892,400 Shares in Xylem Inc. $XYL Acquired by ABN AMRO Bank N.V.

ABN AMRO Bank N.V. acquired a new stake in shares of Xylem Inc. (NYSE:XYL - Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 892,400 shares of the industrial products company's stock, valued at approximately $105,523,000. Xylem accounts for approximately 1.4% of ABN AMRO Bank N.V.'s investment portfolio, making the stock its 22nd biggest position. ABN AMRO Bank N.V. owned 0.38% of Xylem as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of XYL. J. Stern & Co. LLP lifted its holdings in Xylem by 12,326.6% during the fourth quarter. J. Stern & Co. LLP now owns 45,448,168 shares of the industrial products company's stock worth $6,189,132,000 after acquiring an additional 45,082,435 shares in the last quarter. Norges Bank acquired a new position in Xylem in the 4th quarter worth $361,012,000. SEB Asset Management AB bought a new position in Xylem during the 1st quarter worth about $66,700,000. Balyasny Asset Management L.P. raised its stake in shares of Xylem by 346.2% in the 3rd quarter. Balyasny Asset Management L.P. now owns 712,950 shares of the industrial products company's stock valued at $105,160,000 after purchasing an additional 553,152 shares during the period. Finally, Adage Capital Partners GP L.L.C. acquired a new stake in shares of Xylem in the 2nd quarter valued at about $64,407,000. Institutional investors own 87.96% of the company's stock.

Analyst Ratings Changes

A number of analysts have recently commented on XYL shares. Weiss Ratings restated a "hold (c)" rating on shares of Xylem in a report on Wednesday, August 5th. Citigroup reissued a "buy" rating on shares of Xylem in a research report on Wednesday, July 29th. Robert W. Baird boosted their target price on Xylem from $163.00 to $165.00 and gave the company an "outperform" rating in a research note on Wednesday, July 29th. UBS Group upped their price target on Xylem from $135.00 to $138.00 and gave the stock a "neutral" rating in a research report on Thursday. Finally, Stifel Nicolaus raised their price target on shares of Xylem from $157.00 to $160.00 and gave the stock a "buy" rating in a research note on Wednesday, July 29th. Nine analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $154.23.

Xylem Price Performance

NYSE:XYL opened at $119.75 on Friday. Xylem Inc. has a 52-week low of $105.29 and a 52-week high of $154.27. The company has a market cap of $27.96 billion, a P/E ratio of 28.51, a P/E/G ratio of 1.66 and a beta of 1.02. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.24 and a current ratio of 1.61. The stock's 50-day simple moving average is $117.47 and its 200 day simple moving average is $120.65.

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

Xylem Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Thursday, August 27th will be given a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Thursday, August 27th. Xylem's dividend payout ratio is 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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