KKM Financial LLC Sells 134 Shares of Xylem Inc. (NYSE:XYL)

KKM Financial LLC reduced its stake in shares of Xylem Inc. (NYSE:XYL) by 3.1% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 4,200 shares of the industrial products company’s stock after selling 134 shares during the period. KKM Financial LLC’s holdings in Xylem were worth $487,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of XYL. Lee Danner & Bass Inc. bought a new position in Xylem during the 4th quarter worth about $30,000. Rialto Wealth Management LLC acquired a new stake in Xylem in the 4th quarter valued at approximately $31,000. Heck Capital Advisors LLC bought a new stake in Xylem in the 4th quarter valued at approximately $36,000. Pathway Financial Advisers LLC grew its stake in shares of Xylem by 122.4% during the 4th quarter. Pathway Financial Advisers LLC now owns 318 shares of the industrial products company’s stock worth $37,000 after acquiring an additional 175 shares in the last quarter. Finally, SRS Capital Advisors Inc. raised its holdings in shares of 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 purchasing an additional 130 shares during the last quarter. Institutional investors own 87.96% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on XYL shares. Royal Bank of Canada raised their target price on shares of Xylem from $143.00 to $147.00 and gave the company an “outperform” rating in a research report on Wednesday, April 30th. Citigroup lowered their price target on Xylem from $152.00 to $134.00 and set a “buy” rating on the stock in a research report on Monday, April 14th. Stifel Nicolaus raised their target price on shares of Xylem from $140.00 to $141.00 and gave the company a “buy” rating in a research note on Wednesday, April 30th. Finally, Robert W. Baird dropped their price objective on Xylem from $149.00 to $146.00 and set an “outperform” rating on the stock in a research note on Wednesday, April 30th. Two research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $146.88.

Xylem Stock Down 0.4 %

XYL opened at $122.77 on Friday. The stock has a fifty day moving average of $117.32 and a 200-day moving average of $121.47. The company has a market capitalization of $29.88 billion, a P/E ratio of 33.54, a P/E/G ratio of 2.33 and a beta of 1.10. Xylem Inc. has a fifty-two week low of $100.47 and a fifty-two week high of $146.08. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.33 and a current ratio of 1.76.

Xylem (NYSE:XYL) last posted its quarterly earnings data on Tuesday, April 29th. The industrial products company reported $1.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.95 by $0.08. Xylem had a net margin of 10.40% and a return on equity of 9.96%. The firm had revenue of $2.07 billion during the quarter, compared to the consensus estimate of $2.04 billion. During the same quarter in the previous year, the firm posted $0.90 EPS. The business’s revenue for the quarter was up 1.8% compared to the same quarter last year. On average, equities analysts expect that Xylem Inc. will post 4.65 EPS for the current year.

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.