Silvia Mccoll Wealth Management LLC acquired a new stake in Xylem Inc. (NYSE:XYL – Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 1,600 shares of the industrial products company’s stock, valued at approximately $207,000.
Several other hedge funds also recently bought and sold shares of XYL. Valley National Advisers Inc. increased its position in Xylem by 84.9% during the first quarter. Valley National Advisers Inc. now owns 220 shares of the industrial products company’s stock worth $26,000 after buying an additional 101 shares in the last quarter. Perkins Coie Trust Co purchased a new stake in shares of Xylem in the first quarter valued at $27,000. Maseco LLP acquired a new position in Xylem in the second quarter valued at $31,000. Center for Financial Planning Inc. boosted its holdings in Xylem by 52.0% in the first quarter. Center for Financial Planning Inc. now owns 266 shares of the industrial products company’s stock valued at $32,000 after acquiring an additional 91 shares during the last quarter. Finally, ST Germain D J Co. Inc. boosted its holdings in Xylem by 950.0% in the second quarter. ST Germain D J Co. Inc. now owns 252 shares of the industrial products company’s stock valued at $33,000 after acquiring an additional 228 shares during the last quarter. Hedge funds and other institutional investors own 87.96% of the company’s stock.
Xylem Trading Up 0.7%
Shares of XYL opened at $149.99 on Friday. The stock’s 50-day moving average is $141.96 and its two-hundred day moving average is $129.48. The stock has a market cap of $36.51 billion, a PE ratio of 38.96, a P/E/G ratio of 2.59 and a beta of 1.13. Xylem Inc. has a 12 month low of $100.47 and a 12 month high of $150.98. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.90 and a quick ratio of 1.43.
Xylem Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Thursday, September 25th. Investors of record on Thursday, August 28th were paid a $0.40 dividend. The ex-dividend date was Thursday, August 28th. This represents a $1.60 annualized dividend and a dividend yield of 1.1%. Xylem’s payout ratio is 41.56%.
Insider Activity at Xylem
In related news, CAO Geri-Michelle Mcshane sold 1,000 shares of the business’s stock in a transaction dated Friday, September 5th. The stock was sold at an average price of $139.96, for a total value of $139,960.00. Following the transaction, the chief accounting officer owned 2,957 shares in the company, valued at approximately $413,861.72. The trade was a 25.27% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 0.27% of the company’s stock.
Analyst Ratings Changes
XYL has been the topic of a number of research analyst reports. Weiss Ratings reiterated a “buy (b)” rating on shares of Xylem in a report on Saturday, September 27th. Mizuho lifted their target price on Xylem from $125.00 to $140.00 and gave the company a “neutral” rating in a report on Friday, September 12th. Citigroup reiterated a “buy” rating and issued a $152.00 target price (up previously from $137.00) on shares of Xylem in a report on Monday, July 14th. TD Cowen lifted their target price on Xylem from $125.00 to $130.00 and gave the company a “hold” rating in a report on Tuesday, August 26th. Finally, Barclays began coverage on Xylem in a report on Friday, September 19th. They issued an “overweight” rating and a $165.00 target price on the stock. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $152.33.
Get Our Latest Research Report on XYL
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.
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