1,582 Shares in Xylem Inc. (NYSE:XYL) Acquired by Williams Jones Wealth Management LLC.

Williams Jones Wealth Management LLC. bought a new position in shares of Xylem Inc. (NYSE:XYL) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 1,582 shares of the industrial products company’s stock, valued at approximately $204,000.

Several other large investors have also added to or reduced their stakes in XYL. Kornitzer Capital Management Inc. KS boosted its holdings in Xylem by 9.0% in the fourth quarter. Kornitzer Capital Management Inc. KS now owns 109,882 shares of the industrial products company’s stock worth $12,566,000 after acquiring an additional 9,114 shares in the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lifted its holdings in shares of Xylem by 1,503.7% in the fourth quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 1,649,926 shares of the industrial products company’s stock valued at $188,685,000 after purchasing an additional 1,547,043 shares in the last quarter. Duality Advisers LP bought a new position in shares of Xylem in the first quarter valued at approximately $6,746,000. International Assets Investment Management LLC lifted its holdings in shares of Xylem by 10,296.7% in the fourth quarter. International Assets Investment Management LLC now owns 63,004 shares of the industrial products company’s stock valued at $7,205,000 after purchasing an additional 62,398 shares in the last quarter. Finally, Vanguard Group Inc. lifted its holdings in shares of Xylem by 0.7% in the fourth quarter. Vanguard Group Inc. now owns 28,048,996 shares of the industrial products company’s stock valued at $3,207,683,000 after purchasing an additional 187,847 shares in the last quarter. Institutional investors and hedge funds own 87.96% of the company’s stock.

Insider Activity at Xylem

In other Xylem news, SVP Rodney Aulick sold 21,800 shares of Xylem stock in a transaction dated Wednesday, June 5th. The stock was sold at an average price of $139.01, for a total transaction of $3,030,418.00. Following the completion of the sale, the senior vice president now owns 76,287 shares of the company’s stock, valued at $10,604,655.87. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In other news, CAO Geri-Michelle Mcshane sold 2,278 shares of the business’s stock in a transaction dated Monday, June 10th. The stock was sold at an average price of $138.63, for a total value of $315,799.14. Following the completion of the sale, the chief accounting officer now owns 3,536 shares of the company’s stock, valued at approximately $490,195.68. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, SVP Rodney Aulick sold 21,800 shares of the business’s stock in a transaction dated Wednesday, June 5th. The shares were sold at an average price of $139.01, for a total value of $3,030,418.00. Following the completion of the sale, the senior vice president now directly owns 76,287 shares of the company’s stock, valued at approximately $10,604,655.87. The disclosure for this sale can be found here. 0.27% of the stock is owned by corporate insiders.

Xylem Stock Performance

Shares of NYSE XYL traded down $0.64 during mid-day trading on Wednesday, hitting $140.62. The company had a trading volume of 34,882 shares, compared to its average volume of 1,196,730. The company has a market capitalization of $34.09 billion, a price-to-earnings ratio of 50.29, a P/E/G ratio of 2.44 and a beta of 1.04. Xylem Inc. has a 1 year low of $87.59 and a 1 year high of $146.08. The company has a current ratio of 1.67, a quick ratio of 1.22 and a debt-to-equity ratio of 0.19. The stock’s 50-day moving average price is $139.17 and its 200-day moving average price is $129.07.

Xylem (NYSE:XYL) last announced its quarterly earnings results on Thursday, May 2nd. The industrial products company reported $0.90 earnings per share for the quarter, beating the consensus estimate of $0.84 by $0.06. The company had revenue of $2.03 billion during the quarter, compared to analysts’ expectations of $2 billion. Xylem had a return on equity of 8.95% and a net margin of 8.34%. The firm’s quarterly revenue was up 40.4% compared to the same quarter last year. During the same period in the previous year, the business earned $0.72 earnings per share. On average, sell-side analysts forecast that Xylem Inc. will post 4.22 earnings per share for the current year.

Xylem Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 27th. Investors of record on Thursday, May 30th were paid a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a yield of 1.02%. The ex-dividend date of this dividend was Thursday, May 30th. Xylem’s dividend payout ratio is 51.25%.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on XYL shares. Mizuho raised their target price on Xylem from $110.00 to $135.00 and gave the company a “neutral” rating in a report on Friday, May 3rd. Oppenheimer raised their target price on Xylem from $147.00 to $152.00 and gave the company an “outperform” rating in a report on Friday, May 31st. Argus raised their target price on Xylem from $146.00 to $165.00 and gave the company a “buy” rating in a report on Wednesday, May 29th. TD Cowen raised their target price on Xylem from $135.00 to $138.00 and gave the company a “buy” rating in a report on Thursday, June 6th. Finally, Citigroup increased their price target on Xylem from $126.00 to $139.00 and gave the company a “neutral” rating in a research report on Monday, April 8th. Five equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $142.92.

About Xylem

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.