S.E.E.D. Planning Group LLC Has $1.27 Million Stock Holdings in Xylem Inc. (NYSE:XYL)

S.E.E.D. Planning Group LLC trimmed its position in Xylem Inc. (NYSE:XYL) by 1.5% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 9,807 shares of the industrial products company’s stock after selling 152 shares during the quarter. S.E.E.D. Planning Group LLC’s holdings in Xylem were worth $1,267,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Bruce G. Allen Investments LLC bought a new position in Xylem in the 4th quarter valued at about $27,000. Orion Capital Management LLC acquired a new stake in shares of Xylem during the 3rd quarter worth approximately $48,000. Spire Wealth Management boosted its position in Xylem by 370.9% in the fourth quarter. Spire Wealth Management now owns 485 shares of the industrial products company’s stock valued at $54,000 after buying an additional 382 shares in the last quarter. Advantage Trust Co acquired a new stake in Xylem in the fourth quarter valued at approximately $57,000. Finally, Cary Street Partners Investment Advisory LLC raised its stake in shares of Xylem by 117.0% during the third quarter. Cary Street Partners Investment Advisory LLC now owns 716 shares of the industrial products company’s stock valued at $65,000 after acquiring an additional 386 shares during the last quarter. 87.96% of the stock is owned by institutional investors.

Insider Activity at Xylem

In other news, SVP Rodney Aulick sold 21,800 shares of Xylem stock in a transaction that occurred on Wednesday, June 5th. The stock was sold at an average price of $139.01, for a total value of $3,030,418.00. Following the completion of the transaction, the senior vice president now owns 76,287 shares in the company, valued at approximately $10,604,655.87. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other news, CAO Geri-Michelle Mcshane sold 2,278 shares of the business’s stock in a transaction on Monday, June 10th. The stock was sold at an average price of $138.63, for a total value of $315,799.14. Following 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 document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Rodney Aulick sold 21,800 shares of Xylem stock in a transaction on 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 transaction, the senior vice president now owns 76,287 shares in the company, valued at approximately $10,604,655.87. The disclosure for this sale can be found here. Company insiders own 0.27% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the stock. Argus lifted their price target on shares of Xylem from $146.00 to $165.00 and gave the company a “buy” rating in a research note on Wednesday, May 29th. Oppenheimer upped their target price on shares of Xylem from $147.00 to $152.00 and gave the stock an “outperform” rating in a report on Friday, May 31st. Mizuho boosted their price target on shares of Xylem from $110.00 to $135.00 and gave the stock a “neutral” rating in a research note on Friday, May 3rd. Royal Bank of Canada upped their price objective on shares of Xylem from $157.00 to $162.00 and gave the company an “outperform” rating in a research note on Friday, May 3rd. Finally, BNP Paribas assumed coverage on shares of Xylem in a research report on Tuesday, March 12th. They set an “outperform” rating and a $150.00 price target for the company. Five research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. According to MarketBeat, Xylem currently has an average rating of “Moderate Buy” and an average price target of $142.92.

Xylem Stock Down 0.6 %

Shares of Xylem stock traded down $0.76 on Friday, reaching $135.63. 2,197,606 shares of the company were exchanged, compared to its average volume of 1,161,525. Xylem Inc. has a 1-year low of $87.59 and a 1-year high of $146.08. The company has a market cap of $32.88 billion, a P/E ratio of 48.27, a price-to-earnings-growth ratio of 2.41 and a beta of 1.07. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.67 and a quick ratio of 1.22. The stock’s 50 day moving average price is $138.73 and its 200-day moving average price is $126.88.

Xylem (NYSE:XYL) last released its quarterly earnings data on Thursday, May 2nd. The industrial products company reported $0.90 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.84 by $0.06. The firm 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%. Xylem’s revenue was up 40.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.72 earnings per share. As a group, equities analysts forecast that Xylem Inc. will post 4.25 EPS for the current year.

Xylem Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 27th. Investors of record on Thursday, May 30th were given a dividend of $0.36 per share. The ex-dividend date of this dividend was Thursday, May 30th. This represents a $1.44 annualized dividend and a yield of 1.06%. Xylem’s dividend payout ratio (DPR) is presently 51.25%.

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.