Strengthening Families & Communities LLC Acquires 391 Shares of Xylem Inc. (NYSE:XYL)

Strengthening Families & Communities LLC raised its holdings in Xylem Inc. (NYSE:XYL) by 2.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 19,281 shares of the industrial products company’s stock after acquiring an additional 391 shares during the period. Xylem comprises 1.3% of Strengthening Families & Communities LLC’s holdings, making the stock its 25th biggest holding. Strengthening Families & Communities LLC’s holdings in Xylem were worth $2,237,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of XYL. First Trust Direct Indexing L.P. lifted its stake in shares of Xylem by 0.9% in the third quarter. First Trust Direct Indexing L.P. now owns 9,070 shares of the industrial products company’s stock worth $1,225,000 after acquiring an additional 78 shares during the period. Angeles Wealth Management LLC increased its holdings in Xylem by 3.6% in the third quarter. Angeles Wealth Management LLC now owns 2,462 shares of the industrial products company’s stock worth $332,000 after purchasing an additional 86 shares in the last quarter. Farther Finance Advisors LLC increased its holdings in Xylem by 6.6% in the third quarter. Farther Finance Advisors LLC now owns 1,412 shares of the industrial products company’s stock worth $191,000 after purchasing an additional 87 shares in the last quarter. Clear Creek Financial Management LLC increased its holdings in Xylem by 4.3% in the fourth quarter. Clear Creek Financial Management LLC now owns 2,315 shares of the industrial products company’s stock worth $269,000 after purchasing an additional 96 shares in the last quarter. Finally, Bleakley Financial Group LLC increased its holdings in Xylem by 2.3% in the fourth quarter. Bleakley Financial Group LLC now owns 4,359 shares of the industrial products company’s stock worth $506,000 after purchasing an additional 96 shares in the last quarter. Institutional investors own 87.96% of the company’s stock.

Xylem Trading Up 0.1 %

Shares of Xylem stock opened at $131.24 on Tuesday. The stock has a fifty day simple moving average of $121.03 and a 200 day simple moving average of $127.35. Xylem Inc. has a 12-month low of $113.26 and a 12-month high of $146.08. The company has a market capitalization of $31.88 billion, a P/E ratio of 35.86, a price-to-earnings-growth ratio of 2.36 and a beta of 1.07. The company has a current ratio of 1.76, a quick ratio of 1.42 and a debt-to-equity ratio of 0.19.

Xylem (NYSE:XYL) last announced its quarterly earnings results on Tuesday, February 4th. The industrial products company reported $1.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.12 by $0.06. Xylem had a return on equity of 9.96% and a net margin of 10.40%. The business had revenue of $2.30 billion during the quarter, compared to the consensus estimate of $2.18 billion. During the same quarter in the prior year, the company posted $0.99 earnings per share. Xylem’s revenue was up 8.6% compared to the same quarter last year. On average, sell-side analysts anticipate that Xylem Inc. will post 4.66 earnings per share for the current fiscal year.

Xylem Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 19th. Investors of record on Tuesday, February 18th will be issued a dividend of $0.40 per share. The ex-dividend date is Tuesday, February 18th. This represents a $1.60 annualized dividend and a yield of 1.22%. This is an increase from Xylem’s previous quarterly dividend of $0.36. Xylem’s dividend payout ratio is 39.34%.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. Wolfe Research reiterated a “peer perform” rating on shares of Xylem in a report on Thursday, December 12th. Citigroup downgraded Xylem from a “strong-buy” rating to a “hold” rating in a report on Wednesday, February 5th. Robert W. Baird lifted their target price on Xylem from $139.00 to $148.00 and gave the stock an “outperform” rating in a report on Wednesday, February 5th. Stifel Nicolaus lowered their target price on Xylem from $166.00 to $150.00 and set a “buy” rating for the company in a report on Friday, January 24th. Finally, Royal Bank of Canada decreased their price objective on Xylem from $163.00 to $162.00 and set an “outperform” rating for the company in a report on Friday, November 1st. Four equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $149.90.

Xylem Profile

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.