ABN Amro Investment Solutions Purchases 128,480 Shares of Xylem Inc. $XYL

ABN Amro Investment Solutions boosted its position in Xylem Inc. (NYSE:XYLFree Report) by 53.1% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 370,627 shares of the industrial products company’s stock after purchasing an additional 128,480 shares during the quarter. ABN Amro Investment Solutions’ holdings in Xylem were worth $44,290,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Orion Porfolio Solutions LLC lifted its holdings in shares of Xylem by 1.0% during the third quarter. Orion Porfolio Solutions LLC now owns 7,802 shares of the industrial products company’s stock worth $1,151,000 after buying an additional 74 shares in the last quarter. Quest Investment Management LLC grew its stake in shares of Xylem by 1.0% in the third quarter. Quest Investment Management LLC now owns 7,588 shares of the industrial products company’s stock valued at $1,119,000 after acquiring an additional 77 shares in the last quarter. SWS Partners increased its position in Xylem by 1.1% during the fourth quarter. SWS Partners now owns 7,402 shares of the industrial products company’s stock worth $1,008,000 after acquiring an additional 82 shares during the period. Notis McConarty Edward raised its stake in Xylem by 0.3% in the 4th quarter. Notis McConarty Edward now owns 31,678 shares of the industrial products company’s stock worth $4,314,000 after purchasing an additional 86 shares in the last quarter. Finally, Moneco Advisors LLC boosted its holdings in Xylem by 4.6% in the 4th quarter. Moneco Advisors LLC now owns 2,049 shares of the industrial products company’s stock valued at $279,000 after purchasing an additional 90 shares during the period. Institutional investors own 87.96% of the company’s stock.

Insider Buying and Selling

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

Xylem Stock Down 3.1%

Shares of XYL opened at $116.91 on Wednesday. The firm has a 50 day simple moving average of $113.51 and a two-hundred day simple moving average of $123.12. 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 Inc. has a one year low of $105.29 and a one year high of $154.27. The company has a market cap of $27.79 billion, a P/E ratio of 29.08, a P/E/G ratio of 1.72 and a beta of 1.03.

Xylem (NYSE:XYLGet Free Report) last posted its quarterly earnings results on Tuesday, April 28th. The industrial products company reported $1.12 EPS for the quarter, topping analysts’ consensus estimates of $1.09 by $0.03. The company had revenue of $2.12 billion during the quarter, compared to analysts’ expectations of $2.11 billion. Xylem had a return on equity of 11.26% and a net margin of 10.79%.Xylem’s revenue was up 2.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.03 EPS. Xylem has set its FY 2026 guidance at 5.350-5.600 EPS. Research analysts forecast that Xylem Inc. will post 5.51 EPS for the current fiscal year.

Xylem Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Thursday, May 28th were issued a dividend of $0.43 per share. The ex-dividend date of this dividend was Thursday, May 28th. This represents a $1.72 annualized dividend and a dividend yield of 1.5%. Xylem’s payout ratio is 42.79%.

Analysts Set New Price Targets

A number of research analysts have issued reports on XYL shares. Weiss Ratings lowered shares of Xylem from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, May 8th. UBS Group boosted their price target on Xylem from $132.00 to $133.00 and gave the company a “neutral” rating in a research note on Wednesday, April 29th. Royal Bank Of Canada increased their price target on Xylem from $157.00 to $159.00 and gave the stock an “outperform” rating in a research report on Thursday, July 16th. Barclays dropped their price objective on Xylem from $156.00 to $154.00 and set an “overweight” rating for the company in a report on Wednesday, April 29th. Finally, Oppenheimer cut their target price on Xylem from $160.00 to $158.00 and set an “outperform” rating for the company in a research report on Wednesday, April 29th. Eight analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $153.15.

Get Our Latest Stock Report on Xylem

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.

See Also

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Institutional Ownership by Quarter for Xylem (NYSE:XYL)

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