Xylem Inc. (NYSE:XYL) Holdings Raised by Asset Management One Co. Ltd.

Asset Management One Co. Ltd. grew its position in Xylem Inc. (NYSE:XYL - Free Report) by 5.1% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 163,059 shares of the industrial products company's stock after acquiring an additional 7,978 shares during the quarter. Asset Management One Co. Ltd. owned approximately 0.07% of Xylem worth $19,479,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also made changes to their positions in the company. Perkins Coie Trust Co bought a new stake in shares of Xylem in the 1st quarter valued at approximately $27,000. Lee Danner & Bass Inc. bought a new stake in shares of Xylem in the 4th quarter valued at approximately $30,000. Rialto Wealth Management LLC bought a new stake in shares of Xylem in the 4th quarter valued at approximately $31,000. Center for Financial Planning Inc. increased its holdings in shares of Xylem by 52.0% in the 1st quarter. Center for Financial Planning Inc. now owns 266 shares of the industrial products company's stock valued at $32,000 after acquiring an additional 91 shares during the last quarter. Finally, Heck Capital Advisors LLC bought a new stake in shares of Xylem in the 4th quarter valued at approximately $36,000. 87.96% of the stock is currently owned by institutional investors.

Xylem Trading Up 0.3%

NYSE:XYL opened at $127.53 on Thursday. Xylem Inc. has a 1 year low of $100.47 and a 1 year high of $143.50. The stock has a market cap of $31.03 billion, a price-to-earnings ratio of 34.28, a PEG ratio of 2.32 and a beta of 1.13. The business has a fifty day moving average of $123.30 and a 200-day moving average of $121.72. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.41 and a current ratio of 1.89.

Xylem (NYSE:XYL - Get Free Report) last released its quarterly earnings results on Tuesday, April 29th. The industrial products company reported $1.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.95 by $0.08. Xylem had a return on equity of 10.12% and a net margin of 10.54%. The company 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 business posted $0.90 earnings per share. The company's revenue for the quarter was up 1.8% compared to the same quarter last year. Equities analysts predict that Xylem Inc. will post 4.65 earnings per share for the current year.

Xylem Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 26th. Stockholders of record on Thursday, May 29th will be issued a $0.40 dividend. 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 43.01%.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the company. Royal Bank Of Canada increased their target price on Xylem from $143.00 to $147.00 and gave the stock an "outperform" rating in a research report on Wednesday, April 30th. JPMorgan Chase & Co. assumed coverage on Xylem in a research report on Friday, May 30th. They issued an "overweight" rating and a $148.00 target price on the stock. Stifel Nicolaus increased their target price on Xylem from $140.00 to $141.00 and gave the stock a "buy" rating in a research report on Wednesday, April 30th. 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. Finally, Citigroup dropped their target price on Xylem from $152.00 to $134.00 and set a "buy" rating on the stock in a research report on Monday, April 14th. Three equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $143.71.

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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