Xylem Inc. (NYSE:XYL) Holdings Cut by Xponance Inc.

Xponance Inc. trimmed its position in shares of Xylem Inc. (NYSE:XYL) by 2.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 33,964 shares of the industrial products company’s stock after selling 694 shares during the period. Xponance Inc.’s holdings in Xylem were worth $3,941,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the company. Rialto Wealth Management LLC acquired a new position in Xylem in the 4th quarter worth about $31,000. Heck Capital Advisors LLC acquired a new position in Xylem in the fourth quarter worth approximately $36,000. Pathway Financial Advisers LLC raised its position in Xylem by 122.4% during the fourth quarter. Pathway Financial Advisers LLC now owns 318 shares of the industrial products company’s stock valued at $37,000 after acquiring an additional 175 shares in the last quarter. SRS Capital Advisors Inc. lifted its stake in Xylem by 69.5% in the fourth quarter. SRS Capital Advisors Inc. now owns 317 shares of the industrial products company’s stock valued at $37,000 after acquiring an additional 130 shares during the last quarter. Finally, Flagship Wealth Advisors LLC bought a new stake in Xylem in the fourth quarter worth approximately $39,000. Institutional investors and hedge funds own 87.96% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently issued reports on XYL. Citigroup lowered shares of Xylem from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 5th. Robert W. Baird boosted their price target on Xylem from $139.00 to $148.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 5th. Stifel Nicolaus lowered their price objective on Xylem from $166.00 to $150.00 and set a “buy” rating on the stock in a report on Friday, January 24th. Finally, Wolfe Research restated a “peer perform” rating on shares of Xylem in a report on Thursday, December 12th. Four equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, Xylem currently has an average rating of “Moderate Buy” and a consensus target price of $149.89.

Xylem Stock Performance

Shares of NYSE XYL opened at $119.84 on Friday. Xylem Inc. has a 12 month low of $113.26 and a 12 month high of $146.08. The company has a market cap of $29.13 billion, a P/E ratio of 32.74, a P/E/G ratio of 2.33 and a beta of 1.08. The business’s 50 day moving average is $125.15 and its two-hundred day moving average is $126.28. The company has a quick ratio of 1.33, a current ratio of 1.76 and a debt-to-equity ratio of 0.19.

Xylem (NYSE:XYL) last announced its earnings results on Tuesday, February 4th. The industrial products company reported $1.18 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.12 by $0.06. The business had revenue of $2.30 billion for the quarter, compared to analyst estimates of $2.18 billion. Xylem had a net margin of 10.40% and a return on equity of 9.96%. Xylem’s revenue was up 8.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.99 earnings per share. On average, equities analysts expect that Xylem Inc. will post 4.65 EPS for the current year.

Xylem Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 19th. Stockholders of record on Tuesday, February 18th were given a dividend of $0.40 per share. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.34%. This is a positive change from Xylem’s previous quarterly dividend of $0.36. Xylem’s dividend payout ratio is currently 43.72%.

Xylem Company 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.