West Family Investments Inc. Buys New Shares in Xylem Inc. $XYL

West Family Investments Inc. bought a new position in shares of Xylem Inc. (NYSE:XYL) during the 2nd quarter, HoldingsChannel.com reports. The fund bought 6,957 shares of the industrial products company’s stock, valued at approximately $822,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of XYL. Wexford Capital LP acquired a new position in shares of Xylem during the third quarter valued at about $27,000. Commonwealth Retirement Investments LLC bought a new position in shares of Xylem during the 4th quarter worth about $27,000. Dunhill Financial LLC acquired a new stake in shares of Xylem in the 2nd quarter valued at about $30,000. Avalon Trust Co acquired a new stake in shares of Xylem in the 2nd quarter valued at about $35,000. Finally, Entrust Financial LLC bought a new stake in Xylem in the 4th quarter valued at about $45,000. 87.96% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on XYL shares. Jefferies Financial Group raised Xylem from a “hold” rating to a “buy” rating and upped their price target for the stock from $130.00 to $140.00 in a research note on Thursday, June 25th. CLSA upgraded Xylem to a “hold” rating in a report on Thursday, June 25th. UBS Group increased their target price on Xylem from $135.00 to $138.00 and gave the stock a “neutral” rating in a report on Thursday, August 13th. Mizuho lifted their price target on shares of Xylem from $124.00 to $130.00 and gave the company a “neutral” rating in a research report on Wednesday, July 29th. Finally, Robert W. Baird upped their price objective on shares of Xylem from $163.00 to $165.00 and gave the stock an “outperform” rating in a report on Wednesday, July 29th. Nine research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $154.23.

Xylem Stock Performance

Shares of XYL opened at $116.28 on Thursday. The firm has a market capitalization of $27.15 billion, a P/E ratio of 27.69, a P/E/G ratio of 1.58 and a beta of 1.02. Xylem Inc. has a 52 week low of $105.29 and a 52 week high of $154.27. The stock has a 50 day moving average price of $117.87 and a two-hundred day moving average price of $120.03. 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 (NYSE:XYL) last posted its earnings results on Tuesday, July 28th. The industrial products company reported $1.46 earnings per share for the quarter, beating analysts’ consensus estimates 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 for 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 company’s revenue for the quarter was up 1.5% on a year-over-year basis. Xylem has set its FY 2026 guidance at 5.550-5.700 EPS. Equities analysts forecast that Xylem Inc. will post 5.67 earnings per share for the current fiscal year.

Xylem Announces Dividend

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

About Xylem

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.