OMERS ADMINISTRATION Corp Acquires Shares of 12,542 Xylem Inc. $XYL

Key Points

• OMERS Administration Corp. acquired 12,542 shares of Xylem during the second quarter, valued at approximately $1.48 million. Institutional investors collectively own 87.96% of the company’s stock.
• Analysts maintain a generally positive outlook, with nine Buy ratings and six Holds. Xylem has a consensus “Moderate Buy” rating and an average price target of $155.
• Xylem beat quarterly earnings estimates, reporting $1.46 in EPS versus the $1.34 consensus, while revenue rose 1.5% year over year to $2.34 billion. The company also declared a quarterly dividend of $0.43 per share, yielding approximately 1.5% annually.

OMERS ADMINISTRATION Corp bought a new position in Xylem Inc. (NYSE:XYL - Free Report) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 12,542 shares of the industrial products company's stock, valued at approximately $1,483,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Commonwealth Retirement Investments LLC purchased a new position in Xylem during the fourth quarter worth about $27,000. Wexford Capital LP purchased a new stake in Xylem in the 3rd quarter valued at about $27,000. Dunhill Financial LLC bought a new position in shares of Xylem during the 2nd quarter worth approximately $30,000. Avalon Trust Co bought a new position in shares of Xylem during the 2nd quarter worth approximately $35,000. Finally, Global Assets Advisory LLC purchased a new position in shares of Xylem in the 1st quarter worth approximately $40,000. Hedge funds and other institutional investors own 87.96% of the company's stock.

Analysts Set New Price Targets

A number of analysts recently commented on the company. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Xylem in a research report on Wednesday, August 5th. Robert W. Baird boosted their price objective on Xylem from $163.00 to $165.00 and gave the stock an "outperform" rating in a research report on Wednesday, July 29th. Jefferies Financial Group upped their price objective on Xylem from $145.00 to $150.00 and gave the company a "buy" rating in a research note on Monday. Citigroup reaffirmed a "buy" rating on shares of Xylem in a research report on Wednesday, July 29th. Finally, Stifel Nicolaus lifted their target price on Xylem from $157.00 to $160.00 and gave the stock a "buy" rating in a research note on Wednesday, July 29th. Nine analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, Xylem has a consensus rating of "Moderate Buy" and a consensus target price of $155.00.

Xylem Trading Up 0.6%

NYSE:XYL opened at $113.51 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. The stock has a market capitalization of $26.50 billion, a PE ratio of 27.03, a price-to-earnings-growth ratio of 1.66 and a beta of 1.02. The firm's 50 day moving average is $118.18 and its 200 day moving average is $119.13. Xylem Inc. has a 12 month low of $105.29 and a 12 month high of $154.27.

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

Xylem Dividend Announcement

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

Xylem 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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