Mitsubishi UFJ Asset Management Co. Ltd. Boosts Holdings in Xylem Inc. $XYL

Key Points

• Mitsubishi UFJ Asset Management increased its stake in Xylem by 5.7% to 513,862 shares (about $70.46M), and institutional investors now own roughly 87.96% of the stock.
• Xylem beat quarterly estimates (EPS $1.12 vs $1.09; revenue $2.13B vs $2.11B), provided FY2026 guidance of $5.35–$5.60 EPS, authorized a $1.5 billion share repurchase (up to 4.8% of shares) and raised its quarterly dividend to $0.43.
• Director Jerome Peribere made an insider purchase of 1,210 shares (~$141k), and analysts have a consensus rating of Moderate Buy with a $152.77 average price target.

Mitsubishi UFJ Asset Management Co. Ltd. grew its holdings in Xylem Inc. (NYSE:XYL - Free Report) by 5.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 513,862 shares of the industrial products company's stock after purchasing an additional 27,749 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd. owned approximately 0.21% of Xylem worth $70,456,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of XYL. Schroder Investment Management Group grew its position in shares of Xylem by 2,055.2% in the third quarter. Schroder Investment Management Group now owns 1,192,682 shares of the industrial products company's stock valued at $171,687,000 after purchasing an additional 1,137,342 shares during the last quarter. Balyasny Asset Management L.P. grew its position in shares of Xylem by 346.2% in the third quarter. Balyasny Asset Management L.P. now owns 712,950 shares of the industrial products company's stock valued at $105,160,000 after purchasing an additional 553,152 shares during the last quarter. Adage Capital Partners GP L.L.C. acquired a new stake in shares of Xylem in the second quarter valued at approximately $64,407,000. Jennison Associates LLC grew its position in shares of Xylem by 241.6% in the fourth quarter. Jennison Associates LLC now owns 633,648 shares of the industrial products company's stock valued at $86,290,000 after purchasing an additional 448,148 shares during the last quarter. Finally, Lazard Asset Management LLC grew its position in shares of Xylem by 844.4% in the second quarter. Lazard Asset Management LLC now owns 392,440 shares of the industrial products company's stock valued at $50,765,000 after purchasing an additional 350,887 shares during the last quarter. 87.96% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Xylem

In related news, Director Jerome A. Peribere bought 1,210 shares of the stock in a transaction that occurred on Monday, May 4th. The stock was purchased at an average cost of $116.61 per share, for a total transaction of $141,098.10. Following the completion of the acquisition, the director owned 27,209 shares in the company, valued at $3,172,841.49. This trade represents a 4.65% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.32% of the company's stock.

Analyst Ratings Changes

Several analysts have recently commented on the stock. Mizuho set a $138.00 price target on shares of Xylem in a research report on Wednesday, February 11th. William Blair began coverage on shares of Xylem in a research report on Monday, January 26th. They issued an "outperform" rating for the company. TD Cowen reissued a "hold" rating on shares of Xylem in a research report on Monday, February 23rd. Royal Bank Of Canada cut their price objective on shares of Xylem from $176.00 to $162.00 and set an "outperform" rating for the company in a research report on Wednesday, February 11th. Finally, The Goldman Sachs Group set a $158.00 price objective on shares of Xylem in a research report on Wednesday, February 11th. Seven research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $152.77.

Xylem Stock Performance

NYSE:XYL opened at $115.75 on Friday. The firm has a 50 day simple moving average of $122.63 and a 200-day simple moving average of $134.10. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.46 and a quick ratio of 1.10. The firm has a market cap of $27.51 billion, a PE ratio of 28.79, a P/E/G ratio of 1.69 and a beta of 1.08. Xylem Inc. has a 1-year low of $114.15 and a 1-year high of $154.27.

Xylem (NYSE:XYL - Get Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The industrial products company reported $1.12 earnings per share for the quarter, beating analysts' consensus estimates of $1.09 by $0.03. The business had revenue of $2.13 billion during the quarter, compared to analyst estimates of $2.11 billion. Xylem had a net margin of 10.79% and a return on equity of 11.26%. The company's revenue was up 2.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.03 earnings per share. Xylem has set its FY 2026 guidance at 5.350-5.600 EPS. On average, equities analysts expect that Xylem Inc. will post 5.51 EPS for the current year.

Xylem announced that its board has initiated a share repurchase plan on Wednesday, February 25th that authorizes the company to repurchase $1.50 billion in shares. This repurchase authorization authorizes the industrial products company to repurchase up to 4.8% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's board believes its shares are undervalued.

Xylem Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 24th. Investors of record on Tuesday, February 24th were issued a $0.43 dividend. The ex-dividend date was Tuesday, February 24th. This is a positive change from Xylem's previous quarterly dividend of $0.40. This represents a $1.72 dividend on an annualized basis and a yield of 1.5%. Xylem's payout ratio is presently 42.79%.

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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