Xylem Inc. $XYL Shares Sold by HighTower Advisors LLC

HighTower Advisors LLC decreased its position in shares of Xylem Inc. (NYSE:XYL - Free Report) by 2.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 80,245 shares of the industrial products company's stock after selling 2,388 shares during the quarter. HighTower Advisors LLC's holdings in Xylem were worth $9,586,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Dynamic Advisor Solutions LLC bought a new position in shares of Xylem in the first quarter valued at approximately $694,000. Farther Finance Advisors LLC raised its holdings in Xylem by 30.4% during the 1st quarter. Farther Finance Advisors LLC now owns 1,797 shares of the industrial products company's stock valued at $215,000 after acquiring an additional 419 shares during the period. NBC Securities Inc. bought a new stake in Xylem during the 1st quarter valued at $72,000. Cambridge Investment Research Advisors Inc. boosted its holdings in Xylem by 19.4% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 27,215 shares of the industrial products company's stock valued at $3,251,000 after purchasing an additional 4,429 shares during the period. Finally, GAMMA Investing LLC boosted its holdings in Xylem by 29.1% in the 1st quarter. GAMMA Investing LLC now owns 4,241 shares of the industrial products company's stock valued at $507,000 after purchasing an additional 956 shares during the period. Institutional investors own 87.96% of the company's stock.

Xylem Price Performance

XYL stock traded down $0.0180 during trading on Wednesday, hitting $141.8120. 1,234,814 shares of the company's stock traded hands, compared to its average volume of 1,472,939. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.43 and a current ratio of 1.90. Xylem Inc. has a 52 week low of $100.47 and a 52 week high of $145.33. The stock has a market capitalization of $34.52 billion, a price-to-earnings ratio of 36.83, a P/E/G ratio of 2.44 and a beta of 1.11. The business has a fifty day simple moving average of $133.35 and a 200 day simple moving average of $126.12.

Xylem (NYSE:XYL - Get Free Report) last released its earnings results on Thursday, July 31st. The industrial products company reported $1.26 earnings per share for the quarter, topping the consensus estimate of $1.15 by $0.11. The business 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%.The business's revenue for the quarter was up 6.1% compared to the same quarter last year. During the same period last year, the company earned $1.09 earnings per share. Xylem has set its FY 2025 guidance at 4.700-4.850 EPS. As a group, research analysts expect that Xylem Inc. will post 4.65 EPS for the current fiscal year.

Xylem Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 25th. Shareholders of record on Thursday, August 28th will be paid a $0.40 dividend. The ex-dividend date of this dividend is Thursday, August 28th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.1%. Xylem's dividend payout ratio (DPR) is 41.56%.

Analyst Ratings Changes

XYL has been the topic of a number of research analyst reports. Raymond James Financial raised shares of Xylem to a "hold" rating in a report on Thursday, May 15th. Robert W. Baird cut their target price on shares of Xylem from $149.00 to $146.00 and set an "outperform" rating on the stock in a report on Wednesday, April 30th. UBS Group lifted their price target on Xylem from $164.00 to $168.00 and gave the company a "buy" rating in a research report on Tuesday, August 5th. 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. Finally, Wall Street Zen raised Xylem from a "hold" rating to a "buy" rating in a report on Saturday, August 9th. Six equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $151.57.

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.