Xylem Inc. (NYSE:XYL) Shares Acquired by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. lifted its position in Xylem Inc. (NYSE:XYL - Free Report) by 0.4% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,345,768 shares of the industrial products company's stock after buying an additional 5,817 shares during the period. Charles Schwab Investment Management Inc. owned approximately 0.55% of Xylem worth $181,719,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. John G Ullman & Associates Inc. raised its stake in Xylem by 9.3% in the third quarter. John G Ullman & Associates Inc. now owns 2,580 shares of the industrial products company's stock valued at $348,000 after buying an additional 220 shares during the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. raised its position in shares of Xylem by 4.0% in the 3rd quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 881,697 shares of the industrial products company's stock valued at $119,056,000 after purchasing an additional 34,233 shares during the last quarter. King Luther Capital Management Corp boosted its stake in Xylem by 1.1% in the 3rd quarter. King Luther Capital Management Corp now owns 959,623 shares of the industrial products company's stock worth $129,578,000 after purchasing an additional 10,319 shares in the last quarter. Citizens Financial Group Inc. RI grew its position in Xylem by 9.2% during the 3rd quarter. Citizens Financial Group Inc. RI now owns 2,648 shares of the industrial products company's stock worth $358,000 after purchasing an additional 224 shares during the last quarter. Finally, Moors & Cabot Inc. increased its stake in Xylem by 1.3% during the 3rd quarter. Moors & Cabot Inc. now owns 7,936 shares of the industrial products company's stock valued at $1,072,000 after purchasing an additional 104 shares in the last quarter. Hedge funds and other institutional investors own 87.96% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the stock. TD Cowen dropped their price objective on shares of Xylem from $138.00 to $125.00 and set a "hold" rating on the stock in a report on Wednesday, November 6th. Stifel Nicolaus lifted their target price on Xylem from $170.00 to $172.00 and gave the stock a "buy" rating in a report on Wednesday, July 31st. Robert W. Baird reduced their price target on shares of Xylem from $175.00 to $154.00 and set an "outperform" rating for the company in a research report on Friday, November 1st. UBS Group initiated coverage on shares of Xylem in a report on Tuesday, August 13th. They issued a "buy" rating and a $165.00 price objective on the stock. Finally, Royal Bank of Canada reduced their target price on shares of Xylem from $163.00 to $162.00 and set an "outperform" rating for the company in a report on Friday, November 1st. Four equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat, Xylem currently has an average rating of "Moderate Buy" and a consensus target price of $149.64.

Xylem Price Performance

Shares of XYL traded up $1.51 during trading hours on Friday, hitting $126.87. 1,365,941 shares of the stock were exchanged, compared to its average volume of 1,580,471. Xylem Inc. has a 12-month low of $102.42 and a 12-month high of $146.08. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.42 and a current ratio of 1.96. The stock's 50-day moving average price is $130.14 and its two-hundred day moving average price is $134.27. The company has a market cap of $30.82 billion, a price-to-earnings ratio of 37.10, a price-to-earnings-growth ratio of 2.34 and a beta of 1.05.

Xylem (NYSE:XYL - Get Free Report) last posted its quarterly earnings results on Thursday, October 31st. The industrial products company reported $1.11 earnings per share for the quarter, hitting analysts' consensus estimates of $1.11. The firm had revenue of $2.10 billion for the quarter, compared to analyst estimates of $2.17 billion. Xylem had a net margin of 9.85% and a return on equity of 9.61%. Xylem's quarterly revenue was up .2% on a year-over-year basis. During the same period in the previous year, the business posted $0.99 earnings per share. Research analysts expect that Xylem Inc. will post 4.23 earnings per share for the current year.

Xylem Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 24th. Investors of record on Tuesday, November 26th will be issued a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.14%. The ex-dividend date of this dividend is Tuesday, November 26th. Xylem's dividend payout ratio is currently 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.