Angel Oak Mortgage REIT (AOMD) in $15M share repurchase with Xylem and governance shift
Angel Oak Mortgage REIT (AOMD) completed a $15 million share repurchase from Xylem Finance LLC, acquiring 1,794,353 common shares at $8.3596 per share. This transaction reduced Xylem's beneficial ownership to 8.04% of outstanding stock and resulted in the resignation of director Vikram Shankar from the board. As part of the agreement, Xylem also waived certain governance rights, including its ability to designate a board nominee and demand/shelf registration rights, retaining only piggyback registration rights.
MAY 21·MarketBeat▲
Xylem Inc. $XYL Shares Sold by Rathbones Group PLC
Rathbones Group PLC reduced its holdings in Xylem Inc. by 2.9% in the fourth quarter, selling 10,808 shares and retaining 359,157 shares valued at approximately $48.9 million. Xylem reported strong quarterly earnings, surpassing expectations with $1.12 EPS on $2.13 billion in revenue, and provided optimistic FY 2026 EPS guidance. The company is actively returning value to shareholders through a quarterly dividend of $0.43 per share and a new $1.5 billion share repurchase program.
MAY 21·MarketBeat▲
Callahan Advisors LLC Acquires Shares of 12,641 Xylem Inc. $XYL
Callahan Advisors LLC has initiated a new position in Xylem Inc. (NYSE:XYL), purchasing 12,641 shares valued at approximately $1.72 million in the fourth quarter. This move comes as Xylem reported strong Q1 earnings, beating analyst expectations with $1.12 per share on $2.13 billion in revenue, and subsequently raised its full-year 2026 EPS guidance. The company also announced a $1.5 billion share buyback program and a quarterly dividend of $0.43 per share, reinforcing a "Moderate Buy" consensus rating from analysts with an average price target of $152.77.
