Corient Private Wealth LP Makes New $4.11 Million Investment in Xylem Inc. $XYL

Key Points

• Corient Private Wealth acquired 62,526 Xylem shares worth approximately $4.11 million in the second quarter. Institutional investors collectively own 87.96% of the company.
• Analyst sentiment remains favorable, with nine Buy ratings and six Holds producing a “Moderate Buy” consensus and an average price target of $155, above the reported share price of $110.39.
• Xylem exceeded quarterly earnings expectations with $1.46 EPS versus the $1.34 consensus, while revenue reached $2.34 billion. The company also declared a quarterly dividend of $0.43 per share, representing a 1.6% annualized yield.

Corient Private Wealth LP acquired a new position in shares of Xylem Inc. (NYSE:XYL - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 62,526 shares of the industrial products company's stock, valued at approximately $4,109,000.

Several other hedge funds also recently modified their holdings of XYL. Wexford Capital LP bought a new position in Xylem during the third quarter worth $27,000. Commonwealth Retirement Investments LLC bought a new stake in Xylem in the fourth quarter valued at $27,000. Dunhill Financial LLC bought a new stake in Xylem in the second quarter valued at $30,000. Avalon Trust Co acquired a new position in shares of Xylem during the second quarter valued at about $35,000. Finally, Entrust Financial LLC acquired a new position in shares of Xylem during the fourth quarter valued at about $45,000. Institutional investors own 87.96% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages have recently commented on XYL. Jefferies Financial Group raised their target price on Xylem from $145.00 to $150.00 and gave the company a "buy" rating in a research note on Monday, August 24th. Royal Bank Of Canada upped their price target on Xylem from $159.00 to $164.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 29th. Weiss Ratings reiterated a "hold (c)" rating on shares of Xylem in a report on Wednesday, August 5th. Stifel Nicolaus raised their price objective on Xylem from $157.00 to $160.00 and gave the company a "buy" rating in a research note on Wednesday, July 29th. Finally, Mizuho boosted their price objective on Xylem from $124.00 to $130.00 and gave the company a "neutral" rating in a report on Wednesday, July 29th. Nine research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company's stock. According to MarketBeat, Xylem has a consensus rating of "Moderate Buy" and a consensus target price of $155.00.

Xylem Stock Down 0.8%

Shares of NYSE XYL opened at $110.39 on Tuesday. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.61 and a quick ratio of 1.24. The company has a 50-day moving average price of $118.18 and a 200-day moving average price of $118.58. The stock has a market capitalization of $25.77 billion, a P/E ratio of 26.28, a P/E/G ratio of 1.64 and a beta of 1.02. Xylem Inc. has a 1 year low of $105.29 and a 1 year high of $154.27.

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

Xylem Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Stockholders of record on Thursday, August 27th will be issued a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date is Thursday, August 27th. Xylem's dividend payout ratio (DPR) is currently 40.95%.

About Xylem

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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