Pacer Advisors Inc. Has $1.50 Million Position in Xylem Inc. $XYL

Pacer Advisors Inc. lessened its stake in shares of Xylem Inc. (NYSE:XYL) by 35.6% during the first quarter, Holdings Channel.com reports. The fund owned 12,507 shares of the industrial products company’s stock after selling 6,921 shares during the period. Pacer Advisors Inc.’s holdings in Xylem were worth $1,495,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of XYL. Callahan Advisors LLC bought a new position in shares of Xylem during the fourth quarter valued at $1,721,000. Northwestern Mutual Wealth Management Co. grew its stake in shares of Xylem by 2,309.7% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 431,824 shares of the industrial products company’s stock worth $54,314,000 after purchasing an additional 413,904 shares during the last quarter. Abacus Wealth Partners LLC acquired a new stake in Xylem in the fourth quarter valued at $1,663,000. Norges Bank bought a new position in Xylem during the 4th quarter worth $361,012,000. Finally, MUFG Securities EMEA plc lifted its holdings in Xylem by 608.1% during the 4th quarter. MUFG Securities EMEA plc now owns 32,990 shares of the industrial products company’s stock worth $4,493,000 after buying an additional 28,331 shares during the period. 87.96% of the stock is currently owned by institutional investors.

Xylem Trading Down 0.3%

Shares of XYL stock opened at $120.36 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 0.23, a quick ratio of 1.24 and a current ratio of 1.61. The stock has a 50 day simple moving average of $116.32 and a two-hundred day simple moving average of $121.39. The company has a market cap of $28.10 billion, a P/E ratio of 28.66, a PEG ratio of 1.67 and a beta of 1.02.

Xylem (NYSE:XYL) last announced its quarterly earnings data on Tuesday, July 28th. The industrial products company reported $1.46 EPS for the quarter, topping the consensus estimate of $1.34 by $0.12. The company had revenue of $2.34 billion during the quarter, compared to the consensus estimate of $2.34 billion. Xylem had a net margin of 11.15% and a return on equity of 11.77%. The company’s quarterly revenue was up 1.5% on a year-over-year basis. During the same quarter last year, the firm posted $1.26 EPS. Xylem has set its FY 2026 guidance at 5.550-5.700 EPS. Research analysts forecast that Xylem Inc. will post 5.67 earnings per share for the current year.

Xylem Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Thursday, May 28th were paid a $0.43 dividend. This represents a $1.72 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend was Thursday, May 28th. Xylem’s payout ratio is 40.95%.

Analysts Set New Price Targets

XYL has been the topic of a number of analyst reports. Mizuho upped their price target on Xylem from $124.00 to $130.00 and gave the company a “neutral” rating in a research report on Wednesday, July 29th. Oppenheimer reduced their target price on Xylem from $160.00 to $158.00 and set an “outperform” rating on the stock in a report on Wednesday, April 29th. CLSA raised shares of Xylem to a “hold” rating in a research report on Thursday, June 25th. Robert W. Baird raised their price target on shares of Xylem from $163.00 to $165.00 and gave the stock an “outperform” rating in a report on Wednesday, July 29th. Finally, Stifel Nicolaus upped their price objective on shares of Xylem from $157.00 to $160.00 and gave the company a “buy” rating in a research note on Wednesday, July 29th. Nine analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $154.00.

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.