Xylem Inc. (NYSE:XYL) Shares Bought by Cramer Rosenthal Mcglynn LLC

Cramer Rosenthal Mcglynn LLC lifted its position in shares of Xylem Inc. (NYSE:XYL) by 12.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 191,810 shares of the industrial products company’s stock after buying an additional 21,647 shares during the period. Cramer Rosenthal Mcglynn LLC’s holdings in Xylem were worth $22,254,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the company. Dempze Nancy E increased its stake in Xylem by 0.3% during the fourth quarter. Dempze Nancy E now owns 25,761 shares of the industrial products company’s stock worth $2,989,000 after acquiring an additional 88 shares during the last quarter. Townsquare Capital LLC grew its holdings in shares of Xylem by 0.8% during the 4th quarter. Townsquare Capital LLC now owns 11,074 shares of the industrial products company’s stock worth $1,285,000 after purchasing an additional 88 shares during the period. Clear Creek Financial Management LLC grew its holdings in shares of Xylem by 4.3% during the 4th quarter. Clear Creek Financial Management LLC now owns 2,315 shares of the industrial products company’s stock worth $269,000 after purchasing an additional 96 shares during the period. Bleakley Financial Group LLC increased its position in shares of Xylem by 2.3% during the 4th quarter. Bleakley Financial Group LLC now owns 4,359 shares of the industrial products company’s stock worth $506,000 after purchasing an additional 96 shares during the last quarter. Finally, U.S. Capital Wealth Advisors LLC raised its holdings in Xylem by 1.3% in the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 7,868 shares of the industrial products company’s stock valued at $913,000 after buying an additional 98 shares during the period. Hedge funds and other institutional investors own 87.96% of the company’s stock.

Analyst Upgrades and Downgrades

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

Xylem Price Performance

Xylem stock opened at $110.53 on Friday. The company’s 50 day moving average is $121.03 and its two-hundred day moving average is $123.40. The firm has a market cap of $26.90 billion, a PE ratio of 30.20, a price-to-earnings-growth 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 Inc. has a 52-week low of $100.47 and a 52-week high of $146.08.

Xylem (NYSE:XYL) last released its earnings results 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. Xylem had a return on equity of 9.96% and a net margin of 10.40%. The firm had revenue of $2.30 billion during the quarter, compared to analyst estimates of $2.18 billion. During the same period last year, the business posted $0.99 earnings per share. Xylem’s revenue was up 8.6% compared to the same quarter last year. On average, research analysts expect that Xylem Inc. will post 4.65 EPS for the current fiscal year.

Xylem Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 19th. Stockholders of record on Tuesday, February 18th were given a dividend of $0.40 per share. The ex-dividend date was Tuesday, February 18th. This is an increase from Xylem’s previous quarterly dividend of $0.36. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.45%. Xylem’s 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.