Sarasin & Partners LLP Has $70.42 Million Stock Position in A. O. Smith Corporation $AOS

Sarasin & Partners LLP lowered its position in A. O. Smith Corporation (NYSE:AOS) by 6.5% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,122,769 shares of the industrial products company’s stock after selling 78,148 shares during the quarter. Sarasin & Partners LLP owned 0.81% of A. O. Smith worth $70,420,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of AOS. Vanguard Group Inc. lifted its position in A. O. Smith by 4.7% in the fourth quarter. Vanguard Group Inc. now owns 15,096,018 shares of the industrial products company’s stock worth $1,009,622,000 after purchasing an additional 683,176 shares during the period. State Street Corp increased its holdings in A. O. Smith by 8.4% in the 4th quarter. State Street Corp now owns 5,911,495 shares of the industrial products company’s stock valued at $395,361,000 after buying an additional 458,257 shares during the period. Invesco Ltd. raised its stake in shares of A. O. Smith by 0.8% in the 4th quarter. Invesco Ltd. now owns 4,559,612 shares of the industrial products company’s stock valued at $304,947,000 after buying an additional 37,621 shares in the last quarter. Morgan Stanley lifted its holdings in shares of A. O. Smith by 3.6% during the 4th quarter. Morgan Stanley now owns 2,909,395 shares of the industrial products company’s stock worth $194,581,000 after acquiring an additional 101,453 shares during the period. Finally, ProShare Advisors LLC lifted its holdings in shares of A. O. Smith by 2.6% during the 4th 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. Institutional investors and hedge funds own 76.10% of the company’s stock.

A. O. Smith Stock Down 0.3%

AOS opened at $63.02 on Friday. A. O. Smith Corporation has a twelve month low of $54.16 and a twelve month high of $81.86. The firm has a market cap of $8.69 billion, a price-to-earnings ratio of 17.51, a PEG ratio of 1.41 and a beta of 1.17. The firm’s 50-day simple moving average is $59.94 and its 200-day simple moving average is $65.10. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.04 and a current ratio of 1.59.

A. O. Smith (NYSE:AOS) last released its quarterly earnings results on Thursday, July 30th. The industrial products company reported $1.03 EPS for the quarter, beating analysts’ consensus estimates of $0.96 by $0.07. The firm had revenue of $1 billion for the quarter, compared to analyst estimates of $994.89 million. A. O. Smith had a net margin of 13.15% and a return on equity of 27.88%. The company’s revenue for the quarter was down .7% compared to the same quarter last year. During the same period in the previous year, the business earned $1.07 earnings per share. A. O. Smith has set its FY 2026 guidance at 3.700-3.850 EPS. Equities research analysts anticipate that A. O. Smith Corporation will post 3.74 EPS for the current fiscal year.

A. O. Smith Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, August 17th. Investors of record on Friday, July 31st will be given a dividend of $0.36 per share. The ex-dividend date is Friday, July 31st. This represents a $1.44 dividend on an annualized basis and a yield of 2.3%. A. O. Smith’s dividend payout ratio is 40.00%.

Analysts Set New Price Targets

Several analysts have 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 research report on Monday, April 13th. Oppenheimer set a $75.00 price target on shares of A. O. Smith and gave the stock an “outperform” rating in a research note on Wednesday, June 10th. Citigroup decreased their price objective on A. O. Smith from $65.00 to $64.00 and set a “neutral” rating on the stock in a report on Friday, July 31st. Robert W. Baird set a $70.00 price objective on A. O. Smith in a research note on Friday, May 1st. Finally, Stifel Nicolaus dropped their target price on A. O. Smith from $76.00 to $70.00 and set a “buy” rating for the company in a report on Friday, July 31st. Two equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Reduce” and a consensus target price of $67.75.

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.