Generali Asset Management SPA SGR Cuts Stake in Xylem Inc. $XYL

Key Points

• Generali Asset Management SPA SGR reduced its stake in Xylem Inc. by 50.7% in the second quarter, leaving it with 12,237 shares worth approximately $1.58 million.
• A variety of large investors reported buying and increasing their stakes in Xylem, with institutions owning 87.96% of the company's stock.
• Equities analysts have issued a consensus target price of $154.67 for Xylem, with several firms upgrading their ratings and price targets for the stock recently.

Generali Asset Management SPA SGR lowered its position in shares of Xylem Inc. (NYSE:XYL - Free Report) by 50.7% in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 12,237 shares of the industrial products company's stock after selling 12,576 shares during the quarter. Generali Asset Management SPA SGR's holdings in Xylem were worth $1,583,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of XYL. Valley National Advisers Inc. raised its position in Xylem by 84.9% during the 1st quarter. Valley National Advisers Inc. now owns 220 shares of the industrial products company's stock worth $26,000 after buying an additional 101 shares during the last quarter. Maseco LLP purchased a new position in shares of Xylem in the 2nd quarter valued at about $31,000. Center for Financial Planning Inc. increased its holdings 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 valued at $32,000 after purchasing an additional 91 shares in the last quarter. ST Germain D J Co. Inc. increased its holdings in shares of 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 valued at $33,000 after purchasing an additional 228 shares in the last quarter. Finally, Headlands Technologies LLC increased its holdings in shares of Xylem by 90.6% in the 1st quarter. Headlands Technologies LLC now owns 305 shares of the industrial products company's stock valued at $36,000 after purchasing an additional 145 shares in the last quarter. Hedge funds and other institutional investors own 87.96% of the company's stock.

Insider Transactions at Xylem

In related news, CAO Geri-Michelle Mcshane sold 1,000 shares of the business's stock in a transaction that occurred on Friday, September 5th. The shares were sold at an average price of $139.96, for a total value of $139,960.00. Following the completion of the sale, the chief accounting officer directly owned 2,957 shares in the company, valued at approximately $413,861.72. The trade was a 25.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.27% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on XYL shares. Barclays started coverage on shares of Xylem in a report on Friday, September 19th. They issued an "overweight" rating and a $165.00 price target for the company. Mizuho increased their price target on shares of Xylem from $125.00 to $140.00 and gave the company a "neutral" rating in a report on Friday, September 12th. UBS Group increased their price target on shares of Xylem from $164.00 to $168.00 and gave the company a "buy" rating in a report on Tuesday, August 5th. Zacks Research upgraded shares of Xylem from a "hold" rating to a "strong-buy" rating in a report on Monday, September 22nd. Finally, Stifel Nicolaus raised their target price on shares of Xylem from $162.00 to $175.00 and gave the company a "buy" rating in a report on Friday, August 1st. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, Xylem presently has an average rating of "Moderate Buy" and a consensus target price of $154.67.

Xylem Price Performance

Xylem stock opened at $146.00 on Friday. Xylem Inc. has a 12-month low of $100.47 and a 12-month high of $151.16. The stock has a market capitalization of $35.54 billion, a P/E ratio of 37.92, a P/E/G ratio of 2.47 and a beta of 1.13. The firm's 50-day moving average is $143.32 and its two-hundred day moving average is $131.21. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.90 and a quick ratio of 1.43.

Xylem (NYSE:XYL - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The industrial products company reported $1.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.15 by $0.11. Xylem had a net margin of 10.74% and a return on equity of 10.33%. The company had revenue of $2.30 billion for the quarter, compared to analysts' expectations of $2.20 billion. During the same period last year, the company earned $1.09 EPS. The firm'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. Equities analysts predict that Xylem Inc. will post 4.65 earnings per share for the current year.

Xylem Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, September 25th. Investors of record on Thursday, August 28th were issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date was Thursday, August 28th. Xylem's payout ratio is presently 41.56%.

Xylem Profile

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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