Blair William & Co. IL Buys 222 Shares of Xylem Inc. (NYSE:XYL)

Blair William & Co. IL lifted its stake in shares of Xylem Inc. (NYSE:XYL) by 0.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 46,854 shares of the industrial products company’s stock after acquiring an additional 222 shares during the quarter. Blair William & Co. IL’s holdings in Xylem were worth $5,436,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Glenmede Trust Co. NA lifted its position in shares of Xylem by 3.4% in the 3rd quarter. Glenmede Trust Co. NA now owns 18,399 shares of the industrial products company’s stock worth $2,484,000 after purchasing an additional 605 shares during the period. Public Sector Pension Investment Board lifted its holdings in Xylem by 12.8% in the third quarter. Public Sector Pension Investment Board now owns 10,610 shares of the industrial products company’s stock valued at $1,433,000 after buying an additional 1,200 shares during the period. Erste Asset Management GmbH acquired a new position in Xylem in the third quarter valued at $68,593,000. FSA Wealth Management LLC bought a new stake in Xylem during the third quarter valued at $131,000. Finally, Paloma Partners Management Co acquired a new stake in Xylem during the 3rd quarter worth about $202,000. 87.96% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages recently commented on XYL. Stifel Nicolaus cut their target price on Xylem from $166.00 to $150.00 and set a “buy” rating on the stock in a research report on Friday, January 24th. Wolfe Research restated a “peer perform” rating on shares of Xylem in a report on Thursday, December 12th. Robert W. Baird lifted their price objective on shares of Xylem from $139.00 to $148.00 and gave the company an “outperform” rating in a research note on Wednesday, February 5th. Finally, Citigroup lowered shares of Xylem from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 5th. Four research analysts have rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $149.89.

Xylem Stock Performance

NYSE XYL opened at $119.42 on Monday. The company has a market cap of $29.02 billion, a P/E ratio of 32.63, a PEG ratio of 2.33 and a beta of 1.08. The company has a fifty day simple moving average of $125.70 and a 200 day simple moving average of $125.85. The company has a current ratio of 1.76, a quick ratio of 1.33 and a debt-to-equity ratio of 0.19. Xylem Inc. has a 12-month low of $113.26 and a 12-month high of $146.08.

Xylem (NYSE:XYL) last issued its quarterly earnings data on Tuesday, February 4th. The industrial products company reported $1.18 earnings per share (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 period last year, the company earned $0.99 earnings per share. The business’s revenue was up 8.6% on a year-over-year basis. Sell-side analysts predict that Xylem Inc. will post 4.65 earnings per share for the current fiscal year.

Xylem Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 19th. Stockholders of record on Tuesday, February 18th were paid a $0.40 dividend. The ex-dividend date was Tuesday, February 18th. This is an increase from Xylem’s previous quarterly dividend of $0.36. This represents a $1.60 annualized dividend and a dividend yield of 1.34%. Xylem’s dividend payout ratio is 43.72%.

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.