Xylem Inc. (NYSE:XYL) Short Interest Update

Xylem Inc. (NYSE:XYL) was the recipient of a large growth in short interest in January. As of January 30th, there was short interest totaling 4,168,907 shares, a growth of 47.1% from the January 15th total of 2,834,326 shares. Approximately 1.7% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,619,422 shares, the days-to-cover ratio is presently 2.6 days. Based on an average daily trading volume, of 1,619,422 shares, the days-to-cover ratio is presently 2.6 days. Approximately 1.7% of the shares of the stock are sold short.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on XYL shares. Wall Street Zen downgraded Xylem from a “buy” rating to a “hold” rating in a research report on Saturday, December 27th. Weiss Ratings restated a “buy (b-)” rating on shares of Xylem in a report on Monday, December 29th. Stifel Nicolaus dropped their target price on shares of Xylem from $178.00 to $175.00 and set a “buy” rating for the company in a report on Wednesday, February 11th. TD Cowen reiterated a “hold” rating on shares of Xylem in a research report on Friday, December 5th. Finally, Zacks Research lowered shares of Xylem from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 18th. Nine analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $158.08.

Xylem Stock Up 1.6%

XYL stock opened at $128.14 on Tuesday. Xylem has a one year low of $100.47 and a one year high of $154.27. The firm has a market cap of $31.20 billion, a PE ratio of 32.69, a PEG ratio of 1.83 and a beta of 1.17. The firm’s 50 day moving average price is $138.28 and its 200-day moving average price is $142.01. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.28 and a current ratio of 1.62.

Xylem (NYSE:XYL) last posted its earnings results on Tuesday, February 10th. The industrial products company reported $1.42 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.42. The company had revenue of $2.40 billion during the quarter, compared to analysts’ expectations of $2.37 billion. Xylem had a return on equity of 11.11% and a net margin of 10.59%.The firm’s quarterly revenue was up 6.3% compared to the same quarter last year. During the same quarter last year, the firm earned $1.18 earnings per share. Xylem has set its FY 2026 guidance at 5.350-5.560 EPS. On average, equities research analysts anticipate that Xylem will post 4.65 EPS for the current year.

Xylem Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 24th. Shareholders of record on Tuesday, February 24th will be paid a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a yield of 1.3%. This is a positive change from Xylem’s previous quarterly dividend of $0.40. The ex-dividend date is Tuesday, February 24th. Xylem’s payout ratio is currently 40.82%.

Hedge Funds Weigh In On Xylem

Several hedge funds have recently bought and sold shares of XYL. State of Wyoming lifted its stake in Xylem by 10.4% in the third quarter. State of Wyoming now owns 756 shares of the industrial products company’s stock worth $112,000 after acquiring an additional 71 shares during the last quarter. Orion Porfolio Solutions LLC raised its holdings in shares of Xylem by 1.0% in the 3rd quarter. Orion Porfolio Solutions LLC now owns 7,802 shares of the industrial products company’s stock valued at $1,151,000 after purchasing an additional 74 shares in the last quarter. Journey Strategic Wealth LLC lifted its position in shares of Xylem by 1.5% during the 3rd quarter. Journey Strategic Wealth LLC now owns 5,107 shares of the industrial products company’s stock worth $753,000 after purchasing an additional 77 shares during the last quarter. Quest Investment Management LLC grew its stake in shares of Xylem by 1.0% during the third quarter. Quest Investment Management LLC now owns 7,588 shares of the industrial products company’s stock worth $1,119,000 after purchasing an additional 77 shares in the last quarter. Finally, Princeton Global Asset Management LLC increased its holdings in Xylem by 2.1% in the second quarter. Princeton Global Asset Management LLC now owns 3,801 shares of the industrial products company’s stock valued at $492,000 after buying an additional 79 shares during the last quarter. Institutional investors and hedge funds own 87.96% of the company’s stock.

Xylem Company Profile

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.