Xylem Inc. $XYL Stock Acquired by Perpetual Ltd

Key Points

• Perpetual Ltd increased its Xylem stake by 10.2% in the third quarter, acquiring 11,993 additional shares and bringing its holdings to 129,946 shares valued at approximately $13.16 million. Institutional investors collectively own 87.96% of Xylem.
• Xylem shares opened at $102.56, near their 12-month low of $98.58 and below their 50-day and 200-day moving averages. The company reported quarterly EPS of $1.46, exceeding analyst expectations, while revenue rose 1.5% year over year to $2.34 billion.
• The company maintains a quarterly dividend of $0.43, equivalent to a 1.7% annualized yield. Analysts give Xylem a consensus “Moderate Buy” rating with an average price target of $151.46.

Perpetual Ltd boosted its position in Xylem Inc. (NYSE:XYL - Free Report) by 10.2% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 129,946 shares of the industrial products company's stock after acquiring an additional 11,993 shares during the period. Perpetual Ltd owned 0.06% of Xylem worth $13,160,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Dunhill Financial LLC bought a new position in shares of Xylem during the second quarter valued at about $30,000. Avalon Trust Co purchased a new stake in shares of Xylem during the second quarter worth about $35,000. Orion Capital Management LLC bought a new stake in shares of Xylem in the second quarter worth about $35,000. Aventus Investment Advisors Inc. grew its stake in shares of Xylem by 66.7% in the second quarter. Aventus Investment Advisors Inc. now owns 300 shares of the industrial products company's stock worth $35,000 after purchasing an additional 120 shares during the last quarter. Finally, Global Assets Advisory LLC purchased a new position in Xylem during the 1st quarter valued at about $40,000. Institutional investors own 87.96% of the company's stock.

Xylem Stock Down 0.1%

Shares of NYSE XYL opened at $102.56 on Tuesday. The firm has a fifty day simple moving average of $109.85 and a two-hundred day simple moving average of $114.32. Xylem Inc. has a 12 month low of $98.58 and a 12 month high of $154.27. The company has a current ratio of 1.61, a quick ratio of 1.24 and a debt-to-equity ratio of 0.23. The firm has a market capitalization of $23.95 billion, a PE ratio of 24.42, a price-to-earnings-growth ratio of 1.65 and a beta of 1.00.

Xylem (NYSE:XYL - Get Free Report) last announced its earnings results on Tuesday, July 28th. The industrial products company reported $1.46 earnings per share for the quarter, beating analysts' consensus estimates of $1.34 by $0.12. Xylem had a net margin of 11.15% and a return on equity of 11.77%. The firm had revenue of $2.34 billion for the quarter, compared to analyst estimates of $2.34 billion. During the same quarter in the previous year, the firm posted $1.26 EPS. The company's revenue for the quarter was up 1.5% compared to the same quarter last year. Xylem has set its FY 2026 guidance at 5.550-5.700 EPS. Equities analysts expect that Xylem Inc. will post 5.66 earnings per share for the current year.

Xylem Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 24th. Shareholders of record on Thursday, August 27th were issued a $0.43 dividend. The ex-dividend date was Thursday, August 27th. This represents a $1.72 annualized dividend and a yield of 1.7%. Xylem's dividend payout ratio (DPR) is 40.95%.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the company. Barclays upped their price target on Xylem from $154.00 to $159.00 and gave the company an "overweight" rating in a research report on Wednesday, July 29th. Wolfe Research assumed coverage on Xylem in a report on Tuesday, September 15th. They issued a "peer perform" rating for the company. Robert W. Baird lifted their price objective on Xylem from $163.00 to $165.00 and gave the stock an "outperform" rating in a research report on Wednesday, July 29th. Mizuho boosted their target price on Xylem from $124.00 to $130.00 and gave the company a "neutral" rating in a research note on Wednesday, July 29th. Finally, Royal Bank Of Canada boosted their target price on Xylem from $159.00 to $164.00 and gave the company an "outperform" rating in a research note on Wednesday, July 29th. Nine investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $151.46.

About Xylem

Xylem Inc NYSE: XYL is a global water technology company that develops products, services and solutions for the movement, treatment, testing and efficient use of water. Its offerings serve municipal water and wastewater systems, utilities, industrial customers, commercial buildings and other infrastructure operators.

The company's portfolio includes water and wastewater pumps, mixing and aeration equipment, treatment systems, measurement and monitoring technologies, smart metering, network-management software, and related services.

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