J. Stern & Co. LLP Purchases 21,134 Shares of Xylem Inc. $XYL

Key Points

• J. Stern & Co. LLP increased its holdings in Xylem Inc. by 6.6% during the 1st quarter, now owning 342,881 shares valued at approximately $40.96 million.
• Analysts have raised their price targets for Xylem shares, with Royal Bank Of Canada and Stifel Nicolaus setting targets at $147.00 and $175.00, respectively, and the consensus rating for the stock is a "Moderate Buy".
• Xylem reported a quarterly earnings per share (EPS) of $1.26, exceeding expectations, coupled with a recent announcement of a quarterly dividend of $0.40 per share.

J. Stern & Co. LLP raised its holdings in Xylem Inc. (NYSE:XYL - Free Report) by 6.6% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 342,881 shares of the industrial products company's stock after buying an additional 21,134 shares during the quarter. Xylem accounts for 3.9% of J. Stern & Co. LLP's investment portfolio, making the stock its 14th largest holding. J. Stern & Co. LLP owned about 0.14% of Xylem worth $40,961,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Valley National Advisers Inc. raised its position in shares of Xylem by 84.9% during the first 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 acquired a new position in shares of Xylem during the first quarter worth approximately $27,000. Center for Financial Planning Inc. raised its position in shares of Xylem by 52.0% during the first 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. Heck Capital Advisors LLC acquired a new position in shares of Xylem during the fourth quarter worth approximately $36,000. Finally, Headlands Technologies LLC raised its position in shares of Xylem by 90.6% during the first quarter. Headlands Technologies LLC now owns 305 shares of the industrial products company's stock worth $36,000 after purchasing an additional 145 shares during the period. 87.96% of the stock is owned by institutional investors and hedge funds.

Xylem Trading Down 0.4%

XYL traded down $0.63 on Thursday, hitting $143.99. 961,010 shares of the company were exchanged, compared to its average volume of 1,237,550. The firm has a fifty day simple moving average of $135.71 and a two-hundred day simple moving average of $126.80. 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 Inc. has a 12 month low of $100.47 and a 12 month high of $145.33. The stock has a market capitalization of $35.05 billion, a PE ratio of 37.40, a price-to-earnings-growth ratio of 2.50 and a beta of 1.11.

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

Xylem Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 25th. Shareholders of record on Thursday, August 28th will be paid a dividend of $0.40 per share. The ex-dividend date is Thursday, August 28th. This represents a $1.60 dividend on an annualized basis and a yield of 1.1%. Xylem's payout ratio is presently 41.56%.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the company. Royal Bank Of Canada upped their price target on Xylem from $143.00 to $147.00 and gave the stock an "outperform" rating in a report on Wednesday, April 30th. TD Cowen increased their price target on Xylem from $125.00 to $130.00 and gave the stock a "hold" rating in a research note on Tuesday. UBS Group increased their price objective on Xylem from $164.00 to $168.00 and gave the stock a "buy" rating in a report on Tuesday, August 5th. Wall Street Zen raised Xylem from a "hold" rating to a "buy" rating in a report on Saturday, August 9th. Finally, Citigroup reaffirmed a "buy" rating and issued a $152.00 price target (up previously from $137.00) on shares of Xylem in a report on Monday, July 14th. Six investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, Xylem has a consensus rating of "Moderate Buy" and a consensus price target of $152.29.

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.