HITE Hedge Asset Management LLC Decreases Stock Position in Xylem Inc. $XYL

Key Points

• HITE Hedge trimmed its stake in Xylem by 13.7% in Q3, selling 8,459 shares and leaving it with 53,271 shares valued at about $7.857 million.
• Xylem raised its quarterly dividend to $0.43 (annualized $1.72, ~1.4% yield) and the board authorized a $1.5 billion share repurchase program (about 4.8% of outstanding stock).
• The company reported Q results with EPS of $1.42 (in line) and revenue up 6.3% YoY, issued FY 2026 guidance of $5.350–$5.560 EPS, and carries a consensus "Moderate Buy" rating with an average price target of $158.08.

HITE Hedge Asset Management LLC trimmed its position in shares of Xylem Inc. (NYSE:XYL - Free Report) by 13.7% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 53,271 shares of the industrial products company's stock after selling 8,459 shares during the quarter. HITE Hedge Asset Management LLC's holdings in Xylem were worth $7,857,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also bought and sold shares of the company. AQR Capital Management LLC lifted its holdings in shares of Xylem by 14.4% in the 1st quarter. AQR Capital Management LLC now owns 30,955 shares of the industrial products company's stock worth $3,645,000 after acquiring an additional 3,900 shares during the last quarter. NewEdge Advisors LLC grew its holdings in Xylem by 3.3% during the 1st quarter. NewEdge Advisors LLC now owns 4,151 shares of the industrial products company's stock valued at $496,000 after purchasing an additional 132 shares during the last quarter. Empowered Funds LLC grew its holdings in Xylem by 56.1% during the 1st quarter. Empowered Funds LLC now owns 8,678 shares of the industrial products company's stock valued at $1,037,000 after purchasing an additional 3,120 shares during the last quarter. Savant Capital LLC raised its position in Xylem by 23.3% in the 2nd quarter. Savant Capital LLC now owns 5,884 shares of the industrial products company's stock worth $761,000 after purchasing an additional 1,110 shares during the period. Finally, Profund Advisors LLC lifted its stake in Xylem by 11.1% in the second quarter. Profund Advisors LLC now owns 2,736 shares of the industrial products company's stock worth $354,000 after purchasing an additional 273 shares during the last quarter. Institutional investors own 87.96% of the company's stock.

Xylem Stock Performance

Xylem stock opened at $119.94 on Friday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.28 and a current ratio of 1.62. The company has a market capitalization of $29.16 billion, a PE ratio of 30.60, a P/E/G ratio of 1.75 and a beta of 1.17. The company has a 50 day moving average price of $134.31 and a 200-day moving average price of $140.06. Xylem Inc. has a fifty-two week low of $100.47 and a fifty-two week high of $154.27.

Xylem (NYSE:XYL - Get Free Report) last announced its quarterly earnings data on Tuesday, February 10th. The industrial products company reported $1.42 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.42. Xylem had a return on equity of 11.11% and a net margin of 10.59%.The business's revenue was up 6.3% compared to the same quarter last year. During the same period in the previous year, the company earned $1.18 EPS. Xylem has set its FY 2026 guidance at 5.350-5.560 EPS. As a group, equities analysts forecast that Xylem Inc. will post 4.65 earnings per share for the current year.

Xylem Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 24th. Stockholders of record on Tuesday, February 24th will be given a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Tuesday, February 24th. This is a positive change from Xylem's previous quarterly dividend of $0.40. Xylem's dividend payout ratio is currently 43.88%.

Xylem announced that its board has authorized a stock repurchase plan on Wednesday, February 25th that permits the company to repurchase $1.50 billion in shares. This repurchase authorization permits the industrial products company to repurchase up to 4.8% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's board of directors believes its stock is undervalued.

Analyst Ratings Changes

Several research analysts have issued reports on XYL shares. Zacks Research lowered Xylem from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, November 18th. Citigroup decreased their price target on Xylem from $182.00 to $174.00 and set a "buy" rating for the company in a research note on Wednesday, February 11th. Oppenheimer set a $165.00 price objective on Xylem in a report on Thursday, February 12th. Wall Street Zen downgraded Xylem from a "buy" rating to a "hold" rating in a research report on Saturday, December 27th. Finally, Stifel Nicolaus reduced their target price on Xylem from $178.00 to $175.00 and set a "buy" rating on the stock in a research note on Wednesday, February 11th. Nine equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $158.08.

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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