ING Groep NV Has $4.64 Million Stock Holdings in Xylem Inc. $XYL

ING Groep NV boosted its holdings in shares of Xylem Inc. (NYSE:XYLFree Report) by 49.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 31,467 shares of the industrial products company’s stock after acquiring an additional 10,447 shares during the quarter. ING Groep NV’s holdings in Xylem were worth $4,641,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of XYL. Rhumbline Advisers grew its holdings in Xylem by 3.3% during the 3rd quarter. Rhumbline Advisers now owns 467,935 shares of the industrial products company’s stock worth $69,020,000 after acquiring an additional 14,789 shares during the period. Stratos Wealth Advisors LLC boosted its position in shares of Xylem by 8.2% during the 3rd quarter. Stratos Wealth Advisors LLC now owns 1,873 shares of the industrial products company’s stock valued at $276,000 after purchasing an additional 142 shares in the last quarter. Baader Bank Aktiengesellschaft acquired a new stake in Xylem during the third quarter worth approximately $465,000. Providence Capital Advisors LLC increased its holdings in Xylem by 2.4% in the third quarter. Providence Capital Advisors LLC now owns 50,181 shares of the industrial products company’s stock worth $7,402,000 after purchasing an additional 1,164 shares in the last quarter. Finally, Wealthfront Advisers LLC lifted its stake in Xylem by 9.5% in the third quarter. Wealthfront Advisers LLC now owns 29,603 shares of the industrial products company’s stock valued at $4,366,000 after buying an additional 2,556 shares during the period. Institutional investors and hedge funds own 87.96% of the company’s stock.

Xylem Stock Performance

Shares of XYL opened at $126.19 on Friday. The firm has a market capitalization of $30.72 billion, a P/E ratio of 32.19, a P/E/G ratio of 1.81 and a beta of 1.17. Xylem Inc. has a 52 week low of $100.47 and a 52 week high of $154.27. The stock has a 50 day moving average price of $138.70 and a two-hundred day moving average price of $142.00. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.50 and a current ratio of 1.62.

Xylem (NYSE:XYLGet Free Report) last announced its earnings results on Tuesday, February 10th. The industrial products company reported $1.42 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.42. The company had revenue of $2.40 billion for the quarter, compared to analysts’ expectations of $2.37 billion. Xylem had a return on equity of 11.11% and a net margin of 10.59%.Xylem’s quarterly revenue was up 6.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.18 earnings per share. Xylem has set its FY 2026 guidance at 5.350-5.560 EPS. Equities analysts forecast that Xylem Inc. will post 4.65 earnings per share for the current fiscal year.

Xylem Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 24th. Stockholders of record on Tuesday, February 24th will be issued a $0.43 dividend. This is an increase from Xylem’s previous quarterly dividend of $0.40. This represents a $1.72 annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Tuesday, February 24th. Xylem’s dividend payout ratio is currently 41.13%.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on XYL shares. Citigroup dropped their target price on shares of Xylem from $182.00 to $174.00 and set a “buy” rating on the stock in a research report on Wednesday. TD Cowen reaffirmed a “hold” rating on shares of Xylem in a research note on Friday, December 5th. Oppenheimer set a $165.00 price objective on shares of Xylem in a research report on Thursday. UBS Group raised their target price on Xylem from $168.00 to $175.00 and gave the company a “buy” rating in a research note on Thursday, November 6th. Finally, Royal Bank Of Canada dropped their price target on Xylem from $176.00 to $162.00 and set an “outperform” rating on the stock in a research note on Wednesday. Nine investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $159.75.

Read Our Latest Research Report on Xylem

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Xylem 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.

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Institutional Ownership by Quarter for Xylem (NYSE:XYL)

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