Xylem Inc. (NYSE:XYL) Shares Purchased by SFE Investment Counsel

SFE Investment Counsel grew its stake in Xylem Inc. (NYSE:XYL) by 48.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 27,760 shares of the industrial products company’s stock after acquiring an additional 9,010 shares during the quarter. SFE Investment Counsel’s holdings in Xylem were worth $3,221,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the stock. Pathway Financial Advisers LLC lifted 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 purchasing an additional 175 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new position in Xylem in the fourth quarter valued at $534,000. Allspring Global Investments Holdings LLC lifted its position in Xylem by 3.6% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 12,777 shares of the industrial products company’s stock worth $1,481,000 after buying an additional 444 shares during the period. Community Financial Services Group LLC boosted its stake in Xylem by 0.8% in the 4th quarter. Community Financial Services Group LLC now owns 25,300 shares of the industrial products company’s stock worth $2,935,000 after buying an additional 204 shares during the last quarter. Finally, Strengthening Families & Communities LLC grew its holdings in Xylem by 2.1% in the 4th quarter. Strengthening Families & Communities LLC now owns 19,281 shares of the industrial products company’s stock valued at $2,237,000 after buying an additional 391 shares during the period. Institutional investors and hedge funds own 87.96% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on XYL shares. TD Cowen decreased their target price on shares of Xylem from $138.00 to $125.00 and set a “hold” rating on the stock in a research report on Wednesday, November 6th. Wolfe Research reiterated a “peer perform” rating on shares of Xylem in a report on Thursday, December 12th. Citigroup cut Xylem from a “strong-buy” rating to a “hold” rating in a report on Wednesday, February 5th. Stifel Nicolaus lowered their price objective on shares of Xylem from $166.00 to $150.00 and set a “buy” rating for the company in a research report on Friday, January 24th. Finally, Royal Bank of Canada reduced their target price on shares of Xylem from $163.00 to $162.00 and set an “outperform” rating on the stock in a research report on Friday, November 1st. Four 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 a consensus rating of “Moderate Buy” and a consensus target price of $149.90.

Xylem Stock Down 1.7 %

XYL stock opened at $129.83 on Thursday. The company has a current ratio of 1.76, a quick ratio of 1.42 and a debt-to-equity ratio of 0.19. The firm has a 50 day simple moving average of $121.17 and a 200-day simple moving average of $127.31. The company has a market capitalization of $31.54 billion, a P/E ratio of 35.47, a PEG ratio of 2.36 and a beta of 1.07. Xylem Inc. has a twelve month low of $113.26 and a twelve month high of $146.08.

Xylem (NYSE:XYL) last announced its quarterly earnings data on Tuesday, February 4th. The industrial products company reported $1.18 earnings per share for the quarter, topping the consensus estimate of $1.12 by $0.06. The company had revenue of $2.30 billion during 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%. The firm’s revenue for the quarter was up 8.6% compared to the same quarter last year. During the same period last year, the business earned $0.99 EPS. On average, equities research analysts predict that Xylem Inc. will post 4.66 earnings per share for the current fiscal year.

Xylem Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 19th. Stockholders of record on Tuesday, February 18th will be issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.23%. This is an increase from Xylem’s previous quarterly dividend of $0.36. The ex-dividend date is Tuesday, February 18th. Xylem’s payout ratio is 39.34%.

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.