Vinva Investment Management Ltd Invests $333,000 in Xylem Inc. $XYL

Vinva Investment Management Ltd bought a new position in shares of Xylem Inc. (NYSE:XYL - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 2,595 shares of the industrial products company's stock, valued at approximately $333,000.

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A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Vanguard Group Inc. increased its position in shares of Xylem by 2.4% in the second quarter. Vanguard Group Inc. now owns 29,697,829 shares of the industrial products company's stock worth $3,841,711,000 after acquiring an additional 691,285 shares in the last quarter. Geode Capital Management LLC boosted its position in Xylem by 2.3% during the 2nd quarter. Geode Capital Management LLC now owns 6,141,231 shares of the industrial products company's stock worth $791,029,000 after purchasing an additional 136,605 shares during the period. Impax Asset Management Group plc increased its holdings in Xylem by 13.7% in the 2nd quarter. Impax Asset Management Group plc now owns 5,499,688 shares of the industrial products company's stock valued at $709,183,000 after purchasing an additional 663,191 shares in the last quarter. Swedbank AB raised its position in Xylem by 13.9% in the second quarter. Swedbank AB now owns 4,366,932 shares of the industrial products company's stock valued at $564,906,000 after purchasing an additional 531,890 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in Xylem by 7.3% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 4,024,500 shares of the industrial products company's stock valued at $480,767,000 after purchasing an additional 274,123 shares during the period. 87.96% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. TD Cowen upped their target price on Xylem from $125.00 to $130.00 and gave the stock a "hold" rating in a research report on Tuesday, August 26th. Mizuho set a $160.00 price target on Xylem in a report on Wednesday, October 29th. Zacks Research downgraded shares of Xylem from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, November 18th. Cowen reissued a "hold" rating on shares of Xylem in a research report on Tuesday, August 26th. Finally, Argus set a $170.00 target price on shares of Xylem in a research note on Wednesday, October 29th. Eight equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $166.90.

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Check Out Our Latest Stock Report on XYL

Xylem Stock Performance

Shares of XYL opened at $140.87 on Friday. The firm has a market cap of $34.30 billion, a price-to-earnings ratio of 36.21, a PEG ratio of 2.50 and a beta of 1.15. The company has a quick ratio of 1.43, a current ratio of 1.96 and a debt-to-equity ratio of 0.17. The business's 50 day moving average is $146.12 and its two-hundred day moving average is $138.14. Xylem Inc. has a 52-week low of $100.47 and a 52-week high of $154.27.

Xylem (NYSE:XYL - Get Free Report) last released its quarterly earnings results on Tuesday, October 28th. The industrial products company reported $1.37 earnings per share for the quarter, topping analysts' consensus estimates of $1.23 by $0.14. The business had revenue of $2.27 billion during the quarter, compared to the consensus estimate of $2.22 billion. Xylem had a net margin of 10.66% and a return on equity of 10.77%. The business's quarterly revenue was up 7.8% compared to the same quarter last year. During the same quarter last year, the company earned $1.11 earnings per share. Xylem has set its FY 2025 guidance at 5.030-5.080 EPS. Analysts forecast that Xylem Inc. will post 4.65 EPS for the current fiscal year.

Xylem Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 23rd. Stockholders of record on Tuesday, November 25th will be given a $0.40 dividend. The ex-dividend date of this dividend is Tuesday, November 25th. This represents a $1.60 annualized dividend and a dividend yield of 1.1%. Xylem's payout ratio is presently 41.13%.

Insider Activity

In related news, EVP Claudia S. Toussaint sold 10,421 shares of the business's stock in a transaction dated Thursday, October 30th. The stock was sold at an average price of $152.64, for a total value of $1,590,661.44. Following the completion of the sale, the executive vice president directly owned 31,250 shares of the company's stock, valued at $4,770,000. The trade was a 25.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CAO Geri-Michelle Mcshane sold 1,000 shares of the company's stock in a transaction that occurred on Friday, September 5th. The shares were sold at an average price of $139.96, for a total value of $139,960.00. Following the sale, the chief accounting officer owned 2,957 shares in the company, valued at $413,861.72. The trade was a 25.27% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 13,121 shares of company stock worth $1,982,459. 0.27% of the stock is currently owned by corporate insiders.

About Xylem

Xylem Inc, together with its subsidiaries, engages in the design, manufacture, and servicing of engineered products and solutions worldwide. It operates through four segments: Water Infrastructure, Applied Water, Measurement & Control Solutions, and Integrated Solutions and Services. The Water Infrastructure segment offers products, including water, storm water, and wastewater pumps; controls and systems; filtration, disinfection, and biological treatment equipment; and mobile dewatering equipment and rental services under the ADI, Flygt, Godwin, Sanitaire, Magneto, Neptune Benson, Ionpure, Leopold, Wedeco, and Xylem Vue brands.

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