V Square Quantitative Management LLC and
Vancity Investment Management have increased their holdings in
Xylem Inc. (NYSE:XYL), while others like
American International Group and
Gamco Investors have trimmed down stakes. Strong performance has also been observed by the company with decent returns over
five years and a
revenue growth. The company's shares continue to rise as their
Q1 Earnings surpassed expectations and the outlook was raised for year
2024. However, changes have occurred in the short interest with
significant decrease and substantial sales of Xylem Inc. shares have also taken place. To investors' delight, the earnings and revenues of their recent quarter surpassed estimates. Proposed for
dividend hikes and
yield payout are also included within. A solid footing has been gained by Xylem in the end-market but concerns about underlying quality of earnings persist.
Water Stewardship Commitments unveiled by Xylem help scale sustainability impacts.
Xylem XYL News Analytics from Wed, 01 Nov 2023 07:00:00 GMT to Sun, 16 Jun 2024 16:51:15 GMT -
Rating 4
- Innovation -2
- Information 6
- Rumor -1
