Xylem (NYSE:XYL) CAO Geri-Michelle Mcshane Sells 4,269 Shares of Stock

Xylem Inc. (NYSE:XYL) CAO Geri-Michelle Mcshane sold 4,269 shares of the business’s stock in a transaction that occurred on Thursday, May 7th. The stock was 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. This represents a 54.22% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Xylem Price Performance

XYL opened at $113.76 on Friday. The company has a quick ratio of 1.10, a current ratio of 1.46 and a debt-to-equity ratio of 0.13. Xylem Inc. has a 52-week low of $113.45 and a 52-week high of $154.27. The company has a 50 day moving average of $122.63 and a two-hundred day moving average of $134.10. The company has a market cap of $27.04 billion, a P/E ratio of 28.30, a P/E/G ratio of 1.65 and a beta of 1.08.

Xylem (NYSE:XYL) last posted its earnings results on Tuesday, April 28th. The industrial products company reported $1.12 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 for the quarter, compared to analysts’ expectations of $2.11 billion. During the same period in the previous year, the company posted $1.03 earnings per share. The business’s revenue for the quarter 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, analysts expect that Xylem Inc. will post 5.51 earnings per share for the current year.

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

Xylem Increases Dividend

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

Analyst Ratings Changes

A number of research analysts have recently commented on XYL shares. Robert W. Baird set a $161.00 target price on shares of Xylem in a research report on Wednesday, February 11th. Weiss Ratings cut shares of Xylem from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, April 6th. The Goldman Sachs Group set a $158.00 target price on shares of Xylem in a research report on Wednesday, February 11th. William Blair initiated coverage on shares of Xylem in a report on Monday, January 26th. They issued an “outperform” rating on the stock. Finally, Citigroup cut their price target on shares of Xylem from $174.00 to $168.00 and set a “buy” rating on the stock in a report on Wednesday, April 29th. Seven equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $152.77.

Institutional Trading of Xylem

Institutional investors have recently added to or reduced their stakes in the stock. State of Wyoming raised its holdings in shares of Xylem by 10.4% during the third quarter. State of Wyoming now owns 756 shares of the industrial products company’s stock worth $112,000 after purchasing an additional 71 shares during the period. Orion Porfolio Solutions LLC raised its holdings in shares of Xylem by 1.0% during the third quarter. Orion Porfolio Solutions LLC now owns 7,802 shares of the industrial products company’s stock worth $1,151,000 after purchasing an additional 74 shares during the period. Journey Strategic Wealth LLC raised its holdings in shares of Xylem by 1.5% during the third quarter. Journey Strategic Wealth LLC now owns 5,107 shares of the industrial products company’s stock worth $753,000 after purchasing an additional 77 shares during the period. Quest Investment Management LLC raised its holdings in shares of Xylem by 1.0% during the third quarter. Quest Investment Management LLC now owns 7,588 shares of the industrial products company’s stock worth $1,119,000 after purchasing an additional 77 shares during the period. Finally, Keel Point LLC raised its holdings in shares of Xylem by 4.6% during the third quarter. Keel Point LLC now owns 1,784 shares of the industrial products company’s stock worth $263,000 after purchasing an additional 79 shares during the period. 87.96% of the stock is owned by institutional investors and hedge funds.

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.