Broderick Brian C Reduces Stake in Xylem Inc. $XYL

Key Points

• Broderick Brian C reduced its stake in Xylem Inc. by 5.2% in Q2, holding 70,314 shares valued at approximately $9.1 million, making it the firm's 21st largest holding.
• Institutional investors own 87.96% of Xylem's stock, with notable movements including Valley National Advisers increasing its stake by 84.9% and ST Germain D J Co. Inc. growing its position by 950% in the same quarter.
• Xylem reported earnings of $1.26 per share for Q2, surpassing estimates, and increased its 2025 guidance to between 4.700 to 4.850 EPS.

Broderick Brian C lessened its stake in shares of Xylem Inc. (NYSE:XYL - Free Report) by 5.2% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 70,314 shares of the industrial products company's stock after selling 3,852 shares during the quarter. Xylem comprises 1.8% of Broderick Brian C's portfolio, making the stock its 21st largest holding. Broderick Brian C's holdings in Xylem were worth $9,096,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Valley National Advisers Inc. increased its holdings in Xylem by 84.9% during the 1st quarter. Valley National Advisers Inc. now owns 220 shares of the industrial products company's stock worth $26,000 after acquiring an additional 101 shares during the period. Maseco LLP purchased a new position in shares of Xylem during the 2nd quarter valued at $31,000. ST Germain D J Co. Inc. grew its position in shares of Xylem by 950.0% during the 2nd quarter. ST Germain D J Co. Inc. now owns 252 shares of the industrial products company's stock valued at $33,000 after purchasing an additional 228 shares in the last quarter. Center for Financial Planning Inc. increased its holdings in shares of Xylem by 52.0% in the first quarter. Center for Financial Planning Inc. now owns 266 shares of the industrial products company's stock worth $32,000 after purchasing an additional 91 shares during the period. Finally, Signature Resources Capital Management LLC purchased a new stake in shares of Xylem in the second quarter worth $39,000. 87.96% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

XYL has been the subject of several recent analyst reports. Barclays initiated coverage on Xylem in a research report on Friday, September 19th. They set an "overweight" rating and a $165.00 target price for the company. Stifel Nicolaus boosted their price objective on Xylem from $162.00 to $175.00 and gave the stock a "buy" rating in a report on Friday, August 1st. Cowen reaffirmed a "hold" rating on shares of Xylem in a research note on Tuesday, August 26th. UBS Group boosted their price target on shares of Xylem from $164.00 to $168.00 and gave the stock a "buy" rating in a research note on Tuesday, August 5th. Finally, Citigroup restated a "buy" rating and set a $152.00 price objective (up previously from $137.00) on shares of Xylem in a research report on Monday, July 14th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, Xylem presently has an average rating of "Moderate Buy" and an average price target of $152.33.

Xylem Stock Performance

NYSE XYL opened at $148.12 on Wednesday. The company has a 50-day simple moving average of $142.63 and a two-hundred day simple moving average of $129.90. Xylem Inc. has a 12-month low of $100.47 and a 12-month high of $151.16. The firm has a market cap of $36.05 billion, a price-to-earnings ratio of 38.47, a PEG ratio of 2.59 and a beta of 1.13. 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 (NYSE:XYL - Get Free Report) last released its earnings results on Thursday, July 31st. The industrial products company reported $1.26 earnings per share for the quarter, beating analysts' consensus estimates of $1.15 by $0.11. The company had revenue of $2.30 billion during 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 revenue for the quarter was up 6.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.09 EPS. Xylem has set its FY 2025 guidance at 4.700-4.850 EPS. On average, equities analysts forecast that Xylem Inc. will post 4.65 EPS for the current year.

Xylem Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, September 25th. Stockholders of record on Thursday, August 28th were issued a $0.40 dividend. The ex-dividend date was Thursday, August 28th. This represents a $1.60 annualized dividend and a dividend yield of 1.1%. Xylem's dividend payout ratio (DPR) is currently 41.56%.

Insider Activity 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 shares were 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 transaction was disclosed in a filing with the SEC, which is available through this link. 0.27% of the stock is currently owned by insiders.

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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