Xylem Inc. $XYL Shares Sold by Raiffeisen Bank International AG

Raiffeisen Bank International AG trimmed its position in Xylem Inc. (NYSE:XYL) by 2.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 277,886 shares of the industrial products company’s stock after selling 7,065 shares during the period. Raiffeisen Bank International AG owned approximately 0.11% of Xylem worth $38,234,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of XYL. Knuff & Co LLC acquired a new stake in shares of Xylem during the third quarter worth $27,000. Board of the Pension Protection Fund acquired a new stake in shares of Xylem during the fourth quarter worth $27,000. Commonwealth Retirement Investments LLC acquired a new stake in shares of Xylem during the fourth quarter worth $27,000. Wexford Capital LP acquired a new stake in shares of Xylem during the third quarter worth $27,000. Finally, Ramirez Asset Management Inc. lifted 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 worth $30,000 after buying an additional 100 shares during the period. 87.96% of the stock is currently owned by institutional investors and hedge funds.

Xylem Stock Up 1.7%

Shares of NYSE XYL opened at $108.97 on Friday. The company’s 50-day simple moving average is $116.03 and its 200-day simple moving average is $127.48. Xylem Inc. has a 52-week low of $105.29 and a 52-week high of $154.27. The firm has a market cap of $25.90 billion, a price-to-earnings ratio of 27.11, a price-to-earnings-growth ratio of 1.52 and a beta of 1.04. 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 (NYSE:XYL) last announced its earnings results on Tuesday, April 28th. The industrial products company reported $1.12 earnings per share (EPS) for the quarter, beating the consensus estimate 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 analyst estimates of $2.11 billion. During the same quarter last year, the business earned $1.03 earnings per share. The company’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. Equities analysts predict that Xylem Inc. will post 5.51 EPS for the current fiscal year.

Xylem Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Thursday, May 28th will be given a dividend of $0.43 per share. The ex-dividend date is Thursday, May 28th. This represents a $1.72 dividend on an annualized basis and a yield of 1.6%. Xylem’s payout ratio is presently 42.79%.

Xylem declared that its board has authorized a share repurchase program 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 repurchase up to 4.8% of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s management believes its stock is undervalued.

Wall Street Analysts Forecast Growth

XYL has been the subject of several recent research reports. Jefferies Financial Group reissued a “hold” rating and set a $130.00 target price (down from $140.00) on shares of Xylem in a report on Tuesday, March 31st. Weiss Ratings cut shares of Xylem from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, May 8th. UBS Group raised their target price on shares of Xylem from $132.00 to $133.00 and gave the stock a “neutral” rating in a report on Wednesday, April 29th. Barclays reduced their target price on shares of Xylem from $156.00 to $154.00 and set an “overweight” rating for the company in a report on Wednesday, April 29th. Finally, JPMorgan Chase & Co. cut their price objective on shares of Xylem from $170.00 to $160.00 and set an “overweight” rating for the company in a report on Thursday, April 16th. Seven analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Xylem presently has an average rating of “Moderate Buy” and a consensus target price of $152.77.

Insider Transactions at Xylem

In other Xylem news, Director Jerome A. Peribere purchased 1,210 shares of the stock in a transaction that occurred on Monday, May 4th. The shares were purchased at an average cost of $116.61 per share, for a total transaction of $141,098.10. Following the completion of the transaction, the director owned 27,209 shares of the company’s stock, valued at $3,172,841.49. The trade was a 4.65% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CAO Geri-Michelle Mcshane sold 4,269 shares of the business’s stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $117.46, for a total transaction of $501,436.74. Following the transaction, the chief accounting officer owned 3,605 shares in the company, valued at $423,443.30. The trade was a 54.22% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.32% of the company’s stock.

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.