Van Lanschot Kempen Investment Management N.V. Has $6.80 Million Stock Position in Xylem Inc. $XYL

Key Points

• Van Lanschot Kempen Investment Management N.V. reduced its holdings in Xylem Inc. by 3.3%, now owning 56,935 shares valued at approximately $6.8 million.
• Analysts maintain a consensus rating of "Moderate Buy" for Xylem, with a price target of $151.57, following recent analyst upgrades from several brokerages.
• Xylem recently declared a quarterly dividend of $0.40 per share, which reflects an annual yield of 1.1% and a payout ratio of 41.56%.

Van Lanschot Kempen Investment Management N.V. lowered its stake in Xylem Inc. (NYSE:XYL - Free Report) by 3.3% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 56,935 shares of the industrial products company's stock after selling 1,973 shares during the quarter. Van Lanschot Kempen Investment Management N.V.'s holdings in Xylem were worth $6,801,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of the stock. Center for Financial Planning Inc. raised its stake in shares of Xylem by 52.0% in the 1st quarter. Center for Financial Planning Inc. now owns 266 shares of the industrial products company's stock worth $32,000 after buying an additional 91 shares in the last quarter. Keel Point LLC grew its holdings in shares of Xylem by 4.1% in the 4th quarter. Keel Point LLC now owns 2,371 shares of the industrial products company's stock worth $275,000 after acquiring an additional 93 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. grew its holdings in shares of Xylem by 3.0% in the 1st 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 during the last quarter. Valley National Advisers Inc. grew its holdings in shares of Xylem by 84.9% in the 1st 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 during the last quarter. Finally, Ascent Wealth Partners LLC grew its holdings in shares of Xylem by 0.7% in the 1st 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 during the last quarter. Institutional investors and hedge funds own 87.96% of the company's stock.

Wall Street Analyst Weigh In

XYL has been the topic of a number of recent research reports. Raymond James Financial upgraded Xylem to a "hold" rating in a report on Thursday, May 15th. Stifel Nicolaus lifted their target price on Xylem from $162.00 to $175.00 and gave the stock a "buy" rating in a report on Friday, August 1st. 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. Robert W. Baird decreased their target price on Xylem from $149.00 to $146.00 and set an "outperform" rating on the stock in a report on Wednesday, April 30th. Finally, Royal Bank Of Canada lifted their price target on Xylem from $143.00 to $147.00 and gave the company an "outperform" rating in a report on Wednesday, April 30th. Six research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $151.57.

Xylem Stock Performance

NYSE:XYL traded up $3.4010 during mid-day trading on Friday, hitting $143.6210. 1,186,118 shares of the company's stock traded hands, compared to its average volume of 1,212,842. The firm has a 50 day moving average of $134.27 and a two-hundred day moving average of $126.45. Xylem Inc. has a 12 month low of $100.47 and a 12 month high of $145.33. The firm has a market capitalization of $34.96 billion, a price-to-earnings ratio of 37.30, a price-to-earnings-growth ratio of 2.43 and a beta of 1.11. The company has a current ratio of 1.90, a quick ratio of 1.43 and a debt-to-equity ratio of 0.17.

Xylem (NYSE:XYL - Get Free Report) last announced its earnings results on Thursday, July 31st. The industrial products company reported $1.26 earnings per share for the quarter, beating the consensus estimate of $1.15 by $0.11. Xylem had a return on equity of 10.33% and a net margin of 10.74%.The firm had revenue of $2.30 billion during the quarter, compared to the consensus estimate of $2.20 billion. During the same quarter in the prior year, the company earned $1.09 EPS. The firm's revenue for the quarter was up 6.1% compared to the same quarter last year. Xylem has set its FY 2025 guidance at 4.700-4.850 EPS. On average, equities analysts forecast that Xylem Inc. will post 4.65 earnings per share for the current fiscal year.

Xylem Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 25th. Investors of record on Thursday, August 28th will be paid a dividend of $0.40 per share. The ex-dividend date is Thursday, August 28th. This represents a $1.60 annualized dividend and a yield of 1.1%. Xylem's dividend payout ratio is presently 41.56%.

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.