Landscape Capital Management L.L.C. Makes New Investment in Xylem Inc. $XYL

Key Points

• Landscape Capital Management L.L.C. acquired a new stake in Xylem Inc., purchasing 4,557 shares valued at about $544,000 in the first quarter.
• Xylem reported $1.26 EPS for the last quarter, exceeding analysts' expectations, and announced a quarterly dividend of $0.40, representing a dividend yield of 1.1%.
• Multiple analysts have upgraded Xylem's stock rating, with a consensus price target of $152.29, indicating a moderate buy sentiment among investors.

Landscape Capital Management L.L.C. purchased a new position in shares of Xylem Inc. (NYSE:XYL - Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 4,557 shares of the industrial products company's stock, valued at approximately $544,000.

A number of other large investors have also added to or reduced their stakes in XYL. Valley National Advisers Inc. lifted its stake in 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 last quarter. Perkins Coie Trust Co bought a new stake in Xylem during the first quarter worth $27,000. Center for Financial Planning Inc. lifted its stake 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 acquiring an additional 91 shares during the last quarter. Heck Capital Advisors LLC bought a new position in shares of Xylem in the 4th quarter valued at $36,000. Finally, Headlands Technologies LLC lifted its stake 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 acquiring an additional 145 shares during the last quarter. Institutional investors and hedge funds own 87.96% of the company's stock.

Wall Street Analyst Weigh In

XYL has been the subject of a number of research reports. Stifel Nicolaus increased their price target on Xylem from $162.00 to $175.00 and gave the company a "buy" rating in a research note on Friday, August 1st. Wall Street Zen raised Xylem from a "hold" rating to a "buy" rating in a research report on Saturday, August 9th. TD Cowen raised their target price on Xylem from $125.00 to $130.00 and gave the stock a "hold" rating in a research report on Tuesday, August 26th. Cowen reiterated a "hold" rating on shares of Xylem in a report on Tuesday, August 26th. Finally, Raymond James Financial upgraded Xylem to a "hold" rating in a report on Thursday, May 15th. Six investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $152.29.

Xylem Stock Up 1.3%

Shares of XYL traded up $1.77 during trading hours on Thursday, hitting $141.47. The stock had a trading volume of 348,540 shares, compared to its average volume of 1,444,867. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.90 and a quick ratio of 1.43. The firm has a 50 day simple moving average of $136.87 and a 200-day simple moving average of $127.08. The firm has a market capitalization of $34.43 billion, a P/E ratio of 36.74, a price-to-earnings-growth ratio of 2.45 and a beta of 1.09. Xylem Inc. has a 1-year low of $100.47 and a 1-year high of $145.33.

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

Xylem Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 25th. Investors of record on Thursday, August 28th will be given a $0.40 dividend. The ex-dividend date of this dividend is Thursday, August 28th. This represents a $1.60 annualized dividend and a yield of 1.1%. Xylem's dividend payout ratio (DPR) 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.