Brindle & Bay Financial Advisors LLC Acquires New Position in A. O. Smith Corporation $AOS

Brindle & Bay Financial Advisors LLC acquired a new stake in A. O. Smith Corporation (NYSE:AOS) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 11,396 shares of the industrial products company’s stock, valued at approximately $751,000.

A number of other institutional investors have also bought and sold shares of AOS. Creative Financial Designs Inc. ADV grew its position in shares of A. O. Smith by 3,481.8% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 394 shares of the industrial products company’s stock valued at $26,000 after purchasing an additional 383 shares in the last quarter. Torren Management LLC purchased a new position in A. O. Smith during the fourth quarter worth approximately $31,000. Eagle Bay Advisors LLC acquired a new position in A. O. Smith during the fourth quarter worth $32,000. Los Angeles Capital Management LLC purchased a new stake in A. O. Smith in the 4th quarter valued at $35,000. Finally, Larson Financial Group LLC increased its stake in shares of A. O. Smith by 67.9% in the 3rd quarter. Larson Financial Group LLC now owns 487 shares of the industrial products company’s stock worth $36,000 after acquiring an additional 197 shares during the last quarter. 76.10% of the stock is owned by hedge funds and other institutional investors.

A. O. Smith Stock Up 0.1%

Shares of NYSE:AOS opened at $60.52 on Monday. The business has a 50-day moving average price of $58.89 and a 200 day moving average price of $66.19. 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 company has a market capitalization of $8.34 billion, a price-to-earnings ratio of 16.09, a PEG ratio of 1.34 and a beta of 1.16. 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 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 during the quarter, compared to analysts’ expectations 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% on a year-over-year basis. During the same quarter 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. Sell-side analysts expect that A. O. Smith Corporation will post 3.77 EPS for the current year.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on AOS. The Goldman Sachs Group lowered their price target on shares of A. O. Smith from $69.00 to $61.00 and set a “sell” rating on the stock in a research report on Monday, April 13th. Stifel Nicolaus set a $75.00 target price on shares of A. O. Smith in a research note on Friday, May 1st. Robert W. Baird set a $70.00 target price on shares of A. O. Smith in a report on Friday, May 1st. JPMorgan Chase & Co. reissued an “underweight” rating and issued a $60.00 price target (down from $65.00) on shares of A. O. Smith in a research note on Friday, May 15th. Finally, Citigroup cut their price target on shares of A. O. Smith from $74.00 to $65.00 and set a “neutral” rating for the company in a report on Monday, May 4th. Two 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 stock. Based on data from MarketBeat, the stock has a consensus rating of “Reduce” and a consensus target price 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.