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Two major investors reduced their stakes in Xylem Inc., but the company maintains a strong financial outlook.
Rosenblum Silverman Sutton S F Inc. and Somerville Kurt F, two institutional investors, have reduced their holdings in Xylem Inc. (NYSE:XYL) by 20.3% and 0.8%, respectively.
Despite these reductions, Xylem has a strong financial position, with a market cap of $26.96 billion and a price-to-earnings ratio of 30.31.
The company recently reported a net margin of 10.40% and beat earnings expectations, projecting a positive outlook for the year ahead.
Analysts maintain a "Moderate Buy" rating with a target price of $149.89.
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Dos inversores importantes redujeron sus participaciones en Xylem Inc., pero la compañía mantiene unas perspectivas financieras sólidas.