Q1 EPS Estimates for A. O. Smith Decreased by Zacks Research

A. O. Smith Corporation (NYSE:AOS) – Equities research analysts at Zacks Research lowered their Q1 2028 earnings per share (EPS) estimates for shares of A. O. Smith in a research note issued to investors on Tuesday, March 31st. Zacks Research analyst Team now anticipates that the industrial products company will post earnings of $1.15 per share for the quarter, down from their prior estimate of $1.22. The consensus estimate for A. O. Smith’s current full-year earnings is $3.76 per share.

A. O. Smith (NYSE:AOS) last issued its quarterly earnings data on Thursday, January 29th. The industrial products company reported $0.90 EPS for the quarter, topping the consensus estimate of $0.84 by $0.06. A. O. Smith had a return on equity of 29.51% and a net margin of 14.26%.The firm had revenue of $912.50 million during the quarter, compared to the consensus estimate of $928.97 million. During the same period in the prior year, the business posted $0.85 earnings per share. The company’s quarterly revenue was up .0% compared to the same quarter last year.

Other equities analysts have also recently issued reports about the company. The Goldman Sachs Group set a $69.00 price objective on A. O. Smith and gave the company a “sell” rating in a research note on Thursday, February 12th. Robert W. Baird set a $77.00 target price on shares of A. O. Smith in a report on Friday, January 30th. Citigroup reissued a “neutral” rating and set a $78.00 price target (up from $72.00) on shares of A. O. Smith in a research report on Friday, January 30th. Weiss Ratings restated a “hold (c)” rating on shares of A. O. Smith in a report on Wednesday, December 24th. Finally, Stifel Nicolaus set a $85.00 price objective on shares of A. O. Smith and gave the stock a “buy” rating in a research report on Friday, January 30th. Two equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, A. O. Smith has an average rating of “Hold” and a consensus target price of $77.00.

A. O. Smith Stock Down 1.3%

Shares of NYSE:AOS opened at $65.06 on Thursday. The business’s 50 day moving average is $72.56 and its 200 day moving average is $70.02. A. O. Smith has a 12-month low of $58.83 and a 12-month high of $81.86. The stock has a market cap of $9.00 billion, a price-to-earnings ratio of 16.85, a PEG ratio of 1.37 and a beta of 1.33. The company has a quick ratio of 0.94, a current ratio of 1.50 and a debt-to-equity ratio of 0.06.

A. O. Smith Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, February 17th. Investors of record on Friday, January 30th were paid a $0.36 dividend. The ex-dividend date was Friday, January 30th. This represents a $1.44 annualized dividend and a yield of 2.2%. A. O. Smith’s dividend payout ratio is presently 37.31%.

Insiders Place Their Bets

In related news, SVP Darrell W. Schuh sold 1,104 shares of the firm’s stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $74.39, for a total value of $82,126.56. Following the completion of the transaction, the senior vice president directly owned 2,201 shares of the company’s stock, valued at approximately $163,732.39. This trade represents a 33.40% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.50% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. Corient Private Wealth LLC boosted its stake in A. O. Smith by 44.2% during the fourth quarter. Corient Private Wealth LLC now owns 48,754 shares of the industrial products company’s stock valued at $3,261,000 after buying an additional 14,942 shares during the period. Hsbc Holdings PLC increased its stake in A. O. Smith by 6.3% in the 4th quarter. Hsbc Holdings PLC now owns 174,440 shares of the industrial products company’s stock worth $11,684,000 after acquiring an additional 10,391 shares during the last quarter. Pacer Advisors Inc. raised its holdings in shares of A. O. Smith by 3.2% in the 4th quarter. Pacer Advisors Inc. now owns 9,672 shares of the industrial products company’s stock valued at $647,000 after acquiring an additional 302 shares in the last quarter. Kera Capital Partners Inc. purchased a new stake in shares of A. O. Smith in the 4th quarter valued at about $336,000. Finally, Compound Planning Inc. bought a new stake in shares of A. O. Smith during the 4th quarter valued at about $207,000. 76.10% of the stock is currently owned by hedge funds and other institutional investors.

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.