Landscape Capital Management L.L.C. Buys Shares of 21,379 Xylem Inc. $XYL

Landscape Capital Management L.L.C. acquired a new stake in shares of Xylem Inc. (NYSE:XYL) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 21,379 shares of the industrial products company’s stock, valued at approximately $2,527,000.

A number of other institutional investors have also recently added to or reduced their stakes in XYL. J. Stern & Co. LLP boosted its stake in Xylem by 12,326.6% during the 4th quarter. J. Stern & Co. LLP now owns 45,448,168 shares of the industrial products company’s stock valued at $6,189,132,000 after purchasing an additional 45,082,435 shares during the period. Vanguard Group Inc. increased its stake in shares of Xylem by 0.5% in the fourth quarter. Vanguard Group Inc. now owns 30,054,743 shares of the industrial products company’s stock valued at $4,092,855,000 after purchasing an additional 152,507 shares during the period. BlackRock Inc. acquired a new stake in shares of Xylem in the second quarter valued at approximately $2,959,730,000. State Street Corp raised its holdings in shares of Xylem by 2.6% during the fourth quarter. State Street Corp now owns 11,233,427 shares of the industrial products company’s stock valued at $1,529,768,000 after buying an additional 280,221 shares during the last quarter. Finally, Geode Capital Management LLC raised its holdings in shares of Xylem by 2.4% during the fourth quarter. Geode Capital Management LLC now owns 6,357,278 shares of the industrial products company’s stock valued at $862,364,000 after buying an additional 151,754 shares during the last quarter. 87.96% of the stock is currently owned by institutional investors.

Xylem Price Performance

NYSE:XYL opened at $113.62 on Friday. The company has a quick ratio of 1.24, a current ratio of 1.61 and a debt-to-equity ratio of 0.23. The business’s 50-day moving average price is $118.04 and its 200 day moving average price is $119.81. Xylem Inc. has a 52-week low of $105.29 and a 52-week high of $154.27. The firm has a market cap of $26.53 billion, a P/E ratio of 27.05, a PEG ratio of 1.57 and a beta of 1.02.

Xylem (NYSE:XYL) last posted its quarterly earnings results on Tuesday, July 28th. The industrial products company reported $1.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.34 by $0.12. Xylem had a net margin of 11.15% and a return on equity of 11.77%. The firm had revenue of $2.34 billion for the quarter, compared to analyst estimates of $2.34 billion. During the same quarter in the previous year, the business posted $1.26 earnings per share. The firm’s quarterly revenue was up 1.5% compared to the same quarter last year. Xylem has set its FY 2026 guidance at 5.550-5.700 EPS. As a group, sell-side analysts predict that Xylem Inc. will post 5.67 earnings per share for the current fiscal year.

Xylem Announces Dividend

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

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on XYL shares. UBS Group increased their price objective on Xylem from $135.00 to $138.00 and gave the stock a “neutral” rating in a report on Thursday, August 13th. CLSA raised Xylem to a “hold” rating in a research note on Thursday, June 25th. Jefferies Financial Group upgraded Xylem from a “hold” rating to a “buy” rating and boosted their price target for the stock from $130.00 to $140.00 in a research report on Thursday, June 25th. Barclays increased their price target on Xylem from $154.00 to $159.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 29th. Finally, Stifel Nicolaus raised their price target on Xylem from $157.00 to $160.00 and gave the company a “buy” 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. Based on data from MarketBeat.com, Xylem currently has an average rating of “Moderate Buy” and an average price target of $154.23.

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.