Occidental Asset Management LLC Makes New Investment in Xylem Inc. $XYL

Key Points

• Occidental Asset Management initiated a new Xylem position, purchasing 35,386 shares worth approximately $4.18 million in the second quarter. Institutional investors collectively own 87.96% of the company.
• Xylem reported quarterly EPS of $1.46, exceeding the $1.34 consensus estimate, while revenue reached $2.34 billion and increased 1.5% year over year. The company maintained FY 2026 EPS guidance of $5.55–$5.70.
• Analysts hold a “Moderate Buy” consensus with an average price target of $154.23, compared with the stock’s recent price of $117.59. Xylem also announced a quarterly dividend of $0.43 per share, representing a 1.5% yield.

Occidental Asset Management LLC bought a new stake in Xylem Inc. (NYSE:XYL - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 35,386 shares of the industrial products company's stock, valued at approximately $4,183,000.

Other hedge funds also recently added to or reduced their stakes in the company. AQR Capital Management LLC raised its holdings in shares of Xylem by 14.4% in the first quarter. AQR Capital Management LLC now owns 30,955 shares of the industrial products company's stock worth $3,645,000 after buying an additional 3,900 shares during the period. NewEdge Advisors LLC increased its stake in Xylem by 3.3% in the first quarter. NewEdge Advisors LLC now owns 4,151 shares of the industrial products company's stock worth $496,000 after purchasing an additional 132 shares during the period. Empowered Funds LLC boosted its stake in shares of Xylem by 56.1% during the first quarter. Empowered Funds LLC now owns 8,678 shares of the industrial products company's stock valued at $1,037,000 after purchasing an additional 3,120 shares during the period. Arrowstreet Capital Limited Partnership grew its holdings in shares of Xylem by 97.6% in the second quarter. Arrowstreet Capital Limited Partnership now owns 11,151 shares of the industrial products company's stock worth $1,442,000 after purchasing an additional 5,509 shares during the last quarter. Finally, EverSource Wealth Advisors LLC increased its stake in Xylem by 114.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,192 shares of the industrial products company's stock worth $154,000 after buying an additional 635 shares during the period. 87.96% of the stock is currently owned by institutional investors.

Xylem Stock Down 1.7%

NYSE:XYL opened at $117.59 on Tuesday. 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 company's fifty day moving average price is $117.63 and its 200-day moving average price is $120.33. 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 $27.46 billion, a P/E ratio of 28.00, a PEG ratio of 1.66 and a beta of 1.02.

Xylem (NYSE:XYL - Get Free Report) last posted its quarterly earnings results on Tuesday, July 28th. The industrial products company reported $1.46 EPS for the quarter, beating the consensus estimate of $1.34 by $0.12. The company 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%. The firm's revenue was up 1.5% on a year-over-year basis. During the same period in the prior year, the company earned $1.26 earnings per share. Xylem has set its FY 2026 guidance at 5.550-5.700 EPS. As a group, equities research analysts anticipate that Xylem Inc. will post 5.67 EPS for the current year.

Xylem Dividend Announcement

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

Analysts Set New Price Targets

Several equities research analysts have weighed in on the company. Citigroup reiterated a "buy" rating on shares of Xylem in a report on Wednesday, July 29th. Weiss Ratings reissued a "hold (c)" rating on shares of Xylem in a research report on Wednesday, August 5th. Stifel Nicolaus raised their price objective on Xylem from $157.00 to $160.00 and gave the stock a "buy" rating in a research report on Wednesday, July 29th. Oppenheimer cut their price target on shares of Xylem from $160.00 to $158.00 and set an "outperform" rating on the stock in a research note on Wednesday, April 29th. Finally, Royal Bank Of Canada lifted their price objective on shares of Xylem from $159.00 to $164.00 and gave the stock an "outperform" rating in a research note 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 company. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $154.23.

About Xylem

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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