Triodos Investment Management BV increased its holdings in shares of Xylem Inc (NYSE:XYL) by 0.3% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 241,730 shares of the industrial products company’s stock after purchasing an additional 730 shares during the period. Xylem accounts for about 4.9% of Triodos Investment Management BV’s investment portfolio, making the stock its 6th biggest holding. Triodos Investment Management BV’s holdings in Xylem were worth $19,247,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Fisher Asset Management LLC grew its position in shares of Xylem by 0.6% in the 3rd quarter. Fisher Asset Management LLC now owns 19,677 shares of the industrial products company’s stock valued at $1,567,000 after buying an additional 120 shares during the last quarter. CWM LLC lifted its stake in shares of Xylem by 19.7% in the 2nd quarter. CWM LLC now owns 807 shares of the industrial products company’s stock worth $67,000 after acquiring an additional 133 shares during the period. Huntington National Bank lifted its stake in shares of Xylem by 2.2% in the 2nd quarter. Huntington National Bank now owns 6,921 shares of the industrial products company’s stock worth $579,000 after acquiring an additional 147 shares during the period. Compagnie Lombard Odier SCmA lifted its stake in shares of Xylem by 3.1% in the 2nd quarter. Compagnie Lombard Odier SCmA now owns 5,360 shares of the industrial products company’s stock worth $448,000 after acquiring an additional 160 shares during the period. Finally, King Luther Capital Management Corp lifted its stake in shares of Xylem by 5.1% in the 2nd quarter. King Luther Capital Management Corp now owns 3,451 shares of the industrial products company’s stock worth $289,000 after acquiring an additional 166 shares during the period. 84.81% of the stock is currently owned by hedge funds and other institutional investors.
Several analysts have recently commented on the stock. Jefferies Financial Group assumed coverage on shares of Xylem in a research note on Friday, September 20th. They issued a “buy” rating and a $90.00 target price for the company. Zacks Investment Research cut shares of Xylem from a “hold” rating to a “sell” rating and set a $82.00 target price for the company. in a research note on Monday, October 14th. Cfra cut shares of Xylem from a “buy” rating to a “hold” rating in a research note on Friday, November 1st. Royal Bank of Canada set a $79.00 target price on shares of Xylem and gave the stock a “buy” rating in a research note on Friday, November 1st. Finally, Credit Suisse Group set a $78.00 price objective on shares of Xylem and gave the company a “hold” rating in a research note on Friday, November 1st. One analyst has rated the stock with a sell rating, five have issued a hold rating and seven have issued a buy rating to the company’s stock. Xylem presently has an average rating of “Hold” and a consensus price target of $82.30.
Shares of NYSE XYL traded up $0.01 during midday trading on Friday, hitting $77.33. The company had a trading volume of 949,343 shares, compared to its average volume of 837,767. The company has a quick ratio of 1.15, a current ratio of 1.55 and a debt-to-equity ratio of 0.70. Xylem Inc has a twelve month low of $60.65 and a twelve month high of $85.67. The business has a 50-day simple moving average of $78.69 and a two-hundred day simple moving average of $78.88. The firm has a market capitalization of $14.35 billion, a price-to-earnings ratio of 26.85, a price-to-earnings-growth ratio of 1.60 and a beta of 1.18.
Xylem (NYSE:XYL) last announced its quarterly earnings data on Thursday, October 31st. The industrial products company reported $0.82 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.82. Xylem had a net margin of 9.65% and a return on equity of 19.14%. The firm had revenue of $1.30 billion during the quarter, compared to analysts’ expectations of $1.33 billion. During the same quarter last year, the business earned $0.77 earnings per share. The business’s revenue for the quarter was up .7% compared to the same quarter last year. On average, equities analysts forecast that Xylem Inc will post 3.02 EPS for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 5th. Investors of record on Thursday, October 31st will be paid a $0.24 dividend. This represents a $0.96 annualized dividend and a dividend yield of 1.24%. The ex-dividend date is Wednesday, October 30th. Xylem’s dividend payout ratio (DPR) is 33.33%.
In other Xylem news, SVP Kenneth Napolitano sold 5,000 shares of the firm’s stock in a transaction dated Monday, September 9th. The shares were sold at an average price of $77.49, for a total transaction of $387,450.00. Following the completion of the transaction, the senior vice president now directly owns 46,228 shares in the company, valued at approximately $3,582,207.72. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Markos I. Tambakeras sold 2,860 shares of the business’s stock in a transaction that occurred on Tuesday, November 5th. The stock was sold at an average price of $78.95, for a total value of $225,797.00. Following the transaction, the director now directly owns 43,530 shares in the company, valued at $3,436,693.50. The disclosure for this sale can be found here. Insiders sold 16,959 shares of company stock valued at $1,313,986 in the last quarter. Company insiders own 0.85% of the company’s stock.
Xylem Inc engages in the design, manufacture, and servicing of engineered products and solutions for the water and wastewater applications. It operates in three segments: Water Infrastructure, Applied Water, and Measurement & Control Solutions. The Water Infrastructure segment offers various products, including water and wastewater pumps; controls and systems; filtration, disinfection, and biological treatment equipment; and mobile dewatering equipment under the Flygt, Godwin, Wedeco, Sanitaire, and Leopold names for the transportation and treatment of water.
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