Dimensional Fund Advisors LP Has $129.20 Million Stock Position in A. O. Smith Corporation $AOS

Dimensional Fund Advisors LP lifted its position in A. O. Smith Corporation (NYSE:AOS) by 3.4% during the 1st quarter, HoldingsChannel.com reports. The fund owned 1,959,696 shares of the industrial products company’s stock after buying an additional 64,873 shares during the quarter. Dimensional Fund Advisors LP’s holdings in A. O. Smith were worth $129,202,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the company. Parallel Advisors LLC lifted its position in shares of A. O. Smith by 24.4% in the 1st quarter. Parallel Advisors LLC now owns 2,172 shares of the industrial products company’s stock valued at $143,000 after acquiring an additional 426 shares in the last quarter. Regents Gate Capital LLP grew its position in A. O. Smith by 33.6% during the 1st quarter. Regents Gate Capital LLP now owns 263,951 shares of the industrial products company’s stock worth $17,405,000 after purchasing an additional 66,387 shares in the last quarter. California Public Employees Retirement System grew its position in A. O. Smith by 5.8% during the 1st quarter. California Public Employees Retirement System now owns 236,011 shares of the industrial products company’s stock worth $15,563,000 after purchasing an additional 12,888 shares in the last quarter. John G Ullman & Associates Inc. raised its stake in A. O. Smith by 14.4% during the 1st quarter. John G Ullman & Associates Inc. now owns 11,100 shares of the industrial products company’s stock valued at $732,000 after purchasing an additional 1,400 shares during the period. Finally, Kera Capital Partners Inc. raised its stake in A. O. Smith by 20.0% during the 1st quarter. Kera Capital Partners Inc. now owns 5,477 shares of the industrial products company’s stock valued at $361,000 after purchasing an additional 911 shares during the period. Institutional investors and hedge funds own 76.10% of the company’s stock.

A. O. Smith Stock Performance

Shares of NYSE AOS opened at $62.51 on Tuesday. 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 business’s 50-day moving average price is $59.19 and its two-hundred day moving average price is $65.59. The company has a market capitalization of $8.62 billion, a P/E ratio of 16.63, a price-to-earnings-growth ratio of 1.35 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 firm had revenue of $945.60 million for the quarter, compared to analyst estimates of $974.06 million. A. O. Smith had a net margin of 13.84% and a return on equity of 28.42%. The firm’s quarterly revenue was down 1.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.95 earnings per share. A. O. Smith has set its FY 2026 guidance at 3.600-3.900 EPS. Analysts anticipate that A. O. Smith Corporation will post 3.74 earnings per share for the current fiscal year.

A. O. Smith Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, August 17th. Investors of record on Friday, July 31st will be given a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend is Friday, July 31st. A. O. Smith’s dividend payout ratio (DPR) is presently 38.30%.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. Citigroup reduced their target price on A. O. Smith from $74.00 to $65.00 and set a “neutral” rating for the company in a report on Monday, May 4th. Robert W. Baird set a $70.00 price target on A. O. Smith in a report on Friday, May 1st. Zacks Research lowered 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 price objective on A. O. Smith and gave the stock an “outperform” rating in a research note on Wednesday, June 10th. Finally, The Goldman Sachs Group decreased their price objective on 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. Two analysts have rated the stock with a Buy rating, four have issued a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Reduce” and an average target price of $68.62.

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.