Deutsche Bank AG Takes Position in Xylem Inc. $XYL

Deutsche Bank AG purchased a new stake in shares of Xylem Inc. (NYSE:XYL) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 1,887,867 shares of the industrial products company’s stock, valued at approximately $223,165,000.

Several other institutional investors and hedge funds also recently bought and sold shares of XYL. Commonwealth Retirement Investments LLC purchased a new position in Xylem in the 4th quarter valued at approximately $27,000. Wexford Capital LP purchased a new stake in shares of Xylem during the third quarter worth $27,000. Avalon Trust Co bought a new position in shares of Xylem in the second quarter worth $35,000. Global Assets Advisory LLC bought a new position in shares of Xylem in the first quarter worth $40,000. Finally, FWL Investment Management LLC purchased a new position in shares of Xylem in the second quarter valued at $43,000. 87.96% of the stock is owned by institutional investors.

Xylem Trading Down 3.0%

Shares of XYL stock opened at $113.98 on Wednesday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.24 and a current ratio of 1.61. Xylem Inc. has a 52-week low of $105.29 and a 52-week high of $154.27. The company has a market capitalization of $26.61 billion, a PE ratio of 27.14, a price-to-earnings-growth ratio of 1.66 and a beta of 1.02. The business’s fifty day moving average is $117.69 and its 200 day moving average is $120.18.

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

Xylem Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Thursday, August 27th will be issued a $0.43 dividend. The ex-dividend date of this dividend is Thursday, August 27th. This represents a $1.72 annualized dividend and a dividend yield of 1.5%. Xylem’s dividend payout ratio (DPR) is presently 40.95%.

Analyst Ratings Changes

A number of analysts recently issued reports on the company. Stifel Nicolaus boosted their price objective on Xylem from $157.00 to $160.00 and gave the company a “buy” rating in a research note on Wednesday, July 29th. UBS Group raised their target price on Xylem from $135.00 to $138.00 and gave the stock a “neutral” rating in a research note on Thursday, August 13th. Mizuho lifted their target price on Xylem from $124.00 to $130.00 and gave the company a “neutral” rating in a report on Wednesday, July 29th. CLSA upgraded Xylem to a “hold” rating in a research report on Thursday, June 25th. Finally, Citigroup reissued a “buy” rating on shares of Xylem in a report on Wednesday, July 29th. Nine equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $154.23.

Xylem Company 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.