111 Capital Has $777,000 Position in Xylem Inc. $XYL

Key Points

• 111 Capital reduced its stake in Xylem Inc. by 22.2%, now holding 6,006 shares valued at $777,000 as of the latest SEC filing.
• Institutional investors and hedge funds collectively own 87.96% of Xylem's stock, showcasing strong institutional interest.
• Xylem reported a 1.26 EPS for the last quarter, surpassing estimates and reflecting a 6.1% increase in revenue year-over-year.

111 Capital lowered its stake in shares of Xylem Inc. (NYSE:XYL - Free Report) by 22.2% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 6,006 shares of the industrial products company's stock after selling 1,709 shares during the period. 111 Capital's holdings in Xylem were worth $777,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in XYL. Price T Rowe Associates Inc. MD raised its position in Xylem by 689.5% in the first quarter. Price T Rowe Associates Inc. MD now owns 3,708,963 shares of the industrial products company's stock worth $443,074,000 after purchasing an additional 3,239,203 shares in the last quarter. Nuveen LLC acquired a new position in Xylem in the first quarter worth about $99,726,000. OVERSEA CHINESE BANKING Corp Ltd raised its position in Xylem by 390.5% in the first quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 1,021,337 shares of the industrial products company's stock worth $122,009,000 after purchasing an additional 813,100 shares in the last quarter. Vaughan Nelson Investment Management L.P. acquired a new position in Xylem in the first quarter worth about $89,828,000. Finally, Swedbank AB raised its position in Xylem by 13.9% in the second quarter. Swedbank AB now owns 4,366,932 shares of the industrial products company's stock worth $564,906,000 after purchasing an additional 531,890 shares in the last quarter. Institutional investors and hedge funds own 87.96% of the company's stock.

Insider Activity at Xylem

In other news, CAO Geri-Michelle Mcshane sold 1,000 shares of the stock in a transaction that occurred on Friday, September 5th. The shares were sold at an average price of $139.96, for a total transaction of $139,960.00. Following the sale, the chief accounting officer directly owned 2,957 shares of the company's stock, valued at $413,861.72. This represents a 25.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.27% of the stock is owned by company insiders.

Xylem Price Performance

XYL opened at $149.99 on Friday. Xylem Inc. has a one year low of $100.47 and a one year high of $150.98. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.90 and a quick ratio of 1.43. The company's 50 day simple moving average is $141.96 and its 200-day simple moving average is $129.48. The stock has a market capitalization of $36.51 billion, a P/E ratio of 38.96, a price-to-earnings-growth ratio of 2.59 and a beta of 1.13.

Xylem (NYSE:XYL - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The industrial products company reported $1.26 EPS for the quarter, beating the consensus estimate of $1.15 by $0.11. Xylem had a net margin of 10.74% and a return on equity of 10.33%. The business had revenue of $2.30 billion for the quarter, compared to analysts' expectations of $2.20 billion. During the same period in the prior year, the firm earned $1.09 earnings per share. Xylem's revenue was up 6.1% compared to the same quarter last year. Xylem has set its FY 2025 guidance at 4.700-4.850 EPS. Sell-side analysts anticipate that Xylem Inc. will post 4.65 earnings per share for the current fiscal year.

Xylem Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, September 25th. Stockholders of record on Thursday, August 28th were paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend was Thursday, August 28th. Xylem's dividend payout ratio is 41.56%.

Analysts Set New Price Targets

Several research analysts recently issued reports on XYL shares. UBS Group increased their price target on shares of Xylem from $164.00 to $168.00 and gave the stock a "buy" rating in a research report on Tuesday, August 5th. Zacks Research raised shares of Xylem from a "hold" rating to a "strong-buy" rating in a research report on Monday, September 22nd. TD Cowen raised their price objective on shares of Xylem from $125.00 to $130.00 and gave the stock a "hold" rating in a report on Tuesday, August 26th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Xylem in a report on Saturday, September 27th. Finally, Mizuho raised their price objective on shares of Xylem from $125.00 to $140.00 and gave the stock a "neutral" rating in a report on Friday, September 12th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $152.33.

Xylem Profile

Xylem Inc, together with its subsidiaries, engages in the design, manufacture, and servicing of engineered products and solutions worldwide. It operates through four segments: Water Infrastructure, Applied Water, Measurement & Control Solutions, and Integrated Solutions and Services. The Water Infrastructure segment offers products, including water, storm water, and wastewater pumps; controls and systems; filtration, disinfection, and biological treatment equipment; and mobile dewatering equipment and rental services under the ADI, Flygt, Godwin, Sanitaire, Magneto, Neptune Benson, Ionpure, Leopold, Wedeco, and Xylem Vue brands.

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