Xylem Inc (NYSE:XYL) insider Tomas Brannemo sold 11,716 shares of the stock in a transaction that occurred on Monday, March 5th. The shares were sold at an average price of $73.45, for a total transaction of $860,540.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.
Tomas Brannemo also recently made the following trade(s):
- On Tuesday, February 27th, Tomas Brannemo sold 1,151 shares of Xylem stock. The shares were sold at an average price of $76.41, for a total transaction of $87,947.91.
- On Wednesday, February 21st, Tomas Brannemo sold 290 shares of Xylem stock. The shares were sold at an average price of $75.83, for a total transaction of $21,990.70.
- On Tuesday, December 19th, Tomas Brannemo sold 2,260 shares of Xylem stock. The shares were sold at an average price of $67.75, for a total transaction of $153,115.00.
Shares of Xylem Inc (XYL) traded down $0.87 during trading on Wednesday, reaching $77.11. 832,005 shares of the company’s stock traded hands, compared to its average volume of 1,240,000. Xylem Inc has a 52 week low of $47.73 and a 52 week high of $79.67. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.88 and a quick ratio of 1.41. The stock has a market cap of $13,870.00, a P/E ratio of 37.07, a P/E/G ratio of 1.50 and a beta of 1.12.
Xylem (NYSE:XYL) last issued its quarterly earnings data on Thursday, February 1st. The industrial products company reported $0.76 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.76. Xylem had a net margin of 7.03% and a return on equity of 17.95%. The company had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.27 billion. During the same period last year, the firm posted $0.66 EPS. Xylem’s revenue for the quarter was up 16.6% on a year-over-year basis. sell-side analysts anticipate that Xylem Inc will post 2.92 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 15th. Shareholders of record on Thursday, February 15th will be given a dividend of $0.21 per share. This is an increase from Xylem’s previous quarterly dividend of $0.18. This represents a $0.84 annualized dividend and a yield of 1.09%. The ex-dividend date is Wednesday, February 14th. Xylem’s dividend payout ratio (DPR) is presently 40.38%.
Institutional investors have recently modified their holdings of the business. Greenleaf Trust grew its position in Xylem by 97.4% during the 4th quarter. Greenleaf Trust now owns 1,490 shares of the industrial products company’s stock worth $102,000 after purchasing an additional 735 shares during the last quarter. Invictus RG purchased a new position in Xylem during the 3rd quarter worth $104,000. Hanson & Doremus Investment Management purchased a new position in Xylem during the 4th quarter worth $126,000. FNY Partners Fund LP grew its position in Xylem by 2,700.0% during the 3rd quarter. FNY Partners Fund LP now owns 2,800 shares of the industrial products company’s stock worth $175,000 after purchasing an additional 2,700 shares during the last quarter. Finally, Dorsey & Whitney Trust CO LLC purchased a new position in Xylem during the 3rd quarter worth $205,000. 85.46% of the stock is currently owned by institutional investors.
A number of equities research analysts have commented on XYL shares. Zacks Investment Research raised shares of Xylem from a “hold” rating to a “buy” rating and set a $81.00 price objective on the stock in a research report on Saturday, February 10th. Royal Bank of Canada reaffirmed a “buy” rating and issued a $80.00 target price on shares of Xylem in a research report on Thursday, January 4th. Boenning Scattergood reaffirmed a “buy” rating on shares of Xylem in a research report on Friday, December 15th. BMO Capital Markets reaffirmed a “buy” rating and issued a $83.00 target price on shares of Xylem in a research report on Friday, January 26th. Finally, Seaport Global Securities reaffirmed a “buy” rating and issued a $83.00 target price on shares of Xylem in a research report on Friday, February 2nd. Five equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. Xylem has a consensus rating of “Buy” and an average price target of $72.42.
Xylem Inc is a water technology company. The Company designs, manufactures and services engineered solutions across a range of critical applications. It is an equipment and service provider for water and wastewater applications with a portfolio of products and services addressing the cycle of water, from collection, distribution and use to the return of water to the environment.
Receive News & Ratings for Xylem Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Xylem and related companies with MarketBeat.com's FREE daily email newsletter.