Collaborative Fund Advisors LLC Invests $2.01 Million in A. O. Smith Corporation $AOS

Collaborative Fund Advisors LLC purchased a new position in shares of A. O. Smith Corporation (NYSE:AOS) in the 1st quarter, HoldingsChannel.com reports. The fund purchased 30,438 shares of the industrial products company’s stock, valued at approximately $2,007,000. A. O. Smith accounts for about 1.2% of Collaborative Fund Advisors LLC’s investment portfolio, making the stock its 25th biggest position.

Several other institutional investors have also added to or reduced their stakes in AOS. Abel Hall LLC bought a new position in A. O. Smith during the 1st quarter worth $251,000. DGS Capital Management LLC bought a new stake in shares of A. O. Smith in the first quarter valued at about $327,000. Berger Financial Group Inc acquired a new position in shares of A. O. Smith in the first quarter valued at about $5,402,000. V Square Quantitative Management LLC grew its stake in shares of A. O. Smith by 5.9% in the first quarter. V Square Quantitative Management LLC now owns 4,353 shares of the industrial products company’s stock valued at $287,000 after acquiring an additional 244 shares in the last quarter. Finally, New York State Teachers Retirement System increased its position in A. O. Smith by 1.0% during the first quarter. New York State Teachers Retirement System now owns 107,762 shares of the industrial products company’s stock worth $7,106,000 after acquiring an additional 1,085 shares during the period. 76.10% of the stock is currently owned by institutional investors.

A. O. Smith Stock Down 0.0%

Shares of AOS opened at $62.69 on Monday. The firm has a 50 day simple moving average of $59.27 and a two-hundred day simple moving average of $66.46. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.56 and a quick ratio of 1.00. A. O. Smith Corporation has a one year low of $54.16 and a one year high of $81.86. The company has a market cap of $8.64 billion, a P/E ratio of 16.67, a P/E/G ratio of 1.39 and a beta of 1.16.

A. O. Smith (NYSE:AOS) last issued its quarterly earnings results on Thursday, April 30th. The industrial products company reported $0.85 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.94 by ($0.09). A. O. Smith had a net margin of 13.84% and a return on equity of 28.42%. The business had revenue of $945.60 million during the quarter, compared to the consensus estimate of $974.06 million. During the same quarter in the previous year, the business posted $0.95 EPS. The company’s revenue for the quarter was down 1.9% on a year-over-year basis. A. O. Smith has set its FY 2026 guidance at 3.600-3.900 EPS. Research analysts forecast that A. O. Smith Corporation will post 3.77 EPS for the current fiscal year.

A. O. Smith Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Thursday, April 30th were paid a dividend of $0.36 per share. The ex-dividend date of this dividend was Thursday, April 30th. This represents a $1.44 annualized dividend and a yield of 2.3%. A. O. Smith’s payout ratio is presently 38.30%.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the stock. Zacks Research cut shares of A. O. Smith from a “hold” rating to a “strong sell” rating in a research note on Wednesday, May 6th. DA Davidson set a $67.00 target price on shares of A. O. Smith and gave the stock a “neutral” rating in a research report on Monday, May 4th. Robert W. Baird set a $70.00 target price on shares of A. O. Smith in a report on Friday, May 1st. The Goldman Sachs Group dropped their price target on shares of A. O. Smith from $69.00 to $61.00 and set a “sell” rating for the company in a research report on Monday, April 13th. Finally, Weiss Ratings cut A. O. Smith from a “hold (c)” rating to a “hold (c-)” rating in a research note on Wednesday, May 27th. Two investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, A. O. Smith currently has a consensus rating of “Reduce” and a consensus price target of $69.33.

A. O. Smith Company Profile

A. O. Smith Corporation, based in Milwaukee, Wisconsin, is a leading manufacturer of water heating and water treatment products for residential and commercial applications. Since its founding in 1874, the company has built a reputation for producing reliable, energy-efficient water heaters, boilers and pressure vessels. Its product portfolio encompasses gas, electric, condensing and tankless water heaters, as well as specialty boilers designed to meet a variety of building and industrial needs.

The company operates through two primary segments: North America and Asia.