United Capital Financial Advisors LLC Invests $8.73 Million in Xylem Inc. $XYL

United Capital Financial Advisors LLC acquired a new position in Xylem Inc. (NYSE:XYL) during the second quarter, Holdings Channel reports. The firm acquired 73,869 shares of the industrial products company’s stock, valued at approximately $8,732,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Orion Porfolio Solutions LLC lifted its position in Xylem by 1.0% during the third quarter. Orion Porfolio Solutions LLC now owns 7,802 shares of the industrial products company’s stock valued at $1,151,000 after purchasing an additional 74 shares during the last quarter. Quest Investment Management LLC increased its holdings in shares of Xylem by 1.0% in the 3rd 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 raised its position 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 valued at $4,314,000 after buying an additional 86 shares in the last quarter. Moneco Advisors LLC raised its position in shares of Xylem by 4.6% during the 4th 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 in the last quarter. Finally, Compound Planning Inc. lifted its holdings 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 worth $308,000 after acquiring an additional 91 shares during the last quarter. 87.96% of the stock is owned by hedge funds and other institutional investors.

Xylem Trading Down 0.6%

Shares of XYL opened at $112.73 on Friday. The stock has a market capitalization of $26.32 billion, a P/E ratio of 26.84, a PEG ratio of 1.67 and a beta of 1.02. 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 fifty day simple moving average of $118.20 and a two-hundred day simple moving average of $118.92. Xylem Inc. has a twelve month low of $105.29 and a twelve month high of $154.27.

Xylem (NYSE:XYL) last released 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. The firm had revenue of $2.34 billion for the quarter, compared to analysts’ expectations of $2.34 billion. Xylem had a net margin of 11.15% and a return on equity of 11.77%. The company’s revenue for the quarter was up 1.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.26 earnings per share. Xylem has set its FY 2026 guidance at 5.550-5.700 EPS. On average, research analysts anticipate that Xylem Inc. will post 5.66 EPS for the current year.

Xylem Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 24th. Investors of record on Thursday, August 27th will be issued a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date is Thursday, August 27th. Xylem’s payout ratio is currently 40.95%.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. Citigroup reiterated a “buy” rating on shares of Xylem in a research report on Wednesday, July 29th. Royal Bank Of Canada raised their price target on Xylem from $159.00 to $164.00 and gave the company an “outperform” rating in a research report on Wednesday, July 29th. Barclays lifted their price target on Xylem from $154.00 to $159.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 29th. Robert W. Baird increased their price objective on Xylem from $163.00 to $165.00 and gave the company an “outperform” rating in a research report on Wednesday, July 29th. Finally, CLSA upgraded Xylem to a “hold” rating in a research report on Thursday, June 25th. Nine investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $155.00.

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.