Rakuten Investment Management Inc. Invests $4.58 Million in Xylem Inc. $XYL

Rakuten Investment Management Inc. acquired a new stake in shares of Xylem Inc. (NYSE:XYL) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 39,191 shares of the industrial products company’s stock, valued at approximately $4,575,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in XYL. Orion Capital Management LLC purchased a new stake in Xylem in the second quarter worth approximately $35,000. Glenview Trust Co bought a new stake in Xylem in the 2nd quarter worth approximately $326,000. Comprehensive Money Management Services LLC purchased a new stake in Xylem during the 2nd quarter valued at $233,000. Empowered Funds LLC purchased a new stake in Xylem during the 2nd quarter valued at $12,860,000. Finally, United Capital Financial Advisors LLC bought a new position in shares of Xylem during the 2nd quarter valued at $8,732,000. Institutional investors own 87.96% of the company’s stock.

Xylem Trading Up 0.1%

Shares of Xylem stock opened at $111.44 on Monday. Xylem Inc. has a 1-year low of $105.29 and a 1-year high of $154.27. The company’s fifty day simple moving average is $118.20 and its 200-day simple moving average is $118.72. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.61 and a quick ratio of 1.24. The stock has a market capitalization of $26.02 billion, a PE ratio of 26.53, a P/E/G ratio of 1.64 and a beta of 1.02.

Xylem (NYSE:XYL) last posted its quarterly earnings data on Tuesday, July 28th. The industrial products company reported $1.46 EPS for the quarter, topping the consensus estimate of $1.34 by $0.12. The firm had revenue of $2.34 billion for the quarter, compared to the consensus estimate of $2.34 billion. Xylem had a return on equity of 11.77% and a net margin of 11.15%.The business’s revenue for the quarter was up 1.5% compared to the same quarter last year. During the same quarter last year, the company earned $1.26 earnings per share. Xylem has set its FY 2026 guidance at 5.550-5.700 EPS. As a group, equities analysts anticipate that Xylem Inc. will post 5.66 earnings per share for the current year.

Xylem Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Thursday, August 27th will be given a dividend of $0.43 per share. The ex-dividend date is Thursday, August 27th. This represents a $1.72 annualized dividend and a yield of 1.5%. Xylem’s dividend payout ratio (DPR) is 40.95%.

Analyst Ratings Changes

Several brokerages recently commented on XYL. Mizuho lifted their price objective on Xylem from $124.00 to $130.00 and gave the stock a “neutral” rating in a report on Wednesday, July 29th. Weiss Ratings reissued a “hold (c)” rating on shares of Xylem in a report on Wednesday, August 5th. Barclays raised their target price on Xylem from $154.00 to $159.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 29th. Stifel Nicolaus boosted their price target on Xylem from $157.00 to $160.00 and gave the company a “buy” rating in a research note on Wednesday, July 29th. Finally, CLSA raised shares of 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 assigned a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $155.00.

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.