Xylem Inc. (NYSE:XYL) is Terra Alpha Investments LLC's 6th Largest Position

Terra Alpha Investments LLC grew its stake in shares of Xylem Inc. (NYSE:XYL - Free Report) by 12.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 37,241 shares of the industrial products company's stock after buying an additional 3,993 shares during the period. Xylem accounts for approximately 4.8% of Terra Alpha Investments LLC's portfolio, making the stock its 6th largest holding. Terra Alpha Investments LLC's holdings in Xylem were worth $4,449,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Tallon Kerry Patrick bought a new position in shares of Xylem in the fourth quarter worth $260,000. Bleakley Financial Group LLC increased its stake in Xylem by 2.3% in the 4th quarter. Bleakley Financial Group LLC now owns 4,359 shares of the industrial products company's stock worth $506,000 after acquiring an additional 96 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd boosted its position in shares of Xylem by 14.9% during the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 27,820 shares of the industrial products company's stock valued at $3,228,000 after acquiring an additional 3,610 shares during the last quarter. Apollon Wealth Management LLC grew its holdings in shares of Xylem by 938.9% during the fourth quarter. Apollon Wealth Management LLC now owns 19,510 shares of the industrial products company's stock worth $2,264,000 after purchasing an additional 17,632 shares in the last quarter. Finally, Empowered Funds LLC increased its position in shares of Xylem by 14.0% in the fourth quarter. Empowered Funds LLC now owns 5,558 shares of the industrial products company's stock worth $645,000 after purchasing an additional 683 shares during the last quarter. 87.96% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on XYL shares. Robert W. Baird dropped their target price on shares of Xylem from $149.00 to $146.00 and set an "outperform" rating for the company in a research report on Wednesday, April 30th. JPMorgan Chase & Co. assumed coverage on shares of Xylem in a research report on Friday, May 30th. They issued an "overweight" rating and a $148.00 target price for the company. Raymond James upgraded Xylem to a "hold" rating in a research report on Thursday, May 15th. Citigroup cut their price objective on Xylem from $152.00 to $134.00 and set a "buy" rating for the company in a report on Monday, April 14th. Finally, Royal Bank of Canada raised their price objective on Xylem from $143.00 to $147.00 and gave the company an "outperform" rating in a report on Wednesday, April 30th. Three investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $143.71.

Xylem Trading Down 0.6%

Shares of NYSE:XYL traded down $0.71 during trading on Wednesday, reaching $127.78. 186,219 shares of the company traded hands, compared to its average volume of 1,395,517. The company has a current ratio of 1.76, a quick ratio of 1.33 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 $143.50. The firm has a market capitalization of $31.10 billion, a price-to-earnings ratio of 34.90, a P/E/G ratio of 2.33 and a beta of 1.13. The business's fifty day moving average is $119.15 and its 200-day moving average is $121.73.

Xylem (NYSE:XYL - Get Free Report) last announced its quarterly earnings results on Tuesday, April 29th. The industrial products company reported $1.03 earnings per share for the quarter, beating the consensus estimate of $0.95 by $0.08. Xylem had a net margin of 10.40% and a return on equity of 9.96%. The business had revenue of $2.07 billion during the quarter, compared to analysts' expectations of $2.04 billion. During the same quarter in the prior year, the company posted $0.90 EPS. The firm's revenue for the quarter was up 1.8% compared to the same quarter last year. As a group, analysts forecast that Xylem Inc. will post 4.65 EPS for the current year.

Xylem Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 26th. Stockholders of record on Thursday, May 29th will be paid a dividend of $0.40 per share. The ex-dividend date of this dividend is Thursday, May 29th. This represents a $1.60 annualized dividend and a dividend yield of 1.25%. Xylem's dividend payout ratio (DPR) is presently 43.01%.

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.