NewEdge Advisors LLC Has $5.45 Million Stock Position in Xylem Inc. $XYL

Key Points

• NewEdge Advisors increased its Xylem position by 31.9% in the second quarter, bringing its holdings to 46,059 shares valued at approximately $5.45 million. Institutional investors collectively own 87.96% of Xylem.
• Analysts maintain a generally positive view, with nine Buy ratings and six Hold ratings producing a consensus “Moderate Buy” rating and an average price target of $155.
• Xylem reported quarterly EPS of $1.46, exceeding estimates of $1.34, while revenue reached $2.34 billion. The company also declared a quarterly dividend of $0.43 per share, yielding about 1.6% annually.

NewEdge Advisors LLC boosted its holdings in shares of Xylem Inc. (NYSE:XYL - Free Report) by 31.9% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 46,059 shares of the industrial products company's stock after buying an additional 11,136 shares during the quarter. NewEdge Advisors LLC's holdings in Xylem were worth $5,445,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of XYL. Commonwealth Retirement Investments LLC bought a new stake in shares of Xylem during the 4th quarter worth about $27,000. Dunhill Financial LLC bought a new position in shares of Xylem in the 2nd quarter valued at approximately $30,000. Avalon Trust Co bought a new position in shares of Xylem in the 2nd quarter valued at approximately $35,000. Orion Capital Management LLC acquired a new stake in Xylem in the 2nd quarter worth approximately $35,000. Finally, Aventus Investment Advisors Inc. lifted its holdings in Xylem by 66.7% in the 2nd quarter. Aventus Investment Advisors Inc. now owns 300 shares of the industrial products company's stock worth $35,000 after purchasing an additional 120 shares during the last quarter. 87.96% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have commented on the company. Stifel Nicolaus increased their price target on Xylem from $157.00 to $160.00 and gave the company a "buy" rating in a report on Wednesday, July 29th. CLSA upgraded shares of Xylem to a "hold" rating in a research note on Thursday, June 25th. UBS Group upped their price objective 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, Barclays boosted their target price on shares of Xylem from $154.00 to $159.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 29th. Nine equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $155.00.

Xylem Stock Up 0.5%

Shares of XYL stock opened at $107.48 on Tuesday. Xylem Inc. has a 12 month low of $105.29 and a 12 month high of $154.27. The company has a quick ratio of 1.24, a current ratio of 1.61 and a debt-to-equity ratio of 0.23. The firm has a market cap of $25.10 billion, a PE ratio of 25.59, a price-to-earnings-growth ratio of 1.72 and a beta of 1.00. The stock has a 50 day moving average of $116.29 and a 200-day moving average of $117.11.

Xylem (NYSE:XYL - Get Free Report) last announced its earnings results on Tuesday, July 28th. The industrial products company reported $1.46 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.34 by $0.12. The business had revenue of $2.34 billion for the quarter, compared to analyst estimates of $2.34 billion. Xylem had a net margin of 11.15% and a return on equity of 11.77%. Xylem's revenue was up 1.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.26 earnings per share. Xylem has set its FY 2026 guidance at 5.550-5.700 EPS. On average, equities analysts predict that Xylem Inc. will post 5.66 EPS for the current year.

Xylem Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 24th. Stockholders 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 dividend on an annualized basis and a dividend yield of 1.6%. Xylem's dividend payout ratio is currently 40.95%.

About Xylem

Xylem Inc NYSE: XYL is a global water technology company that develops products, services and solutions for the transportation, treatment, testing and efficient use of water and wastewater. Its customers include municipalities, utilities, industrial businesses, commercial facilities and residential users.

The company's offerings include water and wastewater pumps, controls, treatment systems, filtration and disinfection equipment, smart metering and network technologies, monitoring tools, data analytics and related maintenance services.

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