Assenagon Asset Management S.A. Has $37.65 Million Stake in Xylem Inc. $XYL

NodeGuardian · 2026-03-29T23:24:06+00:00

Assenagon Asset Management S.A. cut its Xylem Inc. stake by 33.2% in Q4, owning 276,496 shares worth $37.65 million. Xylem announced a $1.50 billion buyback, raised its dividend to $0.43, and reported $1.42 EPS with 6.3% revenue growth.

NodeGuardian

2026-03-29 23:24:06

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Assenagon Asset Management S.A. reduced its stake in Xylem Inc. by 33.2% in the fourth quarter, selling 137,623 shares and retaining 276,496 shares valued at $37.65 million. Xylem authorized a $1.50 billion share buyback and increased its quarterly dividend to $0.43 per share. The company reported $1.42 EPS, revenue growth of 6.3% year-over-year, and has a “Moderate Buy” consensus analyst rating with a target price of approximately $158.08.

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