Xylem Inc. (NYSE:XYL) Shares Acquired by Integrated Advisors Network LLC

Integrated Advisors Network LLC lifted its holdings in shares of Xylem Inc. (NYSE:XYL) by 3.5% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 5,612 shares of the industrial products company’s stock after purchasing an additional 191 shares during the quarter. Integrated Advisors Network LLC’s holdings in Xylem were worth $670,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Perkins Coie Trust Co acquired a new position in Xylem in the first quarter valued at about $27,000. Lee Danner & Bass Inc. purchased a new stake in shares of Xylem in the 4th quarter valued at approximately $30,000. Rialto Wealth Management LLC acquired a new position in shares of Xylem in the 4th quarter worth approximately $31,000. Heck Capital Advisors LLC purchased a new position in shares of Xylem during the 4th quarter worth approximately $36,000. Finally, Pathway Financial Advisers LLC boosted its position 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 purchasing an additional 175 shares during the period. 87.96% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the company. Royal Bank of Canada upped their price target on Xylem from $143.00 to $147.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 30th. Stifel Nicolaus boosted their price objective on Xylem from $140.00 to $141.00 and gave the company a “buy” rating in a report on Wednesday, April 30th. Citigroup lowered their target price on Xylem from $152.00 to $134.00 and set a “buy” rating for the company in a report on Monday, April 14th. Robert W. Baird dropped their target price on Xylem from $149.00 to $146.00 and set an “outperform” rating for the company in a research report on Wednesday, April 30th. Finally, JPMorgan Chase & Co. initiated coverage on shares of Xylem in a research report on Friday, May 30th. They set an “overweight” rating and a $148.00 price target on the stock. Three analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $143.71.

Xylem Price Performance

Shares of NYSE XYL opened at $125.35 on Friday. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.76 and a quick ratio of 1.33. The company has a market cap of $30.50 billion, a price-to-earnings ratio of 34.25, a price-to-earnings-growth ratio of 2.33 and a beta of 1.13. The stock’s 50-day moving average is $120.52 and its two-hundred day moving average is $121.76. Xylem Inc. has a 1-year low of $100.47 and a 1-year high of $143.50.

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

Xylem Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 26th. Shareholders of record on Thursday, May 29th will be given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.28%. The ex-dividend date of this dividend is Thursday, May 29th. Xylem’s dividend payout ratio is presently 43.01%.

About Xylem

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.