Xylem Inc. $XYL Shares Acquired by ProShare Advisors LLC

ProShare Advisors LLC raised its holdings in shares of Xylem Inc. (NYSE:XYL) by 13.5% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 56,275 shares of the industrial products company’s stock after acquiring an additional 6,692 shares during the quarter. ProShare Advisors LLC’s holdings in Xylem were worth $7,664,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Vanguard Personalized Indexing Management LLC boosted its stake in Xylem by 19.0% in the third quarter. Vanguard Personalized Indexing Management LLC now owns 56,216 shares of the industrial products company’s stock valued at $8,292,000 after acquiring an additional 8,960 shares in the last quarter. Fisher Asset Management LLC boosted its stake in Xylem by 6.4% in the third quarter. Fisher Asset Management LLC now owns 404,613 shares of the industrial products company’s stock valued at $59,681,000 after acquiring an additional 24,352 shares in the last quarter. LGT Capital Partners LTD. boosted its stake in Xylem by 18.4% in the third quarter. LGT Capital Partners LTD. now owns 268,704 shares of the industrial products company’s stock valued at $39,634,000 after acquiring an additional 41,730 shares in the last quarter. AEGON ASSET MANAGEMENT UK Plc boosted its stake in Xylem by 9.8% in the third quarter. AEGON ASSET MANAGEMENT UK Plc now owns 417,651 shares of the industrial products company’s stock valued at $61,629,000 after acquiring an additional 37,189 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in shares of Xylem by 2,309.7% during 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 buying an additional 413,904 shares during the period. 87.96% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, Director Jerome A. Peribere purchased 1,210 shares of the business’s stock in a transaction that occurred on Monday, May 4th. The stock was purchased at an average cost of $116.61 per share, with a total value of $141,098.10. Following the completion of the acquisition, the director directly owned 27,209 shares of the company’s stock, valued at approximately $3,172,841.49. This trade represents a 4.65% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CAO Geri-Michelle Mcshane sold 4,269 shares of the stock in a transaction dated 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 directly owned 3,605 shares of the company’s stock, valued at $423,443.30. This represents a 54.22% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.32% of the company’s stock.

Xylem Trading Up 0.5%

NYSE XYL opened at $108.75 on Friday. The stock has a market capitalization of $25.85 billion, a P/E ratio of 27.05, a P/E/G ratio of 1.54 and a beta of 1.08. Xylem Inc. has a 52-week low of $105.29 and a 52-week high of $154.27. The firm has a 50-day moving average price of $119.12 and a 200 day moving average price of $131.31. The company has a quick ratio of 1.10, a current ratio of 1.46 and a debt-to-equity ratio of 0.13.

Xylem (NYSE:XYL) last posted its quarterly earnings results on Tuesday, April 28th. The industrial products company reported $1.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.09 by $0.03. The firm had revenue of $2.13 billion during the quarter, compared to analysts’ expectations of $2.11 billion. Xylem had a net margin of 10.79% and a return on equity of 11.26%. The firm’s revenue for the quarter was up 2.7% on a year-over-year basis. During the same period in the prior year, the company posted $1.03 earnings per share. Xylem has set its FY 2026 guidance at 5.350-5.600 EPS. Equities research analysts expect that Xylem Inc. will post 5.51 EPS for the current year.

Xylem declared that its Board of Directors has initiated a share buyback plan on Wednesday, February 25th that authorizes the company to repurchase $1.50 billion in shares. This repurchase authorization authorizes the industrial products company to repurchase up to 4.8% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s management believes its stock is undervalued.

Xylem Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Thursday, May 28th will be issued a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend is Thursday, May 28th. Xylem’s dividend payout ratio is currently 42.79%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the company. TD Cowen reissued a “hold” rating on shares of Xylem in a report on Monday, February 23rd. Jefferies Financial Group restated a “hold” rating and issued a $130.00 price target (down from $140.00) on shares of Xylem in a research report on Tuesday, March 31st. Stifel Nicolaus dropped their price target on Xylem from $163.00 to $159.00 and set a “buy” rating on the stock in a research report on Wednesday, April 29th. Robert W. Baird set a $161.00 price target on Xylem in a research report on Wednesday, February 11th. Finally, Oppenheimer dropped their price target on Xylem from $160.00 to $158.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 29th. Seven investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $152.77.

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.