Xylem Inc. (NYSE:XYL) Shares Acquired by Farther Finance Advisors LLC

Farther Finance Advisors LLC lifted its position in shares of Xylem Inc. (NYSE:XYL) by 30.4% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,797 shares of the industrial products company’s stock after purchasing an additional 419 shares during the quarter. Farther Finance Advisors LLC’s holdings in Xylem were worth $215,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Smartleaf Asset Management LLC grew its stake in shares of Xylem by 31.9% during the 4th quarter. Smartleaf Asset Management LLC now owns 575 shares of the industrial products company’s stock worth $67,000 after purchasing an additional 139 shares during the period. Triodos Investment Management BV grew its stake in shares of Xylem by 12.7% during the 4th quarter. Triodos Investment Management BV now owns 234,000 shares of the industrial products company’s stock worth $27,149,000 after purchasing an additional 26,300 shares during the period. Allianz SE acquired a new stake in shares of Xylem during the 4th quarter worth approximately $1,910,000. NBC Securities Inc. purchased a new position in shares of Xylem during the 1st quarter valued at approximately $72,000. Finally, RPG Investment Advisory LLC lifted its position in shares of Xylem by 22.5% during the 4th quarter. RPG Investment Advisory LLC now owns 132,143 shares of the industrial products company’s stock valued at $15,331,000 after buying an additional 24,297 shares in the last quarter. Institutional investors and hedge funds own 87.96% of the company’s stock.

Analyst Ratings Changes

XYL has been the topic of a number of recent analyst reports. Raymond James Financial upgraded Xylem to a “hold” rating in a research report on Thursday, May 15th. Stifel Nicolaus increased their target price on Xylem from $140.00 to $141.00 and gave the company a “buy” rating in a research report on Wednesday, April 30th. Royal Bank Of Canada increased their target price on Xylem from $143.00 to $147.00 and gave the company an “outperform” rating in a research report on Wednesday, April 30th. JPMorgan Chase & Co. initiated coverage on Xylem in a research report on Friday, May 30th. They set an “overweight” rating and a $148.00 target price on the stock. Finally, Citigroup decreased their target price on Xylem from $152.00 to $134.00 and set a “buy” rating on the stock in a research report on Monday, April 14th. Three investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, Xylem presently has an average rating of “Moderate Buy” and a consensus target price of $143.71.

Xylem Trading Down 0.2%

Shares of XYL stock opened at $125.07 on Thursday. The stock’s fifty day moving average is $121.60 and its two-hundred day moving average is $121.76. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.41 and a current ratio of 1.89. The firm has a market capitalization of $30.44 billion, a P/E ratio of 33.62, a PEG ratio of 2.28 and a beta of 1.13. Xylem Inc. has a fifty-two week low of $100.47 and a fifty-two week high of $143.50.

Xylem (NYSE:XYL) last announced its quarterly earnings data on Tuesday, April 29th. The industrial products company reported $1.03 earnings per share for the quarter, beating analysts’ consensus estimates of $0.95 by $0.08. Xylem had a return on equity of 10.12% and a net margin of 10.54%. The company had revenue of $2.07 billion for the quarter, compared to analyst estimates of $2.04 billion. During the same quarter last year, the firm posted $0.90 EPS. The firm’s revenue for the quarter was up 1.8% on a year-over-year basis. Research analysts expect that Xylem Inc. will post 4.65 earnings per share for the current fiscal year.

Xylem Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 26th. Shareholders of record on Thursday, May 29th will be paid 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 (DPR) is presently 43.01%.

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.