This morning we watched Xylem rise 2.1% to a price of $96.29 per share. The large-cap Fluid Controls company is now trading -19.08% below its average target price of $119.0. Analysts have set target prices ranging from $101.0 to $135.0 per share for Xylem, and have given the stock an average rating of buy.
Xylem's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 2.1%. The stock's short ratio is 2.67. The company's insiders own 0.29% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.
Another number to watch is the company's rate of institutional share ownership, which now stands at 76.7%. In conclusion, we believe there is mixed market sentiment regarding Xylem.
Institutions Invested in Xylem
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2023-06-30 | Vanguard Group Inc | 12% | 27,815,182 | $2,678,323,900 |
| 2023-06-30 | Blackrock Inc. | 11% | 25,741,159 | $2,478,616,223 |
| 2023-06-30 | State Street Corporation | 4% | 9,868,835 | $950,270,131 |
| 2023-06-30 | Aristotle Capital Management, LLC | 4% | 9,510,630 | $915,778,571 |
| 2023-06-30 | Pictet Asset Management SA | 3% | 6,997,852 | $673,823,175 |
| 2023-06-30 | Geode Capital Management, LLC | 2% | 5,021,113 | $483,482,975 |
| 2023-06-30 | Amundi | 2% | 5,015,829 | $482,974,179 |
| 2023-06-30 | Morgan Stanley | 2% | 4,061,994 | $391,129,405 |
| 2023-06-30 | Invesco Ltd. | 1% | 3,096,719 | $298,183,075 |
| 2023-06-30 | Bank of America Corporation | 1% | 3,081,631 | $296,730,251 |
