Robeco Schweiz AG Has $119.01 Million Holdings in Xylem Inc. (NYSE:XYL)

Robeco Schweiz AG lessened its stake in shares of Xylem Inc. (NYSE:XYL - Free Report) by 13.0% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 996,226 shares of the industrial products company's stock after selling 148,509 shares during the quarter. Xylem comprises about 2.9% of Robeco Schweiz AG's investment portfolio, making the stock its 4th biggest holding. Robeco Schweiz AG owned 0.41% of Xylem worth $119,009,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in the stock. Vanguard Group Inc. boosted its holdings in shares of Xylem by 1.1% during the 4th quarter. Vanguard Group Inc. now owns 28,644,417 shares of the industrial products company's stock valued at $3,323,325,000 after acquiring an additional 303,854 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Xylem by 2.4% in the fourth quarter. Geode Capital Management LLC now owns 5,804,247 shares of the industrial products company's stock worth $671,623,000 after buying an additional 135,492 shares during the last quarter. Royal Bank of Canada boosted its holdings in shares of Xylem by 7.9% in the fourth quarter. Royal Bank of Canada now owns 4,369,804 shares of the industrial products company's stock worth $506,985,000 after buying an additional 320,500 shares during the last quarter. Invesco Ltd. boosted its holdings in shares of Xylem by 9.8% in the fourth quarter. Invesco Ltd. now owns 4,009,907 shares of the industrial products company's stock worth $465,229,000 after buying an additional 359,276 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in Xylem by 8.7% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,750,377 shares of the industrial products company's stock worth $435,119,000 after acquiring an additional 301,070 shares during the period. Hedge funds and other institutional investors own 87.96% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have commented on the stock. Royal Bank Of Canada raised their target price on shares of Xylem from $143.00 to $147.00 and gave the stock an "outperform" rating in a research note on Wednesday, April 30th. Stifel Nicolaus raised their target price on shares of Xylem from $140.00 to $141.00 and gave the stock a "buy" rating in a research note on Wednesday, April 30th. Robert W. Baird reduced their price objective on shares of Xylem from $149.00 to $146.00 and set an "outperform" rating on the stock in a research report on Wednesday, April 30th. Citigroup reduced their price objective on shares of Xylem from $152.00 to $134.00 and set a "buy" rating on the stock in a research report on Monday, April 14th. Finally, JPMorgan Chase & Co. assumed coverage on shares of Xylem in a research report on Friday, May 30th. They set an "overweight" rating and a $148.00 price objective on the stock. Three analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $143.71.

Xylem Price Performance

XYL traded down $0.64 during trading hours on Friday, hitting $130.96. The company's stock had a trading volume of 1,078,928 shares, compared to its average volume of 1,418,532. The business's 50-day moving average price is $127.00 and its 200-day moving average price is $122.55. Xylem Inc. has a 12 month low of $100.47 and a 12 month high of $143.50. The stock has a market cap of $31.87 billion, a price-to-earnings ratio of 35.20, a P/E/G ratio of 2.40 and a beta of 1.12. The company has a current ratio of 1.89, a quick ratio of 1.41 and a debt-to-equity ratio of 0.18.

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, topping the consensus estimate of $0.95 by $0.08. The company had revenue of $2.07 billion for the quarter, compared to analysts' expectations of $2.04 billion. Xylem had a net margin of 10.54% and a return on equity of 10.12%. Xylem's quarterly revenue was up 1.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.90 earnings per share. Sell-side analysts expect that Xylem Inc. will post 4.65 earnings per share for the current fiscal year.

Xylem Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 26th. Shareholders of record on Thursday, May 29th were paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 1.22%. The ex-dividend date was Thursday, May 29th. Xylem's payout ratio is 43.01%.

Xylem Company 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.