Corbyn Investment Management Inc. MD Makes New $945,000 Investment in Xylem Inc. $XYL

Corbyn Investment Management Inc. MD purchased a new stake in shares of Xylem Inc. (NYSE:XYL) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 7,906 shares of the industrial products company’s stock, valued at approximately $945,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Knuff & Co LLC purchased a new stake in Xylem during the third quarter valued at approximately $27,000. Board of the Pension Protection Fund purchased a new position in shares of Xylem during the 4th quarter worth $27,000. Commonwealth Retirement Investments LLC bought a new stake in shares of Xylem during the 4th quarter valued at $27,000. Wexford Capital LP purchased a new stake in shares of Xylem in the 3rd quarter worth $27,000. Finally, Ramirez Asset Management Inc. raised its holdings in Xylem by 100.0% in 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. Hedge funds and other institutional investors own 87.96% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the company. UBS Group lifted their target price on Xylem from $132.00 to $133.00 and gave the company a “neutral” rating in a research report on Wednesday, April 29th. Stifel Nicolaus decreased their price objective on Xylem from $163.00 to $159.00 and set a “buy” rating on the stock in a research note on Wednesday, April 29th. Weiss Ratings cut Xylem from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, May 8th. Oppenheimer cut their price objective on Xylem from $160.00 to $158.00 and set an “outperform” rating for the company in a research note on Wednesday, April 29th. Finally, Jefferies Financial Group raised shares of Xylem from a “hold” rating to a “buy” rating and increased their target price for the stock from $130.00 to $140.00 in a report on Thursday, June 25th. Eight analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $153.54.

Xylem Price Performance

NYSE:XYL opened at $118.22 on Monday. 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 business’s 50-day simple moving average is $112.66 and its two-hundred day simple moving average is $124.57. The stock has a market cap of $28.10 billion, a PE ratio of 29.41, a P/E/G ratio of 1.68 and a beta of 1.03. Xylem Inc. has a 52 week low of $105.29 and a 52 week high of $154.27.

Xylem (NYSE:XYL) last released 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 firm had revenue of $2.12 billion during the quarter, compared to analyst estimates of $2.11 billion. During the same quarter in the prior year, the company posted $1.03 earnings per share. The business’s quarterly 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. As a group, analysts forecast that Xylem Inc. will post 5.51 EPS for the current fiscal year.

Xylem Announces Dividend

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

Insider Buying and Selling

In related news, CAO Geri-Michelle Mcshane sold 4,269 shares of the company’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 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Jerome A. Peribere purchased 1,210 shares of Xylem 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 completion of the acquisition, the director owned 27,209 shares in the company, valued at $3,172,841.49. The trade was a 4.65% increase in their position. The SEC filing for this purchase provides additional information. Company insiders own 0.32% of the company’s stock.

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.