Xylem Inc. $XYL Shares Acquired by MUFG Securities EMEA plc

MUFG Securities EMEA plc lifted its position in shares of Xylem Inc. (NYSE:XYL) by 608.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 32,990 shares of the industrial products company’s stock after purchasing an additional 28,331 shares during the period. MUFG Securities EMEA plc’s holdings in Xylem were worth $4,493,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. Welch & Forbes LLC lifted its position in shares of Xylem by 2.2% during the fourth quarter. Welch & Forbes LLC now owns 401,832 shares of the industrial products company’s stock worth $54,722,000 after purchasing an additional 8,461 shares in the last quarter. AdvisorShares Investments LLC acquired a new position in shares of Xylem during the fourth quarter worth $146,000. Norges Bank acquired a new position in shares of Xylem during the fourth quarter worth $361,012,000. Moors & Cabot Inc. raised its holdings in Xylem by 2.2% in the fourth quarter. Moors & Cabot Inc. now owns 9,365 shares of the industrial products company’s stock valued at $1,275,000 after acquiring an additional 202 shares in the last quarter. Finally, Baker Avenue Asset Management LP raised its holdings in Xylem by 40.2% in the fourth quarter. Baker Avenue Asset Management LP now owns 2,049 shares of the industrial products company’s stock valued at $279,000 after acquiring an additional 587 shares in the last quarter. 87.96% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

XYL has been the topic of several recent analyst reports. TD Cowen reaffirmed a “hold” rating on shares of Xylem in a report on Monday, February 23rd. JPMorgan Chase & Co. cut their price target on shares of Xylem from $170.00 to $160.00 and set an “overweight” rating on the stock in a report on Thursday, April 16th. Barclays cut their price target on shares of Xylem from $156.00 to $154.00 and set an “overweight” rating on the stock in a report on Wednesday, April 29th. Mizuho set a $138.00 price target on shares of Xylem in a report on Wednesday, February 11th. Finally, UBS Group upped their price target on shares of Xylem from $132.00 to $133.00 and gave the company a “neutral” rating in a report on Wednesday, April 29th. Seven analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $152.77.

Insiders Place Their Bets

In other Xylem news, Director Jerome A. Peribere bought 1,210 shares of the company’s stock in a transaction on Monday, May 4th. The shares were bought 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 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 ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Geri-Michelle Mcshane sold 4,269 shares of the stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $117.46, for a total transaction of $501,436.74. Following the sale, the chief accounting officer directly owned 3,605 shares in the company, valued at $423,443.30. This trade represents a 54.22% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.32% of the stock is currently owned by corporate insiders.

Xylem Stock Up 0.0%

Shares of NYSE:XYL opened at $109.58 on Monday. The stock has a market capitalization of $26.05 billion, a price-to-earnings ratio of 27.26, a price-to-earnings-growth ratio of 1.56 and a beta of 1.05. Xylem Inc. has a 1-year low of $105.29 and a 1-year high of $154.27. The company’s fifty day moving average is $117.84 and its two-hundred day moving average is $129.61. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.10 and a current ratio of 1.46.

Xylem (NYSE:XYL) last issued its earnings results on Tuesday, April 28th. The industrial products company reported $1.12 earnings per share for the quarter, topping analysts’ consensus estimates of $1.09 by $0.03. The company had revenue of $2.13 billion for 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 was up 2.7% compared to the same quarter last year. During the same period in the prior year, the company earned $1.03 earnings per share. Xylem has set its FY 2026 guidance at 5.350-5.600 EPS. Equities analysts anticipate that Xylem Inc. will post 5.51 EPS for the current year.

Xylem Announces Dividend

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

Xylem announced that its Board of Directors has authorized a share buyback program on Wednesday, February 25th that allows the company to buyback $1.50 billion in outstanding shares. This buyback authorization allows the industrial products company to repurchase up to 4.8% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s board believes its shares are undervalued.

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.