Jefferies Financial Group Inc. Buys Shares of 31,841 Xylem Inc. $XYL

Key Points

• Jefferies Financial Group initiated a position in Xylem by purchasing 31,841 shares worth approximately $3.76 million. Institutional investors collectively own 87.96% of the company’s outstanding stock.
• Analysts maintain a generally positive outlook, with nine Buy ratings and six Holds, producing a consensus “Moderate Buy” rating and an average price target of $155.
• Xylem exceeded quarterly earnings expectations, reporting $1.46 in adjusted EPS versus $1.34 forecast, while revenue rose 1.5% year over year to $2.34 billion. The company also declared a quarterly dividend of $0.43 per share, yielding about 1.5% annually.

Jefferies Financial Group Inc. bought a new stake in Xylem Inc. (NYSE:XYL - Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 31,841 shares of the industrial products company's stock, valued at approximately $3,764,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in XYL. Commonwealth Retirement Investments LLC acquired a new stake in shares of Xylem during the 4th quarter valued at $27,000. Wexford Capital LP purchased a new stake in shares of Xylem during the third quarter worth $27,000. Dunhill Financial LLC acquired a new stake in Xylem during the second quarter valued at $30,000. Avalon Trust Co acquired a new stake in Xylem during the second quarter valued at $35,000. Finally, Global Assets Advisory LLC purchased a new position in Xylem in the first quarter valued at about $40,000. 87.96% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages have recently issued reports on XYL. Mizuho lifted their price target on Xylem from $124.00 to $130.00 and gave the company a "neutral" rating in a report on Wednesday, July 29th. Robert W. Baird increased their price objective on Xylem from $163.00 to $165.00 and gave the stock an "outperform" rating in a report on Wednesday, July 29th. Stifel Nicolaus lifted their target price on shares of Xylem from $157.00 to $160.00 and gave the company a "buy" rating in a research note on Wednesday, July 29th. UBS Group boosted their target price on shares of Xylem from $135.00 to $138.00 and gave the stock a "neutral" rating in a research report on Thursday, August 13th. Finally, CLSA upgraded shares of Xylem to a "hold" rating in a research note on Thursday, June 25th. Nine equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $155.00.

Xylem Stock Performance

XYL opened at $111.44 on Friday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.24 and a current ratio of 1.61. The company has a market cap of $26.02 billion, a PE ratio of 26.53, a price-to-earnings-growth ratio of 1.66 and a beta of 1.02. The stock has a 50-day moving average of $118.20 and a 200-day moving average of $118.87. Xylem Inc. has a 52-week low of $105.29 and a 52-week high of $154.27.

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

Xylem Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 24th. Investors of record on Thursday, August 27th will be issued a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend is Thursday, August 27th. Xylem's dividend payout ratio is currently 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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