Artisan Partners Limited Partnership Purchases 4,065 Shares of Xylem Inc. (NYSE:XYL)

Artisan Partners Limited Partnership lifted its position in Xylem Inc. (NYSE:XYL) by 0.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,311,285 shares of the industrial products company’s stock after buying an additional 4,065 shares during the period. Artisan Partners Limited Partnership’s holdings in Xylem were worth $500,195,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in XYL. Lee Danner & Bass Inc. bought a new stake in shares of Xylem in the fourth quarter worth about $30,000. Rialto Wealth Management LLC bought a new stake in Xylem during the 4th quarter worth approximately $31,000. Heck Capital Advisors LLC acquired a new stake in Xylem during the 4th quarter worth approximately $36,000. 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 buying an additional 130 shares in the last quarter. Finally, Pathway Financial Advisers LLC boosted its holdings in shares of Xylem by 122.4% in the fourth quarter. Pathway Financial Advisers LLC now owns 318 shares of the industrial products company’s stock valued at $37,000 after buying an additional 175 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 commented on XYL shares. Wolfe Research reaffirmed a “peer perform” rating on shares of Xylem in a research report on Thursday, December 12th. Stifel Nicolaus cut their price target on Xylem from $166.00 to $150.00 and set a “buy” rating on the stock in a report on Friday, January 24th. Citigroup downgraded Xylem from a “strong-buy” rating to a “hold” rating in a report on Wednesday, February 5th. Finally, Robert W. Baird boosted their target price on Xylem from $139.00 to $148.00 and gave the company an “outperform” rating in a research note on Wednesday, February 5th. Four research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Xylem currently has an average rating of “Moderate Buy” and an average target price of $149.89.

Xylem Trading Up 0.1 %

NYSE XYL opened at $123.16 on Thursday. Xylem Inc. has a 12 month low of $113.26 and a 12 month high of $146.08. The company has a current ratio of 1.76, a quick ratio of 1.33 and a debt-to-equity ratio of 0.19. The stock has a 50 day moving average of $125.64 and a 200-day moving average of $126.00. The company has a market cap of $29.93 billion, a PE ratio of 33.65, a PEG ratio of 2.33 and a beta of 1.08.

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

Xylem Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 19th. Investors of record on Tuesday, February 18th were issued a dividend of $0.40 per share. The ex-dividend date was Tuesday, February 18th. This represents a $1.60 dividend on an annualized basis and a yield of 1.30%. This is a boost from Xylem’s previous quarterly dividend of $0.36. Xylem’s dividend payout ratio (DPR) is presently 43.72%.

Xylem 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.