United Services Automobile Association Invests $655,000 in Xylem Inc. $XYL

Key Points

• United Services Automobile Association invested approximately $655,000 in Xylem Inc., acquiring 5,485 shares in the first quarter.
• Xylem has announced a quarterly dividend of $0.40 per share, with a yield of 1.2% and a dividend payout ratio of 41.56%.
• The company reported $1.26 EPS for the last quarter, exceeding analysts' expectations, and has set its FY 2025 guidance at $4.700-4.850 EPS.

United Services Automobile Association bought a new position in Xylem Inc. (NYSE:XYL - Free Report) in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 5,485 shares of the industrial products company's stock, valued at approximately $655,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Center for Financial Planning Inc. boosted its holdings in Xylem by 52.0% in the first quarter. Center for Financial Planning Inc. now owns 266 shares of the industrial products company's stock worth $32,000 after acquiring an additional 91 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. boosted its holdings in Xylem by 3.0% in the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 3,450 shares of the industrial products company's stock worth $412,000 after acquiring an additional 99 shares in the last quarter. Valley National Advisers Inc. boosted its holdings in Xylem by 84.9% in the first quarter. Valley National Advisers Inc. now owns 220 shares of the industrial products company's stock worth $26,000 after acquiring an additional 101 shares in the last quarter. Ascent Wealth Partners LLC boosted its holdings in Xylem by 0.7% in the first quarter. Ascent Wealth Partners LLC now owns 14,229 shares of the industrial products company's stock worth $1,700,000 after acquiring an additional 101 shares in the last quarter. Finally, Blue Trust Inc. boosted its holdings in Xylem by 25.1% in the first quarter. Blue Trust Inc. now owns 539 shares of the industrial products company's stock worth $64,000 after acquiring an additional 108 shares in the last quarter. Institutional investors and hedge funds own 87.96% of the company's stock.

Xylem Stock Performance

Shares of XYL opened at $137.48 on Wednesday. The company has a current ratio of 1.90, a quick ratio of 1.43 and a debt-to-equity ratio of 0.17. The company has a market capitalization of $33.46 billion, a price-to-earnings ratio of 35.71, a PEG ratio of 2.42 and a beta of 1.09. The stock has a 50 day moving average of $137.70 and a 200 day moving average of $127.36. Xylem Inc. has a 12 month low of $100.47 and a 12 month high of $145.33.

Xylem (NYSE:XYL - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The industrial products company reported $1.26 EPS for the quarter, beating analysts' consensus estimates of $1.15 by $0.11. The company had revenue of $2.30 billion during the quarter, compared to the consensus estimate of $2.20 billion. Xylem had a return on equity of 10.33% and a net margin of 10.74%.Xylem's revenue was up 6.1% on a year-over-year basis. During the same period last year, the business posted $1.09 earnings per share. Xylem has set its FY 2025 guidance at 4.700-4.850 EPS. As a group, sell-side analysts forecast that Xylem Inc. will post 4.65 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 25th. Shareholders of record on Thursday, August 28th will be given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Thursday, August 28th. Xylem's dividend payout ratio (DPR) is currently 41.56%.

Insider Transactions at Xylem

In other Xylem news, CAO Geri-Michelle Mcshane sold 1,000 shares of the firm's stock in a transaction on Friday, September 5th. The stock was sold at an average price of $139.96, for a total value of $139,960.00. Following the completion of the sale, the chief accounting officer directly owned 2,957 shares of the company's stock, valued at $413,861.72. This trade represents a 25.27% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.27% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

XYL has been the topic of a number of recent research reports. Stifel Nicolaus raised their target price on Xylem from $162.00 to $175.00 and gave the company a "buy" rating in a report on Friday, August 1st. Raymond James Financial upgraded Xylem to a "hold" rating in a report on Thursday, May 15th. JPMorgan Chase & Co. initiated coverage on Xylem in a report on Friday, May 30th. They issued an "overweight" rating and a $148.00 target price on the stock. TD Cowen raised their target price on Xylem from $125.00 to $130.00 and gave the company a "hold" rating in a report on Tuesday, August 26th. Finally, Citigroup restated a "buy" rating and issued a $152.00 target price (up previously from $137.00) on shares of Xylem in a report on Monday, July 14th. Six analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, Xylem presently has an average rating of "Moderate Buy" and a consensus price target of $152.29.

About Xylem

Xylem Inc, together with its subsidiaries, engages in the design, manufacture, and servicing of engineered products and solutions worldwide. It operates through four segments: Water Infrastructure, Applied Water, Measurement & Control Solutions, and Integrated Solutions and Services. The Water Infrastructure segment offers products, including water, storm water, and wastewater pumps; controls and systems; filtration, disinfection, and biological treatment equipment; and mobile dewatering equipment and rental services under the ADI, Flygt, Godwin, Sanitaire, Magneto, Neptune Benson, Ionpure, Leopold, Wedeco, and Xylem Vue brands.

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