B. Metzler seel. Sohn & Co. AG Sells 313,708 Shares of Xylem Inc. $XYL

Key Points

• B. Metzler seel. Sohn & Co. AG reduced its holdings in Xylem Inc. by 80.6%, selling 313,708 shares during the first quarter, resulting in ownership of 75,582 shares valued at approximately $9 million.
• Numerous analysts have issued updates on Xylem, with Citigroup raising its price target from $137 to $152 and stating a "buy" rating, while UBS also increased its target from $164 to $168.
• Xylem recently reported earnings per share of $1.26 for the last quarter, surpassing expectations, and announced a quarterly dividend of $0.40 per share, giving it a 1.1% yield.

B. Metzler seel. Sohn & Co. AG lessened its position in Xylem Inc. (NYSE:XYL - Free Report) by 80.6% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 75,582 shares of the industrial products company's stock after selling 313,708 shares during the period. B. Metzler seel. Sohn & Co. AG's holdings in Xylem were worth $9,029,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Center for Financial Planning Inc. grew its position in Xylem by 52.0% in the 1st quarter. Center for Financial Planning Inc. now owns 266 shares of the industrial products company's stock valued at $32,000 after buying an additional 91 shares in the last quarter. Keel Point LLC grew its position in Xylem by 4.1% in the 4th quarter. Keel Point LLC now owns 2,371 shares of the industrial products company's stock valued at $275,000 after buying an additional 93 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. grew its position in Xylem by 3.0% in the 1st quarter. Harel Insurance Investments & Financial Services Ltd. now owns 3,450 shares of the industrial products company's stock valued at $412,000 after buying an additional 99 shares in the last quarter. Valley National Advisers Inc. grew its position in Xylem by 84.9% in the 1st quarter. Valley National Advisers Inc. now owns 220 shares of the industrial products company's stock valued at $26,000 after buying an additional 101 shares in the last quarter. Finally, Ascent Wealth Partners LLC grew its position in Xylem by 0.7% in the 1st quarter. Ascent Wealth Partners LLC now owns 14,229 shares of the industrial products company's stock valued at $1,700,000 after buying an additional 101 shares in the last quarter. Institutional investors own 87.96% of the company's stock.

Xylem Stock Down 1.7%

Shares of XYL traded down $2.44 during mid-day trading on Friday, reaching $141.57. The company's stock had a trading volume of 1,114,446 shares, compared to its average volume of 1,108,640. The company has a market cap of $34.46 billion, a price-to-earnings ratio of 36.77, a price-to-earnings-growth ratio of 2.45 and a beta of 1.11. The business has a fifty day moving average of $136.05 and a 200 day moving average of $126.85. The company has a quick ratio of 1.43, a current ratio of 1.90 and a debt-to-equity ratio of 0.17. Xylem Inc. has a 1 year low of $100.47 and a 1 year high of $145.33.

Xylem (NYSE:XYL - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The industrial products company reported $1.26 earnings per share for the quarter, beating the consensus estimate of $1.15 by $0.11. The firm had revenue of $2.30 billion for the quarter, compared to analyst estimates of $2.20 billion. Xylem had a return on equity of 10.33% and a net margin of 10.74%.Xylem's quarterly revenue was up 6.1% on a year-over-year basis. During the same period in the previous year, the firm earned $1.09 earnings per share. Xylem has set its FY 2025 guidance at 4.700-4.850 EPS. As a group, analysts forecast 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 will be paid on Thursday, September 25th. Stockholders of record on Thursday, August 28th will be given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend is Thursday, August 28th. Xylem's dividend payout ratio is 41.56%.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on XYL. TD Cowen increased their target price on shares of Xylem from $125.00 to $130.00 and gave the company a "hold" rating in a research report on Tuesday. Stifel Nicolaus raised their price objective on shares of Xylem from $162.00 to $175.00 and gave the company a "buy" rating in a research report on Friday, August 1st. Wall Street Zen upgraded shares of Xylem from a "hold" rating to a "buy" rating in a research report on Saturday, August 9th. JPMorgan Chase & Co. initiated coverage on shares of Xylem in a research report on Friday, May 30th. They set an "overweight" rating and a $148.00 price objective for the company. Finally, Raymond James Financial upgraded shares of Xylem to a "hold" rating in a research report on Thursday, May 15th. Six analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $152.29.

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.