Key Points
- Insider sale: A. O. Smith SVP Darrell Schuh sold 1,104 shares on March 4 at an average price of $74.39 for $82,126.56, cutting his stake by 33.4% to 2,201 shares.
- Share movement & valuation: AOS traded down 1.7% to $72.10, with a market cap near $9.97 billion, a P/E of 18.68 and a 52‑week range of $58.83–$81.86.
- Earnings & dividend: The company beat EPS expectations ($0.90 vs. $0.84) while reporting flat revenue, and pays a $0.36 quarterly dividend (annualized $1.44) for a ~2.0% yield and a 37.3% payout ratio.
A. O. Smith Corporation (NYSE:AOS - Get Free Report) SVP Darrell Schuh sold 1,104 shares of the stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $74.39, for a total transaction of $82,126.56. Following the transaction, the senior vice president owned 2,201 shares in the company, valued at approximately $163,732.39. The trade was a 33.40% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
A. O. Smith Stock Down 1.7%
Shares of AOS traded down $1.25 during mid-day trading on Thursday, hitting $72.10. The company's stock had a trading volume of 357,568 shares, compared to its average volume of 1,374,975. The firm has a market capitalization of $9.97 billion, a price-to-earnings ratio of 18.68, a PEG ratio of 1.56 and a beta of 1.33. The company's 50-day moving average is $73.76 and its 200-day moving average is $70.83. The company has a current ratio of 1.50, a quick ratio of 0.94 and a debt-to-equity ratio of 0.06. A. O. Smith Corporation has a 52-week low of $58.83 and a 52-week high of $81.86.
A. O. Smith (NYSE:AOS - Get Free Report) last posted its earnings results on Thursday, January 29th. The industrial products company reported $0.90 earnings per share for the quarter, topping analysts' consensus estimates of $0.84 by $0.06. The company had revenue of $912.50 million during the quarter, compared to analyst estimates of $928.97 million. A. O. Smith had a return on equity of 29.51% and a net margin of 14.26%.A. O. Smith's revenue was up .0% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.85 earnings per share. On average, equities research analysts forecast that A. O. Smith Corporation will post 3.76 EPS for the current fiscal year.
A. O. Smith Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, February 17th. Stockholders of record on Friday, January 30th were given a $0.36 dividend. The ex-dividend date of this dividend was Friday, January 30th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 2.0%. A. O. Smith's payout ratio is presently 37.31%.
Institutional Inflows and Outflows
Several institutional investors have recently made changes to their positions in the business. Magnetar Financial LLC purchased a new position in shares of A. O. Smith during the 2nd quarter valued at approximately $2,837,000. Charles Schwab Investment Management Inc. grew its position in A. O. Smith by 1.1% during the second quarter. Charles Schwab Investment Management Inc. now owns 1,265,091 shares of the industrial products company's stock valued at $82,952,000 after buying an additional 13,906 shares during the period. Alps Advisors Inc. increased its holdings in A. O. Smith by 19.9% in the third quarter. Alps Advisors Inc. now owns 273,216 shares of the industrial products company's stock valued at $20,057,000 after buying an additional 45,299 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of A. O. Smith by 26.4% in the third quarter. JPMorgan Chase & Co. now owns 665,793 shares of the industrial products company's stock worth $48,876,000 after acquiring an additional 139,117 shares during the period. Finally, Bayforest Capital Ltd purchased a new stake in shares of A. O. Smith during the 3rd quarter worth about $750,000. Hedge funds and other institutional investors own 76.10% of the company's stock.
Analyst Ratings Changes
AOS has been the subject of several recent analyst reports. Weiss Ratings reissued a "hold (c)" rating on shares of A. O. Smith in a report on Wednesday, December 24th. Stifel Nicolaus set a $85.00 target price on shares of A. O. Smith and gave the stock a "buy" rating in a research note on Friday, January 30th. Citigroup reissued a "neutral" rating and set a $78.00 target price (up from $72.00) on shares of A. O. Smith in a research report on Friday, January 30th. Jefferies Financial Group set a $75.00 price objective on shares of A. O. Smith and gave the stock a "hold" rating in a research note on Friday, January 9th. Finally, The Goldman Sachs Group set a $69.00 target price on A. O. Smith and gave the company a "sell" rating in a research report on Thursday, February 12th. Two 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 stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $77.00.
Read Our Latest Research Report on AOS
A. O. Smith Company Profile
(
Get Free Report)
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.
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