Figure 8 Investment Strategies LLC Buys New Position in Xylem Inc. $XYL

Key Points

• Figure 8 Investment Strategies purchased 17,967 Xylem shares valued at approximately $2.1 million, making the stock 1.8% of its portfolio. Institutional investors collectively own 87.96% of Xylem.
• Analysts maintain a generally positive outlook, with nine Buy ratings and six Holds, producing a “Moderate Buy” consensus and an average price target of $154.23.
• Xylem recently beat quarterly earnings expectations, reporting $1.46 in EPS versus $1.34 forecast, while revenue rose 1.5% year over year to $2.34 billion. The company also declared a quarterly dividend of $0.43 per share, representing a 1.5% annualized yield.

Figure 8 Investment Strategies LLC purchased a new position in shares of Xylem Inc. (NYSE:XYL - Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 17,967 shares of the industrial products company's stock, valued at approximately $2,124,000. Xylem comprises approximately 1.8% of Figure 8 Investment Strategies LLC's investment portfolio, making the stock its 20th largest holding.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Callahan Advisors LLC acquired a new stake in Xylem in the 4th quarter worth about $1,721,000. Northwestern Mutual Wealth Management Co. increased its stake in shares of Xylem by 2,309.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 431,824 shares of the industrial products company's stock valued at $54,314,000 after acquiring an additional 413,904 shares during the last quarter. Abacus Wealth Partners LLC purchased a new position in shares of Xylem during the 4th quarter worth about $1,663,000. Norges Bank purchased a new position in shares of Xylem during the 4th quarter worth about $361,012,000. Finally, MUFG Securities EMEA plc boosted its position in shares of Xylem by 608.1% in the fourth quarter. MUFG Securities EMEA plc now owns 32,990 shares of the industrial products company's stock worth $4,493,000 after acquiring an additional 28,331 shares during the last quarter. 87.96% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the stock. Barclays boosted their target price on shares of Xylem from $154.00 to $159.00 and gave the company an "overweight" rating in a report on Wednesday, July 29th. Robert W. Baird lifted their price target on shares of Xylem from $163.00 to $165.00 and gave the company an "outperform" rating in a report on Wednesday, July 29th. Mizuho boosted their price objective 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. Citigroup restated a "buy" rating on shares of Xylem in a report on Wednesday, July 29th. Finally, CLSA raised Xylem to a "hold" rating in a research report on Thursday, June 25th. Nine research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, Xylem has an average rating of "Moderate Buy" and a consensus price target of $154.23.

Xylem Trading Down 3.0%

NYSE:XYL opened at $113.98 on Wednesday. The business's 50-day moving average is $117.69 and its two-hundred day moving average is $120.18. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.61 and a quick ratio of 1.24. Xylem Inc. has a 12 month low of $105.29 and a 12 month high of $154.27. The firm has a market capitalization of $26.61 billion, a PE ratio of 27.14, a price-to-earnings-growth ratio of 1.66 and a beta of 1.02.

Xylem (NYSE:XYL - Get Free Report) last issued its earnings results 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 company had revenue of $2.34 billion during the quarter, compared to the consensus estimate of $2.34 billion. During the same quarter in the prior year, the business earned $1.26 earnings per share. The company'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. Research analysts predict that Xylem Inc. will post 5.67 earnings per share for the current fiscal year.

Xylem Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders 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 yield of 1.5%. The ex-dividend date is Thursday, August 27th. Xylem's dividend payout ratio is currently 40.95%.

Xylem Company 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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