A. O. Smith Corporation (NYSE:AOS) Given Average Recommendation of “Reduce” by Brokerages

A. O. Smith Corporation (NYSE:AOS) has been assigned an average recommendation of “Reduce” from the eleven brokerages that are covering the firm, MarketBeat Ratings reports. Three research analysts have rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating on the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $69.3333.

Several equities analysts have recently issued reports on AOS shares. 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. The Goldman Sachs Group reduced their target price on A. O. Smith from $69.00 to $61.00 and set a “sell” rating on the stock in a report on Monday, April 13th. Oppenheimer set a $75.00 price target on A. O. Smith and gave the stock an “outperform” rating in a report on Wednesday, June 10th. Stifel Nicolaus set a $75.00 target price on A. O. Smith in a research note on Friday, May 1st. Finally, DA Davidson set a $67.00 target price on shares of A. O. Smith and gave the stock a “neutral” rating in a report on Monday, May 4th.

A. O. Smith Trading Up 0.1%

Shares of AOS opened at $60.52 on Monday. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.00 and a current ratio of 1.56. The company has a market cap of $8.34 billion, a price-to-earnings ratio of 16.09, a PEG ratio of 1.34 and a beta of 1.16. The stock has a fifty day moving average price of $58.89 and a two-hundred day moving average price of $66.19. A. O. Smith has a 52-week low of $54.16 and a 52-week high of $81.86.

A. O. Smith (NYSE:AOS) last released its 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). A. O. Smith had a return on equity of 28.42% and a net margin of 13.84%.The firm had revenue of $945.60 million for the quarter, compared to the consensus estimate of $974.06 million. During the same quarter in the previous year, the firm earned $0.95 EPS. The company’s revenue was down 1.9% compared to the same quarter last year. A. O. Smith has set its FY 2026 guidance at 3.600-3.900 EPS. Analysts predict that A. O. Smith will post 3.77 EPS for the current fiscal year.

Institutional Trading of A. O. Smith

A number of large investors have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its stake in A. O. Smith by 26.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 665,793 shares of the industrial products company’s stock valued at $48,876,000 after buying an additional 139,117 shares during the last quarter. Earnest Partners LLC lifted its position in A. O. Smith by 1.8% during the third quarter. Earnest Partners LLC now owns 2,082,982 shares of the industrial products company’s stock worth $152,912,000 after acquiring an additional 36,122 shares during the last quarter. ProShare Advisors LLC boosted its holdings in shares of 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 acquiring an additional 60,260 shares during the period. Oak Thistle LLC grew its position in shares of A. O. Smith by 230.1% in the fourth quarter. Oak Thistle LLC now owns 36,077 shares of the industrial products company’s stock valued at $2,413,000 after purchasing an additional 25,147 shares during the last quarter. Finally, SG Americas Securities LLC increased its stake in shares of A. O. Smith by 3,725.2% during the fourth quarter. SG Americas Securities LLC now owns 259,466 shares of the industrial products company’s stock worth $17,353,000 after purchasing an additional 252,683 shares during the period. Institutional investors and hedge funds own 76.10% of the company’s stock.

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.