California State Teachers Retirement System Decreases Holdings in Xylem Inc. $XYL

California State Teachers Retirement System lessened its stake in shares of Xylem Inc. (NYSE:XYL - Free Report) by 5.3% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 375,279 shares of the industrial products company's stock after selling 21,026 shares during the quarter. California State Teachers Retirement System owned about 0.16% of Xylem worth $44,361,731 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Commonwealth Retirement Investments LLC purchased a new stake in shares of Xylem during the fourth quarter valued at $27,000. Dunhill Financial LLC bought a new position in Xylem in the second quarter valued at $30,000. Avalon Trust Co acquired a new position in shares of Xylem in the second quarter valued at approximately $35,000. Orion Capital Management LLC bought a new stake in shares of Xylem during the 2nd quarter valued at approximately $35,000. Finally, Aventus Investment Advisors Inc. grew its holdings in Xylem by 66.7% during the 2nd quarter. Aventus Investment Advisors Inc. now owns 300 shares of the industrial products company's stock worth $35,000 after acquiring an additional 120 shares during the period. 87.96% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have issued reports on XYL shares. CLSA raised Xylem to a "hold" rating in a research note on Thursday, June 25th. Weiss Ratings restated a "hold (c)" rating on shares of Xylem in a research report on Wednesday, August 5th. Royal Bank Of Canada raised their price objective on shares of Xylem from $159.00 to $164.00 and gave the company an "outperform" rating in a report on Wednesday, July 29th. Citigroup reissued a "buy" rating on shares of Xylem in a report on Wednesday, July 29th. Finally, Jefferies Financial Group raised their price target on shares of Xylem from $145.00 to $150.00 and gave the stock a "buy" rating in a research report on Monday, August 24th. Nine analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $155.00.

Xylem Price Performance

NYSE XYL traded up $0.31 during trading hours on Tuesday, hitting $107.80. The company had a trading volume of 1,017,945 shares, compared to its average volume of 2,019,883. The firm has a 50 day simple moving average of $116.29 and a 200 day simple moving average of $117.11. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.24 and a current ratio of 1.61. Xylem Inc. has a 52 week low of $105.29 and a 52 week high of $154.27. The firm has a market capitalization of $25.17 billion, a price-to-earnings ratio of 25.67, a PEG ratio of 1.72 and a beta of 1.00.

Xylem (NYSE:XYL - Get Free Report) last posted its earnings results on Tuesday, July 28th. The industrial products company reported $1.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.34 by $0.12. Xylem had a net margin of 11.15% and a return on equity of 11.77%. The business had revenue of $2.34 billion for the quarter, compared to analysts' expectations of $2.34 billion. During the same quarter in the prior year, the business earned $1.26 EPS. The business's revenue for the quarter was up 1.5% compared to the same quarter last year. Xylem has set its FY 2026 guidance at 5.550-5.700 EPS. Equities research analysts expect that Xylem Inc. will post 5.66 earnings per share for the current year.

Xylem Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Thursday, August 27th will be given a dividend of $0.43 per share. The ex-dividend date is Thursday, August 27th. This represents a $1.72 annualized dividend and a yield of 1.6%. Xylem's payout ratio is presently 40.95%.

Xylem Company Profile

Xylem Inc NYSE: XYL is a global water technology company that develops products, services and solutions for the transportation, treatment, testing and efficient use of water and wastewater. Its customers include municipalities, utilities, industrial businesses, commercial facilities and residential users.

The company's offerings include water and wastewater pumps, controls, treatment systems, filtration and disinfection equipment, smart metering and network technologies, monitoring tools, data analytics and related maintenance services.

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