Tocqueville Asset Management L.P. Acquires New Position in Xylem Inc. $XYL

Key Points

• Tocqueville Asset Management initiated a position in Xylem during the second quarter, purchasing 18,100 shares valued at approximately $2.14 million. Institutional investors collectively own 87.96% of the company.
• Xylem reported quarterly EPS of $1.46, exceeding analyst estimates of $1.34, while revenue rose 1.5% year over year to $2.34 billion. The company guided to fiscal 2026 EPS of $5.55 to $5.70.
• Xylem declared a quarterly dividend of $0.43 per share, representing a 1.5% annualized yield. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $154.23.

Tocqueville Asset Management L.P. bought a new position in Xylem Inc. (NYSE:XYL - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 18,100 shares of the industrial products company's stock, valued at approximately $2,140,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. AQR Capital Management LLC raised its holdings in Xylem by 14.4% in the 1st quarter. AQR Capital Management LLC now owns 30,955 shares of the industrial products company's stock worth $3,645,000 after acquiring an additional 3,900 shares during the last quarter. NewEdge Advisors LLC boosted its stake in Xylem by 3.3% during the 1st quarter. NewEdge Advisors LLC now owns 4,151 shares of the industrial products company's stock valued at $496,000 after purchasing an additional 132 shares during the last quarter. Empowered Funds LLC boosted its stake in Xylem by 56.1% during the 1st 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 last quarter. Arrowstreet Capital Limited Partnership increased its holdings in shares of Xylem by 97.6% in the 2nd 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 in the last quarter. Finally, EverSource Wealth Advisors LLC raised its stake in shares of Xylem by 114.0% in the second quarter. EverSource Wealth Advisors LLC now owns 1,192 shares of the industrial products company's stock worth $154,000 after purchasing an additional 635 shares during the last quarter. Institutional investors own 87.96% of the company's stock.

Xylem Stock Performance

XYL stock opened at $113.42 on Friday. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.61 and a quick ratio of 1.24. Xylem Inc. has a 1 year low of $105.29 and a 1 year high of $154.27. The company has a market cap of $26.48 billion, a P/E ratio of 27.00, a price-to-earnings-growth ratio of 1.61 and a beta of 1.02. The stock's fifty day moving average price is $117.96 and its 200-day moving average price is $119.86.

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

Xylem Dividend Announcement

The firm also recently declared 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 annualized dividend and a dividend yield of 1.5%. Xylem's dividend payout ratio is presently 40.95%.

Analyst Ratings Changes

XYL has been the topic of a number of research analyst reports. 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 report on Wednesday, July 29th. Oppenheimer reduced their price objective on Xylem from $160.00 to $158.00 and set an "outperform" rating for the company in a report on Wednesday, April 29th. Jefferies Financial Group raised Xylem from a "hold" rating to a "buy" rating and boosted their target price for the stock from $130.00 to $140.00 in a research report on Thursday, June 25th. 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 note on Wednesday, July 29th. Finally, Mizuho boosted their price objective on shares of Xylem from $124.00 to $130.00 and gave the company a "neutral" rating in a report on Wednesday, July 29th. Nine equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target 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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