203,219 Shares in Xylem Inc. $XYL Purchased by Trillium Asset Management LLC

Key Points

• Trillium Asset Management acquired 203,219 Xylem shares during the second quarter, valued at approximately $24 million, giving it a 0.09% stake. Institutional investors collectively own 87.96% of the company.
• Analysts maintain a generally positive outlook, with Xylem holding a “Moderate Buy” consensus rating and an average price target of $154.23. Nine analysts rate the stock a Buy, while six recommend Hold.
• Xylem exceeded quarterly earnings expectations, reporting $1.46 EPS versus the $1.34 consensus and $2.34 billion in revenue. The company also declared a quarterly dividend of $0.43 per share, representing a 1.5% yield.

Trillium Asset Management LLC acquired a new position in shares of Xylem Inc. (NYSE:XYL - Free Report) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 203,219 shares of the industrial products company's stock, valued at approximately $24,023,000. Trillium Asset Management LLC owned approximately 0.09% of Xylem as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of XYL. OVERSEA CHINESE BANKING Corp Ltd acquired a new position in shares of Xylem in the 2nd quarter valued at approximately $3,149,000. Notis McConarty Edward acquired a new stake in shares of Xylem during the 2nd quarter worth approximately $3,959,000. Somerville Kurt F acquired a new stake in shares of Xylem during the 2nd quarter worth approximately $7,079,000. Puzo Michael J bought a new position in Xylem in the second quarter valued at approximately $7,723,000. Finally, Aurora Investment Counsel bought a new position in Xylem in the second quarter valued at approximately $558,000. 87.96% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have weighed in on XYL shares. CLSA upgraded Xylem to a "hold" rating in a research note on Thursday, June 25th. Oppenheimer decreased their price target on Xylem from $160.00 to $158.00 and set an "outperform" rating on the stock in a research note on Wednesday, April 29th. Citigroup reissued a "buy" rating on shares of Xylem in a report on Wednesday, July 29th. Weiss Ratings restated a "hold (c)" rating on shares of Xylem in a research report on Wednesday, August 5th. Finally, Mizuho raised their price objective on Xylem from $124.00 to $130.00 and gave the company a "neutral" rating in a research note on Wednesday, July 29th. Nine equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $154.23.

Xylem Stock Down 2.4%

Shares of NYSE XYL opened at $113.42 on Friday. The company has a 50 day simple moving average of $117.96 and a 200 day simple moving average of $119.86. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.61 and a quick ratio of 1.24. Xylem Inc. has a 1 year low of $105.29 and a 1 year high of $154.27. The firm has a market cap of $26.48 billion, a PE ratio of 27.00, a price-to-earnings-growth ratio of 1.61 and a beta of 1.02.

Xylem (NYSE:XYL - Get Free Report) last announced its quarterly earnings results on Tuesday, July 28th. The industrial products company reported $1.46 earnings per share (EPS) for the quarter, beating 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 during the quarter, compared to analysts' expectations of $2.34 billion. During the same period in the prior year, the company posted $1.26 EPS. The company's revenue was up 1.5% on a year-over-year basis. Xylem has set its FY 2026 guidance at 5.550-5.700 EPS. On average, research analysts forecast that Xylem Inc. will post 5.67 EPS for the current year.

Xylem Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 24th. Investors of record on Thursday, August 27th will be paid a $0.43 dividend. The ex-dividend date of this dividend is Thursday, August 27th. This represents a $1.72 annualized dividend and a dividend yield of 1.5%. Xylem's payout ratio is currently 40.95%.

Xylem Company 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.

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