Capital Financial Group Inc. Co. ADV Invests $708,000 in Xylem Inc. $XYL

Capital Financial Group Inc. Co. ADV acquired a new position in shares of Xylem Inc. (NYSE:XYLFree Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 5,196 shares of the industrial products company’s stock, valued at approximately $708,000.

Other hedge funds also recently modified their holdings of the company. Fisher Asset Management LLC grew its stake in shares of Xylem by 6.4% during the third quarter. Fisher Asset Management LLC now owns 404,613 shares of the industrial products company’s stock valued at $59,681,000 after purchasing an additional 24,352 shares during the last quarter. LGT Capital Partners LTD. grew its stake in shares of Xylem by 18.4% during the third quarter. LGT Capital Partners LTD. now owns 268,704 shares of the industrial products company’s stock valued at $39,634,000 after purchasing an additional 41,730 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of Xylem by 2,309.7% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 431,824 shares of the industrial products company’s stock valued at $54,314,000 after purchasing an additional 413,904 shares during the last quarter. Abacus Wealth Partners LLC bought a new stake in shares of Xylem during the fourth quarter valued at approximately $1,663,000. Finally, Callahan Advisors LLC bought a new stake in shares of Xylem during the fourth quarter valued at approximately $1,721,000. Institutional investors and hedge funds own 87.96% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently commented on XYL. Stifel Nicolaus decreased their price target on shares of Xylem from $163.00 to $159.00 and set a “buy” rating on the stock in a research note on Wednesday, April 29th. TD Cowen reissued a “hold” rating on shares of Xylem in a research note on Monday, February 23rd. JPMorgan Chase & Co. decreased their price target on shares of Xylem from $170.00 to $160.00 and set an “overweight” rating on the stock in a research note on Thursday, April 16th. UBS Group increased their price target on shares of Xylem from $132.00 to $133.00 and gave the company a “neutral” rating in a research note on Wednesday, April 29th. Finally, Citigroup decreased their price target 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. Seven equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $152.77.

Check Out Our Latest Analysis on Xylem

Xylem Trading Up 0.9%

Shares of NYSE XYL opened at $111.03 on Tuesday. The company’s 50 day simple moving average is $115.57 and its 200 day simple moving average is $127.04. 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 $26.39 billion, a P/E ratio of 27.62, a P/E/G ratio of 1.57 and a beta of 1.05. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.46 and a quick ratio of 1.10.

Xylem (NYSE:XYLGet Free Report) last announced its quarterly earnings data on Tuesday, April 28th. The industrial products company reported $1.12 earnings per share for the quarter, beating the consensus estimate of $1.09 by $0.03. Xylem had a net margin of 10.79% and a return on equity of 11.26%. The business had revenue of $2.13 billion for the quarter, compared to analyst estimates of $2.11 billion. During the same period in the prior year, the business posted $1.03 earnings per share. Xylem’s revenue was up 2.7% compared to the same quarter last year. Xylem has set its FY 2026 guidance at 5.350-5.600 EPS. On average, analysts predict that Xylem Inc. will post 5.51 EPS for the current year.

Xylem Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Thursday, May 28th will be issued a $0.43 dividend. This represents a $1.72 annualized dividend and a yield of 1.5%. The ex-dividend date is Thursday, May 28th. Xylem’s dividend payout ratio is currently 42.79%.

Xylem announced that its Board of Directors has initiated a stock repurchase program on Wednesday, February 25th that allows the company to repurchase $1.50 billion in shares. This repurchase authorization allows the industrial products company to purchase up to 4.8% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company’s board of directors believes its shares are undervalued.

Insider Buying and Selling at Xylem

In other news, Director Jerome A. Peribere purchased 1,210 shares of Xylem stock in a transaction dated Monday, May 4th. The shares were bought at an average cost of $116.61 per share, with a total value of $141,098.10. Following the completion of the transaction, the director directly owned 27,209 shares in the company, valued at $3,172,841.49. This trade represents a 4.65% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Geri-Michelle Mcshane sold 4,269 shares of the business’s stock in a transaction on 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 transaction, the chief accounting officer directly owned 3,605 shares of the company’s stock, valued at $423,443.30. This trade represents a 54.22% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.32% of the company’s stock.

Xylem Company Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Xylem (NYSE:XYL)

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