Kingsview Wealth Management LLC reduced its stake in shares of Xylem Inc. ( NYSE:XYL – Free Report ) by 9.0% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,417 shares of the industrial products company’s stock after selling 240 shares during the period. Kingsview Wealth Management LLC’s holdings in Xylem were worth $326,000 as of its most recent SEC filing. Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Swedbank AB increased its holdings in shares of Xylem by 22.8% during the 3rd quarter. Swedbank AB now owns 2,991,583 shares of the industrial products company’s stock worth $403,953,000 after buying an additional 554,609 shares during the last quarter. B. Metzler seel. Sohn & Co. Holding AG acquired a new stake in Xylem during the third quarter worth $52,169,000. Champlain Investment Partners LLC raised its position in Xylem by 17.8% in the third quarter. Champlain Investment Partners LLC now owns 1,657,785 shares of the industrial products company’s stock valued at $223,851,000 after purchasing an additional 249,975 shares during the period. LPL Financial LLC lifted its position in Xylem by 246.6% in the second quarter. LPL Financial LLC now owns 324,504 shares of the industrial products company’s stock valued at $44,012,000 after buying an additional 230,878 shares during the last quarter. Finally, TCW Group Inc. boosted its stake in Xylem by 189.2% during the second quarter. TCW Group Inc. now owns 315,400 shares of the industrial products company’s stock worth $42,778,000 after buying an additional 206,350 shares during the period. Institutional investors and hedge funds own 87.96% of the company’s stock. Xylem Price Performance Xylem stock opened at $126.68 on Friday. The stock has a market cap of $30.78 billion, a P/E ratio of 37.04, a price-to-earnings-growth ratio of 2.31 and a beta of 1.05. The company has a fifty day simple moving average of $129.53 and a 200-day simple moving average of $133.88. The company has a current ratio of 1.96, a quick ratio of 1.42 and a debt-to-equity ratio of 0.19. Xylem Inc. has a 12-month low of $102.67 and a 12-month high of $146.08. Xylem Dividend Announcement The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 24th. Stockholders of record on Tuesday, November 26th will be given a dividend of $0.36 per share. The ex-dividend date is Tuesday, November 26th. This represents a $1.44 annualized dividend and a dividend yield of 1.14%. Xylem’s dividend payout ratio is presently 42.11%. Analyst Ratings Changes XYL has been the topic of a number of research analyst reports. Royal Bank of Canada cut their target price on Xylem from $163.00 to $162.00 and set an “outperform” rating on the stock in a research report on Friday, November 1st. UBS Group began coverage on Xylem in a report on Tuesday, August 13th. They set a “buy” rating and a $165.00 target price for the company. Robert W. Baird cut their price target on shares of Xylem from $175.00 to $154.00 and set an “outperform” rating on the stock in a research note on Friday, November 1st. Finally, TD Cowen lowered their price objective on shares of Xylem from $138.00 to $125.00 and set a “hold” rating for the company in a research note on Wednesday, November 6th. Four investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $149.64. View Our Latest Stock Report on XYL Xylem Profile ( Free Report ) Xylem Inc, together with its subsidiaries, engages in the design, manufacture, and servicing of engineered products and solutions worldwide. It operates through four segments: Water Infrastructure, Applied Water, Measurement & Control Solutions, and Integrated Solutions and Services. The Water Infrastructure segment offers products, including water, storm water, and wastewater pumps; controls and systems; filtration, disinfection, and biological treatment equipment; and mobile dewatering equipment and rental services under the ADI, Flygt, Godwin, Sanitaire, Magneto, Neptune Benson, Ionpure, Leopold, Wedeco, and Xylem Vue brands. Read More Want to see what other hedge funds are holding XYL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Xylem Inc. ( NYSE:XYL – Free Report ). Receive News & Ratings for Xylem Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Xylem and related companies with MarketBeat.com's FREE daily email newsletter .Charles Schwab Investment Management Inc. Grows Stock Position in Ryan Specialty Holdings, Inc. (NYSE:RYAN)
BILLINGS — All five Montana High School Association state championship football games this weekend will be livestreamed on the subscription-based NFHS Network. Plans call for announcers for every game. 2024 Montana high school football playoff brackets The State AA championship game pits Kalispell Glacier at Helena Capital on Friday at 7 p.m. The State A title game of Laurel at Billings Central is at Herb Klindt Field on Saturday at 1 p.m. The State B championship game of Manhattan at Malta is Saturday at 1 p.m. The 8-Man state championship game of Belt at Fairview is on Saturday at 1 p.m. The 6-Man state championship game of Box Elder at Bridger is on Saturday at 1 p.m. The NFHS Network can be accessed by visiting the MHSA website homepage ( mhsa.org ). Get in the game with our Prep Sports Newsletter Sent weekly directly to your inbox!Renck vs. Keeler: Should Broncos’ Sean Payton win Coach of the Year honors?
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Ruud van Nistelrooy admits he was “hurt” at having to leave Manchester United last month. Van Nistelrooy returned to Old Trafford as Erik ten Hag’s assistant in the summer and had a four-game interim spell in charge following his compatriot’s sacking in October. He left the club in the wake of Ruben Amorim’s appointment but was only out of work for two weeks after being appointed Leicester’s new manager on a deal until 2027. The 48-year-old had a glittering playing career with United and was disappointed his return had to end so soon. “The moment I took over the interim job what I said was I’m here to help United and to stay to help United, and I meant it,” he said. “So I was disappointed, yeah, very much so, and it hurt I had to leave. “The only job I would take as an assistant was at United because of the bond that I have with the people in the club and the fans. “But in the end I got my head around it because I also understand the new manager. I’m in football long enough, and I’ve managed myself, that you can think of a situation, me being there, I understand. “I spoke to Ruben about it, fair enough to him, the conversation was grateful, man to man, person to person, manager to manager, and that helped a lot to move on and straightaway get into talks with new possibilities which of course lifted my spirits.” The Dutchman takes on a difficult job at the King Power Stadium as he is tasked with keeping Leicester in the Premier League. He inherits an influential dressing room, which has seen a number of managers come and go over the last few years. Ruud's here for his first press conference as our Manager 😃 pic.twitter.com/A4Juixvorb — Leicester City (@LCFC) December 2, 2024 Van Nistelrooy revealed he has done his due diligence and also let the players know as well. “It’s the only way you can work. It’s mutual respect. I also mentioned to the players yesterday that I looked at the squad and started to make phone calls about players, because in football everyone knows everyone,” he said. “With two or three phone calls you hear stories about 20 players and for me it was important that you hear there are good characters there. That’s important, that there are good people there. “I look at the players how they play. I obviously don’t know them but I got general information and the individuals that they are a good bunch of people. That was important for me to get in.”NEW YORK — Technology stocks pulled Wall Street to another record amid a mixed Monday of trading. The S&P 500 rose 0.2% from its all-time high set Friday to post a record for the 54th time this year. The Dow Jones Industrial Average fell 128 points, or 0.3%, while the Nasdaq composite gained 1%. Super Micro Computer, a stock that’s been on an AI-driven roller coaster, soared 28.7% to lead the market. Following allegations of misconduct and the resignation of its public auditor, the maker of servers used in artificial-intelligence technology said an investigation found no evidence of misconduct by its management or by the company’s board. It also said it doesn’t expect to restate its past financials and that it will find a new chief financial officer, appoint a general counsel and make other moves to strengthen its governance. Big Tech stocks also helped prop up the market. Gains of 1.8% for Microsoft and 3.2% for Meta Platforms were the two strongest forces pushing upward on the S&P 500. Intel was another propellant during the morning, but it lost an early gain to fall 0.5% after the chip company said CEO Pat Gelsinger has retired and stepped down from the board. Intel is looking for Gelsinger’s replacement, and its chair said it’s “committed to restoring investor confidence.” Intel recently lost its spot in the Dow Jones Industrial Average to Nvidia, which has skyrocketed in Wall Street’s frenzy around AI. The majority of stocks in the S&P 500 fell, including California utility PG&E. It dropped 5% after saying it would sell $2.4 billion of stock and preferred shares to raise cash. Retailers were mixed amid what’s expected to be the best Cyber Monday on record and coming off Black Friday. Target fell 1.2%. Walmart rose 0.2%. Amazon, which looks to benefit from online sales from Cyber Monday, climbed 1.4%. All told, the S&P 500 added 14.77 points to 6,047.15. The Dow fell 128.65 to 44,782.00, and the Nasdaq composite climbed 185.78 to 19,403.95. The stock market largely took Donald Trump’s latest threat on tariffs in stride. The president-elect on Saturday threatened 100% tariffs against a group of developing economies if they act to undermine the U.S. dollar. Trump said he wants the group, headlined by Brazil, Russia, India and China, to promise it won’t create a new currency or otherwise try to undercut the U.S. dollar. The U.S. dollar’s value rose Monday against several other currencies, but one of its strongest moves likely had less to do with the tariff threats. The euro fell amid a political battle in Paris over the French government’s budget. The euro sank 0.7% against the U.S. dollar and broke below $1.05. In the bond market, Treasury yields gave up early gains to hold relatively steady. The yield on the 10-year Treasury ended the day at 4.19%. Get local news delivered to your inbox!
Why Is Robinhood (HOOD) Stock Rocketing Higher TodayBritish Columbia’s new health minister says she’s aiming for more treatment beds and fewer deaths in a revamped approach to the province’s drug overdose crisis. It comes after David Eby’s newly elected government eliminated the stand-alone Ministry of Mental Health and Addictions, which advocates say had no “teeth.” The former ministry was created in 2017 to provide co-ordinated responses to the toxic drug crisis, which has killed more than 15,000 people in the past eight years, but it has now been absorbed into the Health Ministry. “Certainly, I really do think the time is right to fold the ministry back into the Ministry of Health,” said Josie Osborne, who was appointed health minister last week, replacing former minister Adrian Dix. “I think we’re in a much better position to expedite action and decision making,” Osborne said in an interview. “Now is the time to bring that together. The premier’s been very clear he expects an all-of-government approach to this.” The B.C. Coroners Service says 1,749 people have died of toxic drug overdoses so far this year. Last year the service reported 2,551 overdose deaths, the most ever recorded in a single year in the province. “We are going to do everything possible that we can to reduce the number of deaths and the impacts on people and families,” Osborne said. “This is one of the toughest challenges our government, our society, that B.C. faces and one of our government’s top priorities. The key here is helping people and doing everything we can from all different approaches to reduce the number of deaths and to help people recover and be well.” B.C. drug policy advocates who are calling on the government to support more safe supply and drug decriminalization policy initiatives say they will watch for signs that the changes, and Osborne’s appointment, result in shifts in direction and approaches. “It’s good because the Ministry of Mental Health and Addictions wasn’t ever really set up to succeed,” said DJ Larkin, executive director of the Canadian Drug Policy Coalition and an adjunct professor at the faculty of health sciences at Simon Fraser University. “It didn’t have the budget or the authority to do what needed to happen and it set expectations they couldn’t meet,” Larkin said. “It didn’t have the teeth. That sets up people for disappointment because they gather the data. They get the expert input. They get the ideas but they didn’t have the teeth to make it happen.” Leslie McBain, co-founder of Moms Stop the Harm, a harm-reduction advocacy group, said she’s looking forward to the ministry change because “we have not got very far in terms of the toxic drug crisis.” She said she believed the Ministry of Mental Health and Addictions was “a little bit hooped,” because it fell under the health ministry but had little power. “I’m optimistic now, of course,” said McBain. “I think change is better than being stuck in a place where there hasn’t been great movement. These seven or eight years we’ve been waiting for things to improve and they have not. So, with a change, there’s hope.” But Larkin and McBain, whose son Jordan died of an overdose more than a decade ago, say they will continue to push Osborne and the NDP government to support efforts to back decriminalization and safe supply efforts. The government flatly rejected calls from the province’s chief coroner Lisa Lapointe earlier this year to provide non-prescription access to controlled drugs. It also rolled back a decriminalization pilot project after political and public outcry over open drug use. “Decriminalization has been basically gutted by the premier,” McBain said. “It needs to be strengthened rather than gutted for people to be able to use drugs safely.” Larkin said advocates intend to push Osborne and the government to continue to initiate policy reform towards more decriminalization of drugs. “There are hundreds and hundreds of thousands of people every year who use unregulated drugs. That is the source of this problem. If we want to save heath care dollars, policing dollars and reinvest in communities we need to deal with the unregulated drug supply, and that means changing the law,” Larkin said. Osborne acknowledged the issues of decriminalization, safe supply and involuntary care, but said as a new minister she is looking to address the overdose crisis by reaching out to agencies, communities and people. “Right now what’s ahead of me is learning about and listening to people, communities and all the agencies and organizations to understand the real on-the-ground impacts of different approaches to this,” she said.BILLINGS — All five Montana High School Association state championship football games this weekend will be livestreamed on the subscription-based NFHS Network. Plans call for announcers for every game. 2024 Montana high school football playoff brackets The State AA championship game pits Kalispell Glacier at Helena Capital on Friday at 7 p.m. The State A title game of Laurel at Billings Central is at Herb Klindt Field on Saturday at 1 p.m. The State B championship game of Manhattan at Malta is Saturday at 1 p.m. The 8-Man state championship game of Belt at Fairview is on Saturday at 1 p.m. The 6-Man state championship game of Box Elder at Bridger is on Saturday at 1 p.m. The NFHS Network can be accessed by visiting the MHSA website homepage ( mhsa.org ). Get in the game with our Prep Sports Newsletter Sent weekly directly to your inbox!
