Xylem Inc. (XYL) Shares Bought by Commonwealth of Pennsylvania Public School Empls Retrmt SYS

Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its holdings in shares of Xylem Inc. (NYSE:XYL) by 9.4% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 14,604 shares of the industrial products company’s stock after purchasing an additional 1,252 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Xylem were worth $915,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in XYL. Vanguard Group Inc. lifted its stake in Xylem by 2.4% during the 2nd quarter. Vanguard Group Inc. now owns 17,697,791 shares of the industrial products company’s stock worth $980,989,000 after acquiring an additional 409,920 shares in the last quarter. State Street Corp lifted its stake in Xylem by 11.5% during the 2nd quarter. State Street Corp now owns 8,360,506 shares of the industrial products company’s stock worth $460,211,000 after acquiring an additional 861,484 shares in the last quarter. FMR LLC lifted its stake in Xylem by 7.7% during the 2nd quarter. FMR LLC now owns 3,239,067 shares of the industrial products company’s stock worth $179,541,000 after acquiring an additional 232,139 shares in the last quarter. Ameriprise Financial Inc. lifted its stake in Xylem by 17.0% during the 2nd quarter. Ameriprise Financial Inc. now owns 2,727,985 shares of the industrial products company’s stock worth $151,210,000 after acquiring an additional 396,854 shares in the last quarter. Finally, Victory Capital Management Inc. lifted its stake in Xylem by 9.3% during the 2nd quarter. Victory Capital Management Inc. now owns 2,298,043 shares of the industrial products company’s stock worth $127,381,000 after acquiring an additional 195,532 shares in the last quarter. Institutional investors and hedge funds own 85.58% of the company’s stock.

Xylem Inc. (NYSE:XYL) traded up $0.14 during mid-day trading on Thursday, reaching $67.98. The company’s stock had a trading volume of 1,079,800 shares, compared to its average volume of 1,206,099. The company has a quick ratio of 1.26, a current ratio of 1.76 and a debt-to-equity ratio of 0.88. The firm has a market cap of $12,184.06, a price-to-earnings ratio of 29.62, a P/E/G ratio of 1.89 and a beta of 1.17. Xylem Inc. has a 52 week low of $46.67 and a 52 week high of $69.88.

Xylem (NYSE:XYL) last posted its quarterly earnings results on Tuesday, October 31st. The industrial products company reported $0.65 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.64 by $0.01. The company had revenue of $1.20 billion for the quarter, compared to analyst estimates of $1.18 billion. Xylem had a return on equity of 17.74% and a net margin of 6.85%. Xylem’s revenue for the quarter was up 33.2% compared to the same quarter last year. During the same quarter last year, the company earned $0.54 EPS. equities analysts anticipate that Xylem Inc. will post 2.39 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 6th. Shareholders of record on Thursday, November 2nd were given a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 1.06%. The ex-dividend date of this dividend was Wednesday, November 1st. Xylem’s dividend payout ratio is currently 41.86%.

In other news, Director Steven R. Loranger sold 37,700 shares of the firm’s stock in a transaction dated Monday, November 6th. The stock was sold at an average price of $66.25, for a total transaction of $2,497,625.00. Following the sale, the director now owns 58,831 shares of the company’s stock, valued at approximately $3,897,553.75. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Curtis J. Crawford sold 7,500 shares of the firm’s stock in a transaction dated Wednesday, November 8th. The stock was sold at an average price of $66.44, for a total value of $498,300.00. Following the sale, the director now directly owns 52,385 shares in the company, valued at approximately $3,480,459.40. The disclosure for this sale can be found here. Insiders sold a total of 83,270 shares of company stock worth $5,501,312 in the last ninety days. 0.75% of the stock is owned by corporate insiders.

Several equities analysts recently issued reports on the company. Zacks Investment Research lowered Xylem from a “buy” rating to a “hold” rating in a research note on Wednesday. Oppenheimer increased their target price on Xylem from $66.00 to $75.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 1st. Cowen reissued an “outperform” rating and set a $70.00 target price (up previously from $60.00) on shares of Xylem in a research note on Wednesday, August 9th. Canaccord Genuity reissued a “hold” rating and set a $65.00 target price on shares of Xylem in a research note on Wednesday, November 1st. Finally, Boenning Scattergood reissued an “outperform” rating on shares of Xylem in a research note on Tuesday, September 5th. Seven equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Xylem has a consensus rating of “Buy” and a consensus price target of $65.17.

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Xylem Profile

Xylem Inc is a water technology company. The Company designs, manufactures and services engineered solutions across a range of critical applications. It is an equipment and service provider for water and wastewater applications with a portfolio of products and services addressing the cycle of water, from collection, distribution and use to the return of water to the environment.

Institutional Ownership by Quarter for Xylem (NYSE:XYL)

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