STOCK TITAN

Xylem Inc - XYL STOCK NEWS

Welcome to our dedicated page for Xylem news (Ticker: XYL), a resource for investors and traders seeking the latest updates and insights on Xylem stock.

Xylem Inc. (NYSE: XYL) is a premier global water technology provider with a mission to create innovative solutions for the world’s most challenging water and wastewater problems. Headquartered in Rye Brook, New York, Xylem operates in more than 150 countries and offers a diverse range of products and services that cater to public utilities, residential and commercial building services, and industrial and agricultural sectors.

With roots tracing back to its spin-off from ITT in 2011, Xylem has quickly grown to become a leader in the water technology industry. As of 2023, the company generated $7.4 billion in revenue and employed approximately 16,200 people worldwide.

Xylem's product portfolio includes advanced transport systems, cutting-edge treatment solutions, precise testing equipment, and efficient water usage technologies. The company is renowned for its market-leading brands, each known for their innovation and efficacy. Xylem also boasts a strong commitment to sustainability, being named to the Dow Jones Sustainability Index multiple times for its sustainable business practices and solutions.

Recent achievements include significant advancements in smart water infrastructure, partnerships with leading environmental organizations, and investments in research and development to drive future growth. Xylem’s local solutions are designed to meet global needs, demonstrating its expertise and dedication to improving water systems globally.

In terms of financial health, Xylem has consistently shown robust revenue growth, reflecting its strong market position and the effectiveness of its strategic initiatives. The company's ongoing projects aim to enhance water accessibility, quality, and efficiency across various regions, further solidifying its role as a critical player in the water technology space.

Xylem Inc. continues to pioneer in the water technology sector through its innovative solutions and unwavering commitment to addressing the world’s water challenges. For investors and stakeholders, Xylem represents a blend of steady growth, sustainability, and technological innovation.

Stay updated with the latest news and developments from Xylem Inc. to understand how this industry leader is shaping the future of water technology.

Rhea-AI Summary
Spanish water utility Consorci d'Aigües de Tarragona and Oklahoma-based Mingo Aerospace have been recognized for their world-class water stewardship by Xylem. The companies were awarded for their innovative technologies that save water, energy, and money, showcasing a commitment to sustainability. Consorci d'Aigües de Tarragona implemented a digital twin system after a pipeline failure, reducing water use by over 25,000 cubic meters annually. Mingo Aerospace introduced a closed-loop wastewater system, saving 189 cubic meters of water per year. Xylem's Sustainability Excellence Awards aim to promote environmental goals and recognize leaders in water stewardship.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.89%
Tags
none
-
Rhea-AI Summary
Xylem Inc. (NYSE: XYL) will host its 2024 Investor Day on May 30, 2024, at 11:00 a.m. (ET) at the Reservoir Center for Water Solutions in Washington, DC. Investors can attend in person or virtually. Company executives will provide updates.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.53%
Tags
conferences
-
Rhea-AI Summary
Xylem, a global water technology leader, has been recognized for excellence in sustainable finance for its $1 billion Revolving Credit Facility. The facility ties interest rates to sustainability performance, including reducing greenhouse gas emissions and enabling customers' carbon footprint reduction. Xylem's sustainability efforts have been acknowledged by Environmental Finance magazine, with the company being praised for its leadership in sustainable financing and overall sustainability progress.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.74%
Tags
none
Rhea-AI Summary
New EPA regulations mandate municipalities and water providers to reduce and disclose PFAS levels in drinking water. Xylem offers an innovative mobile treatment system, MitiGATOR™, to help utilities comply with the new standards.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.47%
Tags
none
-
Rhea-AI Summary
Xylem Inc. (NYSE: XYL) will release its first quarter 2024 results on May 2, 2024, followed by a conference call with investors. The call details and replay information are provided for interested parties.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.46%
Tags
-
Rhea-AI Summary
UNICEF and Xylem partner to address urgent water and sanitation challenges in the Horn of Africa, focusing on Ethiopia, Somalia, Sudan, and Uganda. The collaboration aims to provide resilient, equitable, and sustainable services to vulnerable communities affected by climate extremes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.11%
Tags
partnership
Rhea-AI Summary
Xylem (NYSE: XYL) supports a €79 million urban regeneration project in Rome for the Catholic Church's 2025 Jubilee by providing advanced water technology to relocate major sewer infrastructure, enabling the construction of a pedestrian link for 35 million visitors. The project, part of a €1.8 billion investment funded by the National Recovery and Resilience Plan, showcases Xylem's expertise in managing water systems efficiently and sustainably.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.49%
Tags
none
-
Rhea-AI Summary
Xylem (NYSE: XYL) launches the 2024 Global Student Innovation Challenge, inviting high school and university students worldwide to address water challenges. Participants aged 13-25 can submit ideas to reduce plastic ocean waste, lower GHG emissions, and minimize water waste, mentored by industry experts.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.3%
Tags
none
-
Rhea-AI Summary
Xylem's 2024 Accelerator Program welcomes startups worldwide to tackle water issues with advanced technologies. The program aims to address water scarcity, emerging contaminants, and climate change impacts through innovative solutions. EOMAP, a Germany-based company, partners with Xylem to enhance water quality monitoring using satellite data. Xylem's Accelerator fosters collaboration to refine and scale water solutions, benefiting customers globally.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.13%
Tags
none
Rhea-AI Summary
Xylem Inc. appoints Radhika Fox as Senior Advisor, a renowned water expert. Fox will provide strategic counsel on water sector issues and support Xylem's strategy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.02%
Tags
none

FAQ

What is the current stock price of Xylem (XYL)?

The current stock price of Xylem (XYL) is $121.58 as of January 23, 2025.

What is the market cap of Xylem (XYL)?

The market cap of Xylem (XYL) is approximately 29.6B.

What is Xylem Inc.?

Xylem Inc. is a global water technology company that provides solutions for water transport, treatment, testing, and efficient use in various sectors.

Where is Xylem Inc. headquartered?

Xylem Inc. is headquartered in Rye Brook, New York.

In how many countries does Xylem operate?

Xylem operates in more than 150 countries worldwide.

What sectors does Xylem serve?

Xylem serves public utilities, residential and commercial building services, industrial, and agricultural sectors.

How much revenue did Xylem generate in 2023?

Xylem generated $7.4 billion in revenue in 2023.

How many employees does Xylem have?

As of 2023, Xylem employs approximately 16,200 people.

What recognition has Xylem received for its sustainability efforts?

Xylem has been named to the Dow Jones Sustainability Index multiple times for its sustainable business practices.

When was Xylem spun off from ITT?

Xylem was spun off from ITT in 2011.

What are some of Xylem's recent achievements?

Recent achievements include advancements in smart water infrastructure, partnerships with environmental organizations, and significant investments in R&D.

What is the focus of Xylem's ongoing projects?

Xylem's ongoing projects focus on enhancing water accessibility, quality, and efficiency across various regions.
Xylem Inc

NYSE:XYL

XYL Rankings

XYL Stock Data

29.55B
241.29M
0.65%
94.07%
1.41%
Specialty Industrial Machinery
Pumps & Pumping Equipment
Link
United States of America
WASHINGTON