AlphaQuest LLC Raises Holdings in Xylem Inc. $XYL

AlphaQuest LLC boosted its stake in shares of Xylem Inc. (NYSE:XYL) by 399.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 31,585 shares of the industrial products company’s stock after purchasing an additional 25,256 shares during the quarter. Xylem makes up 0.2% of AlphaQuest LLC’s investment portfolio, making the stock its 27th biggest holding. AlphaQuest LLC’s holdings in Xylem were worth $4,301,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently bought and sold shares of the company. Knuff & Co LLC purchased a new stake in Xylem during the 3rd quarter worth about $27,000. Wexford Capital LP purchased a new stake in Xylem during the 3rd quarter worth about $27,000. Ramirez Asset Management Inc. increased its holdings in Xylem by 100.0% during the 3rd quarter. Ramirez Asset Management Inc. now owns 200 shares of the industrial products company’s stock worth $30,000 after purchasing an additional 100 shares during the period. Board of the Pension Protection Fund purchased a new stake in Xylem during the 4th quarter worth about $27,000. Finally, Root Financial Partners LLC purchased a new stake in Xylem during the 3rd quarter worth about $46,000. Hedge funds and other institutional investors own 87.96% of the company’s stock.

Insider Buying and Selling

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

Xylem Stock Up 0.1%

Shares of NYSE XYL opened at $110.41 on Tuesday. Xylem Inc. has a 52-week low of $105.29 and a 52-week high of $154.27. The business has a 50-day moving average price of $118.69 and a 200 day moving average price of $130.76. The company has a quick ratio of 1.10, a current ratio of 1.46 and a debt-to-equity ratio of 0.13. The stock has a market cap of $26.24 billion, a PE ratio of 27.46, a price-to-earnings-growth ratio of 1.57 and a beta of 1.08.

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

Xylem announced that its board has authorized 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 purchase up to 4.8% of its shares through open market purchases. Shares buyback programs are generally a sign that the company’s management believes its shares are undervalued.

Xylem Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders 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 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%.

Wall Street Analyst Weigh In

XYL has been the topic of several recent research reports. Weiss Ratings downgraded Xylem from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, May 8th. TD Cowen reaffirmed a “hold” rating on shares of Xylem in a research report on Monday, February 23rd. Oppenheimer lowered their price objective on Xylem from $160.00 to $158.00 and set an “outperform” rating for the company in a research report on Wednesday, April 29th. Citigroup lowered their price objective on Xylem from $174.00 to $168.00 and set a “buy” rating for the company in a research report on Wednesday, April 29th. Finally, The Goldman Sachs Group set a $158.00 price objective on Xylem in a research report on Wednesday, February 11th. Seven investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $152.77.

About Xylem

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.