Xylem Inc Stock Price, News & Analysis

Xylem is partnering with UNICEF to enhance water, sanitation, and hygiene (WASH) awareness among over 3.4 million children in India’s vulnerable communities by the end of 2023. The initiative targets schools and pre-schools, addressing critical issues as 25% of Indian children face high water vulnerability. The collaboration aims to implement gender-sensitive WASH facilities and promote hygiene practices, particularly in the context of COVID-19. This partnership contributes to the UN Sustainable Development Goals, furthering Xylem’s commitment to sustainable water access.

Xylem Inc. (NYSE: XYL) announced new leadership in its Investor Relations team, effective January 1, 2022. Matthew Latino, previously Vice President of Investor Relations, becomes Vice President of Finance for the Applied Water Systems and Americas Commercial Team. Samir Patel, currently Treasurer, is appointed Vice President of Treasury and Investor Relations. Both will report to Sandra Rowland, the Chief Financial Officer. Xylem, a global water technology leader, aims to enhance shareholder engagement and capitalize on expertise in their new roles.

The Board of Directors of Xylem (NYSE: XYL) has announced a third quarter dividend of $0.28 per share. This dividend will be payable on December 21, 2021, to shareholders of record by November 23, 2021. Xylem, a global leader in water technology, generated $4.88 billion in revenue during 2020, demonstrating its commitment to addressing critical water and infrastructure challenges worldwide.

Xylem Inc. (NYSE: XYL) collaborates with Manchester City Football Club's Cityzens Giving program to address global water challenges. Fans can vote for their favorite "water heroes" from November 8-21, 2021, showcasing projects aimed at urban flooding, water access, and sustainability in cities like Cape Town, Mumbai, Shanghai, and New York City. The winning project allows three young leaders to visit Manchester for training and exposure to water solutions. Each project will receive seed funding and training from Xylem and Cityzens Giving.

Xylem Inc. (NYSE: XYL) has released a paper highlighting the potential for global water utilities to cut greenhouse gas (GHG) emissions by up to 50%, comparable to the emissions of the shipping industry. The report emphasizes the use of existing, high-efficiency technologies that can be deployed at little to no cost. Xylem's President and CEO, Patrick Decker, notes that these technologies and processes can lead utilities towards achieving their net-zero emissions goals by 2030, significantly benefiting both the environment and operational efficiency.

Xylem Inc. (XYL) reported a 22% growth in orders and 4% revenue growth for Q3 2021. Net income was $114 million or $0.63 per share, with an adjusted net income of $116 million. However, the company lowered its full-year organic revenue guidance to 3% to 4% and adjusted earnings per share to $2.40 to $2.50, citing ongoing supply constraints, particularly related to chip shortages. While demand for water solutions remains strong, these challenges have hindered order conversion, affecting overall outlook.

Xylem Inc. (NYSE: XYL) has announced an expanded partnership with Imagine H2O, a leading water innovation accelerator. This collaboration focuses on supporting startups in Southeast Asia dedicated to addressing water challenges. Xylem will leverage its Innovation Labs to mentor and evaluate entrepreneurial solutions for water access and infrastructure resilience. The initiative aims to mobilize innovation swiftly in response to ongoing droughts and weather events. Applications for the Urban Water Challenge are currently open, encouraging startups to promote water sustainability in coastal cities.

Xylem Inc. (NYSE: XYL) will announce its third quarter 2021 results on November 2, 2021, at 6:55 a.m. ET. A conference call will follow at 10:00 a.m. ET, where senior management will engage with investors. Interested parties can access the call by dialing 866-342-8591 (US) or +1 (203) 518-9713 (INTL) with ID # XYLQ321. Additionally, a replay will be available until November 9, 2021. Xylem reported revenue of $4.88 billion in 2020, focusing on innovative water technology solutions globally.

Xylem, a global water technology company, has called on water sector leaders to unite for a global sustainability initiative aimed at reducing greenhouse gas emissions associated with water management. The plea follows Xylem's commitment to achieve net-zero carbon emissions across its value chain by 2050. Currently, water management contributes up to 10% of global greenhouse gas emissions. The company collaborates with various organizations to encourage water utilities to adopt ambitious targets in line with the UN’s Race to Zero campaign, highlighting the urgent need for sustainable practices in the sector.