Xylem Inc. (NYSE:XYL) Shares Sold by Aristotle Capital Management LLC

Aristotle Capital Management LLC reduced its position in Xylem Inc. (NYSE:XYL - Free Report) by 0.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 8,271,667 shares of the industrial products company's stock after selling 39,916 shares during the quarter. Xylem makes up about 1.8% of Aristotle Capital Management LLC's investment portfolio, making the stock its 24th biggest holding. Aristotle Capital Management LLC owned approximately 3.40% of Xylem worth $959,679,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of XYL. Wilmington Savings Fund Society FSB acquired a new stake in shares of Xylem during the third quarter worth $2,492,000. Tidal Investments LLC lifted its holdings in Xylem by 1.7% in the third quarter. Tidal Investments LLC now owns 47,642 shares of the industrial products company's stock worth $6,433,000 after acquiring an additional 783 shares during the last quarter. Franklin Resources Inc. boosted its stake in Xylem by 2.3% in the third quarter. Franklin Resources Inc. now owns 1,597,657 shares of the industrial products company's stock valued at $219,262,000 after acquiring an additional 36,102 shares during the period. Versant Capital Management Inc raised its position in shares of Xylem by 318.2% during the 4th quarter. Versant Capital Management Inc now owns 368 shares of the industrial products company's stock worth $43,000 after purchasing an additional 280 shares during the period. Finally, Nordea Investment Management AB lifted its holdings in shares of Xylem by 24.6% in the 4th quarter. Nordea Investment Management AB now owns 26,798 shares of the industrial products company's stock worth $3,125,000 after purchasing an additional 5,286 shares during the last quarter. Institutional investors and hedge funds own 87.96% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on XYL. Robert W. Baird dropped their target price on Xylem from $149.00 to $146.00 and set an "outperform" rating on the stock in a research report on Wednesday, April 30th. Royal Bank of Canada lifted their price objective on shares of Xylem from $143.00 to $147.00 and gave the company an "outperform" rating in a research report on Wednesday, April 30th. Citigroup decreased their target price on shares of Xylem from $152.00 to $134.00 and set a "buy" rating for the company in a research report on Monday, April 14th. Finally, Stifel Nicolaus lifted their price target on Xylem from $140.00 to $141.00 and gave the company a "buy" rating in a report on Wednesday, April 30th. Two investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $146.88.

Xylem Price Performance

Shares of NYSE XYL traded up $0.69 during mid-day trading on Wednesday, reaching $121.14. 1,578,613 shares of the company traded hands, compared to its average volume of 1,419,815. The firm has a market cap of $29.48 billion, a PE ratio of 33.10, a price-to-earnings-growth ratio of 2.33 and a beta of 1.10. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.76 and a quick ratio of 1.33. Xylem Inc. has a fifty-two week low of $100.47 and a fifty-two week high of $146.08. The stock has a fifty day simple moving average of $117.73 and a 200-day simple moving average of $121.67.

Xylem (NYSE:XYL - Get Free Report) last posted its quarterly earnings data on Tuesday, April 29th. The industrial products company reported $1.03 EPS for the quarter, topping analysts' consensus estimates of $0.95 by $0.08. The company had revenue of $2.07 billion for the quarter, compared to the consensus estimate of $2.04 billion. Xylem had a return on equity of 9.96% and a net margin of 10.40%. The company's quarterly revenue was up 1.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.90 EPS. Equities research analysts anticipate that Xylem Inc. will post 4.65 EPS for the current fiscal year.

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.