Legal & General Group Plc Takes Position in Xylem Inc. $XYL

Key Points

• Legal & General acquired 1.73 million Xylem shares during the second quarter, worth approximately $204.4 million and representing about 0.74% of the company. Institutional investors collectively own 87.96% of Xylem.
• Xylem exceeded quarterly earnings expectations, reporting $1.46 in EPS versus the $1.34 consensus estimate and $2.34 billion in revenue, up 1.5% year over year. The company provided fiscal 2026 EPS guidance of $5.55–$5.70.
• Analysts maintain a Moderate Buy consensus with an average price target of $155, while Xylem pays a quarterly dividend of $0.43 per share, implying a 1.5% annualized yield.

Legal & General Group Plc bought a new stake in Xylem Inc. (NYSE:XYL - Free Report) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 1,728,792 shares of the industrial products company's stock, valued at approximately $204,360,000. Legal & General Group Plc owned about 0.74% of Xylem as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Wexford Capital LP bought a new position in shares of Xylem during the 3rd quarter worth approximately $27,000. Commonwealth Retirement Investments LLC acquired a new position in shares of Xylem during the 4th quarter worth approximately $27,000. Dunhill Financial LLC bought a new stake in Xylem in the 2nd quarter valued at $30,000. Avalon Trust Co acquired a new stake in Xylem during the 2nd quarter valued at $35,000. Finally, Entrust Financial LLC acquired a new stake in Xylem during the 4th quarter valued at $45,000. Institutional investors own 87.96% of the company's stock.

Xylem Price Performance

Xylem stock opened at $113.51 on Thursday. The firm has a market cap of $26.50 billion, a PE ratio of 27.03, a price-to-earnings-growth ratio of 1.66 and a beta of 1.02. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.61 and a quick ratio of 1.24. The stock's fifty day moving average price is $118.18 and its two-hundred day moving average price is $119.13. Xylem Inc. has a one year low of $105.29 and a one year high of $154.27.

Xylem (NYSE:XYL - Get Free Report) last released its earnings results 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. The firm had revenue of $2.34 billion during the quarter, compared to the consensus estimate of $2.34 billion. Xylem had a return on equity of 11.77% and a net margin of 11.15%.The company's revenue was up 1.5% compared to the same quarter last year. During the same period in the prior year, the company posted $1.26 EPS. Xylem has set its FY 2026 guidance at 5.550-5.700 EPS. As a group, research analysts expect that Xylem Inc. will post 5.66 EPS 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 given a dividend of $0.43 per share. The ex-dividend date of this dividend is Thursday, August 27th. This represents a $1.72 annualized dividend and a yield of 1.5%. Xylem's dividend payout ratio is currently 40.95%.

Analysts Set New Price Targets

Several equities analysts have commented on XYL shares. Robert W. Baird upped their price objective on shares of Xylem from $163.00 to $165.00 and gave the company an "outperform" rating in a report on Wednesday, July 29th. Stifel Nicolaus raised their target price on shares of Xylem from $157.00 to $160.00 and gave the stock a "buy" rating in a research note on Wednesday, July 29th. UBS Group lifted their target price on shares of Xylem from $135.00 to $138.00 and gave the stock a "neutral" rating in a report on Thursday, August 13th. Citigroup reiterated a "buy" rating on shares of Xylem in a research note on Wednesday, July 29th. Finally, CLSA raised shares of Xylem to a "hold" rating in a report on Thursday, June 25th. Nine analysts have rated the stock with a Buy rating and six have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $155.00.

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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