Envestnet Asset Management Inc. Decreases Stake in Xylem Inc. $XYL

Key Points

• Envestnet Asset Management reduced its Xylem stake by 1.6% in the second quarter, selling 13,144 shares and retaining 788,919 shares valued at approximately $93.3 million. Institutional investors collectively own 87.96% of Xylem.
• Xylem reported quarterly EPS of $1.46, beating estimates of $1.34, while revenue reached $2.34 billion, up 1.5% year over year. The company issued fiscal 2026 EPS guidance of $5.55–$5.70.
• The company maintains a quarterly dividend of $0.43 per share, equivalent to a 1.7% yield. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $155, well above the reported share price of $102.63.

Envestnet Asset Management Inc. trimmed its stake in shares of Xylem Inc. (NYSE:XYL - Free Report) by 1.6% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 788,919 shares of the industrial products company's stock after selling 13,144 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.34% of Xylem worth $93,257,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in XYL. XXEC Inc. bought a new position in shares of Xylem in the 2nd quarter valued at $850,841,000. J. Stern & Co. LLP increased its holdings 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. BlackRock Inc. bought a new position in Xylem in the second quarter valued at about $2,959,730,000. Bank of New York Mellon Corp acquired a new stake in shares of Xylem during the second quarter valued at about $552,313,000. Finally, Hsbc Holdings PLC acquired a new stake in shares of Xylem during the second quarter valued at about $319,785,000. Institutional investors own 87.96% of the company's stock.

Xylem Stock Performance

Shares of XYL opened at $102.63 on Friday. 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 firm's fifty day simple moving average is $113.64 and its two-hundred day simple moving average is $115.83. Xylem Inc. has a 12 month low of $102.25 and a 12 month high of $154.27. The stock has a market capitalization of $23.96 billion, a P/E ratio of 24.44, a price-to-earnings-growth ratio of 1.65 and a beta of 1.00.

Xylem (NYSE:XYL - Get Free Report) last posted its quarterly earnings data on Tuesday, July 28th. The industrial products company reported $1.46 earnings per share for the quarter, topping 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 firm had revenue of $2.34 billion during the quarter, compared to analyst estimates of $2.34 billion. During the same period last year, the company posted $1.26 EPS. The business's quarterly revenue was up 1.5% on a year-over-year basis. Xylem has set its FY 2026 guidance at 5.550-5.700 EPS. As a group, analysts predict that Xylem Inc. will post 5.66 EPS for the current year.

Xylem Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 24th. Shareholders of record on Thursday, August 27th were issued a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date was Thursday, August 27th. Xylem's dividend payout ratio is presently 40.95%.

Analysts Set New Price Targets

Several analysts have recently weighed in on XYL shares. Royal Bank Of Canada boosted their price target on Xylem from $159.00 to $164.00 and gave the stock an "outperform" rating in a report on Wednesday, July 29th. Barclays lifted their target price on shares of Xylem from $154.00 to $159.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 29th. CLSA raised shares of Xylem to a "hold" rating in a report on Thursday, June 25th. Weiss Ratings restated a "hold (c)" rating on shares of Xylem in a research report on Wednesday, August 5th. Finally, Mizuho raised their price target on shares of Xylem from $124.00 to $130.00 and gave the company a "neutral" rating in a research note on Wednesday, July 29th. Nine equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $155.00.

Xylem 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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