Rothschild Investment LLC Makes New $94,000 Investment in Xylem Inc. (NYSE:XYL)

Rothschild Investment LLC bought a new position in Xylem Inc. (NYSE:XYL) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 691 shares of the industrial products company’s stock, valued at approximately $94,000.

Several other large investors also recently made changes to their positions in XYL. EverSource Wealth Advisors LLC increased its position in shares of Xylem by 68.8% during the first quarter. EverSource Wealth Advisors LLC now owns 189 shares of the industrial products company’s stock worth $25,000 after acquiring an additional 77 shares in the last quarter. Blue Trust Inc. increased its position in shares of Xylem by 1,185.7% during the second quarter. Blue Trust Inc. now owns 270 shares of the industrial products company’s stock worth $35,000 after acquiring an additional 249 shares in the last quarter. FinTrust Capital Advisors LLC increased its position in shares of Xylem by 170.9% during the first quarter. FinTrust Capital Advisors LLC now owns 317 shares of the industrial products company’s stock worth $41,000 after acquiring an additional 200 shares in the last quarter. Hazlett Burt & Watson Inc. increased its position in shares of Xylem by 184.9% during the first quarter. Hazlett Burt & Watson Inc. now owns 339 shares of the industrial products company’s stock worth $43,000 after acquiring an additional 220 shares in the last quarter. Finally, UMB Bank n.a. increased its position in shares of Xylem by 96.9% during the second quarter. UMB Bank n.a. now owns 382 shares of the industrial products company’s stock worth $52,000 after acquiring an additional 188 shares in the last quarter. Institutional investors own 87.96% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on XYL shares. Argus increased their price objective on shares of Xylem from $146.00 to $165.00 and gave the stock a “buy” rating in a research report on Wednesday, May 29th. Oppenheimer raised their target price on shares of Xylem from $147.00 to $152.00 and gave the company an “outperform” rating in a research report on Friday, May 31st. TD Cowen reaffirmed a “hold” rating and issued a $138.00 target price on shares of Xylem in a research report on Tuesday. Stifel Nicolaus raised their target price on shares of Xylem from $170.00 to $172.00 and gave the company a “buy” rating in a research report on Wednesday, July 31st. Finally, Robert W. Baird raised their target price on shares of Xylem from $155.00 to $170.00 and gave the company an “outperform” rating in a research report on Wednesday, July 31st. Five analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $147.54.

Xylem Stock Performance

Shares of XYL opened at $129.09 on Thursday. The firm has a 50-day moving average of $134.48 and a 200-day moving average of $133.72. Xylem Inc. has a one year low of $87.59 and a one year high of $146.08. The company has a market cap of $31.30 billion, a PE ratio of 45.94, a price-to-earnings-growth ratio of 2.42 and a beta of 1.04. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.85 and a quick ratio of 1.33.

Xylem (NYSE:XYL) last announced its quarterly earnings data on Tuesday, July 30th. The industrial products company reported $1.09 EPS for the quarter, beating analysts’ consensus estimates of $1.05 by $0.04. The company had revenue of $2.17 billion during the quarter, compared to the consensus estimate of $2.14 billion. Xylem had a net margin of 9.11% and a return on equity of 9.48%. The company’s quarterly revenue was up 26.0% on a year-over-year basis. During the same quarter last year, the firm posted $0.98 EPS. As a group, equities analysts forecast that Xylem Inc. will post 4.25 earnings per share for the current year.

Xylem Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 26th. Investors of record on Thursday, August 29th will be issued a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a dividend yield of 1.12%. The ex-dividend date is Thursday, August 29th. Xylem’s payout ratio is 51.25%.

Insider Buying and Selling

In related news, CAO Geri-Michelle Mcshane sold 2,278 shares of Xylem stock in a transaction dated Monday, June 10th. The shares were sold at an average price of $138.63, for a total transaction 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 0.27% of the stock is currently owned by insiders.

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.