Xylem Inc. $XYL Stock Position Raised by Meiji Yasuda Life Insurance Co

Key Points

• Meiji Yasuda Life Insurance Co increased its stake in Xylem Inc. by 17.8%, now owning a total of 17,560 shares valued at approximately $2.1 million.
• Xylem reported strong earnings with an EPS of $1.26 for the latest quarter, exceeding expectations, and set its FY 2025 guidance at 4.700-4.850 EPS.
• The company recently announced a quarterly dividend of $0.40, resulting in an annualized dividend yield of 1.1% and a payout ratio of 41.56%.

Meiji Yasuda Life Insurance Co raised its position in shares of Xylem Inc. (NYSE:XYL - Free Report) by 17.8% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 17,560 shares of the industrial products company's stock after buying an additional 2,657 shares during the quarter. Meiji Yasuda Life Insurance Co's holdings in Xylem were worth $2,098,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Valley National Advisers Inc. raised its position in shares of Xylem by 84.9% during the 1st quarter. Valley National Advisers Inc. now owns 220 shares of the industrial products company's stock valued at $26,000 after acquiring an additional 101 shares in the last quarter. Perkins Coie Trust Co acquired a new stake in shares of Xylem during the first quarter worth $27,000. Center for Financial Planning Inc. raised its holdings 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 stake in Xylem during the fourth quarter worth about $36,000. Finally, Headlands Technologies LLC raised its position in shares of Xylem by 90.6% during the 1st 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 0.2%

NYSE XYL traded down $0.25 on Friday, hitting $141.55. 1,432,790 shares of the stock were exchanged, compared to its average volume of 1,444,458. Xylem Inc. has a 52-week low of $100.47 and a 52-week high of $145.33. 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 company has a market capitalization of $34.45 billion, a price-to-earnings ratio of 36.77, a P/E/G ratio of 2.38 and a beta of 1.09. The company's 50-day moving average price is $138.01 and its two-hundred day moving average price is $127.52.

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

Xylem Dividend Announcement

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

Insider Buying and Selling

In related news, CAO Geri-Michelle Mcshane sold 1,000 shares of the business's stock in a transaction that occurred on Friday, September 5th. The shares were sold at an average price of $139.96, for a total transaction of $139,960.00. Following the transaction, the chief accounting officer directly owned 2,957 shares of the company's stock, valued at approximately $413,861.72. The trade was a 25.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.27% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on XYL shares. Raymond James Financial raised Xylem to a "hold" rating in a report on Thursday, May 15th. Citigroup reiterated a "buy" rating and set a $152.00 price objective (up previously from $137.00) on shares of Xylem in a research note on Monday, July 14th. Cowen restated a "hold" rating on shares of Xylem in a research report on Tuesday, August 26th. Mizuho lifted their price target on Xylem from $125.00 to $140.00 and gave the company a "neutral" rating in a research report on Friday. Finally, UBS Group lifted their target price on Xylem from $164.00 to $168.00 and gave the stock a "buy" rating in a report on Tuesday, August 5th. Six analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $150.75.

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.