Boston Common Asset Management LLC Buys 19,073 Shares of Xylem Inc. $XYL

Boston Common Asset Management LLC raised its position in shares of Xylem Inc. (NYSE:XYL) by 15.3% in the 4th quarter, Holdings Channel.com reports. The firm owned 143,740 shares of the industrial products company’s stock after acquiring an additional 19,073 shares during the quarter. Xylem comprises 1.0% of Boston Common Asset Management LLC’s holdings, making the stock its 25th biggest holding. Boston Common Asset Management LLC’s holdings in Xylem were worth $19,575,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Ferguson Wellman Capital Management Inc. bought a new position in shares of Xylem during the third quarter valued at approximately $1,148,000. Vanguard Personalized Indexing Management LLC grew its holdings in Xylem by 19.0% in the third quarter. Vanguard Personalized Indexing Management LLC now owns 56,216 shares of the industrial products company’s stock worth $8,292,000 after purchasing an additional 8,960 shares during the period. Fisher Asset Management LLC grew its stake in shares of Xylem by 6.4% in the 3rd quarter. Fisher Asset Management LLC now owns 404,613 shares of the industrial products company’s stock worth $59,681,000 after buying an additional 24,352 shares during the last quarter. XXEC Inc. grew its stake in shares of Xylem by 66.0% in the second quarter. XXEC Inc. now owns 33,698 shares of the industrial products company’s stock worth $4,359,000 after acquiring an additional 13,404 shares during the last quarter. Finally, Covea Finance increased its stake in Xylem by 25.5% during the 3rd quarter. Covea Finance now owns 231,547 shares of the industrial products company’s stock valued at $34,153,000 after purchasing an additional 47,000 shares in the last quarter. 87.96% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the company. UBS Group reaffirmed a “buy” rating and set a $155.00 price target on shares of Xylem in a report on Friday, February 13th. Oppenheimer set a $165.00 target price on Xylem in a report on Thursday, February 12th. William Blair initiated coverage on shares of Xylem in a report on Monday, January 26th. They set an “outperform” rating on the stock. Citigroup cut their target price on Xylem from $182.00 to $174.00 and set a “buy” rating for the company in a research report on Wednesday, February 11th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Xylem in a research report on Monday, December 29th. Nine research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $158.08.

Xylem Stock Performance

Shares of NYSE:XYL opened at $116.14 on Tuesday. The company has a market capitalization of $28.24 billion, a price-to-earnings ratio of 29.63, a PEG ratio of 1.68 and a beta of 1.17. Xylem Inc. has a 12 month low of $100.47 and a 12 month high of $154.27. The firm’s 50-day moving average is $129.20 and its 200 day moving average is $138.24. The company has a current ratio of 1.62, a quick ratio of 1.28 and a debt-to-equity ratio of 0.12.

Xylem (NYSE:XYL) last announced its quarterly earnings data on Tuesday, February 10th. The industrial products company reported $1.42 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.42. Xylem had a net margin of 10.59% and a return on equity of 11.11%. The firm’s revenue for the quarter was up 6.3% on a year-over-year basis. During the same quarter last year, the business posted $1.18 earnings per share. Xylem has set its FY 2026 guidance at 5.350-5.560 EPS. Research analysts predict that Xylem Inc. will post 4.65 EPS for the current year.

Xylem Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 24th. Investors of record on Tuesday, February 24th were issued a dividend of $0.43 per share. The ex-dividend date of this dividend was Tuesday, February 24th. This is a positive change from Xylem’s previous quarterly dividend of $0.40. This represents a $1.72 annualized dividend and a yield of 1.5%. Xylem’s dividend payout ratio is 43.88%.

Xylem announced that its board has approved a share buyback plan on Wednesday, February 25th that permits the company to buyback $1.50 billion in shares. This buyback authorization permits the industrial products company to reacquire up to 4.8% of its shares through open market purchases. Shares buyback plans are usually a sign that the company’s leadership believes its stock is undervalued.

Xylem 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.