Allianz Asset Management GmbH Grows Stock Position in Xylem Inc. $XYL

Allianz Asset Management GmbH boosted its stake in Xylem Inc. (NYSE:XYL) by 35.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 612,252 shares of the industrial products company’s stock after acquiring an additional 160,476 shares during the quarter. Allianz Asset Management GmbH’s holdings in Xylem were worth $83,376,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Knuff & Co LLC purchased a new position in shares of Xylem during the 3rd quarter valued at approximately $27,000. Wexford Capital LP purchased a new position in shares of Xylem during the 3rd quarter valued at approximately $27,000. Board of the Pension Protection Fund purchased a new position in shares of Xylem during the 4th quarter valued at approximately $27,000. Commonwealth Retirement Investments LLC purchased a new position in shares of Xylem during the 4th quarter valued at approximately $27,000. Finally, Ramirez Asset Management Inc. boosted its stake in shares of Xylem by 100.0% during the 3rd quarter. Ramirez Asset Management Inc. now owns 200 shares of the industrial products company’s stock valued at $30,000 after buying an additional 100 shares during the last quarter. Hedge funds and other institutional investors own 87.96% of the company’s stock.

Insider Activity at Xylem

In other news, Director Jerome A. Peribere purchased 1,210 shares of the company’s stock in a transaction that occurred on Monday, May 4th. The shares were acquired 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 in the company, valued at approximately $3,172,841.49. The trade was a 4.65% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Geri-Michelle Mcshane sold 4,269 shares of the company’s 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 sale, the chief accounting officer directly owned 3,605 shares in the company, valued at approximately $423,443.30. This represents a 54.22% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.32% of the company’s stock.

Xylem Stock Performance

XYL stock opened at $107.34 on Thursday. The company has a current ratio of 1.46, a quick ratio of 1.10 and a debt-to-equity ratio of 0.13. The firm has a market cap of $25.51 billion, a P/E ratio of 26.70, a P/E/G ratio of 1.58 and a beta of 1.04. Xylem Inc. has a 12-month low of $105.29 and a 12-month high of $154.27. The stock’s 50 day simple moving average is $116.24 and its 200 day simple moving average is $127.70.

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

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

Xylem Dividend Announcement

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 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend is Thursday, May 28th. Xylem’s dividend payout ratio is currently 42.79%.

Analyst Ratings Changes

Several equities analysts have recently commented on XYL shares. Robert W. Baird set a $161.00 target price on Xylem in a research note on Wednesday, February 11th. TD Cowen reiterated a “hold” rating on shares of Xylem in a research note on Monday, February 23rd. Oppenheimer reduced their target price on Xylem from $160.00 to $158.00 and set an “outperform” rating for the company in a research note on Wednesday, April 29th. Mizuho set a $138.00 target price on Xylem in a research note on Wednesday, February 11th. Finally, Royal Bank Of Canada reduced their target price on Xylem from $176.00 to $162.00 and set an “outperform” rating for the company in a research note on Wednesday, February 11th. Seven research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $152.77.

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.