Xylem Inc. (NYSE:XYL) Shares Purchased by BSW Wealth Partners

BSW Wealth Partners boosted its position in shares of Xylem Inc. (NYSE:XYL) by 14.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,690 shares of the industrial products company’s stock after buying an additional 346 shares during the period. BSW Wealth Partners’ holdings in Xylem were worth $363,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in XYL. EverSource Wealth Advisors LLC raised its position in Xylem by 68.8% in the 1st quarter. EverSource Wealth Advisors LLC now owns 189 shares of the industrial products company’s stock valued at $25,000 after purchasing an additional 77 shares during the last quarter. Bangor Savings Bank increased its stake in Xylem by 56.7% in the third quarter. Bangor Savings Bank now owns 235 shares of the industrial products company’s stock valued at $32,000 after purchasing an additional 85 shares during the period. Mark Sheptoff Financial Planning LLC purchased a new stake in shares of Xylem in the second quarter valued at about $33,000. Blue Trust Inc. boosted its stake in shares of Xylem by 1,185.7% during the second quarter. Blue Trust Inc. now owns 270 shares of the industrial products company’s stock worth $35,000 after buying an additional 249 shares during the period. Finally, FinTrust Capital Advisors LLC increased its position in Xylem by 170.9% in the 1st quarter. FinTrust Capital Advisors LLC now owns 317 shares of the industrial products company’s stock valued at $41,000 after acquiring an additional 200 shares during the period. Hedge funds and other institutional investors own 87.96% of the company’s stock.

Xylem Stock Down 1.9 %

XYL opened at $119.46 on Monday. The firm has a market cap of $29.02 billion, a P/E ratio of 34.93, a PEG ratio of 2.14 and a beta of 1.05. The business’s fifty day simple moving average is $132.78 and its 200 day simple moving average is $135.18. Xylem Inc. has a 52 week low of $93.86 and a 52 week high of $146.08. The company has a quick ratio of 1.33, a current ratio of 1.96 and a debt-to-equity ratio of 0.19.

Xylem (NYSE:XYL) last announced its earnings results on Thursday, October 31st. The industrial products company reported $1.11 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.11. Xylem had a net margin of 9.85% and a return on equity of 9.61%. The firm had revenue of $2.10 billion for the quarter, compared to analyst estimates of $2.17 billion. During the same quarter last year, the business earned $0.99 earnings per share. Xylem’s revenue was up .2% compared to the same quarter last year. As a group, equities research analysts anticipate that Xylem Inc. will post 4.26 EPS for the current fiscal year.

Xylem Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 26th. Shareholders of record on Thursday, August 29th were paid a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a yield of 1.21%. The ex-dividend date was Thursday, August 29th. Xylem’s payout ratio is 42.11%.

Wall Street Analyst Weigh In

A number of research firms have weighed in on XYL. TD Cowen reaffirmed a “hold” rating and set a $138.00 price objective on shares of Xylem in a research report on Tuesday, September 3rd. Robert W. Baird lowered their price objective on shares of Xylem from $175.00 to $154.00 and set an “outperform” rating on the stock in a research report on Friday. Stifel Nicolaus raised their target price on shares of Xylem from $170.00 to $172.00 and gave the stock a “buy” rating in a research note on Wednesday, July 31st. Royal Bank of Canada cut their price target on shares of Xylem from $163.00 to $162.00 and set an “outperform” rating for the company in a report on Friday. Finally, UBS Group initiated coverage on Xylem in a report on Tuesday, August 13th. They issued a “buy” rating and a $165.00 price objective on the stock. Four equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat.com, Xylem presently has an average rating of “Moderate Buy” and an average price target of $148.25.

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.