Equitable Holdings Inc. Acquires Shares of 14,399 Xylem Inc. $XYL

Key Points

• Equitable Holdings acquired 14,399 Xylem shares worth approximately $1.7 million in the second quarter, joining several major institutions that recently built positions. Institutional investors and hedge funds now own 87.96% of Xylem’s stock.
• Xylem reported quarterly EPS of $1.46, beating analyst estimates of $1.34, while revenue reached $2.34 billion, up 1.5% year over year. The company guided for fiscal 2026 EPS of $5.55–$5.70.
• Shares opened at $111.44, below the analyst consensus price target of $155, while Xylem declared a quarterly dividend of $0.43 per share, representing a 1.5% annualized yield.

Equitable Holdings Inc. acquired a new stake in shares of Xylem Inc. (NYSE:XYL - Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 14,399 shares of the industrial products company's stock, valued at approximately $1,702,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. XXEC Inc. bought a new position in Xylem in the 2nd quarter valued at about $850,841,000. J. Stern & Co. LLP increased its holdings in Xylem by 12,326.6% during 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. purchased a new stake in shares of Xylem in the second quarter worth approximately $2,959,730,000. Bank of New York Mellon Corp purchased a new stake in shares of Xylem in the second quarter worth approximately $552,313,000. Finally, Hsbc Holdings PLC bought a new position in shares of Xylem in the second quarter valued at approximately $319,785,000. Institutional investors and hedge funds own 87.96% of the company's stock.

Xylem Stock Down 1.1%

XYL stock opened at $111.44 on Friday. The stock has a market cap of $26.02 billion, a P/E ratio of 26.53, a P/E/G ratio of 1.66 and a beta of 1.02. 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 stock's fifty day simple moving average is $118.20 and its two-hundred day simple moving average is $118.87. 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 earnings results on Tuesday, July 28th. The industrial products company reported $1.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.34 by $0.12. The firm had revenue of $2.34 billion during the quarter, compared to analyst estimates of $2.34 billion. Xylem had a return on equity of 11.77% and a net margin of 11.15%.The business's revenue was up 1.5% compared to the same quarter last year. During the same period last year, the firm posted $1.26 EPS. Xylem has set its FY 2026 guidance at 5.550-5.700 EPS. Analysts expect that Xylem Inc. will post 5.66 EPS for the current year.

Xylem Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 24th. Investors of record on Thursday, August 27th will be issued a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date is Thursday, August 27th. Xylem's dividend payout ratio (DPR) is 40.95%.

Analyst Ratings Changes

Several equities research analysts recently issued reports on XYL shares. Barclays upped their price target on Xylem from $154.00 to $159.00 and gave the stock an "overweight" rating in a report on Wednesday, July 29th. 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. Citigroup reaffirmed a "buy" rating on shares of Xylem in a report on Wednesday, July 29th. CLSA upgraded shares of Xylem to a "hold" rating in a research note on Thursday, June 25th. Finally, UBS Group raised their price target on shares of Xylem from $135.00 to $138.00 and gave the company a "neutral" rating in a research report on Thursday, August 13th. Nine research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $155.00.

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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