BLI Banque de Luxembourg Investments Purchases Shares of 90,051 Xylem Inc. $XYL

BLI Banque de Luxembourg Investments purchased a new stake in Xylem Inc. (NYSE:XYL) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 90,051 shares of the industrial products company’s stock, valued at approximately $12,389,000.

Several other large investors also recently modified their holdings of the company. Commonwealth Retirement Investments LLC acquired a new stake in shares of Xylem during the fourth quarter worth $27,000. TIAA Trust National Association increased its position in shares of Xylem by 10.5% during the fourth quarter. TIAA Trust National Association now owns 2,938 shares of the industrial products company’s stock worth $400,000 after buying an additional 278 shares during the period. Cerity Partners LLC increased its position in shares of Xylem by 9.3% during the fourth quarter. Cerity Partners LLC now owns 371,419 shares of the industrial products company’s stock worth $50,580,000 after buying an additional 31,681 shares during the period. LPL Financial LLC increased its position in shares of Xylem by 1.3% during the fourth quarter. LPL Financial LLC now owns 493,430 shares of the industrial products company’s stock worth $67,195,000 after buying an additional 6,182 shares during the period. Finally, Franklin Resources Inc. grew its holdings in Xylem by 0.6% in the fourth quarter. Franklin Resources Inc. now owns 1,787,994 shares of the industrial products company’s stock worth $243,489,000 after purchasing an additional 10,314 shares during the period. 87.96% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Xylem

In related news, CAO Geri-Michelle Mcshane sold 4,269 shares of the firm’s stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $117.46, for a total transaction of $501,436.74. Following the completion of the sale, the chief accounting officer owned 3,605 shares in the company, valued at approximately $423,443.30. This trade represents a 54.22% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Jerome A. Peribere acquired 1,210 shares of the firm’s stock in a transaction that occurred on Monday, May 4th. The shares were bought at an average price of $116.61 per share, with a total value of $141,098.10. Following the acquisition, the director directly owned 27,209 shares of the company’s stock, valued at $3,172,841.49. The trade was a 4.65% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 0.32% of the stock is owned by company insiders.

Xylem Stock Down 0.3%

XYL opened at $109.61 on Tuesday. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.46 and a quick ratio of 1.10. The company’s 50-day moving average is $116.56 and its 200 day moving average is $128.11. Xylem Inc. has a fifty-two week low of $105.29 and a fifty-two week high of $154.27. The firm has a market capitalization of $26.05 billion, a P/E ratio of 27.27, a PEG ratio of 1.56 and a beta of 1.05.

Xylem (NYSE:XYL) last released its quarterly earnings results on Tuesday, April 28th. The industrial products company reported $1.12 earnings per share for the quarter, beating analysts’ consensus estimates of $1.09 by $0.03. Xylem had a net margin of 10.79% and a return on equity of 11.26%. The company had revenue of $2.13 billion for the quarter, compared to analyst estimates of $2.11 billion. During the same period last year, the firm earned $1.03 earnings per share. The firm’s revenue was up 2.7% on a year-over-year basis. Xylem has set its FY 2026 guidance at 5.350-5.600 EPS. Research analysts expect that Xylem Inc. will post 5.51 earnings per share for the current fiscal year.

Xylem announced that its board has initiated a share repurchase program on Wednesday, February 25th that authorizes the company to buyback $1.50 billion in shares. This buyback authorization authorizes the industrial products company to reacquire up to 4.8% of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s board believes its stock is undervalued.

Xylem Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Thursday, May 28th will be given a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend is Thursday, May 28th. Xylem’s dividend payout ratio (DPR) is presently 42.79%.

Analyst Ratings Changes

A number of equities research analysts have commented on the stock. Jefferies Financial Group restated a “hold” rating and issued a $130.00 price target (down from $140.00) on shares of Xylem in a report on Tuesday, March 31st. Mizuho set a $138.00 price target on shares of Xylem in a report on Wednesday, February 11th. Citigroup dropped their price objective on shares of Xylem from $174.00 to $168.00 and set a “buy” rating on the stock in a research note on Wednesday, April 29th. Robert W. Baird set a $161.00 price objective on shares of Xylem in a research note on Wednesday, February 11th. Finally, The Goldman Sachs Group set a $158.00 price objective on shares of Xylem in a research note on Wednesday, February 11th. Seven analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $152.77.

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.