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A.O. Smith Corp. (NYSE:AOS) Director William P. Greubel sold 8,509 shares of A.O. Smith Corp. stock on the open market in a transaction dated Friday, January 31st. The stock was sold at an average price of $47.25, for a total value of $402,050.25. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

Separately, analysts at Janney Montgomery Scott reiterated a “fair value” rating on shares of A.O. Smith Corp. in a research note to investors on Friday, January 24th. They now have a $58.00 price target on the stock, up previously from $55.00. Four equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $50.14.

A.O. Smith Corp. (NYSE:AOS) traded down 1.23% on Friday, hitting $47.22. 785,224 shares of the company’s stock traded hands. A.O. Smith Corp. has a 52 week low of $33.345 and a 52 week high of $55.18. The stock has a 50-day moving average of $52.30 and a 200-day moving average of $47.81. The company has a market cap of $4.308 billion and a P/E ratio of 26.66.

A.O. Smith Corp. (NYSE:AOS) last posted its quarterly earnings results on Tuesday, January 28th. The company reported $0.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.51 by $0.01. The company had revenue of $558.90 million for the quarter, compared to the consensus estimate of $564.85 million. During the same quarter in the previous year, the company posted $0.93 earnings per share. The company’s revenue for the quarter was up 6.6% on a year-over-year basis. Analysts expect that A.O. Smith Corp. will post $2.29 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Tuesday, February 18th. Shareholders of record on Friday, February 7th will be paid a dividend of 0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 1.27%. The ex-dividend date is Wednesday, February 5th. This is a positive change from A.O. Smith Corp.’s previous quarterly dividend of $0.12.

A. O. Smith Corporation is a manufacturer of water heating equipment, serving a diverse mix of residential and commercial end markets principally in the United States.

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