UNIVEST FINANCIAL Corp Takes Position in Xylem Inc. $XYL

UNIVEST FINANCIAL Corp purchased a new stake in Xylem Inc. (NYSE:XYL) during the first quarter, according to its most recent filing with the SEC. The firm purchased 7,601 shares of the industrial products company’s stock, valued at approximately $908,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Welch & Forbes LLC increased its stake in Xylem by 3.0% in the first quarter. Welch & Forbes LLC now owns 413,855 shares of the industrial products company’s stock valued at $49,456,000 after purchasing an additional 12,023 shares in the last quarter. Citizens Financial Group Inc. RI raised its holdings in Xylem by 7.8% in the first quarter. Citizens Financial Group Inc. RI now owns 4,276 shares of the industrial products company’s stock worth $511,000 after purchasing an additional 309 shares during the period. Fifth Third Bancorp boosted its position in shares of Xylem by 97.4% during the first quarter. Fifth Third Bancorp now owns 78,502 shares of the industrial products company’s stock worth $9,381,000 after purchasing an additional 38,741 shares in the last quarter. Candriam S.C.A. grew its holdings in shares of Xylem by 28.0% in the 1st quarter. Candriam S.C.A. now owns 974,871 shares of the industrial products company’s stock valued at $116,497,000 after buying an additional 213,448 shares during the period. Finally, Sequoia Financial Advisors LLC grew its holdings in shares of Xylem by 6.1% in the 1st quarter. Sequoia Financial Advisors LLC now owns 365,274 shares of the industrial products company’s stock valued at $43,650,000 after buying an additional 21,060 shares during the period. Institutional investors own 87.96% of the company’s stock.

Xylem Stock Performance

Shares of Xylem stock opened at $121.26 on Monday. 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 firm has a market cap of $28.82 billion, a price-to-earnings ratio of 30.16, a price-to-earnings-growth ratio of 1.72 and a beta of 1.03. The stock’s 50-day moving average is $112.64 and its 200-day moving average is $123.94. Xylem Inc. has a one year low of $105.29 and a one year high of $154.27.

Xylem (NYSE:XYL) last posted its quarterly earnings data on Tuesday, April 28th. The industrial products company reported $1.12 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 $2.12 billion during the quarter, compared to the consensus estimate of $2.11 billion. During the same period last year, the company earned $1.03 earnings per share. Xylem’s quarterly revenue was up 2.7% on a year-over-year basis. Xylem has set its FY 2026 guidance at 5.350-5.600 EPS. Equities analysts predict that Xylem Inc. will post 5.51 earnings per share for the current fiscal year.

Xylem Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Thursday, May 28th were paid a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend was Thursday, May 28th. Xylem’s dividend payout ratio (DPR) is currently 42.79%.

Analyst Upgrades and Downgrades

XYL has been the topic of several research analyst reports. Jefferies Financial Group raised Xylem from a “hold” rating to a “buy” rating and raised their price objective for the stock from $130.00 to $140.00 in a research note on Thursday, June 25th. Weiss Ratings cut Xylem from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, May 8th. Barclays dropped their price target on Xylem from $156.00 to $154.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 29th. CLSA upgraded Xylem to a “hold” rating in a report on Thursday, June 25th. Finally, Oppenheimer decreased their price objective on Xylem from $160.00 to $158.00 and set an “outperform” rating for the company in a research report on Wednesday, April 29th. Eight research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $153.54.

Insider Buying and Selling

In other Xylem news, Director Jerome A. Peribere acquired 1,210 shares of the business’s stock in a transaction dated Monday, May 4th. The shares were acquired 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 in the company, valued at $3,172,841.49. This trade represents a 4.65% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CAO Geri-Michelle Mcshane sold 4,269 shares of the stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $117.46, for a total transaction of $501,436.74. Following the transaction, the chief accounting officer owned 3,605 shares of the company’s stock, valued at $423,443.30. The trade was a 54.22% decrease in their position. The SEC filing for this sale provides additional information. 0.32% of the stock is owned by company insiders.

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.