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Xylem Inc. reported strong earnings and increased its dividend, leading to more institutional buy-ins.
Quintet Private Bank and several other institutions increased their holdings in Xylem Inc., an industrial products company, in the fourth quarter.
Xylem reported strong earnings of $1.18 per share, exceeding expectations, and boosted its quarterly dividend to $0.40.
The company has a market cap of $31.80 billion, with institutional investors owning 87.96% of its stock.
Analysts have given mixed ratings, but the consensus is a "Moderate Buy" with a price target of $149.90.
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Xylem Inc. reportó fuertes ganancias y aumentó su dividendo, lo que condujo a más buy-ins institucionales.