BOK Financial Private Wealth Inc. Makes New $1.16 Million Investment in Xylem Inc. $XYL

BOK Financial Private Wealth Inc. purchased a new stake in Xylem Inc. (NYSE:XYL - Free Report) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 9,846 shares of the industrial products company's stock, valued at approximately $1,164,000.

Other hedge funds also recently added to or reduced their stakes in the company. AQR Capital Management LLC raised its stake in shares of Xylem by 14.4% during the first quarter. AQR Capital Management LLC now owns 30,955 shares of the industrial products company's stock worth $3,645,000 after purchasing an additional 3,900 shares during the last quarter. NewEdge Advisors LLC grew its position in Xylem by 3.3% in the 1st quarter. NewEdge Advisors LLC now owns 4,151 shares of the industrial products company's stock valued at $496,000 after buying an additional 132 shares during the last quarter. Empowered Funds LLC grew its position in Xylem by 56.1% in the 1st quarter. Empowered Funds LLC now owns 8,678 shares of the industrial products company's stock valued at $1,037,000 after buying an additional 3,120 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its stake in Xylem by 97.6% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 11,151 shares of the industrial products company's stock valued at $1,442,000 after buying an additional 5,509 shares during the period. Finally, EverSource Wealth Advisors LLC increased its stake in Xylem by 114.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,192 shares of the industrial products company's stock valued at $154,000 after buying an additional 635 shares during the period. 87.96% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

XYL has been the subject of several recent analyst reports. Robert W. Baird raised their target price on shares of Xylem from $163.00 to $165.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 29th. Royal Bank Of Canada boosted their price target on shares of Xylem from $159.00 to $164.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 29th. Stifel Nicolaus raised their price objective on shares of Xylem from $157.00 to $160.00 and gave the company a "buy" rating in a research report on Wednesday, July 29th. Barclays lifted their price objective on Xylem from $154.00 to $159.00 and gave the company an "overweight" rating in a report on Wednesday, July 29th. Finally, Citigroup reiterated a "buy" rating on shares of Xylem in a research report on Wednesday, July 29th. Nine investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $154.23.

Xylem Stock Performance

Shares of XYL opened at $113.98 on Wednesday. The company has a 50-day simple moving average of $117.69 and a 200-day simple moving average of $120.18. The company has a quick ratio of 1.24, a current ratio of 1.61 and a debt-to-equity ratio of 0.23. The company has a market capitalization of $26.61 billion, a PE ratio of 27.14, a P/E/G ratio of 1.66 and a beta of 1.02. Xylem Inc. has a 52-week low of $105.29 and a 52-week high of $154.27.

Xylem (NYSE:XYL - Get Free Report) last released its quarterly earnings data on Tuesday, July 28th. The industrial products company reported $1.46 EPS for the quarter, topping analysts' consensus estimates 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 for the quarter, compared to the consensus estimate of $2.34 billion. During the same quarter in the previous year, the firm earned $1.26 earnings per share. The firm'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. Equities research analysts predict that Xylem Inc. will post 5.67 earnings per share for the current fiscal year.

Xylem Announces Dividend

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

Xylem 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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