Xylem Inc. $XYL Holdings Raised by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. boosted its stake in Xylem Inc. (NYSE:XYL) by 9.5% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 83,257 shares of the industrial products company’s stock after buying an additional 7,247 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Xylem were worth $11,338,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its position in Xylem by 0.5% in the 4th quarter. Vanguard Group Inc. now owns 30,054,743 shares of the industrial products company’s stock worth $4,092,855,000 after buying an additional 152,507 shares in the last quarter. State Street Corp lifted its position in Xylem by 1.2% in the 3rd quarter. State Street Corp now owns 10,953,206 shares of the industrial products company’s stock worth $1,615,598,000 after buying an additional 133,173 shares in the last quarter. Northern Trust Corp lifted its position in Xylem by 1.6% in the 3rd quarter. Northern Trust Corp now owns 3,259,233 shares of the industrial products company’s stock worth $480,737,000 after buying an additional 51,343 shares in the last quarter. Legal & General Group Plc lifted its position in Xylem by 12.2% in the 3rd quarter. Legal & General Group Plc now owns 2,029,272 shares of the industrial products company’s stock worth $299,318,000 after buying an additional 220,246 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its position in Xylem by 9.2% in the 3rd quarter. Dimensional Fund Advisors LP now owns 2,019,807 shares of the industrial products company’s stock worth $297,857,000 after buying an additional 169,688 shares in the last quarter. Hedge funds and other institutional investors own 87.96% of the company’s stock.

Analyst Upgrades and Downgrades

XYL has been the subject of a number of research analyst reports. Robert W. Baird set a $161.00 target price on shares of Xylem in a research report on Wednesday, February 11th. UBS Group boosted their price target on Xylem from $132.00 to $133.00 and gave the company a “neutral” rating in a research note on Wednesday. Barclays lowered their price target on Xylem from $156.00 to $154.00 and set an “overweight” rating for the company in a research note on Wednesday. Stifel Nicolaus lowered their price target on Xylem from $163.00 to $159.00 and set a “buy” rating for the company in a research note on Wednesday. Finally, Citigroup lowered their price target on Xylem from $174.00 to $168.00 and set a “buy” rating for the company in a research note on Wednesday. Seven investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat.com, Xylem has a consensus rating of “Moderate Buy” and an average price target of $152.77.

Xylem Stock Down 2.4%

Xylem stock opened at $115.32 on Friday. The company has a market capitalization of $27.41 billion, a P/E ratio of 28.69, a P/E/G ratio of 1.68 and a beta of 1.08. The firm’s fifty day simple moving average is $123.29 and its 200-day simple moving average is $134.86. The company has a current ratio of 1.46, a quick ratio of 1.28 and a debt-to-equity ratio of 0.13. Xylem Inc. has a 1-year low of $114.15 and a 1-year high of $154.27.

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

Xylem Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 24th. Stockholders of record on Tuesday, February 24th were issued a dividend of $0.43 per share. The ex-dividend date was Tuesday, February 24th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 1.5%. This is an increase from Xylem’s previous quarterly dividend of $0.40. Xylem’s payout ratio is 42.79%.

Xylem declared that its board has authorized a share repurchase plan on Wednesday, February 25th that allows the company to buyback $1.50 billion in outstanding shares. This buyback authorization allows the industrial products company to reacquire up to 4.8% of its stock through open market purchases. Stock buyback plans are often a sign that the company’s management believes its shares are undervalued.

Xylem Company 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.