West Family Investments Inc. Invests $822,000 in Xylem Inc. $XYL

West Family Investments Inc. purchased a new position in shares of Xylem Inc. (NYSE:XYL) in the 2nd quarter, Holdings Channel reports. The institutional investor purchased 6,957 shares of the industrial products company’s stock, valued at approximately $822,000.

Other institutional investors also recently added to or reduced their stakes in the company. Waverly Advisors LLC raised its stake in shares of Xylem by 43.1% during the 2nd quarter. Waverly Advisors LLC now owns 3,135 shares of the industrial products company’s stock worth $371,000 after buying an additional 944 shares in the last quarter. Empirical Finance LLC grew its holdings in Xylem by 4.1% during the second quarter. Empirical Finance LLC now owns 7,618 shares of the industrial products company’s stock worth $901,000 after acquiring an additional 299 shares during the period. Nykredit A S acquired a new position in Xylem during the second quarter worth $11,064,000. HighTower Advisors LLC raised its position in Xylem by 1.6% in the second quarter. HighTower Advisors LLC now owns 87,234 shares of the industrial products company’s stock worth $10,312,000 after acquiring an additional 1,356 shares in the last quarter. Finally, Groupe la Francaise lifted its holdings in Xylem by 21.1% in the second quarter. Groupe la Francaise now owns 94,672 shares of the industrial products company’s stock valued at $11,195,000 after acquiring an additional 16,495 shares during the period. Hedge funds and other institutional investors own 87.96% of the company’s stock.

Xylem Trading Up 2.8%

Shares of NYSE XYL traded up $3.01 during midday trading on Tuesday, reaching $108.70. 3,607,868 shares of the stock were exchanged, compared to its average volume of 1,985,399. The company has a market capitalization of $25.38 billion, a P/E ratio of 25.88, a P/E/G ratio of 1.70 and a beta of 1.00. Xylem Inc. has a 52-week low of $105.29 and a 52-week 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 stock has a 50 day moving average price of $117.38 and a 200-day moving average price of $117.85.

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 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 business had revenue of $2.34 billion for the quarter, compared to the consensus estimate of $2.34 billion. During the same quarter in the prior year, the firm posted $1.26 earnings per share. The company’s quarterly revenue was up 1.5% compared to the same quarter last year. Xylem has set its FY 2026 guidance at 5.550-5.700 EPS. Equities research analysts expect that Xylem Inc. will post 5.66 earnings per share for the current fiscal year.

Xylem Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Thursday, August 27th will be paid a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend is Thursday, August 27th. Xylem’s dividend payout ratio (DPR) is presently 40.95%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on XYL shares. Mizuho upped their price target on shares of Xylem from $124.00 to $130.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 29th. Royal Bank Of Canada upped their target price on shares of Xylem from $159.00 to $164.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 29th. Robert W. Baird upped their price target on Xylem from $163.00 to $165.00 and gave the stock an “outperform” rating in a report on Wednesday, July 29th. UBS Group raised their price objective on Xylem from $135.00 to $138.00 and gave the company a “neutral” rating in a research note on Thursday, August 13th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Xylem in a report on Wednesday, August 5th. Nine research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $155.00.

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.