Garrison Point Advisors LLC Has $646,000 Stock Holdings in Xylem Inc. (NYSE:XYL)

Garrison Point Advisors LLC lifted its stake in Xylem Inc. (NYSE:XYL) by 2.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,565 shares of the industrial products company’s stock after acquiring an additional 115 shares during the period. Garrison Point Advisors LLC’s holdings in Xylem were worth $646,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Lee Danner & Bass Inc. bought a new stake in Xylem in the 4th quarter valued at $30,000. Rialto Wealth Management LLC bought a new stake in shares of Xylem in the fourth quarter valued at about $31,000. Heck Capital Advisors LLC acquired a new stake in Xylem during the fourth quarter worth about $36,000. SRS Capital Advisors Inc. increased its stake in Xylem by 69.5% during 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 period. Finally, Pathway Financial Advisers LLC raised its holdings in Xylem by 122.4% in the 4th 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. Institutional investors own 87.96% of the company’s stock.

Xylem Price Performance

Xylem stock opened at $104.46 on Friday. The business’s fifty day moving average is $125.04 and its two-hundred day moving average is $125.29. 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 Inc. has a 52 week low of $104.24 and a 52 week high of $146.08. The firm has a market cap of $25.39 billion, a P/E ratio of 28.54, a P/E/G ratio of 2.33 and a beta of 1.08.

Xylem (NYSE:XYL) last posted its quarterly earnings data 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 firm had revenue of $2.30 billion for the quarter, compared to the consensus estimate of $2.18 billion. During the same quarter in the prior year, the business earned $0.99 EPS. The business’s revenue for the quarter was up 8.6% compared to the same quarter last year. Equities research analysts forecast that Xylem Inc. will post 4.65 earnings per share for the current fiscal year.

Xylem Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 19th. Shareholders of record on Tuesday, February 18th were paid a $0.40 dividend. The ex-dividend date was Tuesday, February 18th. This is a boost from Xylem’s previous quarterly dividend of $0.36. This represents a $1.60 dividend on an annualized basis and a yield of 1.53%. Xylem’s dividend payout ratio (DPR) is presently 43.72%.

Wall Street Analyst Weigh In

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

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.