Ecofi Investissements SA Has $9.11 Million Position in Xylem Inc. (NYSE:XYL)

Ecofi Investissements SA increased its stake in Xylem Inc. (NYSE:XYL) by 0.1% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 84,700 shares of the industrial products company’s stock after purchasing an additional 100 shares during the quarter. Xylem makes up approximately 5.6% of Ecofi Investissements SA’s investment portfolio, making the stock its 6th largest position. Ecofi Investissements SA’s holdings in Xylem were worth $9,105,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Lee Danner & Bass Inc. acquired a new stake in shares of Xylem during the 4th quarter worth approximately $30,000. Rialto Wealth Management LLC bought a new stake in shares of Xylem in the 4th quarter valued at about $31,000. Heck Capital Advisors LLC acquired a new stake in shares of Xylem in the fourth quarter valued at about $36,000. SRS Capital Advisors Inc. raised its position 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 worth $37,000 after acquiring an additional 130 shares during the last quarter. Finally, Pathway Financial Advisers LLC lifted 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 period. 87.96% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on XYL shares. Citigroup lowered their price target on shares of Xylem from $152.00 to $134.00 and set a “buy” rating for the company in a report on Monday, April 14th. Stifel Nicolaus decreased their price target on Xylem from $150.00 to $140.00 and set a “buy” rating for the company in a report on Wednesday. Finally, Robert W. Baird boosted their price objective on Xylem from $139.00 to $148.00 and gave the company an “outperform” rating in a research note on Wednesday, February 5th. Three analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $147.33.

Xylem Trading Up 1.2 %

Shares of XYL stock opened at $110.53 on Friday. The company has a 50 day moving average of $120.60 and a 200-day moving average of $123.24. Xylem Inc. has a 12-month low of $100.47 and a 12-month high of $146.08. The firm has a market cap of $26.90 billion, a P/E ratio of 30.20, a PEG ratio of 2.33 and a beta of 1.08. The company has a quick ratio of 1.33, a current ratio of 1.76 and a debt-to-equity ratio of 0.19.

Xylem (NYSE:XYL) last announced its quarterly earnings data on Tuesday, February 4th. The industrial products company reported $1.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.12 by $0.06. The business had revenue of $2.30 billion for 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 firm’s quarterly revenue was up 8.6% compared to the same quarter last year. During the same period in the previous year, the business posted $0.99 EPS. Sell-side analysts anticipate 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 issued a dividend of $0.40 per share. This is a boost from Xylem’s previous quarterly dividend of $0.36. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $1.60 dividend on an annualized basis and a yield of 1.45%. Xylem’s payout ratio is presently 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.