Stoneridge Investment Partners LLC Makes New $582,000 Investment in Xylem Inc. $XYL

Stoneridge Investment Partners LLC acquired a new stake in shares of Xylem Inc. (NYSE:XYL) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 4,978 shares of the industrial products company’s stock, valued at approximately $582,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Orion Porfolio Solutions LLC lifted its stake in Xylem by 1.0% during the 3rd quarter. Orion Porfolio Solutions LLC now owns 7,802 shares of the industrial products company’s stock valued at $1,151,000 after acquiring an additional 74 shares during the period. Quest Investment Management LLC boosted its stake in shares of Xylem by 1.0% in the third quarter. Quest Investment Management LLC now owns 7,588 shares of the industrial products company’s stock worth $1,119,000 after buying an additional 77 shares during the last quarter. Notis McConarty Edward grew its stake in shares of Xylem by 0.3% during the 4th quarter. Notis McConarty Edward now owns 31,678 shares of the industrial products company’s stock worth $4,314,000 after purchasing an additional 86 shares during the period. Moneco Advisors LLC grew its position in Xylem by 4.6% during the fourth quarter. Moneco Advisors LLC now owns 2,049 shares of the industrial products company’s stock valued at $279,000 after buying an additional 90 shares during the period. Finally, Compound Planning Inc. grew its position in shares of Xylem by 4.2% during the 4th quarter. Compound Planning Inc. now owns 2,258 shares of the industrial products company’s stock valued at $308,000 after acquiring an additional 91 shares during the period. 87.96% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

XYL has been the subject of a number of recent analyst reports. Oppenheimer cut their price objective on Xylem from $160.00 to $158.00 and set an “outperform” rating for the company in a research report on Wednesday, April 29th. Robert W. Baird increased their target price on shares of Xylem from $163.00 to $165.00 and gave the company an “outperform” rating in a research report on Wednesday, July 29th. Jefferies Financial Group raised shares of Xylem from a “hold” rating to a “buy” rating and raised their target price for the stock from $130.00 to $140.00 in a research note on Thursday, June 25th. Weiss Ratings restated a “hold (c)” rating on shares of Xylem in a report on Wednesday, August 5th. Finally, CLSA upgraded Xylem to a “hold” rating in a report on Thursday, June 25th. Nine equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $154.23.

Xylem Stock Down 0.5%

NYSE XYL opened at $119.75 on Friday. The business’s fifty day simple moving average is $117.47 and its 200-day simple moving average is $120.65. The company has a quick ratio of 1.24, a current ratio of 1.61 and a debt-to-equity ratio of 0.23. The firm has a market cap of $27.96 billion, a PE ratio of 28.51, a P/E/G ratio of 1.66 and a beta of 1.02. Xylem Inc. has a 52 week low of $105.29 and a 52 week high of $154.27.

Xylem (NYSE:XYL) last announced its quarterly earnings data on Tuesday, July 28th. The industrial products company reported $1.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.34 by $0.12. Xylem had a net margin of 11.15% and a return on equity of 11.77%. The firm had revenue of $2.34 billion during the quarter, compared to analyst estimates of $2.34 billion. During the same quarter in the prior year, the firm posted $1.26 earnings per share. Xylem’s quarterly revenue was up 1.5% on a year-over-year basis. Xylem has set its FY 2026 guidance at 5.550-5.700 EPS. As a group, equities analysts anticipate that Xylem Inc. will post 5.67 earnings per share for the current year.

Xylem Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 24th. Stockholders of record on Thursday, August 27th will be paid a $0.43 dividend. The ex-dividend date of this dividend is Thursday, August 27th. This represents a $1.72 annualized dividend and a dividend yield of 1.4%. Xylem’s dividend payout ratio is 40.95%.

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.