Blair William & Co. IL Purchases 7,269 Shares of Xylem Inc. $XYL

Key Points

• Blair William & Co. IL has increased its position in Xylem Inc. by 17.6%, now owning a total of 48,600 shares valued at approximately $6.29 million.
• Xylem's quarterly earnings beat analysts' expectations, reporting $1.26 EPS against a consensus estimate of $1.15, along with a year-over-year revenue growth of 6.1%.
• The company has declared a quarterly dividend of $0.40 per share, which equates to an annualized yield of 1.1%.

Blair William & Co. IL increased its position in shares of Xylem Inc. (NYSE:XYL - Free Report) by 17.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 48,600 shares of the industrial products company's stock after purchasing an additional 7,269 shares during the quarter. Blair William & Co. IL's holdings in Xylem were worth $6,287,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Price T Rowe Associates Inc. MD lifted its holdings in shares of 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 acquiring an additional 3,239,203 shares during the last quarter. Nuveen LLC bought a new position in shares of Xylem in the first quarter worth about $99,726,000. OVERSEA CHINESE BANKING Corp Ltd lifted its holdings in shares of 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 acquiring an additional 813,100 shares during the last quarter. Vaughan Nelson Investment Management L.P. bought a new position in shares of Xylem in the first quarter worth about $89,828,000. Finally, Swedbank AB lifted its holdings in shares of 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 acquiring an additional 531,890 shares during the last quarter. Institutional investors own 87.96% of the company's stock.

Xylem Stock Performance

NYSE XYL opened at $144.30 on Monday. The company has a market cap of $35.12 billion, a P/E ratio of 37.48, a PEG ratio of 2.49 and a beta of 1.13. The company has a fifty day simple moving average of $143.08 and a 200 day simple moving average of $130.45. The company has a current ratio of 1.90, a quick ratio of 1.43 and a debt-to-equity ratio of 0.17. Xylem Inc. has a 12-month low of $100.47 and a 12-month high of $151.16.

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

Xylem Dividend Announcement

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

Insider Buying and Selling

In other Xylem news, CAO Geri-Michelle Mcshane sold 1,000 shares of the firm'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 transaction, the chief accounting officer directly owned 2,957 shares in the company, valued at approximately $413,861.72. This trade represents a 25.27% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.27% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on XYL. Weiss Ratings reissued a "buy (b)" rating on shares of Xylem in a report on Wednesday, October 8th. Mizuho increased their target price on shares of Xylem from $125.00 to $140.00 and gave the stock a "neutral" rating in a report on Friday, September 12th. UBS Group raised their price objective on shares of Xylem from $164.00 to $168.00 and gave the company a "buy" rating in a report on Tuesday, August 5th. Barclays initiated coverage on shares of Xylem in a report on Friday, September 19th. They issued an "overweight" rating and a $165.00 price objective for the company. Finally, 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 report on Friday, August 1st. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $154.67.

About Xylem

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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