Ieq Capital LLC Takes $1.21 Million Position in Xylem Inc. $XYL

Key Points

• Ieq Capital acquired 10,218 Xylem shares during the second quarter, representing a position worth approximately $1.21 million. Institutional investors collectively own 87.96% of the company.
• Analysts maintain a generally positive outlook, with nine Buy ratings and six Holds, resulting in a consensus “Moderate Buy” rating and a $155 average price target.
• Xylem reported quarterly EPS of $1.46, beating estimates of $1.34, while revenue rose 1.5% year over year to $2.34 billion. The company also declared a quarterly dividend of $0.43 per share, equivalent to a 1.5% annual yield.

Ieq Capital LLC purchased a new position in shares of Xylem Inc. (NYSE:XYL - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 10,218 shares of the industrial products company's stock, valued at approximately $1,208,000.

Other large investors have also modified their holdings of the company. Wexford Capital LP acquired a new stake in shares of Xylem in the third quarter valued at approximately $27,000. Commonwealth Retirement Investments LLC acquired a new position in shares of Xylem during the fourth quarter worth approximately $27,000. Dunhill Financial LLC acquired a new position in shares of Xylem during the second quarter worth approximately $30,000. Avalon Trust Co bought a new position in Xylem in the 2nd quarter worth approximately $35,000. Finally, Entrust Financial LLC bought a new position in Xylem in the 4th quarter worth approximately $45,000. Institutional investors and hedge funds own 87.96% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on XYL shares. Jefferies Financial Group boosted their price target on Xylem from $145.00 to $150.00 and gave the stock a "buy" rating in a research report on Monday. Robert W. Baird lifted their price objective on shares of Xylem from $163.00 to $165.00 and gave the company an "outperform" rating in a research note on Wednesday, July 29th. Weiss Ratings reiterated a "hold (c)" rating on shares of Xylem in a research report on Wednesday, August 5th. CLSA upgraded shares of Xylem to a "hold" rating in a research report on Thursday, June 25th. Finally, Citigroup reaffirmed a "buy" rating on shares of Xylem in a research note on Wednesday, July 29th. Nine investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $155.00.

Xylem Trading Up 0.6%

Shares of Xylem stock opened at $113.51 on Thursday. The business has a fifty day simple moving average of $118.18 and a 200-day simple moving average of $119.13. Xylem Inc. has a fifty-two week low of $105.29 and a fifty-two week high of $154.27. The firm has a market cap of $26.50 billion, a price-to-earnings ratio of 27.03, a price-to-earnings-growth ratio of 1.66 and a beta of 1.02. The company has a quick ratio of 1.24, a current ratio of 1.61 and a debt-to-equity ratio of 0.23.

Xylem (NYSE:XYL - Get Free Report) last issued its quarterly earnings results on Tuesday, July 28th. The industrial products company reported $1.46 EPS for the quarter, topping the consensus estimate of $1.34 by $0.12. Xylem had a net margin of 11.15% and a return on equity of 11.77%. The firm had revenue of $2.34 billion for the quarter, compared to analysts' expectations of $2.34 billion. During the same period in the previous year, the business earned $1.26 earnings per share. Xylem's revenue for the quarter was up 1.5% compared to the same quarter last year. Xylem has set its FY 2026 guidance at 5.550-5.700 EPS. On average, equities analysts forecast that Xylem Inc. will post 5.66 EPS for the current fiscal year.

Xylem Dividend Announcement

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

Xylem 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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