Xylem Inc (NYSE:XYL) SVP Sells $379,500.00 in Stock

Xylem Inc (NYSE:XYL) SVP Kenneth Napolitano sold 5,000 shares of Xylem stock in a transaction on Monday, October 7th. The shares were sold at an average price of $75.90, for a total transaction of $379,500.00. Following the transaction, the senior vice president now owns 36,228 shares in the company, valued at approximately $2,749,705.20. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

Kenneth Napolitano also recently made the following trade(s):

  • On Monday, September 9th, Kenneth Napolitano sold 5,000 shares of Xylem stock. The shares were sold at an average price of $77.49, for a total transaction of $387,450.00.
  • On Monday, August 5th, Kenneth Napolitano sold 5,000 shares of Xylem stock. The shares were sold at an average price of $75.23, for a total transaction of $376,150.00.

XYL stock traded up $1.14 during mid-day trading on Wednesday, hitting $74.57. The company had a trading volume of 512,165 shares, compared to its average volume of 821,380. The company has a market capitalization of $13.60 billion, a price-to-earnings ratio of 25.96, a P/E/G ratio of 1.46 and a beta of 1.19. Xylem Inc has a 12-month low of $60.65 and a 12-month high of $85.39. The company has a quick ratio of 1.08, a current ratio of 1.47 and a debt-to-equity ratio of 0.71. The company has a 50-day moving average price of $76.96 and a 200 day moving average price of $78.98.



Xylem (NYSE:XYL) last announced its quarterly earnings results on Thursday, August 1st. The industrial products company reported $0.79 EPS for the quarter, hitting the consensus estimate of $0.79. The business had revenue of $1.35 billion for the quarter, compared to analysts’ expectations of $1.35 billion. Xylem had a net margin of 10.90% and a return on equity of 19.23%. The business’s quarterly revenue was up 2.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.73 EPS. As a group, analysts expect that Xylem Inc will post 3.16 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Thursday, September 26th. Shareholders of record on Thursday, August 29th were paid a $0.24 dividend. This represents a $0.96 annualized dividend and a yield of 1.29%. The ex-dividend date of this dividend was Wednesday, August 28th. Xylem’s payout ratio is currently 33.33%.

A number of research firms recently weighed in on XYL. Credit Suisse Group cut shares of Xylem from an “outperform” rating to a “neutral” rating in a research note on Friday, August 2nd. Jefferies Financial Group began coverage on shares of Xylem in a research note on Friday, September 20th. They set a “buy” rating and a $90.00 target price on the stock. Zacks Investment Research upgraded shares of Xylem from a “sell” rating to a “hold” rating and set a $83.00 target price on the stock in a research note on Saturday, September 14th. Finally, ValuEngine cut shares of Xylem from a “buy” rating to a “hold” rating in a research note on Thursday, August 1st. One analyst has rated the stock with a sell rating, five have assigned a hold rating and eight have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of $80.00.

A number of hedge funds have recently made changes to their positions in the business. Douglass Winthrop Advisors LLC raised its position in shares of Xylem by 13.3% during the 3rd quarter. Douglass Winthrop Advisors LLC now owns 5,344 shares of the industrial products company’s stock valued at $425,000 after buying an additional 627 shares in the last quarter. State of Alaska Department of Revenue raised its position in shares of Xylem by 129.0% during the 3rd quarter. State of Alaska Department of Revenue now owns 104,221 shares of the industrial products company’s stock valued at $8,297,000 after buying an additional 58,713 shares in the last quarter. Rothschild & Co Wealth Management UK Ltd purchased a new stake in shares of Xylem during the 2nd quarter valued at about $293,000. River & Mercantile Asset Management LLP purchased a new stake in shares of Xylem during the 2nd quarter valued at about $921,000. Finally, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp raised its position in shares of Xylem by 4.7% during the 2nd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 614,149 shares of the industrial products company’s stock valued at $51,367,000 after buying an additional 27,492 shares in the last quarter. Institutional investors and hedge funds own 84.49% of the company’s stock.

About Xylem

Xylem Inc engages in the design, manufacture, and servicing of engineered products and solutions for the water and wastewater applications. It operates in three segments: Water Infrastructure, Applied Water, and Measurement & Control Solutions. The Water Infrastructure segment offers various products, including water and wastewater pumps; controls and systems; filtration, disinfection, and biological treatment equipment; and mobile dewatering equipment under the Flygt, Godwin, Wedeco, Sanitaire, and Leopold names for the transportation and treatment of water.

Further Reading: Special Dividends

Insider Buying and Selling by Quarter for Xylem (NYSE:XYL)

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