Formuepleje A S Sells 52,126 Shares of Xylem Inc. $XYL

Key Points

• Formuepleje A S cut its Xylem stake by 64.2% in the second quarter, selling 52,126 shares and retaining 29,058 shares valued at approximately $3.44 million. Institutional investors collectively own 87.96% of Xylem.
• Analysts remain broadly positive, with nine Buy ratings and six Holds producing a “Moderate Buy” consensus and an average price target of $155, well above the reported $105.91 share price.
• Xylem exceeded quarterly earnings expectations with $1.46 in EPS versus a $1.34 estimate, while revenue reached $2.34 billion. The company also declared a quarterly dividend of $0.43 per share, implying a 1.6% annualized yield.

Formuepleje A S lowered its holdings in shares of Xylem Inc. (NYSE:XYL - Free Report) by 64.2% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 29,058 shares of the industrial products company's stock after selling 52,126 shares during the quarter. Formuepleje A S's holdings in Xylem were worth $3,435,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Orion Porfolio Solutions LLC increased its holdings in Xylem by 1.0% during the third quarter. Orion Porfolio Solutions LLC now owns 7,802 shares of the industrial products company's stock valued at $1,151,000 after buying an additional 74 shares during the last quarter. Quest Investment Management LLC boosted its stake in shares of Xylem by 1.0% during the 3rd quarter. Quest Investment Management LLC now owns 7,588 shares of the industrial products company's stock worth $1,119,000 after acquiring an additional 77 shares during the last quarter. Notis McConarty Edward boosted its stake in shares of Xylem by 0.3% during the 4th quarter. Notis McConarty Edward now owns 31,678 shares of the industrial products company's stock worth $4,314,000 after acquiring an additional 86 shares during the last quarter. Moneco Advisors LLC grew its position in shares of Xylem by 4.6% during the 4th quarter. Moneco Advisors LLC now owns 2,049 shares of the industrial products company's stock valued at $279,000 after acquiring an additional 90 shares during the period. Finally, Compound Planning Inc. increased its stake in shares of Xylem by 4.2% in the 4th quarter. Compound Planning Inc. now owns 2,258 shares of the industrial products company's stock worth $308,000 after purchasing an additional 91 shares in the last quarter. Institutional investors own 87.96% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the company. Mizuho raised their target price on Xylem from $124.00 to $130.00 and gave the stock a "neutral" rating in a report on Wednesday, July 29th. Robert W. Baird upped their price target on Xylem from $163.00 to $165.00 and gave the stock an "outperform" rating in a research report on Wednesday, July 29th. Jefferies Financial Group raised their price objective on Xylem from $145.00 to $150.00 and gave the stock a "buy" rating in a research note on Monday, August 24th. Royal Bank Of Canada lifted their price objective on Xylem from $159.00 to $164.00 and gave the company an "outperform" rating in a research report on Wednesday, July 29th. Finally, CLSA upgraded Xylem to a "hold" rating in a research note on Thursday, June 25th. Nine analysts have rated the stock with a Buy rating and six have given a Hold rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $155.00.

Xylem Stock Up 0.2%

Shares of XYL stock opened at $105.91 on Monday. The stock has a market cap of $24.73 billion, a P/E ratio of 25.22, a PEG ratio of 1.70 and a beta of 1.00. Xylem Inc. has a 52 week low of $105.29 and a 52 week high of $154.27. The company has a quick ratio of 1.24, a current ratio of 1.61 and a debt-to-equity ratio of 0.23. The company's fifty day simple moving average is $117.60 and its two-hundred day simple moving average is $118.01.

Xylem (NYSE:XYL - Get Free Report) last released its quarterly earnings data on Tuesday, July 28th. The industrial products company reported $1.46 EPS for the quarter, beating the consensus estimate of $1.34 by $0.12. The business had revenue of $2.34 billion during the quarter, compared to analyst estimates of $2.34 billion. Xylem had a net margin of 11.15% and a return on equity of 11.77%. Xylem's quarterly revenue was up 1.5% compared to the same quarter last year. During the same quarter last year, the business earned $1.26 earnings per share. Xylem has set its FY 2026 guidance at 5.550-5.700 EPS. Analysts predict that Xylem Inc. will post 5.66 EPS for the current fiscal year.

Xylem Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 24th. Stockholders of record on Thursday, August 27th will be issued a $0.43 dividend. This represents a $1.72 annualized dividend and a dividend yield of 1.6%. The ex-dividend date is Thursday, August 27th. Xylem's dividend payout ratio is presently 40.95%.

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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