Advisory Alpha LLC Raises Stake in Xylem Inc. (NYSE:XYL)

Advisory Alpha LLC lifted its position in shares of Xylem Inc. (NYSE:XYL) by 10.1% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 1,802 shares of the industrial products company’s stock after buying an additional 166 shares during the period. Advisory Alpha LLC’s holdings in Xylem were worth $209,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of XYL. City Holding Co. increased its stake in shares of Xylem by 3.8% in the third quarter. City Holding Co. now owns 2,071 shares of the industrial products company’s stock valued at $280,000 after purchasing an additional 75 shares during the period. First Trust Direct Indexing L.P. increased its position in Xylem by 0.9% in the 3rd quarter. First Trust Direct Indexing L.P. now owns 9,070 shares of the industrial products company’s stock valued at $1,225,000 after acquiring an additional 78 shares during the period. Bangor Savings Bank increased its position in Xylem by 56.7% in the 3rd quarter. Bangor Savings Bank now owns 235 shares of the industrial products company’s stock valued at $32,000 after acquiring an additional 85 shares during the period. Angeles Wealth Management LLC raised its stake in Xylem by 3.6% during the 3rd quarter. Angeles Wealth Management LLC now owns 2,462 shares of the industrial products company’s stock valued at $332,000 after acquiring an additional 86 shares in the last quarter. Finally, Farther Finance Advisors LLC boosted its position in Xylem by 6.6% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,412 shares of the industrial products company’s stock worth $191,000 after acquiring an additional 87 shares during the period. Institutional investors and hedge funds own 87.96% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on XYL shares. Citigroup cut their price objective on shares of Xylem from $148.00 to $147.00 and set a “buy” rating on the stock in a research note on Monday, January 13th. Stifel Nicolaus reduced their price target on shares of Xylem from $166.00 to $150.00 and set a “buy” rating for the company in a research note on Friday. Royal Bank of Canada lowered their price objective on shares of Xylem from $163.00 to $162.00 and set an “outperform” rating on the stock in a research note on Friday, November 1st. Robert W. Baird decreased their price target on Xylem from $175.00 to $154.00 and set an “outperform” rating for the company in a research note on Friday, November 1st. Finally, Wolfe Research reissued a “peer perform” rating on shares of Xylem in a research note on Thursday, December 12th. Three analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat, Xylem currently has a consensus rating of “Moderate Buy” and an average target price of $150.50.

Xylem Stock Performance

Shares of Xylem stock opened at $121.53 on Friday. The stock has a market cap of $29.53 billion, a PE ratio of 35.54, a price-to-earnings-growth ratio of 2.05 and a beta of 1.06. Xylem Inc. has a 12 month low of $111.72 and a 12 month high of $146.08. The company has a quick ratio of 1.42, a current ratio of 1.96 and a debt-to-equity ratio of 0.19. The business has a fifty day simple moving average of $120.88 and a 200-day simple moving average of $128.41.

Xylem (NYSE:XYL) last issued its earnings results on Thursday, October 31st. The industrial products company reported $1.11 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.11. The company had revenue of $2.10 billion for the quarter, compared to the consensus estimate of $2.17 billion. Xylem had a return on equity of 9.61% and a net margin of 9.85%. The firm’s quarterly revenue was up .2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.99 EPS. On average, sell-side analysts anticipate that Xylem Inc. will post 4.23 EPS for the current fiscal year.

Xylem Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 24th. Investors of record on Tuesday, November 26th were given a dividend of $0.36 per share. The ex-dividend date was Tuesday, November 26th. This represents a $1.44 dividend on an annualized basis and a yield of 1.18%. Xylem’s payout ratio is 42.11%.

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.