Xylem Inc. $XYL Stock Position Reduced by Lombard Odier Asset Management Europe Ltd

Lombard Odier Asset Management Europe Ltd reduced its position in shares of Xylem Inc. (NYSE:XYL) by 99.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 139,678 shares of the industrial products company’s stock after selling 28,552,171 shares during the period. Xylem comprises approximately 0.9% of Lombard Odier Asset Management Europe Ltd’s holdings, making the stock its 29th largest holding. Lombard Odier Asset Management Europe Ltd’s holdings in Xylem were worth $19,021,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Knuff & Co LLC acquired a new stake in shares of Xylem during the third quarter worth $27,000. Board of the Pension Protection Fund acquired a new position in shares of Xylem in the 4th quarter valued at about $27,000. Commonwealth Retirement Investments LLC bought a new stake in shares of Xylem during the 4th quarter valued at about $27,000. Wexford Capital LP acquired a new stake in Xylem during the third quarter worth about $27,000. Finally, Ramirez Asset Management Inc. raised its stake in Xylem by 100.0% during the third quarter. Ramirez Asset Management Inc. now owns 200 shares of the industrial products company’s stock worth $30,000 after acquiring an additional 100 shares during the period. 87.96% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

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

Xylem Price Performance

Shares of NYSE XYL opened at $112.19 on Wednesday. Xylem Inc. has a twelve month low of $105.29 and a twelve month high of $154.27. The company has a current ratio of 1.46, a quick ratio of 1.10 and a debt-to-equity ratio of 0.13. The firm has a 50-day moving average of $115.39 and a two-hundred day moving average of $126.83. The company has a market capitalization of $26.67 billion, a price-to-earnings ratio of 27.91, a PEG ratio of 1.58 and a beta of 1.04.

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

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

Xylem Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Stockholders of record on Thursday, May 28th will be paid a dividend of $0.43 per share. The ex-dividend date of this dividend is Thursday, May 28th. This represents a $1.72 annualized dividend and a dividend yield of 1.5%. Xylem’s dividend payout ratio (DPR) is currently 42.79%.

Analyst Upgrades and Downgrades

A number of brokerages have commented on XYL. Oppenheimer decreased their target price on Xylem from $160.00 to $158.00 and set an “outperform” rating for the company in a research note on Wednesday, April 29th. Citigroup lowered their price objective on Xylem from $174.00 to $168.00 and set a “buy” rating for the company in a research note on Wednesday, April 29th. UBS Group upped their target price on shares of Xylem from $132.00 to $133.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 29th. Barclays cut their price objective on shares of Xylem from $156.00 to $154.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 29th. Finally, JPMorgan Chase & Co. lowered their target price on shares of Xylem from $170.00 to $160.00 and set an “overweight” rating on the stock in a research note on Thursday, April 16th. Seven analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price 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.