Deutsche Bank AG Acquires Shares of 1,887,867 Xylem Inc. $XYL

Deutsche Bank AG bought a new position in Xylem Inc. (NYSE:XYL - Free Report) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 1,887,867 shares of the industrial products company's stock, valued at approximately $223,165,000. Deutsche Bank AG owned approximately 0.81% of Xylem at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. J. Stern & Co. LLP grew its position in Xylem by 12,326.6% in the 4th quarter. J. Stern & Co. LLP now owns 45,448,168 shares of the industrial products company's stock worth $6,189,132,000 after purchasing an additional 45,082,435 shares in the last quarter. Bank of New York Mellon Corp bought a new position in shares of Xylem during the 2nd quarter worth approximately $552,313,000. Norges Bank purchased a new position in shares of Xylem in the 4th quarter worth approximately $361,012,000. ABN AMRO Bank N.V. purchased a new position in shares of Xylem in the 2nd quarter worth approximately $105,523,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in shares of Xylem in the second quarter valued at approximately $69,740,000. Hedge funds and other institutional investors own 87.96% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts recently commented on XYL shares. Oppenheimer decreased their price target on Xylem from $160.00 to $158.00 and set an "outperform" rating for the company in a research report on Wednesday, April 29th. UBS Group upped their price objective on Xylem from $135.00 to $138.00 and gave the company a "neutral" rating in a research note on Thursday, August 13th. Stifel Nicolaus raised their target price on Xylem from $157.00 to $160.00 and gave the company a "buy" rating in a research report on Wednesday, July 29th. Citigroup reiterated a "buy" rating on shares of Xylem in a research note on Wednesday, July 29th. Finally, Jefferies Financial Group raised shares of Xylem from a "hold" rating to a "buy" rating and boosted their price target for the stock from $130.00 to $140.00 in a report on Thursday, June 25th. Nine investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $154.23.

Xylem Price Performance

Xylem stock opened at $113.98 on Wednesday. Xylem Inc. has a 12 month low of $105.29 and a 12 month high of $154.27. The company has a current ratio of 1.61, a quick ratio of 1.24 and a debt-to-equity ratio of 0.23. The business's 50 day simple moving average is $117.69 and its 200 day simple moving average is $120.18. The company has a market cap of $26.61 billion, a price-to-earnings ratio of 27.14, a PEG ratio of 1.66 and a beta of 1.02.

Xylem (NYSE:XYL - Get Free Report) last announced its quarterly earnings data 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. Xylem had a return on equity of 11.77% and a net margin of 11.15%.The business had revenue of $2.34 billion during the quarter, compared to analyst estimates of $2.34 billion. During the same period in the prior year, the company earned $1.26 earnings per share. Xylem's revenue was up 1.5% compared to the same quarter last year. Xylem has set its FY 2026 guidance at 5.550-5.700 EPS. Sell-side analysts forecast that Xylem Inc. will post 5.67 EPS for the current year.

Xylem Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 24th. Stockholders of record on Thursday, August 27th will be paid a dividend of $0.43 per share. The ex-dividend date is Thursday, August 27th. This represents a $1.72 annualized dividend and a dividend yield of 1.5%. Xylem's dividend payout ratio is presently 40.95%.

Xylem Profile

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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