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Danske Bank A S Acquires 79,959 Shares of Xylem Inc. $XYL

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Key Points

  • Danske Bank A/S increased its stake in Xylem by 34.3% in Q4, buying 79,959 shares to hold 312,845 shares (about 0.13% of the company) valued at roughly $42.6 million.
  • Xylem beat quarterly estimates, reporting $1.12 EPS (vs. $1.09 expected) and $2.13 billion in revenue (vs. $2.11 billion), and set FY2026 guidance of 5.35–5.60 EPS with analysts projecting about 5.51 EPS.
  • Management is returning capital: the board approved a $1.5 billion buyback (up to ~4.8% of shares) and raised the quarterly dividend to $0.43 (annualized $1.72, ~1.5% yield).
  • MarketBeat previews the top five stocks to own by June 1st.

Danske Bank A S raised its holdings in shares of Xylem Inc. (NYSE:XYL - Free Report) by 34.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 312,845 shares of the industrial products company's stock after acquiring an additional 79,959 shares during the period. Danske Bank A S owned approximately 0.13% of Xylem worth $42,603,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the stock. SJS Investment Consulting Inc. boosted its position in shares of Xylem by 1,844.4% in the 3rd quarter. SJS Investment Consulting Inc. now owns 175 shares of the industrial products company's stock worth $26,000 after purchasing an additional 166 shares during the last quarter. Knuff & Co LLC bought a new stake in Xylem in the third quarter valued at about $27,000. Board of the Pension Protection Fund acquired a new position in Xylem in the fourth quarter valued at about $27,000. Wexford Capital LP acquired a new position in Xylem in the third quarter valued at about $27,000. Finally, First Horizon Corp bought a new position in Xylem during the third quarter worth about $30,000. Institutional investors and hedge funds own 87.96% of the company's stock.

Xylem Stock Down 2.4%

Shares of Xylem stock opened at $115.32 on Friday. The company has a market capitalization of $27.41 billion, a P/E ratio of 28.69, a price-to-earnings-growth ratio of 1.68 and a beta of 1.08. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.46 and a quick ratio of 1.28. The business has a 50-day moving average of $123.29 and a two-hundred day moving average of $134.86. Xylem Inc. has a 1 year low of $114.15 and a 1 year high of $154.27.

Xylem (NYSE:XYL - Get Free Report) last released its quarterly earnings data on Tuesday, April 28th. The industrial products company reported $1.12 earnings per share for the quarter, beating the consensus estimate of $1.09 by $0.03. Xylem had a return on equity of 11.26% and a net margin of 10.79%.The business had revenue of $2.13 billion for the quarter, compared to analysts' expectations of $2.11 billion. During the same quarter in the previous year, the business posted $1.03 EPS. Xylem's revenue for the quarter was up 2.7% on a year-over-year basis. Xylem has set its FY 2026 guidance at 5.350-5.600 EPS. As a group, equities analysts predict that Xylem Inc. will post 5.51 EPS for the current year.

Xylem announced that its Board of Directors has initiated a stock buyback program on Wednesday, February 25th that authorizes the company to buyback $1.50 billion in shares. This buyback authorization authorizes the industrial products company to buy up to 4.8% of its shares through open market purchases. Shares buyback programs are usually a sign that the company's leadership believes its shares are undervalued.

Xylem Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 24th. Shareholders of record on Tuesday, February 24th were paid a $0.43 dividend. The ex-dividend date of this dividend was Tuesday, February 24th. This is an increase from Xylem's previous quarterly dividend of $0.40. This represents a $1.72 dividend on an annualized basis and a yield of 1.5%. Xylem's payout ratio is presently 42.79%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on XYL shares. William Blair initiated coverage on Xylem in a research report on Monday, January 26th. They set an "outperform" rating for the company. Robert W. Baird set a $161.00 price objective on shares of Xylem in a research note on Wednesday, February 11th. Mizuho set a $138.00 price objective on shares of Xylem in a report on Wednesday, February 11th. JPMorgan Chase & Co. lowered their target price on shares of Xylem from $170.00 to $160.00 and set an "overweight" rating for the company in a research note on Thursday, April 16th. Finally, TD Cowen reiterated a "hold" rating on shares of Xylem in a report on Monday, February 23rd. Seven research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $152.77.

View Our Latest Analysis on XYL

Xylem Company Profile

(Free Report)

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.

Read More

Institutional Ownership by Quarter for Xylem (NYSE:XYL)

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