Lombard Odier Asset Management Europe Ltd Acquires New Position in Xylem Inc. $XYL

Lombard Odier Asset Management Europe Ltd bought a new stake in Xylem Inc. (NYSE:XYL) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 56,781 shares of the industrial products company’s stock, valued at approximately $6,712,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Wexford Capital LP acquired a new stake in shares of Xylem in the 3rd quarter worth approximately $27,000. Commonwealth Retirement Investments LLC acquired a new stake in shares of Xylem during the fourth quarter valued at $27,000. Dunhill Financial LLC purchased a new stake in shares of Xylem during the second quarter worth about $30,000. Avalon Trust Co purchased a new stake in Xylem in the 2nd quarter worth approximately $35,000. Finally, Orion Capital Management LLC purchased a new stake in shares of Xylem in the second quarter valued at $35,000. 87.96% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the stock. Citigroup reissued a “buy” rating on shares of Xylem in a research report on Wednesday, July 29th. Jefferies Financial Group increased their price target on shares of Xylem from $145.00 to $150.00 and gave the stock a “buy” rating in a research note on Monday. CLSA upgraded Xylem to a “hold” rating in a report on Thursday, June 25th. Royal Bank Of Canada lifted their price target on shares of Xylem from $159.00 to $164.00 and gave the company an “outperform” rating in a research report on Wednesday, July 29th. Finally, Mizuho boosted their price objective on Xylem from $124.00 to $130.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 29th. Nine investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, Xylem currently has an average rating of “Moderate Buy” and an average price target of $155.00.

Xylem Stock Down 1.1%

XYL stock opened at $111.44 on Friday. Xylem Inc. has a twelve month low of $105.29 and a twelve month high of $154.27. The company has a current ratio of 1.61, a quick ratio of 1.24 and a debt-to-equity ratio of 0.23. The company has a market capitalization of $26.02 billion, a P/E ratio of 26.53, a PEG ratio of 1.66 and a beta of 1.02. The firm has a 50 day simple moving average of $118.20 and a 200-day simple moving average of $118.87.

Xylem (NYSE:XYL) last posted its quarterly earnings results on Tuesday, July 28th. The industrial products company reported $1.46 earnings per share (EPS) for the quarter, beating the consensus estimate 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 for the quarter, compared to analysts’ expectations of $2.34 billion. During the same period in the prior year, the company posted $1.26 earnings per share. The firm’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. On average, equities research analysts predict that Xylem Inc. will post 5.66 earnings per share for the current fiscal year.

Xylem Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Stockholders of record on Thursday, August 27th will be given 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 1.5%. Xylem’s payout ratio is presently 40.95%.

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.