Xylem Inc. (NYSE:XYL) Position Increased by J. Stern & Co. LLP

J. Stern & Co. LLP grew its position in Xylem Inc. (NYSE:XYL - Free Report) by 5.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 321,747 shares of the industrial products company's stock after purchasing an additional 17,421 shares during the period. Xylem makes up approximately 3.5% of J. Stern & Co. LLP's holdings, making the stock its 16th biggest position. J. Stern & Co. LLP owned 0.13% of Xylem worth $37,329,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the company. Lee Danner & Bass Inc. bought a new position in Xylem in the 4th quarter valued at about $30,000. Rialto Wealth Management LLC bought a new position in shares of Xylem in the fourth quarter valued at approximately $31,000. Heck Capital Advisors LLC acquired a new position in shares of Xylem during the fourth quarter valued at approximately $36,000. SRS Capital Advisors Inc. increased its stake in shares of Xylem by 69.5% during the fourth quarter. SRS Capital Advisors Inc. now owns 317 shares of the industrial products company's stock valued at $37,000 after acquiring an additional 130 shares during the period. Finally, Pathway Financial Advisers LLC raised its holdings in Xylem by 122.4% during the fourth quarter. Pathway Financial Advisers LLC now owns 318 shares of the industrial products company's stock worth $37,000 after purchasing an additional 175 shares in the last quarter. Institutional investors and hedge funds own 87.96% of the company's stock.

Xylem Trading Up 0.5 %

XYL stock traded up $0.62 during mid-day trading on Friday, reaching $116.23. 1,923,112 shares of the stock traded hands, compared to its average volume of 1,404,520. The stock's fifty day moving average is $118.90 and its 200-day moving average is $122.43. The company has a market cap of $28.28 billion, a P/E ratio of 31.76, a P/E/G ratio of 2.33 and a beta of 1.08. The company has a current ratio of 1.76, a quick ratio of 1.33 and a debt-to-equity ratio of 0.19. Xylem Inc. has a 52-week low of $100.47 and a 52-week high of $146.08.

Xylem (NYSE:XYL - Get Free Report) last posted its quarterly earnings data on Tuesday, February 4th. The industrial products company reported $1.18 EPS for the quarter, topping analysts' consensus estimates of $1.12 by $0.06. The firm had revenue of $2.30 billion during the quarter, compared to analyst estimates of $2.18 billion. Xylem had a net margin of 10.40% and a return on equity of 9.96%. The company's revenue was up 8.6% on a year-over-year basis. During the same quarter last year, the business posted $0.99 EPS. As a group, sell-side analysts expect that Xylem Inc. will post 4.65 earnings per share for the current year.

Xylem Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 19th. Shareholders of record on Tuesday, February 18th were paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 1.38%. The ex-dividend date was Tuesday, February 18th. This is a boost from Xylem's previous quarterly dividend of $0.36. Xylem's payout ratio is 43.72%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. Robert W. Baird lifted their price target on Xylem from $139.00 to $148.00 and gave the company an "outperform" rating in a research report on Wednesday, February 5th. Citigroup lowered their target price on Xylem from $152.00 to $134.00 and set a "buy" rating on the stock in a report on Monday, April 14th. Finally, Stifel Nicolaus cut their price target on shares of Xylem from $150.00 to $140.00 and set a "buy" rating for the company in a report on Wednesday, April 16th. Three equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $147.33.

Xylem Company 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.