Tidal Investments LLC Purchases 11,305 Shares of Xylem Inc. $XYL

Key Points

• Tidal Investments increased its Xylem stake by 20.8% in the second quarter, purchasing 11,305 additional shares and bringing its holdings to 65,594 shares valued at approximately $7.75 million. Institutional investors collectively own 87.96% of Xylem.
• Analysts maintain a generally positive outlook, with nine Buy ratings and six Holds producing a consensus “Moderate Buy” rating and an average price target of $155.
• Xylem exceeded quarterly earnings expectations, reporting $1.46 in EPS on $2.34 billion in revenue, while declaring a quarterly dividend of $0.43 per share, equivalent to a 1.6% annual yield.

Tidal Investments LLC grew its holdings in shares of Xylem Inc. (NYSE:XYL - Free Report) by 20.8% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 65,594 shares of the industrial products company's stock after purchasing an additional 11,305 shares during the quarter. Tidal Investments LLC's holdings in Xylem were worth $7,754,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of XYL. XXEC Inc. purchased a new stake in shares of Xylem during the 2nd quarter valued at approximately $850,841,000. J. Stern & Co. LLP raised its holdings in Xylem by 12,326.6% during the 4th quarter. J. Stern & Co. LLP now owns 45,448,168 shares of the industrial products company's stock valued at $6,189,132,000 after acquiring an additional 45,082,435 shares during the period. California State Teachers Retirement System raised its holdings in Xylem by 11,093.8% during the 2nd quarter. California State Teachers Retirement System now owns 44,361,731 shares of the industrial products company's stock valued at $5,244,000,000 after acquiring an additional 43,965,426 shares during the period. BlackRock Inc. purchased a new stake in shares of Xylem during the second quarter worth $2,959,730,000. Finally, Bank of New York Mellon Corp bought a new position in shares of Xylem in the second quarter worth $552,313,000. Hedge funds and other institutional investors own 87.96% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on XYL shares. Robert W. Baird lifted their price target on Xylem from $163.00 to $165.00 and gave the company an "outperform" rating in a research report on Wednesday, July 29th. Stifel Nicolaus raised 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. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Xylem in a report on Wednesday, August 5th. Royal Bank Of Canada upped their price target on Xylem from $159.00 to $164.00 and gave the company an "outperform" rating in a research report on Wednesday, July 29th. Finally, Mizuho increased their price target on shares of Xylem from $124.00 to $130.00 and gave the stock a "neutral" rating in a report on Wednesday, July 29th. Nine investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Xylem currently has a consensus rating of "Moderate Buy" and an average target price of $155.00.

Xylem Price Performance

Shares of Xylem stock opened at $106.99 on Friday. 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 firm has a market capitalization of $24.98 billion, a PE ratio of 25.47, a price-to-earnings-growth ratio of 1.72 and a beta of 1.00. The business's 50-day moving average price is $116.53 and its 200-day moving average price is $117.33. 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 released its earnings results on Tuesday, July 28th. The industrial products company reported $1.46 earnings per share for the quarter, topping analysts' consensus estimates of $1.34 by $0.12. The company had revenue of $2.34 billion during the quarter, compared to the consensus estimate of $2.34 billion. Xylem had a return on equity of 11.77% and a net margin of 11.15%.Xylem's quarterly revenue was up 1.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.26 EPS. Xylem has set its FY 2026 guidance at 5.550-5.700 EPS. Sell-side analysts forecast that Xylem Inc. will post 5.66 EPS for the current fiscal year.

Xylem Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 24th. Stockholders of record on Thursday, August 27th will be issued a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date is Thursday, August 27th. Xylem's payout ratio is presently 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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