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Investors boosted stakes in Xylem Inc. after it beat earnings forecasts and hiked its dividend.
Mattern Capital Management and other investors increased their stakes in Xylem Inc., an industrial products company, following its strong fourth-quarter performance.
Xylem reported earnings of $1.18 per share, exceeding expectations, and raised its quarterly dividend by 10.8% to $0.40 per share.
Analysts have given Xylem an average "Moderate Buy" rating with a target price of $149.90.
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Los inversores impulsaron las acciones en Xylem Inc. después de superar las previsiones de ganancias y aumentar su dividendo.