Xylem Sees Unusually High Options Volume (NYSE:XYL)

by · The Markets Daily

Xylem Inc. (NYSE:XYL – Get Free Report) saw some unusual options trading activity on Tuesday. Investors purchased 7,253 put options on the stock. This is an increase of approximately 335% compared to the typical volume of 1,666 put options.

Institutional Investors Weigh In On Xylem

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. XXEC Inc. acquired a new position in shares of Xylem during the 2nd quarter worth approximately $850,841,000. J. Stern & Co. LLP grew its stake in shares of Xylem by 12,326.6% in the fourth quarter. J. Stern & Co. LLP now owns 45,448,168 shares of the industrial products company’s stock valued at $6,189,132,000 after buying an additional 45,082,435 shares in the last quarter. BlackRock Inc. acquired a new position in Xylem during the second quarter worth $2,959,730,000. Bank of New York Mellon Corp acquired a new stake in Xylem in the second quarter valued at $552,313,000. Finally, Hsbc Holdings PLC bought a new position in shares of Xylem in the 2nd quarter valued at about $319,785,000. 87.96% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the company. Citigroup reiterated a “buy” rating on shares of Xylem in a report on Wednesday, July 29th. Wolfe Research began coverage on Xylem in a research report on Tuesday, September 15th. They issued a “peer perform” rating for the company. UBS Group increased their price objective on shares of Xylem from $135.00 to $138.00 and gave the stock a “neutral” rating in a research report on Thursday, August 13th. Jefferies Financial Group raised their price objective on shares of Xylem from $145.00 to $150.00 and gave the stock a “buy” rating in a report on Monday, August 24th. Finally, Stifel Nicolaus boosted their price objective on shares of Xylem from $157.00 to $160.00 and gave the company a “buy” rating in a research report on Wednesday, July 29th. Nine investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $155.00.

View Our Latest Research Report on Xylem

Xylem Stock Up 0.1%

Xylem stock traded up $0.15 during midday trading on Tuesday, reaching $101.06. The stock had a trading volume of 2,210,092 shares, compared to its average volume of 2,056,018. The firm’s fifty day simple moving average is $113.24 and its 200-day simple moving average is $115.62. Xylem has a 1-year low of $100.17 and a 1-year high of $154.27. The stock has a market capitalization of $23.60 billion, a P/E ratio of 24.06, a price-to-earnings-growth ratio of 1.65 and a beta of 1.00. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.24 and a current ratio of 1.61.

Xylem (NYSE:XYL – Get Free Report) last released its quarterly earnings results on Tuesday, July 28th. The industrial products company reported $1.46 earnings per share for the quarter, topping analysts’ consensus estimates of $1.34 by $0.12. The firm had revenue of $2.34 billion during 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 was up 1.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.26 EPS. Xylem has set its FY 2026 guidance at 5.550-5.700 EPS. As a group, analysts expect that Xylem will post 5.66 EPS for the current fiscal year.

Xylem Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 24th. Investors of record on Thursday, August 27th were issued a dividend of $0.43 per share. The ex-dividend date was Thursday, August 27th. This represents a $1.72 annualized dividend and a yield of 1.7%. Xylem’s dividend payout ratio is presently 40.95%.

Xylem Company Profile

(Get Free Report)

Xylem Inc (NYSE: XYL) is a global water technology company that develops products, services and solutions for the movement, treatment, testing and efficient use of water. Its offerings serve municipal water and wastewater systems, utilities, industrial customers, commercial buildings and other infrastructure operators.

The company’s portfolio includes water and wastewater pumps, mixing and aeration equipment, treatment systems, measurement and monitoring technologies, smart metering, network-management software, and related services.

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