4,855 Shares in Xylem Inc. (NYSE:XYL) Acquired by Nicholson Wealth Management Group LLC

Nicholson Wealth Management Group LLC acquired a new position in shares of Xylem Inc. (NYSE:XYL) in the third quarter, HoldingsChannel.com reports. The firm acquired 4,855 shares of the industrial products company’s stock, valued at approximately $656,000.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Park Avenue Securities LLC increased its holdings in shares of Xylem by 8.0% in the 1st quarter. Park Avenue Securities LLC now owns 3,114 shares of the industrial products company’s stock worth $402,000 after acquiring an additional 231 shares during the period. Register Financial Advisors LLC acquired a new stake in shares of Xylem in the first quarter valued at approximately $89,000. Brown Miller Wealth Management LLC raised its holdings in shares of Xylem by 1.4% during the first quarter. Brown Miller Wealth Management LLC now owns 11,524 shares of the industrial products company’s stock valued at $1,489,000 after buying an additional 156 shares during the last quarter. Breakwater Capital Group acquired a new position in shares of Xylem during the first quarter worth approximately $209,000. Finally, LVW Advisors LLC grew its holdings in Xylem by 6.5% in the 1st quarter. LVW Advisors LLC now owns 4,390 shares of the industrial products company’s stock worth $567,000 after buying an additional 269 shares in the last quarter. 87.96% of the stock is currently owned by institutional investors.

Xylem Stock Down 0.8 %

NYSE XYL opened at $130.65 on Friday. The company has a market capitalization of $31.73 billion, a P/E ratio of 41.34, a PEG ratio of 2.31 and a beta of 1.04. Xylem Inc. has a 12 month low of $87.59 and a 12 month high of $146.08. 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 company’s 50 day simple moving average is $133.72 and its 200 day simple moving average is $135.18.

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

Xylem Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, September 26th. Stockholders of record on Thursday, August 29th were paid a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.10%. The ex-dividend date of this dividend was Thursday, August 29th. Xylem’s dividend payout ratio (DPR) is presently 45.57%.

Analyst Upgrades and Downgrades

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

About Xylem

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.