GC Wealth Management RIA LLC Buys Shares of 1,769 Xylem Inc. $XYL

Key Points

• GC Wealth Management RIA LLC acquired 1,769 shares of Xylem Inc., valued at approximately $229,000, during the 2nd quarter, contributing to a significant institutional ownership of 87.96% in the company.
• Analysts have issued a consensus rating of "Moderate Buy" for Xylem, with a wide range of price targets, including Stifel Nicolaus raising its target to $175.00 and UBS Group to $168.00.
• Xylem recently declared a quarterly dividend of $0.40 per share, translating to an annual yield of 1.1% and a payout ratio of 41.56%.

GC Wealth Management RIA LLC bought a new stake in shares of Xylem Inc. (NYSE:XYL - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 1,769 shares of the industrial products company's stock, valued at approximately $229,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Valley National Advisers Inc. lifted its stake in shares of Xylem by 84.9% in the 1st quarter. Valley National Advisers Inc. now owns 220 shares of the industrial products company's stock worth $26,000 after purchasing an additional 101 shares during the period. Perkins Coie Trust Co bought a new position in shares of Xylem in the 1st quarter worth approximately $27,000. Maseco LLP bought a new position in shares of Xylem in the 2nd quarter worth approximately $31,000. Center for Financial Planning Inc. lifted its stake in shares of Xylem by 52.0% in the 1st quarter. Center for Financial Planning Inc. now owns 266 shares of the industrial products company's stock worth $32,000 after purchasing an additional 91 shares during the period. Finally, ST Germain D J Co. Inc. increased its holdings in Xylem by 950.0% in the 2nd quarter. ST Germain D J Co. Inc. now owns 252 shares of the industrial products company's stock worth $33,000 after acquiring an additional 228 shares in the last quarter. Institutional investors own 87.96% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on XYL shares. Cowen reissued a "hold" rating on shares of Xylem in a report on Tuesday, August 26th. Stifel Nicolaus increased their price objective on shares of Xylem from $162.00 to $175.00 and gave the company a "buy" rating in a report on Friday, August 1st. Zacks Research raised shares of Xylem from a "hold" rating to a "strong-buy" rating in a report on Monday, September 22nd. Barclays assumed coverage on shares of Xylem in a report on Friday, September 19th. They set an "overweight" rating and a $165.00 price objective for the company. Finally, UBS Group increased their price objective on shares of Xylem from $164.00 to $168.00 and gave the company a "buy" rating in a report on Tuesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $152.33.

Xylem Trading Up 0.8%

XYL stock opened at $149.02 on Friday. Xylem Inc. has a fifty-two week low of $100.47 and a fifty-two week high of $149.93. The firm has a market cap of $36.27 billion, a PE ratio of 38.71, a price-to-earnings-growth ratio of 2.56 and a beta of 1.13. The firm has a fifty day moving average price of $141.61 and a 200 day moving average price of $129.23. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.43 and a current ratio of 1.90.

Xylem (NYSE:XYL - Get Free Report) last released its earnings results on Thursday, July 31st. The industrial products company reported $1.26 earnings per share for the quarter, topping the consensus estimate of $1.15 by $0.11. Xylem had a return on equity of 10.33% and a net margin of 10.74%.The business had revenue of $2.30 billion during the quarter, compared to the consensus estimate of $2.20 billion. During the same period last year, the company earned $1.09 earnings per share. The business's revenue for the quarter was up 6.1% compared to the same quarter last year. Xylem has set its FY 2025 guidance at 4.700-4.850 EPS. Sell-side analysts anticipate that Xylem Inc. will post 4.65 earnings per share for the current fiscal year.

Xylem Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, September 25th. Stockholders of record on Thursday, August 28th were paid a dividend of $0.40 per share. The ex-dividend date was Thursday, August 28th. This represents a $1.60 annualized dividend and a dividend yield of 1.1%. Xylem's dividend payout ratio (DPR) is currently 41.56%.

Insider Activity at Xylem

In other news, CAO Geri-Michelle Mcshane sold 1,000 shares of the firm's stock in a transaction on Friday, September 5th. The stock was sold at an average price of $139.96, for a total transaction of $139,960.00. Following the transaction, the chief accounting officer owned 2,957 shares in the company, valued at approximately $413,861.72. This trade represents a 25.27% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 0.27% of the company's stock.

About Xylem

Xylem Inc, together with its subsidiaries, engages in the design, manufacture, and servicing of engineered products and solutions worldwide. It operates through four segments: Water Infrastructure, Applied Water, Measurement & Control Solutions, and Integrated Solutions and Services. The Water Infrastructure segment offers products, including water, storm water, and wastewater pumps; controls and systems; filtration, disinfection, and biological treatment equipment; and mobile dewatering equipment and rental services under the ADI, Flygt, Godwin, Sanitaire, Magneto, Neptune Benson, Ionpure, Leopold, Wedeco, and Xylem Vue brands.

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