Dimensional Fund Advisors LP Has $222.05 Million Position in Xylem Inc. $XYL

Key Points

• Dimensional Fund Advisors LP increased its stake in Xylem Inc., growing its position by 1.7% to approximately $222.05 million, now owning 1,858,899 shares.
• Xylem recently reported quarterly earnings of $1.26 per share, surpassing analysts' expectations, with a revenue increase of 6.1% year-over-year.
• The company declared a quarterly dividend of $0.40 per share, with an annualized dividend yield of 1.1%, set to be paid on September 25th.

Dimensional Fund Advisors LP grew its stake in shares of Xylem Inc. (NYSE:XYL - Free Report) by 1.7% in the first quarter, according to its most recent disclosure with the SEC. The fund owned 1,858,899 shares of the industrial products company's stock after buying an additional 30,595 shares during the period. Dimensional Fund Advisors LP owned approximately 0.76% of Xylem worth $222,049,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in the stock. Center for Financial Planning Inc. raised its position in shares of Xylem by 52.0% during the first quarter. Center for Financial Planning Inc. now owns 266 shares of the industrial products company's stock valued at $32,000 after buying an additional 91 shares during the last quarter. Keel Point LLC raised its position in shares of Xylem by 4.1% during the fourth quarter. Keel Point LLC now owns 2,371 shares of the industrial products company's stock valued at $275,000 after buying an additional 93 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. raised its position in shares of Xylem by 3.0% during the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 3,450 shares of the industrial products company's stock valued at $412,000 after buying an additional 99 shares during the last quarter. Valley National Advisers Inc. raised its position in Xylem by 84.9% in the first quarter. Valley National Advisers Inc. now owns 220 shares of the industrial products company's stock worth $26,000 after purchasing an additional 101 shares in the last quarter. Finally, Ascent Wealth Partners LLC raised its position in Xylem by 0.7% in the first quarter. Ascent Wealth Partners LLC now owns 14,229 shares of the industrial products company's stock worth $1,700,000 after purchasing an additional 101 shares in the last quarter. Institutional investors and hedge funds own 87.96% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on XYL shares. Stifel Nicolaus increased their price target on shares of Xylem from $162.00 to $175.00 and gave the stock a "buy" rating in a research report on Friday, August 1st. Raymond James Financial raised shares of Xylem to a "hold" rating in a research report on Thursday, May 15th. UBS Group increased their price target on shares of Xylem from $164.00 to $168.00 and gave the stock a "buy" rating in a research report on Tuesday, August 5th. Royal Bank Of Canada raised their price objective on shares of Xylem from $143.00 to $147.00 and gave the stock an "outperform" rating in a report on Wednesday, April 30th. Finally, Robert W. Baird dropped their price objective on shares of Xylem from $149.00 to $146.00 and set an "outperform" rating for the company in a report on Wednesday, April 30th. Three analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. According to MarketBeat.com, Xylem presently has a consensus rating of "Moderate Buy" and an average price target of $151.57.

Xylem Price Performance

Shares of XYL stock opened at $140.80 on Tuesday. Xylem Inc. has a 52-week low of $100.47 and a 52-week high of $145.33. The stock has a market cap of $34.27 billion, a PE ratio of 36.57, a PEG ratio of 2.44 and a beta of 1.11. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.43 and a current ratio of 1.90. The firm's 50 day moving average price is $133.08 and its two-hundred day moving average price is $126.01.

Xylem (NYSE:XYL - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The industrial products company reported $1.26 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.15 by $0.11. Xylem had a net margin of 10.74% and a return on equity of 10.33%. The firm had revenue of $2.30 billion for the quarter, compared to analysts' expectations of $2.20 billion. During the same period last year, the firm earned $1.09 earnings per share. The business's revenue for the quarter was up 6.1% on a year-over-year basis. As a group, analysts forecast that Xylem Inc. will post 4.65 EPS for the current year.

Xylem Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 25th. Stockholders of record on Thursday, August 28th will be given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend is Thursday, August 28th. Xylem's dividend payout ratio (DPR) is currently 41.56%.

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.

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