Boston Trust Walden Corp Lowers Position in A. O. Smith Corporation $AOS

Boston Trust Walden Corp lessened its holdings in shares of A. O. Smith Corporation (NYSE:AOS) by 2.4% during the 1st quarter, Holdings Channel reports. The firm owned 1,050,930 shares of the industrial products company’s stock after selling 25,854 shares during the period. Boston Trust Walden Corp’s holdings in A. O. Smith were worth $69,298,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Prospera Financial Services Inc raised its position 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 valued at $218,000 after buying an additional 126 shares during the last quarter. Grey Ledge Advisors LLC boosted its position in A. O. Smith by 1.4% during the fourth quarter. Grey Ledge Advisors LLC now owns 8,966 shares of the industrial products company’s stock worth $600,000 after acquiring an additional 128 shares during the last quarter. Eukles Asset Management grew its stake 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 worth $1,956,000 after acquiring an additional 151 shares during the period. Larson Financial Group LLC grew its stake 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 acquiring an additional 155 shares during the period. Finally, Founders Financial Alliance LLC boosted its holdings in shares of A. O. Smith by 2.8% during the fourth quarter. Founders Financial Alliance LLC now owns 5,607 shares of the industrial products company’s stock worth $375,000 after purchasing an additional 155 shares during the last quarter. 76.10% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

AOS has been the subject of a number of recent analyst reports. Robert W. Baird set a $70.00 price objective on A. O. Smith in a research report on Friday, May 1st. Zacks Research lowered A. O. Smith from a “hold” rating to a “strong sell” rating in a research note on Wednesday, May 6th. The Goldman Sachs Group dropped their price objective on shares of A. O. Smith from $69.00 to $61.00 and set a “sell” rating for the company in a research note on Monday, April 13th. Oppenheimer set a $75.00 target price on shares of A. O. Smith and gave the stock an “outperform” rating in a research report on Wednesday, June 10th. Finally, Citigroup lowered their target price 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 investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Reduce” and an average price target of $69.33.

A. O. Smith Price Performance

Shares of AOS opened at $62.69 on Friday. A. O. Smith Corporation has a 52 week low of $54.16 and a 52 week high of $81.86. 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 cap of $8.64 billion, a price-to-earnings ratio of 16.67, a PEG ratio of 1.37 and a beta of 1.16. The stock has a 50 day moving average of $59.32 and a 200-day moving average of $66.50.

A. O. Smith (NYSE:AOS) last announced 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). 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 last year, the business earned $0.95 earnings per share. The business’s revenue for the quarter 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. As a group, 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 disclosed a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Thursday, April 30th were paid a dividend of $0.36 per share. The ex-dividend date was Thursday, April 30th. This represents a $1.44 annualized dividend and a yield of 2.3%. A. O. Smith’s dividend payout ratio is 38.30%.

A. O. Smith Company 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.