Integrated Advisors Network LLC Lowers Holdings in Xylem Inc. (NYSE:XYL)

Integrated Advisors Network LLC decreased its position in Xylem Inc. (NYSE:XYL) by 4.1% in the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 4,779 shares of the industrial products company’s stock after selling 205 shares during the period. Integrated Advisors Network LLC’s holdings in Xylem were worth $645,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of XYL. Norden Group LLC bought a new position in Xylem in the first quarter worth approximately $2,821,000. First Trust Direct Indexing L.P. raised its stake in Xylem by 6.3% in the first quarter. First Trust Direct Indexing L.P. now owns 7,912 shares of the industrial products company’s stock worth $1,023,000 after buying an additional 469 shares in the last quarter. Maryland State Retirement & Pension System raised its stake in Xylem by 2.8% in the first quarter. Maryland State Retirement & Pension System now owns 18,608 shares of the industrial products company’s stock worth $2,325,000 after buying an additional 503 shares in the last quarter. BNP Paribas Financial Markets raised its stake in Xylem by 21.5% in the first quarter. BNP Paribas Financial Markets now owns 379,273 shares of the industrial products company’s stock worth $49,017,000 after buying an additional 66,997 shares in the last quarter. Finally, Connecticut Wealth Management LLC raised its stake in Xylem by 6.0% in the first quarter. Connecticut Wealth Management LLC now owns 1,945 shares of the industrial products company’s stock worth $251,000 after buying an additional 110 shares in the last quarter. Institutional investors own 87.96% of the company’s stock.

Xylem Price Performance

NYSE XYL opened at $121.78 on Friday. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.85 and a quick ratio of 1.33. The stock’s fifty day moving average price is $133.41 and its 200 day moving average price is $135.28. Xylem Inc. has a 1 year low of $91.42 and a 1 year high of $146.08. The company has a market cap of $29.58 billion, a price-to-earnings ratio of 38.54, a PEG ratio of 2.30 and a beta of 1.04.

Xylem (NYSE:XYL) last posted its quarterly earnings results on Tuesday, July 30th. The industrial products company reported $1.09 EPS for the quarter, beating the consensus estimate of $1.05 by $0.04. Xylem had a net margin of 9.11% and a return on equity of 9.48%. The company had revenue of $2.17 billion for the quarter, compared to analyst estimates of $2.14 billion. During the same period in the prior year, the company earned $0.98 earnings per share. The firm’s revenue was up 26.0% on a year-over-year basis. As a group, equities research analysts forecast that Xylem Inc. will post 4.26 earnings per share for the current year.

Xylem Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 26th. Shareholders of record on Thursday, August 29th were issued a $0.36 dividend. This represents a $1.44 annualized dividend and a yield of 1.18%. The ex-dividend date of this dividend was Thursday, August 29th. Xylem’s payout ratio is 45.57%.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on XYL shares. Stifel Nicolaus boosted their price objective on shares of Xylem from $170.00 to $172.00 and gave the stock a “buy” rating in a research note on Wednesday, July 31st. TD Cowen reaffirmed a “hold” rating and set a $138.00 price target on shares of Xylem in a research report on Tuesday, September 3rd. Royal Bank of Canada upped their price target on Xylem from $160.00 to $163.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 31st. UBS Group started coverage on Xylem in a research report on Tuesday, August 13th. They set a “buy” rating and a $165.00 price target on the stock. Finally, Robert W. Baird upped their price target on Xylem from $155.00 to $170.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 31st. Four analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $149.67.

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.