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Xylem Inc. $XYL Shares Acquired by Schroder Investment Management Group

Xylem logo with Business Services background
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Key Points

  • Schroder Investment Management dramatically increased its stake in Xylem by 2,055.2% in Q3, acquiring an additional 1,137,342 shares to hold 1,192,682 shares (about 0.49% of the company) valued at roughly $171.7 million.
  • Xylem announced a $1.5 billion share repurchase program (up to ~4.8% of outstanding shares) and raised its quarterly dividend to $0.43 (annualized $1.72, yield ~1.4%).
  • Operationally, Xylem reported Q results of $1.42 EPS (in line with estimates) and revenue up 6.3% YoY, set FY2026 EPS guidance of 5.350–5.560, and trades with a market cap near $30.0 billion while analysts hold a "Moderate Buy" consensus with an average target of $158.08.
  • MarketBeat previews the top five stocks to own by May 1st.

Schroder Investment Management Group lifted its stake in shares of Xylem Inc. (NYSE:XYL - Free Report) by 2,055.2% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,192,682 shares of the industrial products company's stock after buying an additional 1,137,342 shares during the period. Schroder Investment Management Group owned approximately 0.49% of Xylem worth $171,687,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its position in Xylem by 0.7% in the third quarter. Vanguard Group Inc. now owns 29,902,236 shares of the industrial products company's stock valued at $4,410,580,000 after buying an additional 204,407 shares during the last quarter. Geode Capital Management LLC raised its position in shares of Xylem by 2.3% in the second quarter. Geode Capital Management LLC now owns 6,141,231 shares of the industrial products company's stock worth $791,029,000 after acquiring an additional 136,605 shares during the period. Amundi increased its stake in shares of Xylem by 17.0% in the 2nd quarter. Amundi now owns 5,714,576 shares of the industrial products company's stock valued at $730,717,000 after purchasing an additional 830,337 shares in the last quarter. Impax Asset Management Group plc boosted its position in Xylem by 13.7% during the second quarter. Impax Asset Management Group plc now owns 5,499,688 shares of the industrial products company's stock worth $709,183,000 after purchasing an additional 663,191 shares in the last quarter. Finally, Swedbank AB boosted its position in Xylem by 19.0% during the third quarter. Swedbank AB now owns 5,197,753 shares of the industrial products company's stock worth $766,669,000 after purchasing an additional 830,821 shares in the last quarter. Institutional investors and hedge funds own 87.96% of the company's stock.

Xylem Stock Up 0.2%

Shares of NYSE XYL opened at $123.45 on Tuesday. The company has a market capitalization of $30.02 billion, a P/E ratio of 31.49, a P/E/G ratio of 1.76 and a beta of 1.17. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.62 and a quick ratio of 1.28. The company has a 50 day simple moving average of $135.21 and a 200-day simple moving average of $140.48. Xylem Inc. has a 1 year low of $100.47 and a 1 year high of $154.27.

Xylem (NYSE:XYL - Get Free Report) last released its quarterly earnings results on Tuesday, February 10th. The industrial products company reported $1.42 earnings per share for the quarter, hitting analysts' consensus estimates of $1.42. Xylem had a return on equity of 11.11% and a net margin of 10.59%.During the same quarter in the previous year, the firm posted $1.18 earnings per share. The company's revenue for the quarter was up 6.3% on a year-over-year basis. Xylem has set its FY 2026 guidance at 5.350-5.560 EPS. On average, equities research analysts predict that Xylem Inc. will post 4.65 earnings per share for the current year.

Xylem Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 24th. Stockholders of record on Tuesday, February 24th will be paid a $0.43 dividend. The ex-dividend date is Tuesday, February 24th. This is an increase from Xylem's previous quarterly dividend of $0.40. This represents a $1.72 annualized dividend and a dividend yield of 1.4%. Xylem's payout ratio is 43.88%.

Xylem announced that its board has initiated a share repurchase plan on Wednesday, February 25th that authorizes the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization authorizes the industrial products company to buy up to 4.8% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company's board of directors believes its shares are undervalued.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the stock. TD Cowen reissued a "hold" rating on shares of Xylem in a research note on Monday, February 23rd. Robert W. Baird set a $161.00 price objective on shares of Xylem in a report on Wednesday, February 11th. Barclays decreased their price target on shares of Xylem from $166.00 to $156.00 and set an "overweight" rating on the stock in a research note on Wednesday, February 11th. Citigroup reduced their target price on Xylem from $182.00 to $174.00 and set a "buy" rating for the company in a report on Wednesday, February 11th. Finally, The Goldman Sachs Group set a $158.00 price target on Xylem in a research report on Wednesday, February 11th. Nine equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $158.08.

Read Our Latest Research Report on XYL

Xylem Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Xylem (NYSE:XYL)

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