32% of the company’s stock.

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.