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

A. O. Smith Corporation (NYSE:AOS) has been assigned a consensus rating of “Reduce” from the eleven brokerages that are presently covering the firm, MarketBeat reports. Three research analysts have rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $69.3333.

A number of analysts recently weighed in on the stock. The Goldman Sachs Group decreased their target price on shares of A. O. Smith from $69.00 to $61.00 and set a “sell” rating on the stock in a report on Monday, April 13th. DA Davidson set a $67.00 price target on shares of A. O. Smith and gave the stock a “neutral” rating in a report on Monday, May 4th. Robert W. Baird set a $70.00 price target on shares of A. O. Smith in a report on Friday, May 1st. 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. Finally, Citigroup decreased their price target on shares of A. O. Smith from $74.00 to $65.00 and set a “neutral” rating on the stock in a report on Monday, May 4th.

A. O. Smith Stock Performance

A. O. Smith stock opened at $58.67 on Thursday. The firm’s 50 day simple moving average is $59.96 and its 200 day simple moving average is $66.86. 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 firm has a market capitalization of $8.09 billion, a PE ratio of 15.60, a price-to-earnings-growth ratio of 1.29 and a beta of 1.18. A. O. Smith has a 1-year low of $54.16 and a 1-year high of $81.86.

A. O. Smith (NYSE:AOS) last posted 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). The firm had revenue of $945.60 million for the quarter, compared to the consensus estimate of $974.06 million. A. O. Smith had a return on equity of 28.42% and a net margin of 13.84%.The business’s revenue was down 1.9% on a year-over-year basis. During the same period last year, the company posted $0.95 EPS. A. O. Smith has set its FY 2026 guidance at 3.600-3.900 EPS. As a group, analysts expect that A. O. Smith will post 3.77 earnings per share for the current fiscal year.

A. O. Smith Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Thursday, April 30th were issued 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 dividend yield of 2.5%. A. O. Smith’s dividend payout ratio is presently 38.30%.

Hedge Funds Weigh In On A. O. Smith

A number of institutional investors have recently made changes to their positions in the stock. Glenmede Trust Co. NA increased its holdings in shares of A. O. Smith by 6.1% in the 1st quarter. Glenmede Trust Co. NA now owns 4,528 shares of the industrial products company’s stock worth $299,000 after buying an additional 261 shares during the last quarter. Summitry LLC bought a new position in shares of A. O. Smith in the 1st quarter worth $225,000. Edgestream Partners L.P. increased its holdings in shares of A. O. Smith by 473.5% in the 1st quarter. Edgestream Partners L.P. now owns 71,236 shares of the industrial products company’s stock worth $4,697,000 after buying an additional 58,814 shares during the last quarter. Parvin Asset Management LLC increased its holdings in shares of A. O. Smith by 3.0% in the 1st quarter. Parvin Asset Management LLC now owns 14,920 shares of the industrial products company’s stock worth $984,000 after buying an additional 430 shares during the last quarter. Finally, Empire Financial Management Company LLC increased its holdings in shares of A. O. Smith by 6.0% in the 1st quarter. Empire Financial Management Company LLC now owns 23,690 shares of the industrial products company’s stock worth $1,562,000 after buying an additional 1,342 shares during the last quarter. Institutional investors 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.