Y.D. More Investments Ltd Purchases New Shares in Xylem Inc. $XYL

Y.D. More Investments Ltd purchased a new position in shares of Xylem Inc. (NYSE:XYL) in the fourth quarter, HoldingsChannel.com reports. The firm purchased 8,513 shares of the industrial products company’s stock, valued at approximately $1,159,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Schroder Investment Management Group raised its holdings in shares of Xylem by 2,055.2% in the third quarter. Schroder Investment Management Group now owns 1,192,682 shares of the industrial products company’s stock valued at $171,687,000 after buying an additional 1,137,342 shares during the last quarter. Swedbank AB grew its holdings in shares of Xylem by 19.0% during the third quarter. Swedbank AB now owns 5,197,753 shares of the industrial products company’s stock worth $766,669,000 after buying an additional 830,821 shares during the last quarter. Voya Investment Management LLC increased its position in Xylem by 544.0% in the 3rd quarter. Voya Investment Management LLC now owns 868,755 shares of the industrial products company’s stock valued at $128,141,000 after acquiring an additional 733,860 shares during the period. Balyasny Asset Management L.P. increased its position in Xylem by 346.2% in the 3rd quarter. Balyasny Asset Management L.P. now owns 712,950 shares of the industrial products company’s stock valued at $105,160,000 after acquiring an additional 553,152 shares during the period. Finally, Adage Capital Partners GP L.L.C. purchased a new stake in Xylem during the 2nd quarter valued at approximately $64,407,000. 87.96% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

XYL has been the topic of several analyst reports. Robert W. Baird set a $161.00 target price on Xylem in a research note on Wednesday, February 11th. Oppenheimer restated an “outperform” rating and set a $160.00 price target (down from $165.00) on shares of Xylem in a research note on Wednesday, April 1st. Royal Bank Of Canada decreased their price target on Xylem from $176.00 to $162.00 and set an “outperform” rating for the company in a report on Wednesday, February 11th. Weiss Ratings reissued a “buy (b-)” rating on shares of Xylem in a research note on Monday, December 29th. Finally, UBS Group restated a “buy” rating and set a $155.00 price objective on shares of Xylem in a research report on Friday, February 13th. Ten analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, Xylem presently has an average rating of “Moderate Buy” and a consensus target price of $155.54.

Xylem Stock Performance

NYSE XYL opened at $121.27 on Monday. The stock has a market capitalization of $29.48 billion, a price-to-earnings ratio of 30.93, a PEG ratio of 1.74 and a beta of 1.18. The business’s 50 day moving average is $127.61 and its two-hundred day moving average is $137.67. Xylem Inc. has a 12-month low of $100.47 and a 12-month high of $154.27. The company has a current ratio of 1.62, a quick ratio of 1.28 and a debt-to-equity ratio of 0.12.

Xylem (NYSE:XYL) last posted its quarterly earnings results on Tuesday, February 10th. The industrial products company reported $1.42 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.42. Xylem had a return on equity of 11.11% and a net margin of 10.59%.During the same period in the prior year, the firm earned $1.18 EPS. The business’s revenue for the quarter was up 6.3% compared to the same quarter last year. Xylem has set its FY 2026 guidance at 5.350-5.560 EPS. Research analysts expect that Xylem Inc. will post 4.65 EPS for the current year.

Xylem Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 24th. Stockholders of record on Tuesday, February 24th were paid a dividend of $0.43 per share. This is a boost from Xylem’s previous quarterly dividend of $0.40. The ex-dividend date of this dividend was Tuesday, February 24th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 1.4%. Xylem’s dividend payout ratio is currently 43.88%.

Xylem announced that its board has approved a share repurchase program on Wednesday, February 25th that authorizes the company to buyback $1.50 billion in outstanding shares. This buyback authorization authorizes the industrial products company to reacquire up to 4.8% of its shares through open market purchases. Shares buyback programs are typically an indication that the company’s management believes its shares are undervalued.

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.