Capital Fund Management S.A. Invests $4.45 Million in Xylem Inc. $XYL

Key Points

• Capital Fund Management S.A. has purchased 37,207 shares of Xylem Inc., valued at approximately $4.45 million, marking its entry into the company during the first quarter.
• Xylem recently reported a quarterly earnings per share of $1.26, exceeding expectations, with a revenue of $2.30 billion, up 6.1% year-over-year.
• The company declared a quarterly dividend of $0.40 per share, payable on September 25th, representing an annual yield of 1.1%.

Capital Fund Management S.A. purchased a new position in Xylem Inc. (NYSE:XYL - Free Report) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 37,207 shares of the industrial products company's stock, valued at approximately $4,445,000.

Other large investors have also recently made changes to their positions in the company. Valley National Advisers Inc. grew its stake in shares of Xylem by 84.9% in the first 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. Perkins Coie Trust Co bought a new stake in shares of Xylem in the first quarter worth approximately $27,000. Center for Financial Planning Inc. grew its stake 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 acquiring an additional 91 shares during the period. Headlands Technologies LLC grew its stake in shares of Xylem by 90.6% in the first quarter. Headlands Technologies LLC now owns 305 shares of the industrial products company's stock worth $36,000 after acquiring an additional 145 shares during the period. Finally, Heck Capital Advisors LLC bought a new stake in shares of Xylem in the fourth quarter worth approximately $36,000. 87.96% of the stock is currently owned by institutional investors.

Xylem Price Performance

Shares of NYSE:XYL opened at $143.6210 on Friday. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.90 and a quick ratio of 1.43. Xylem Inc. has a 1-year low of $100.47 and a 1-year high of $145.33. The company has a market capitalization of $34.96 billion, a P/E ratio of 37.30, a P/E/G ratio of 2.49 and a beta of 1.11. The firm's 50 day simple moving average is $134.27 and its two-hundred day simple moving average is $126.43.

Xylem (NYSE:XYL - Get Free Report) last issued 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. Xylem had a net margin of 10.74% and a return on equity of 10.33%. The business had revenue of $2.30 billion for the quarter, compared to the consensus estimate of $2.20 billion. During the same quarter in the previous year, the firm earned $1.09 earnings per share. The company's revenue for the quarter was up 6.1% on a year-over-year basis. Xylem has set its FY 2025 guidance at 4.700-4.850 EPS. Research analysts expect that Xylem Inc. will post 4.65 EPS for the current fiscal year.

Xylem Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 25th. Shareholders of record on Thursday, August 28th will be issued a dividend of $0.40 per share. The ex-dividend date of this dividend is Thursday, August 28th. This represents a $1.60 annualized dividend and a yield of 1.1%. Xylem's payout ratio is currently 41.56%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on XYL. Wall Street Zen upgraded shares of Xylem from a "hold" rating to a "buy" rating in a research note on Saturday, August 9th. Royal Bank Of Canada raised their price objective on shares of Xylem from $143.00 to $147.00 and gave the stock an "outperform" rating in a report on Wednesday, April 30th. Citigroup reissued a "buy" rating and issued a $152.00 price objective (up previously from $137.00) on shares of Xylem in a report on Monday, July 14th. Raymond James Financial raised shares of Xylem to a "hold" rating in a report on Thursday, May 15th. Finally, JPMorgan Chase & Co. initiated coverage on shares of Xylem in a report on Friday, May 30th. They issued an "overweight" rating and a $148.00 price objective on the stock. Six investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $151.57.

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.

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