Xylem Inc. (NYSE:XYL) Shares Acquired by Forbes J M & Co. LLP

Forbes J M & Co. LLP increased its position in Xylem Inc. (NYSE:XYL) by 0.4% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 81,307 shares of the industrial products company’s stock after purchasing an additional 356 shares during the period. Forbes J M & Co. LLP’s holdings in Xylem were worth $9,433,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the company. Czech National Bank boosted its holdings in Xylem by 7.1% in the third quarter. Czech National Bank now owns 49,479 shares of the industrial products company’s stock worth $6,681,000 after purchasing an additional 3,279 shares during the period. CWM LLC boosted its holdings in shares of Xylem by 1.8% in the 3rd quarter. CWM LLC now owns 8,255 shares of the industrial products company’s stock valued at $1,115,000 after buying an additional 145 shares during the period. Livforsakringsbolaget Skandia Omsesidigt grew its position in shares of Xylem by 331.3% during the 3rd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 2,890 shares of the industrial products company’s stock valued at $390,000 after buying an additional 2,220 shares during the last quarter. First Affirmative Financial Network acquired a new stake in Xylem during the third quarter worth about $287,000. Finally, Evexia Wealth LLC lifted its holdings in Xylem by 29.8% in the third quarter. Evexia Wealth LLC now owns 5,083 shares of the industrial products company’s stock worth $681,000 after acquiring an additional 1,168 shares during the last quarter. Institutional investors own 87.96% of the company’s stock.

Analyst Ratings Changes

Several analysts recently issued reports on the company. Robert W. Baird raised their price target on Xylem from $139.00 to $148.00 and gave the stock an “outperform” rating in a report on Wednesday. Wolfe Research restated a “peer perform” rating on shares of Xylem in a research report on Thursday, December 12th. TD Cowen cut their price target on Xylem from $138.00 to $125.00 and set a “hold” rating on the stock in a report on Wednesday, November 6th. Citigroup lowered Xylem from a “strong-buy” rating to a “hold” rating in a report on Wednesday. Finally, Royal Bank of Canada cut their target price on Xylem from $163.00 to $162.00 and set an “outperform” rating on the stock in a research note 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. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $149.90.

Xylem Stock Down 0.2 %

XYL opened at $131.11 on Friday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.42 and a current ratio of 1.76. The company has a market capitalization of $31.85 billion, a PE ratio of 35.82, a P/E/G ratio of 2.36 and a beta of 1.07. The stock’s fifty day moving average is $120.95 and its 200-day moving average is $127.55. Xylem Inc. has a one year low of $113.26 and a one year 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 (EPS) for the quarter, topping the consensus estimate of $1.12 by $0.06. Xylem had a net margin of 10.40% and a return on equity of 9.96%. The company had revenue of $2.30 billion for the quarter, compared to analysts’ expectations of $2.18 billion. During the same quarter in the previous year, the company posted $0.99 EPS. The business’s revenue was up 8.6% compared to the same quarter last year. On average, equities analysts predict that Xylem Inc. will post 4.66 EPS for the current fiscal year.

Xylem Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 19th. Shareholders of record on Tuesday, February 18th will be given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 1.22%. This is a boost from Xylem’s previous quarterly dividend of $0.36. The ex-dividend date of this dividend is Tuesday, February 18th. Xylem’s payout ratio is presently 39.34%.

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.