Gouws Capital LLC Has $2.86 Million Holdings in Xylem Inc. (NYSE:XYL)

Gouws Capital LLC grew its stake in shares of Xylem Inc. (NYSE:XYL - Free Report) by 29.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,191 shares of the industrial products company's stock after acquiring an additional 4,817 shares during the period. Xylem comprises approximately 1.9% of Gouws Capital LLC's holdings, making the stock its 17th biggest position. Gouws Capital LLC's holdings in Xylem were worth $2,861,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in the stock. EverSource Wealth Advisors LLC raised its position in shares of Xylem by 68.8% during the 1st quarter. EverSource Wealth Advisors LLC now owns 189 shares of the industrial products company's stock worth $25,000 after buying an additional 77 shares in the last quarter. Bangor Savings Bank raised its position in shares of Xylem by 56.7% during the 3rd quarter. Bangor Savings Bank now owns 235 shares of the industrial products company's stock worth $32,000 after buying an additional 85 shares in the last quarter. Mark Sheptoff Financial Planning LLC bought a new stake in shares of Xylem during the 2nd quarter worth about $33,000. Blue Trust Inc. raised its position in shares of Xylem by 1,185.7% during the 2nd quarter. Blue Trust Inc. now owns 270 shares of the industrial products company's stock worth $35,000 after buying an additional 249 shares in the last quarter. Finally, Assetmark Inc. raised its position in shares of Xylem by 3,887.5% during the 3rd quarter. Assetmark Inc. now owns 319 shares of the industrial products company's stock worth $43,000 after buying an additional 311 shares in the last quarter. 87.96% of the stock is owned by institutional investors and hedge funds.

Xylem Stock Up 0.1 %

XYL stock traded up $0.15 during trading hours on Friday, hitting $121.78. The company's stock had a trading volume of 1,830,002 shares, compared to its average volume of 1,208,680. 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 company has a market capitalization of $29.59 billion, a PE ratio of 35.61, a price-to-earnings-growth ratio of 2.28 and a beta of 1.05. Xylem Inc. has a 12 month low of $99.90 and a 12 month high of $146.08. The stock has a 50 day moving average price of $130.76 and a two-hundred day moving average price of $134.69.

Xylem (NYSE:XYL - Get Free Report) last issued its quarterly earnings data on Thursday, October 31st. The industrial products company reported $1.11 earnings per share 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 business had revenue of $2.10 billion during the quarter, compared to analysts' expectations of $2.17 billion. During the same period in the previous year, the company earned $0.99 earnings per share. Xylem's revenue for the quarter was up .2% on a year-over-year basis. On average, equities research analysts expect that Xylem Inc. will post 4.23 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research firms have commented on XYL. Royal Bank of Canada dropped their price target on shares of Xylem from $163.00 to $162.00 and set an "outperform" rating on the stock in a research report on Friday, November 1st. UBS Group began coverage on shares of Xylem in a report on Tuesday, August 13th. They issued a "buy" rating and a $165.00 target price on the stock. TD Cowen dropped their target price 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. Robert W. Baird dropped their target price on shares of Xylem from $175.00 to $154.00 and set an "outperform" rating on the stock in a research report on Friday, November 1st. Finally, Stifel Nicolaus lifted their target price on shares of Xylem from $170.00 to $172.00 and gave the stock a "buy" rating in a research report on Wednesday, July 31st. Four analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat.com, Xylem presently has an average rating of "Moderate Buy" and a consensus price target of $147.17.

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.