Northwest & Ethical Investments L.P. Has $26.35 Million Stock Holdings in Xylem Inc. (NYSE:XYL)

Northwest & Ethical Investments L.P. grew its holdings in Xylem Inc. (NYSE:XYL - Free Report) by 3,271.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 227,122 shares of the industrial products company's stock after purchasing an additional 220,386 shares during the quarter. Northwest & Ethical Investments L.P. owned about 0.09% of Xylem worth $26,351,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Rialto Wealth Management LLC acquired a new stake in Xylem in the 4th quarter valued at approximately $31,000. Heck Capital Advisors LLC bought a new stake in shares of Xylem in the fourth quarter valued at approximately $36,000. Pathway Financial Advisers LLC grew its stake in shares of Xylem by 122.4% in the fourth quarter. Pathway Financial Advisers LLC now owns 318 shares of the industrial products company's stock worth $37,000 after acquiring an additional 175 shares during the last quarter. SRS Capital Advisors Inc. increased its position in Xylem by 69.5% during the fourth quarter. SRS Capital Advisors Inc. now owns 317 shares of the industrial products company's stock worth $37,000 after acquiring an additional 130 shares during the period. Finally, Flagship Wealth Advisors LLC acquired a new position in Xylem during the 4th quarter valued at $39,000. 87.96% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on XYL shares. Stifel Nicolaus dropped their price objective on shares of Xylem from $166.00 to $150.00 and set a "buy" rating on the stock in a report on Friday, January 24th. Robert W. Baird raised their target price on Xylem from $139.00 to $148.00 and gave the stock an "outperform" rating in a research report on Wednesday, February 5th. Wolfe Research reissued a "peer perform" rating on shares of Xylem in a report on Thursday, December 12th. Finally, Citigroup downgraded shares of Xylem from a "strong-buy" rating to a "hold" rating in a report on Wednesday, February 5th. Four equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $149.89.

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Xylem Price Performance

NYSE:XYL traded up $2.49 on Monday, reaching $120.96. The stock had a trading volume of 2,251,838 shares, compared to its average volume of 1,227,788. The company has a quick ratio of 1.33, a current ratio of 1.76 and a debt-to-equity ratio of 0.19. The company has a market capitalization of $29.40 billion, a P/E ratio of 33.05, a price-to-earnings-growth ratio of 2.33 and a beta of 1.08. Xylem Inc. has a 1-year low of $113.26 and a 1-year high of $146.08. The stock has a fifty day moving average price of $125.34 and a 200-day moving average price of $126.05.

Xylem (NYSE:XYL - Get Free Report) last released its quarterly earnings results on Tuesday, February 4th. The industrial products company reported $1.18 earnings per share for the quarter, beating analysts' consensus estimates of $1.12 by $0.06. The firm had revenue of $2.30 billion during the quarter, compared to analysts' expectations of $2.18 billion. Xylem had a return on equity of 9.96% and a net margin of 10.40%. The business's revenue was up 8.6% on a year-over-year basis. During the same period last year, the firm posted $0.99 EPS. Research analysts forecast that Xylem Inc. will post 4.65 EPS for the current 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 issued a dividend of $0.40 per share. The ex-dividend date was Tuesday, February 18th. This represents a $1.60 dividend on an annualized basis and a yield of 1.32%. This is a positive change from Xylem's previous quarterly dividend of $0.36. Xylem's dividend payout ratio is currently 43.72%.

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.