15,942 Shares in A. O. Smith Corporation $AOS Purchased by OP Asset Management Ltd

OP Asset Management Ltd purchased a new position in A. O. Smith Corporation (NYSE:AOS) during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 15,942 shares of the industrial products company’s stock, valued at approximately $1,051,000.

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

A. O. Smith Stock Performance

Shares of AOS stock opened at $61.64 on Tuesday. The company has a market capitalization of $8.50 billion, a P/E ratio of 16.39, a P/E/G ratio of 1.36 and a beta of 1.18. The business’s 50 day moving average is $59.47 and its two-hundred day moving average is $66.63. The company has a current ratio of 1.56, a quick ratio of 1.00 and a debt-to-equity ratio of 0.31. A. O. Smith Corporation has a 12-month low of $54.16 and a 12-month high of $81.86.

A. O. Smith (NYSE:AOS) last issued its quarterly earnings data on Thursday, April 30th. The industrial products company reported $0.85 EPS for the quarter, missing the consensus estimate of $0.94 by ($0.09). The business had revenue of $945.60 million during 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 revenue for the quarter was down 1.9% on a year-over-year basis. During the same period in the previous year, the business posted $0.95 earnings per share. A. O. Smith has set its FY 2026 guidance at 3.600-3.900 EPS. Analysts expect that A. O. Smith Corporation will post 3.77 EPS for the current fiscal year.

A. O. Smith Dividend Announcement

The business also recently declared 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 dividend payout ratio (DPR) is currently 38.30%.

Analysts Set New Price Targets

Several analysts recently commented on AOS shares. Stifel Nicolaus set a $75.00 target price on A. O. Smith in a report on Friday, May 1st. DA Davidson set a $67.00 price objective on shares of A. O. Smith and gave the stock a “neutral” rating in a research note on Monday, May 4th. Weiss Ratings lowered shares of A. O. Smith from a “hold (c)” rating to a “hold (c-)” rating in a report on Wednesday, May 27th. 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. Finally, JPMorgan Chase & Co. reissued an “underweight” rating and set a $60.00 price target (down from $65.00) on shares of A. O. Smith in a report on Friday, May 15th. Two analysts have rated the stock with a Buy rating, six have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Reduce” and a consensus price target of $69.33.

A. O. Smith 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.