Norges Bank Acquires New Holdings in Xylem Inc. $XYL

03 Jun 2026, 09:45 by Scott Moore · The Cerbat Gem

Norges Bank acquired a new stake in shares of Xylem Inc. (NYSE:XYL – Free Report) during the fourth quarter, HoldingsChannel reports. The firm acquired 2,650,989 shares of the industrial products company’s stock, valued at approximately $361,012,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Knuff & Co LLC bought a new stake in shares of Xylem during the third quarter valued at about $27,000. Wexford Capital LP bought a new stake in shares of Xylem during the third quarter valued at about $27,000. Ramirez Asset Management Inc. grew its holdings in Xylem by 100.0% during the third quarter. Ramirez Asset Management Inc. now owns 200 shares of the industrial products company’s stock worth $30,000 after acquiring an additional 100 shares during the period. Board of the Pension Protection Fund acquired a new position in Xylem during the fourth quarter worth about $27,000. Finally, Entrust Financial LLC acquired a new position in Xylem during the fourth quarter worth about $45,000. 87.96% of the stock is currently owned by institutional investors.

Xylem Stock Down 1.1%

XYL opened at $108.38 on Tuesday. The business has a 50 day moving average price of $117.60 and a 200 day moving average price of $129.31. Xylem Inc. has a twelve month low of $105.29 and a twelve month high of $154.27. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.10 and a current ratio of 1.46. The firm has a market cap of $25.76 billion, a P/E ratio of 26.96, a price-to-earnings-growth ratio of 1.56 and a beta of 1.05.

Xylem (NYSE:XYL – Get Free Report) last issued its quarterly earnings results on Tuesday, April 28th. The industrial products company reported $1.12 EPS for the quarter, topping the consensus estimate of $1.09 by $0.03. The company had revenue of $2.13 billion for the quarter, compared to the consensus estimate of $2.11 billion. Xylem had a return on equity of 11.26% and a net margin of 10.79%.The company’s revenue for the quarter was up 2.7% on a year-over-year basis. During the same period in the previous year, the business posted $1.03 EPS. Xylem has set its FY 2026 guidance at 5.350-5.600 EPS. Research analysts forecast that Xylem Inc. will post 5.51 EPS for the current year.

Xylem declared that its board has approved a share repurchase program on Wednesday, February 25th that allows the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization allows the industrial products company to buy up to 4.8% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company’s board believes its shares are undervalued.

Xylem Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Stockholders of record on Thursday, May 28th will be given a dividend of $0.43 per share. The ex-dividend date is Thursday, May 28th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 1.6%. Xylem’s payout ratio is currently 42.79%.

Insider Buying and Selling

In other Xylem news, CAO Geri-Michelle Mcshane sold 4,269 shares of the company’s stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $117.46, for a total value of $501,436.74. Following the sale, the chief accounting officer directly owned 3,605 shares in the company, valued at $423,443.30. This represents a 54.22% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Jerome A. Peribere purchased 1,210 shares of the stock in a transaction on Monday, May 4th. The stock was bought at an average price of $116.61 per share, for a total transaction of $141,098.10. Following the completion of the transaction, the director directly owned 27,209 shares of the company’s stock, valued at approximately $3,172,841.49. This trade represents a 4.65% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 0.32% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on XYL shares. Royal Bank Of Canada dropped their price target on Xylem from $176.00 to $162.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 11th. Mizuho set a $138.00 price target on Xylem in a research note on Wednesday, February 11th. TD Cowen reissued a “hold” rating on shares of Xylem in a research note on Monday, February 23rd. Jefferies Financial Group reissued a “hold” rating and issued a $130.00 price target (down from $140.00) on shares of Xylem in a research note on Tuesday, March 31st. Finally, Robert W. Baird set a $161.00 price target on Xylem in a research note on Wednesday, February 11th. Seven research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $152.77.

View Our Latest Report on Xylem

About Xylem

(Free Report)

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.