Trillium Asset Management LLC Takes $24.02 Million Position in Xylem Inc. $XYL

Trillium Asset Management LLC acquired a new position in shares of Xylem Inc. (NYSE:XYL) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 203,219 shares of the industrial products company’s stock, valued at approximately $24,023,000.

Several other institutional investors have also added to or reduced their stakes in XYL. AQR Capital Management LLC increased its position in Xylem by 14.4% during the 1st quarter. AQR Capital Management LLC now owns 30,955 shares of the industrial products company’s stock valued at $3,645,000 after purchasing an additional 3,900 shares during the period. NewEdge Advisors LLC raised its holdings in Xylem by 3.3% during the 1st quarter. NewEdge Advisors LLC now owns 4,151 shares of the industrial products company’s stock worth $496,000 after purchasing an additional 132 shares during the last quarter. Empowered Funds LLC lifted its position in shares of Xylem by 56.1% in the 1st quarter. Empowered Funds LLC now owns 8,678 shares of the industrial products company’s stock worth $1,037,000 after purchasing an additional 3,120 shares during the period. Arrowstreet Capital Limited Partnership lifted its position in shares of Xylem by 97.6% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 11,151 shares of the industrial products company’s stock worth $1,442,000 after purchasing an additional 5,509 shares during the period. Finally, EverSource Wealth Advisors LLC boosted its stake in shares of Xylem by 114.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,192 shares of the industrial products company’s stock valued at $154,000 after purchasing an additional 635 shares during the last quarter. 87.96% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on XYL shares. Weiss Ratings reiterated a “hold (c)” rating on shares of Xylem in a research report on Wednesday, August 5th. Royal Bank Of Canada upped their price target on shares of Xylem from $159.00 to $164.00 and gave the company an “outperform” rating in a research report on Wednesday, July 29th. Robert W. Baird increased their price target on Xylem from $163.00 to $165.00 and gave the stock an “outperform” rating in a report on Wednesday, July 29th. Citigroup reissued a “buy” rating on shares of Xylem in a research report on Wednesday, July 29th. Finally, CLSA raised Xylem to a “hold” rating in a research note on Thursday, June 25th. Nine 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, Xylem has a consensus rating of “Moderate Buy” and an average target price of $154.23.

Xylem Trading Down 2.4%

Shares of Xylem stock opened at $113.42 on Friday. The stock has a market capitalization of $26.48 billion, a PE ratio of 27.00, a price-to-earnings-growth ratio of 1.61 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 $117.96 and a two-hundred day moving average price of $119.86. 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 issued its earnings results on Tuesday, July 28th. The industrial products company reported $1.46 earnings per share for the quarter, topping 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 period in the prior year, the firm earned $1.26 earnings per share. Xylem’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. As a group, equities analysts anticipate that Xylem Inc. will post 5.67 earnings per share for the current fiscal year.

Xylem Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Thursday, August 27th will be issued 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 is presently 40.95%.

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.