Xylem Inc. $XYL Shares Bought by ASR Vermogensbeheer N.V.

Key Points

• ASR Vermogensbeheer N.V. increased its stake in Xylem Inc. by 0.6%, owning approximately 0.11% of the company valued at $34.2 million following their acquisition of 1,700 additional shares.
• Xylem's recent earnings report showed earnings per share (EPS) of $1.26, surpassing analyst expectations, with a projected EPS of $4.65 for the current fiscal year.
• The company declared a quarterly dividend of $0.40 per share, resulting in an annualized dividend yield of 1.1% and a payout ratio of 41.56%.

ASR Vermogensbeheer N.V. boosted its holdings in shares of Xylem Inc. (NYSE:XYL - Free Report) by 0.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 264,661 shares of the industrial products company's stock after buying an additional 1,700 shares during the period. ASR Vermogensbeheer N.V. owned approximately 0.11% of Xylem worth $34,236,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in XYL. Hanson & Doremus Investment Management lifted its position in shares of Xylem by 0.9% in the second quarter. Hanson & Doremus Investment Management now owns 8,516 shares of the industrial products company's stock valued at $1,102,000 after acquiring an additional 77 shares in the last quarter. Center for Financial Planning Inc. lifted its position in shares of Xylem by 52.0% in the first quarter. Center for Financial Planning Inc. now owns 266 shares of the industrial products company's stock valued at $32,000 after acquiring an additional 91 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. lifted its position in shares of 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 valued at $412,000 after acquiring an additional 99 shares in the last quarter. Valley National Advisers Inc. lifted its position in shares of Xylem by 84.9% in the first quarter. Valley National Advisers Inc. now owns 220 shares of the industrial products company's stock valued at $26,000 after acquiring an additional 101 shares in the last quarter. Finally, Ascent Wealth Partners LLC increased its holdings in shares of Xylem by 0.7% in the first quarter. Ascent Wealth Partners LLC now owns 14,229 shares of the industrial products company's stock valued at $1,700,000 after purchasing an additional 101 shares during the last quarter. 87.96% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Xylem

In other news, CAO Geri-Michelle Mcshane sold 1,000 shares of Xylem 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 approximately $413,861.72. The trade was a 25.27% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders own 0.27% of the company's stock.

Xylem Price Performance

XYL stock opened at $148.02 on Thursday. The business has a fifty day moving average of $141.26 and a two-hundred day moving average of $129.05. The company has a quick ratio of 1.43, a current ratio of 1.90 and a debt-to-equity ratio of 0.17. The stock has a market cap of $36.03 billion, a price-to-earnings ratio of 38.45, a price-to-earnings-growth ratio of 2.55 and a beta of 1.13. Xylem Inc. has a 52-week low of $100.47 and a 52-week high of $148.12.

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

Xylem Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 25th. Stockholders of record on Thursday, August 28th were paid a $0.40 dividend. The ex-dividend date of this dividend was Thursday, August 28th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.1%. Xylem's payout ratio is presently 41.56%.

Analysts Set New Price Targets

Several equities research analysts recently commented on the company. Citigroup reaffirmed a "buy" rating and issued a $152.00 price target (up previously from $137.00) on shares of Xylem in a report on Monday, July 14th. Barclays assumed coverage on Xylem in a report on Friday, September 19th. They issued an "overweight" rating and a $165.00 price target for the company. Wall Street Zen raised Xylem from a "hold" rating to a "buy" rating in a report on Saturday, August 9th. Cowen reaffirmed a "hold" rating on shares of Xylem in a report on Tuesday, August 26th. Finally, TD Cowen increased their price target on Xylem from $125.00 to $130.00 and gave the company a "hold" rating in a report on Tuesday, August 26th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $152.33.

Xylem Profile

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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