Meyer Handelman Co. has reduced its positions in Xylem Inc.(NYSE:XYL), with Marcum Wealth LLC, Gulf International Bank UK Ltd, Mather Group LLC, Gamma Investing LLC, HighPoint Advisor Group LLC, Wahed Invest LLC, MONECO Advisors LLC, and a range of other investment management firms showing investment in Xylem Inc.. Xylem's stock has seen strong momentum with a potential uptick attributed to reasons including robust revenue growth, strong financials, and recent emphases on sustainability. Moreover, there has been a significant drop in Xylem's short interest. Xylem has also reported a good earnings, and the first quarter 2024 financial results have surpassed the estimated values. The company issued FY 2024 earnings guidance showing a positive future forecast. However, there has been a substantial sale of stock by insiders which possibly signals caution. Furthermore, Xylem's reuse blade strategy has attracted attention.
Xylem XYL News Analytics from Wed, 01 Nov 2023 07:00:00 GMT to Sun, 23 Jun 2024 13:36:35 GMT -
Rating 7
- Innovation 6
- Information 6
- Rumor 2
