A. O. Smith Corporation (NYSE:AOS) Receives Consensus Recommendation of “Hold” from Analysts

by · The Cerbat Gem

Shares of A. O. Smith Corporation (NYSE:AOS – Get Free Report) have earned an average recommendation of “Hold” from the eight research firms that are covering the firm, Marketbeat.com reports. Six investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 12 month price objective among analysts that have covered the stock in the last year is $76.7143.

Several equities research analysts recently weighed in on the company. Weiss Ratings reissued a “hold (c+)” rating on shares of A. O. Smith in a report on Wednesday, October 8th. Citigroup cut their price target on A. O. Smith from $77.00 to $72.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 29th. Stifel Nicolaus set a $80.00 price target on A. O. Smith and gave the stock a “buy” rating in a report on Wednesday, October 29th. DA Davidson reiterated a “neutral” rating and issued a $75.00 price objective on shares of A. O. Smith in a report on Thursday, November 13th. Finally, Wall Street Zen upgraded shares of A. O. Smith from a “hold” rating to a “buy” rating in a research report on Saturday, October 18th.

Check Out Our Latest Report on A. O. Smith

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of AOS. Vermillion & White Wealth Management Group LLC bought a new position in shares of A. O. Smith during the first quarter worth about $26,000. Rothschild Investment LLC increased its position in A. O. Smith by 3,125.0% during the 3rd quarter. Rothschild Investment LLC now owns 387 shares of the industrial products company’s stock valued at $28,000 after purchasing an additional 375 shares during the period. TD Private Client Wealth LLC raised its holdings in A. O. Smith by 143.7% during the 2nd quarter. TD Private Client Wealth LLC now owns 446 shares of the industrial products company’s stock worth $29,000 after purchasing an additional 263 shares during the last quarter. True Wealth Design LLC lifted its position in shares of A. O. Smith by 44,400.0% in the 2nd quarter. True Wealth Design LLC now owns 445 shares of the industrial products company’s stock worth $29,000 after purchasing an additional 444 shares during the period. Finally, National Pension Service lifted its position in shares of A. O. Smith by 74.8% in the 1st quarter. National Pension Service now owns 458 shares of the industrial products company’s stock worth $30,000 after purchasing an additional 196 shares during the period. 76.10% of the stock is owned by institutional investors and hedge funds.

A. O. Smith Price Performance

AOS stock opened at $67.16 on Friday. The company has a 50 day simple moving average of $67.76 and a 200 day simple moving average of $68.72. The stock has a market cap of $9.35 billion, a price-to-earnings ratio of 18.10, a P/E/G ratio of 1.48 and a beta of 1.34. A. O. Smith has a 1 year low of $58.83 and a 1 year high of $77.31. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.54 and a quick ratio of 0.95.

A. O. Smith (NYSE:AOS – Get Free Report) last issued its earnings results on Tuesday, October 28th. The industrial products company reported $0.94 earnings per share for the quarter, beating analysts’ consensus estimates of $0.89 by $0.05. The firm had revenue of $942.50 million for the quarter, compared to analyst estimates of $946.33 million. A. O. Smith had a net margin of 13.85% and a return on equity of 29.34%. The company’s quarterly revenue was up 4.4% on a year-over-year basis. During the same quarter last year, the business posted $0.82 earnings per share. A. O. Smith has set its FY 2025 guidance at 3.700-3.850 EPS. Research analysts anticipate that A. O. Smith will post 3.76 EPS for the current fiscal year.

A. O. Smith Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, November 17th. Investors of record on Friday, October 31st were paid a $0.36 dividend. This is a positive change from A. O. Smith’s previous quarterly dividend of $0.34. This represents a $1.44 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend was Friday, October 31st. A. O. Smith’s payout ratio is presently 38.81%.

A. O. Smith Company Profile

(Get Free Report)

A. O. Smith Corporation manufactures and markets residential and commercial gas and electric water heaters, boilers, heat pumps, tanks, and water treatment products in North America, China, Europe, and India. The company offers water heaters for residences, restaurants, hotels, office buildings, laundries, car washes, and small businesses; boilers for hospitals, schools, hotels, and other large commercial buildings, as well as homes, apartments, and condominiums; and water treatment products comprising point-of-entry water softeners, well water solutions, and whole-home water filtration products, and point-of-use carbon and reverse osmosis products for residences, restaurants, hotels, and offices.

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