AG2R LA Mondiale Gestion D Actifs Acquires Shares of 10,362 Xylem Inc. $XYL

Key Points

• AG2R LA Mondiale Gestion D Actifs acquired 10,362 shares of Xylem Inc. valued at approximately $1.3 million during the first quarter.
• Xylem reported quarterly earnings of $1.26 per share, exceeding analysts' estimates, and projected 2025 earnings per share guidance of $4.70 to $4.85.
• The company announced a quarterly dividend of $0.40 per share, set to be paid on September 25th, with a total annualized dividend of $1.60.

AG2R LA Mondiale Gestion D Actifs acquired a new stake in Xylem Inc. (NYSE:XYL - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 10,362 shares of the industrial products company's stock, valued at approximately $1,306,000.

Other hedge funds also recently bought and sold shares of the company. Dynamic Advisor Solutions LLC bought a new position in Xylem in the 1st quarter valued at $694,000. Farther Finance Advisors LLC grew its position in Xylem by 30.4% in the 1st quarter. Farther Finance Advisors LLC now owns 1,797 shares of the industrial products company's stock valued at $215,000 after acquiring an additional 419 shares during the last quarter. NBC Securities Inc. bought a new position in Xylem in the 1st quarter valued at $72,000. Cambridge Investment Research Advisors Inc. grew its position in Xylem by 19.4% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 27,215 shares of the industrial products company's stock valued at $3,251,000 after acquiring an additional 4,429 shares during the last quarter. Finally, GAMMA Investing LLC grew its position in Xylem by 29.1% in the 1st quarter. GAMMA Investing LLC now owns 4,241 shares of the industrial products company's stock valued at $507,000 after acquiring an additional 956 shares during the last quarter. Institutional investors own 87.96% of the company's stock.

Xylem Trading Down 0.2%

Shares of NYSE XYL opened at $141.55 on Friday. 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 stock has a market capitalization of $34.45 billion, a P/E ratio of 36.77, a price-to-earnings-growth ratio of 2.45 and a beta of 1.09. Xylem Inc. has a 1-year low of $100.47 and a 1-year high of $145.33. The business has a fifty day moving average price of $138.19 and a 200 day moving average price of $127.61.

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

Xylem Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 25th. Investors of record on Thursday, August 28th will be paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Thursday, August 28th. Xylem's dividend payout ratio is 41.56%.

Insider Buying and Selling at Xylem

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

Wall Street Analysts Forecast Growth

Several brokerages have commented on XYL. JPMorgan Chase & Co. initiated coverage on Xylem in a research report on Friday, May 30th. They issued an "overweight" rating and a $148.00 price objective on the stock. Stifel Nicolaus upped their target price on Xylem from $162.00 to $175.00 and gave the stock a "buy" rating in a report on Friday, August 1st. Citigroup reiterated a "buy" rating and issued a $152.00 target price (up from $137.00) on shares of Xylem in a report on Monday, July 14th. Wall Street Zen upgraded Xylem from a "hold" rating to a "buy" rating in a report on Saturday, August 9th. Finally, TD Cowen upped their target price on Xylem from $125.00 to $130.00 and gave the stock a "hold" rating in a report on Tuesday, August 26th. Six equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company's stock. According to data from MarketBeat, Xylem has a consensus rating of "Moderate Buy" and an average price target of $150.75.

Xylem Company 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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