Xylem Inc. $XYL Shares Sold by Dnca Finance

Dnca Finance decreased its holdings in Xylem Inc. (NYSE:XYL) by 8.9% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 87,500 shares of the industrial products company’s stock after selling 8,500 shares during the period. Dnca Finance’s holdings in Xylem were worth $11,319,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Maseco LLP acquired a new stake in shares of Xylem in the second quarter valued at approximately $31,000. ST Germain D J Co. Inc. increased its stake in shares of Xylem by 950.0% in the 2nd quarter. ST Germain D J Co. Inc. now owns 252 shares of the industrial products company’s stock worth $33,000 after acquiring an additional 228 shares during the last quarter. Headlands Technologies LLC raised its holdings in shares of Xylem by 90.6% during the 1st quarter. Headlands Technologies LLC now owns 305 shares of the industrial products company’s stock worth $36,000 after acquiring an additional 145 shares during the period. Signature Resources Capital Management LLC acquired a new position in shares of Xylem during the 2nd quarter valued at about $39,000. Finally, Zions Bancorporation National Association UT purchased a new stake in shares of Xylem in the first quarter valued at about $40,000. 87.96% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Xylem news, EVP Claudia S. Toussaint sold 10,421 shares of the stock in a transaction dated Thursday, October 30th. The stock was sold at an average price of $152.64, for a total value of $1,590,661.44. Following the sale, the executive vice president owned 31,250 shares of the company’s stock, valued at $4,770,000. This trade represents a 25.01% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Victoria D. Harker sold 1,700 shares of the business’s stock in a transaction dated Tuesday, November 4th. The stock was sold at an average price of $148.14, for a total value of $251,838.00. Following the transaction, the director directly owned 16,875 shares of the company’s stock, valued at approximately $2,499,862.50. This represents a 9.15% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.27% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on XYL shares. UBS Group boosted their target price on shares of Xylem from $168.00 to $175.00 and gave the company a “buy” rating in a report on Thursday, November 6th. TD Cowen upped their price objective on Xylem from $130.00 to $135.00 and gave the company a “hold” rating in a report on Friday. Barclays raised their target price on Xylem from $165.00 to $172.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 29th. Royal Bank Of Canada upped their price target on Xylem from $169.00 to $176.00 and gave the company an “outperform” rating in a research note on Wednesday, October 29th. Finally, Zacks Research cut Xylem from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 18th. Eight investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, Xylem has a consensus rating of “Moderate Buy” and an average price target of $167.40.

Xylem Trading Down 1.3%

XYL opened at $139.01 on Friday. Xylem Inc. has a 52 week low of $100.47 and a 52 week high of $154.27. The company has a quick ratio of 1.50, a current ratio of 1.96 and a debt-to-equity ratio of 0.17. The business has a fifty day simple moving average of $145.86 and a 200-day simple moving average of $138.59. The firm has a market cap of $33.85 billion, a P/E ratio of 35.74, a P/E/G ratio of 2.16 and a beta of 1.18.

Xylem (NYSE:XYL) last posted its quarterly earnings data on Tuesday, October 28th. The industrial products company reported $1.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.23 by $0.14. Xylem had a return on equity of 10.77% and a net margin of 10.66%.The firm had revenue of $2.27 billion for the quarter, compared to the consensus estimate of $2.22 billion. During the same quarter in the previous year, the business earned $1.11 EPS. The company’s quarterly revenue was up 7.8% compared to the same quarter last year. Xylem has set its FY 2025 guidance at 5.030-5.080 EPS. On average, equities analysts expect that Xylem Inc. will post 4.65 earnings per share for the current year.

Xylem Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 23rd. Stockholders of record on Tuesday, November 25th will be paid a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Tuesday, November 25th. Xylem’s dividend payout ratio (DPR) is presently 41.13%.

Xylem Company 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.