Xylem Inc. (NYSE:XYL) Stake Raised by B. Metzler seel. Sohn & Co. AG

B. Metzler seel. Sohn & Co. AG boosted its holdings in Xylem Inc. (NYSE:XYL) by 0.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 389,290 shares of the industrial products company’s stock after acquiring an additional 2,936 shares during the quarter. B. Metzler seel. Sohn & Co. AG owned 0.16% of Xylem worth $45,166,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in XYL. Vanguard Group Inc. lifted its stake in shares of Xylem by 1.1% in the 4th quarter. Vanguard Group Inc. now owns 28,644,417 shares of the industrial products company’s stock worth $3,323,325,000 after acquiring an additional 303,854 shares during the period. State Street Corp raised its holdings in Xylem by 1.9% during the third quarter. State Street Corp now owns 10,329,494 shares of the industrial products company’s stock worth $1,394,792,000 after purchasing an additional 189,820 shares in the last quarter. Geode Capital Management LLC boosted its stake in Xylem by 1.0% during the 3rd quarter. Geode Capital Management LLC now owns 5,668,755 shares of the industrial products company’s stock valued at $762,804,000 after purchasing an additional 54,877 shares in the last quarter. Impax Asset Management Group plc increased its position in shares of Xylem by 231.5% during the 4th quarter. Impax Asset Management Group plc now owns 5,561,661 shares of the industrial products company’s stock valued at $644,039,000 after purchasing an additional 3,883,845 shares during the period. Finally, Swedbank AB raised its stake in shares of Xylem by 23.1% in the 4th quarter. Swedbank AB now owns 3,683,201 shares of the industrial products company’s stock worth $427,325,000 after buying an additional 691,618 shares in the last quarter. Institutional investors own 87.96% of the company’s stock.

Analyst Upgrades and Downgrades

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

Xylem Price Performance

Shares of NYSE:XYL opened at $119.42 on Monday. The company’s fifty day moving average is $125.70 and its two-hundred day moving average is $125.85. The company has a market cap of $29.02 billion, a P/E ratio of 32.63, a price-to-earnings-growth ratio of 2.33 and a beta of 1.08. Xylem Inc. has a 12-month low of $113.26 and a 12-month high of $146.08. The company has a quick ratio of 1.33, a current ratio of 1.76 and a debt-to-equity ratio of 0.19.

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 return on equity of 9.96% and a net margin of 10.40%. The firm had revenue of $2.30 billion during the quarter, compared to the consensus estimate of $2.18 billion. During the same period in the prior year, the business earned $0.99 EPS. The business’s revenue for the quarter was up 8.6% on a year-over-year basis. Equities analysts expect 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. Shareholders of record on Tuesday, February 18th were paid a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 1.34%. The ex-dividend date of this dividend was Tuesday, February 18th. This is a positive change from Xylem’s previous quarterly dividend of $0.36. Xylem’s dividend payout ratio is currently 43.72%.

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.