National Pension Service Lowers Holdings in Xylem Inc. (NYSE:XYL)

National Pension Service lessened its stake in shares of Xylem Inc. (NYSE:XYL - Free Report) by 2.3% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 309,587 shares of the industrial products company's stock after selling 7,347 shares during the period. National Pension Service owned 0.13% of Xylem worth $41,804,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. EverSource Wealth Advisors LLC grew its holdings in Xylem by 68.8% during the 1st quarter. EverSource Wealth Advisors LLC now owns 189 shares of the industrial products company's stock valued at $25,000 after buying an additional 77 shares in the last quarter. Bangor Savings Bank raised its stake in Xylem by 56.7% during 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 in the last quarter. Mark Sheptoff Financial Planning LLC bought a new position in Xylem during the second quarter valued at $33,000. Blue Trust Inc. lifted its position in Xylem by 1,185.7% during the second quarter. Blue Trust Inc. now owns 270 shares of the industrial products company's stock valued at $35,000 after purchasing an additional 249 shares during the last quarter. Finally, Redwood Wealth Management Group LLC bought a new stake in shares of Xylem in the 2nd quarter worth about $47,000. Hedge funds and other institutional investors own 87.96% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts recently commented on the company. Robert W. Baird dropped their price target on Xylem from $175.00 to $154.00 and set an "outperform" rating for the company in a research report on Friday, November 1st. Stifel Nicolaus boosted their target price on Xylem from $170.00 to $172.00 and gave the company a "buy" rating in a research report on Wednesday, July 31st. Royal Bank of Canada cut their price objective 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 initiated coverage on shares of Xylem in a research note on Tuesday, August 13th. They set a "buy" rating and a $165.00 price target for the company. Finally, TD Cowen reduced their price objective on shares of Xylem from $138.00 to $125.00 and set a "hold" rating on the stock in a research report on Wednesday. Four analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $147.17.

Xylem Trading Down 0.1 %

Shares of XYL traded down $0.08 during mid-day trading on Thursday, reaching $123.66. The stock had a trading volume of 1,222,910 shares, compared to its average volume of 1,193,288. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.96 and a quick ratio of 1.42. The firm has a market cap of $30.04 billion, a price-to-earnings ratio of 36.18, a P/E/G ratio of 2.23 and a beta of 1.05. The business's fifty day moving average is $131.97 and its 200 day moving average is $135.08. Xylem Inc. has a 52-week low of $96.31 and a 52-week high of $146.08.

Xylem (NYSE:XYL - Get Free Report) last released its quarterly earnings results on Thursday, October 31st. The industrial products company reported $1.11 EPS for the quarter, meeting the consensus estimate 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 in the previous year, the company earned $0.99 EPS. The business's revenue for the quarter was up .2% compared to the same quarter last year. On average, sell-side analysts predict that Xylem Inc. will post 4.23 EPS for the current fiscal year.

Xylem Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, September 26th. Stockholders of record on Thursday, August 29th were paid a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.16%. The ex-dividend date of this dividend was Thursday, August 29th. Xylem's dividend payout ratio (DPR) 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.