Corient Private Wealth LLC Has $3.26 Million Stake in A. O. Smith Corporation $AOS

Corient Private Wealth LLC boosted its position in shares of A. O. Smith Corporation (NYSE:AOS) by 44.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 48,754 shares of the industrial products company’s stock after acquiring an additional 14,942 shares during the period. Corient Private Wealth LLC’s holdings in A. O. Smith were worth $3,261,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Prospera Financial Services Inc lifted its position in shares of A. O. Smith by 4.0% during the 4th quarter. Prospera Financial Services Inc now owns 3,261 shares of the industrial products company’s stock worth $218,000 after purchasing an additional 126 shares during the last quarter. Grey Ledge Advisors LLC grew its holdings in A. O. Smith by 1.4% in the 4th quarter. Grey Ledge Advisors LLC now owns 8,966 shares of the industrial products company’s stock valued at $600,000 after buying an additional 128 shares during the last quarter. Eukles Asset Management grew its holdings in A. O. Smith by 0.5% in the 4th quarter. Eukles Asset Management now owns 29,240 shares of the industrial products company’s stock valued at $1,956,000 after buying an additional 151 shares during the last quarter. Larson Financial Group LLC increased its position in A. O. Smith by 31.8% in the 4th quarter. Larson Financial Group LLC now owns 642 shares of the industrial products company’s stock worth $43,000 after buying an additional 155 shares during the period. Finally, Founders Financial Alliance LLC increased its position in A. O. Smith by 2.8% in the 4th quarter. Founders Financial Alliance LLC now owns 5,607 shares of the industrial products company’s stock worth $375,000 after buying an additional 155 shares during the period. 76.10% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on AOS. Stifel Nicolaus set a $75.00 price target on A. O. Smith in a report on Friday, May 1st. Robert W. Baird set a $70.00 price objective on shares of A. O. Smith in a research note on Friday, May 1st. JPMorgan Chase & Co. reaffirmed an “underweight” rating and set a $60.00 target price (down from $65.00) on shares of A. O. Smith in a research report on Friday, May 15th. Weiss Ratings cut shares of A. O. Smith from a “hold (c)” rating to a “hold (c-)” rating in a research note on Wednesday, May 27th. Finally, DA Davidson set a $67.00 price target on shares of A. O. Smith and gave the stock a “neutral” rating in a research report on Monday, May 4th. Two equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Reduce” and a consensus price target of $69.33.

A. O. Smith Stock Performance

AOS opened at $61.86 on Friday. The stock’s 50 day simple moving average is $59.50 and its 200-day simple moving average is $66.66. 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 cap of $8.53 billion, a PE ratio of 16.45, a P/E/G ratio of 1.36 and a beta of 1.18. A. O. Smith Corporation has a 1 year low of $54.16 and a 1 year high of $81.86.

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

A. O. Smith Dividend Announcement

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

About A. O. Smith

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.