Notis McConarty Edward Makes New $3.96 Million Investment in Xylem Inc. $XYL

Key Points

• Notis McConarty Edward acquired 33,488 Xylem shares worth approximately $3.96 million in the second quarter, making XYL about 1.7% of the firm’s portfolio. Institutional investors collectively own 87.96% of the company.
• Analysts maintain a generally positive view, with nine Buy ratings and six Holds producing a consensus “Moderate Buy” rating and an average price target of $154.23.
• Xylem exceeded quarterly earnings expectations, reporting $1.46 in EPS versus the $1.34 consensus estimate, while revenue rose 1.5% year over year to $2.34 billion. The company also declared a quarterly dividend of $0.43 per share, representing a 1.5% annualized yield.

Notis McConarty Edward acquired a new stake in Xylem Inc. (NYSE:XYL - Free Report) during the second quarter, according to its most recent filing with the SEC. The firm acquired 33,488 shares of the industrial products company's stock, valued at approximately $3,959,000. Xylem comprises approximately 1.7% of Notis McConarty Edward's holdings, making the stock its 22nd largest holding.

Several other hedge funds and other institutional investors also recently made changes to their positions in XYL. Wexford Capital LP bought a new stake in shares of Xylem during the third quarter worth $27,000. Commonwealth Retirement Investments LLC bought a new position in Xylem in the fourth quarter valued at about $27,000. Dunhill Financial LLC bought a new position in Xylem in the second quarter valued at about $30,000. Avalon Trust Co acquired a new stake in Xylem in the second quarter worth about $35,000. Finally, Entrust Financial LLC bought a new stake in Xylem during the 4th quarter worth about $45,000. 87.96% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

XYL has been the topic of a number of research reports. Stifel Nicolaus upped their target price on shares of Xylem from $157.00 to $160.00 and gave the company a "buy" rating in a research report on Wednesday, July 29th. UBS Group lifted their price target on shares of Xylem from $135.00 to $138.00 and gave the stock a "neutral" rating in a research report on Thursday, August 13th. Oppenheimer dropped their price target on shares of Xylem from $160.00 to $158.00 and set an "outperform" rating for the company in a research note on Wednesday, April 29th. Robert W. Baird increased 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. Finally, CLSA raised shares of Xylem to a "hold" rating in a research note on Thursday, June 25th. Nine investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $154.23.

Xylem Trading Up 2.1%

NYSE:XYL opened at $116.28 on Thursday. The company has a current ratio of 1.61, a quick ratio of 1.24 and a debt-to-equity ratio of 0.23. Xylem Inc. has a 1-year low of $105.29 and a 1-year high of $154.27. The firm has a market capitalization of $27.15 billion, a price-to-earnings ratio of 27.69, a PEG ratio of 1.58 and a beta of 1.02. The business's 50-day moving average price is $117.87 and its two-hundred day moving average price is $120.03.

Xylem (NYSE:XYL - Get Free Report) last posted its earnings results on Tuesday, July 28th. The industrial products company reported $1.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.34 by $0.12. The company had revenue of $2.34 billion during the quarter, compared to analyst estimates of $2.34 billion. Xylem had a return on equity of 11.77% and a net margin of 11.15%.The company's revenue for the quarter was up 1.5% compared to the same quarter last year. During the same period in the previous year, the company earned $1.26 EPS. Xylem has set its FY 2026 guidance at 5.550-5.700 EPS. On average, equities analysts expect that Xylem Inc. will post 5.67 earnings per share for the current year.

Xylem Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Thursday, August 27th will be issued a $0.43 dividend. The ex-dividend date is Thursday, August 27th. This represents a $1.72 annualized dividend and a yield of 1.5%. Xylem's dividend payout ratio (DPR) is 40.95%.

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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