Arbejdsmarkedets Tillaegspension Has $25.53 Million Holdings in A. O. Smith Corporation $AOS

Arbejdsmarkedets Tillaegspension boosted its holdings in A. O. Smith Corporation (NYSE:AOS) by 10.6% in the 1st quarter, Holdings Channel.com reports. The firm owned 387,114 shares of the industrial products company’s stock after acquiring an additional 36,987 shares during the period. Arbejdsmarkedets Tillaegspension’s holdings in A. O. Smith were worth $25,526,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the business. Vanguard Group Inc. grew its position in shares of A. O. Smith by 4.7% during the 4th quarter. Vanguard Group Inc. now owns 15,096,018 shares of the industrial products company’s stock worth $1,009,622,000 after purchasing an additional 683,176 shares in the last quarter. State Street Corp boosted its stake in shares of A. O. Smith by 8.4% in the fourth quarter. State Street Corp now owns 5,911,495 shares of the industrial products company’s stock valued at $395,361,000 after buying an additional 458,257 shares during the period. Invesco Ltd. grew its holdings in shares of A. O. Smith by 0.8% during the 4th quarter. Invesco Ltd. now owns 4,559,612 shares of the industrial products company’s stock worth $304,947,000 after purchasing an additional 37,621 shares in the last quarter. Morgan Stanley grew its stake in A. O. Smith by 3.6% during the fourth quarter. Morgan Stanley now owns 2,909,395 shares of the industrial products company’s stock worth $194,581,000 after buying an additional 101,453 shares in the last quarter. Finally, ProShare Advisors LLC grew its stake in A. O. Smith by 2.6% during the fourth quarter. ProShare Advisors LLC now owns 2,344,631 shares of the industrial products company’s stock worth $156,809,000 after buying an additional 60,260 shares in the last quarter. Institutional investors own 76.10% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on AOS. Stifel Nicolaus set a $75.00 target price on shares of A. O. Smith in a research report on Friday, May 1st. Citigroup reduced their price target on shares of A. O. Smith from $74.00 to $65.00 and set a “neutral” rating on the stock in a research report on Monday, May 4th. Zacks Research downgraded shares of A. O. Smith from a “hold” rating to a “strong sell” rating in a research report on Wednesday, May 6th. Oppenheimer set a $75.00 target price on A. O. Smith and gave the stock an “outperform” rating in a research note on Wednesday, June 10th. Finally, Robert W. Baird set a $70.00 target price on A. O. Smith in a report on Friday, May 1st. Two research analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and an average price target of $69.33.

A. O. Smith Stock Up 0.1%

AOS stock opened at $60.52 on Monday. The firm has a 50-day moving average price of $58.89 and a 200-day moving average price of $66.19. A. O. Smith Corporation has a 12 month low of $54.16 and a 12 month high of $81.86. The company has a current ratio of 1.56, a quick ratio of 1.00 and a debt-to-equity ratio of 0.31. The stock has a market capitalization of $8.34 billion, a P/E ratio of 16.09, a price-to-earnings-growth ratio of 1.34 and a beta of 1.16.

A. O. Smith (NYSE:AOS) last announced 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). The company had revenue of $945.60 million for the quarter, compared to the consensus estimate of $974.06 million. A. O. Smith had a net margin of 13.84% and a return on equity of 28.42%. The company’s revenue for the quarter was down 1.9% compared to the same quarter last year. During the same period last year, the firm posted $0.95 earnings per share. A. O. Smith has set its FY 2026 guidance at 3.600-3.900 EPS. As a group, equities research analysts anticipate that A. O. Smith Corporation will post 3.77 EPS for the current fiscal year.

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.