F m Investments LLC Purchases Shares of 59,814 Xylem Inc. $XYL

F m Investments LLC purchased a new stake in shares of Xylem Inc. (NYSE:XYL) during the fourth quarter, HoldingsChannel reports. The institutional investor purchased 59,814 shares of the industrial products company’s stock, valued at approximately $8,146,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of XYL. Knuff & Co LLC purchased a new stake in shares of Xylem during the third quarter valued at approximately $27,000. Board of the Pension Protection Fund purchased a new stake in shares of Xylem during the fourth quarter valued at approximately $27,000. Wexford Capital LP purchased a new stake in shares of Xylem during the third quarter valued at approximately $27,000. First Horizon Corp purchased a new stake in shares of Xylem during the third quarter valued at approximately $30,000. Finally, Ramirez Asset Management Inc. raised its stake in shares of Xylem by 100.0% during the third quarter. Ramirez Asset Management Inc. now owns 200 shares of the industrial products company’s stock valued at $30,000 after purchasing an additional 100 shares during the period. 87.96% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Xylem

In other Xylem news, Director Jerome A. Peribere bought 1,210 shares of the stock in a transaction on Monday, May 4th. The stock was purchased at an average price of $116.61 per share, for a total transaction of $141,098.10. Following the completion of the purchase, the director directly owned 27,209 shares in the company, valued at approximately $3,172,841.49. This trade represents a 4.65% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Geri-Michelle Mcshane sold 4,269 shares of the business’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 sale, the chief accounting officer owned 3,605 shares of the company’s stock, valued at approximately $423,443.30. The trade was a 54.22% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.32% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on XYL shares. JPMorgan Chase & Co. dropped their price objective on shares of Xylem from $170.00 to $160.00 and set an “overweight” rating on the stock in a research note on Thursday, April 16th. William Blair started coverage on shares of Xylem in a research note on Monday, January 26th. They set an “outperform” rating on the stock. Oppenheimer dropped their price objective on shares of Xylem from $160.00 to $158.00 and set an “outperform” rating on the stock in a research note on Wednesday, April 29th. Stifel Nicolaus dropped their price objective on shares of Xylem from $163.00 to $159.00 and set a “buy” rating on the stock in a research note on Wednesday, April 29th. Finally, Mizuho set a $138.00 price objective on shares of Xylem in a research note on Wednesday, February 11th. Seven investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $152.77.

Xylem Stock Down 1.6%

Shares of NYSE:XYL opened at $113.76 on Friday. 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 company has a fifty day simple moving average of $122.63 and a 200 day simple moving average of $134.10. The firm has a market cap of $27.04 billion, a PE ratio of 28.30, a price-to-earnings-growth ratio of 1.65 and a beta of 1.08. Xylem Inc. has a 12-month low of $113.45 and a 12-month high of $154.27.

Xylem (NYSE:XYL) last issued its quarterly earnings results on Tuesday, April 28th. The industrial products company reported $1.12 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.09 by $0.03. Xylem had a net margin of 10.79% and a return on equity of 11.26%. The business had revenue of $2.13 billion during the quarter, compared to analyst estimates of $2.11 billion. During the same quarter in the previous year, the firm earned $1.03 earnings per share. The business’s 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. On average, equities research analysts anticipate that Xylem Inc. will post 5.51 EPS for the current fiscal year.

Xylem declared that its Board of Directors has initiated a stock repurchase plan on Wednesday, February 25th that permits the company to buyback $1.50 billion in shares. This buyback authorization permits the industrial products company to buy up to 4.8% of its shares through open market purchases. Shares buyback plans are usually an indication that the company’s board believes its stock is undervalued.

Xylem Increases Dividend

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

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.