FY2025 EPS Estimates for A. O. Smith Cut by DA Davidson

A. O. Smith Corporation (NYSE:AOS) – Investment analysts at DA Davidson dropped their FY2025 earnings per share (EPS) estimates for A. O. Smith in a research note issued to investors on Tuesday, November 4th. DA Davidson analyst M. Summerville now forecasts that the industrial products company will post earnings per share of $3.78 for the year, down from their prior estimate of $3.85. The consensus estimate for A. O. Smith’s current full-year earnings is $3.76 per share. DA Davidson also issued estimates for A. O. Smith’s FY2026 earnings at $4.13 EPS.

A. O. Smith (NYSE:AOS) last issued its quarterly earnings data on Tuesday, October 28th. The industrial products company reported $0.94 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.89 by $0.05. The company had revenue of $942.50 million during the quarter, compared to analysts’ expectations of $946.33 million. A. O. Smith had a return on equity of 29.34% and a net margin of 13.85%.The business’s revenue was up 4.4% on a year-over-year basis. During the same period last year, the business earned $0.82 earnings per share. A. O. Smith has set its FY 2025 guidance at 3.700-3.850 EPS.

A number of other research analysts have also recently issued reports on AOS. Citigroup cut their price objective on A. O. Smith from $77.00 to $72.00 and set a “neutral” rating for the company in a report on Wednesday, October 29th. Stifel Nicolaus set a $80.00 target price on A. O. Smith and gave the company a “buy” rating in a research note on Wednesday, October 29th. Weiss Ratings restated a “hold (c+)” rating on shares of A. O. Smith in a research note on Wednesday, October 8th. Oppenheimer raised their target price on A. O. Smith from $82.00 to $88.00 and gave the company an “outperform” rating in a research note on Monday, July 28th. Finally, Robert W. Baird set a $76.00 target price on A. O. Smith in a research note on Wednesday, October 29th. Two investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, A. O. Smith has an average rating of “Hold” and an average target price of $77.00.

A. O. Smith Stock Up 1.4%

Shares of NYSE AOS opened at $66.05 on Thursday. The stock has a market cap of $9.26 billion, a PE ratio of 17.80, a PEG ratio of 1.43 and a beta of 1.30. The business has a fifty day moving average of $70.69 and a two-hundred day moving average of $68.99. A. O. Smith has a 52-week low of $58.83 and a 52-week high of $77.92. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.03 and a current ratio of 1.54.

A. O. Smith Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, November 17th. Investors of record on Friday, October 31st will be given a $0.36 dividend. The ex-dividend date is Friday, October 31st. This is a positive change from A. O. Smith’s previous quarterly dividend of $0.34. This represents a $1.44 dividend on an annualized basis and a yield of 2.2%. A. O. Smith’s dividend payout ratio is 38.81%.

Institutional Trading of A. O. Smith

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Oppenheimer & Co. Inc. increased its position in A. O. Smith by 224.5% in the third quarter. Oppenheimer & Co. Inc. now owns 93,447 shares of the industrial products company’s stock worth $6,860,000 after purchasing an additional 64,648 shares during the period. Linden Thomas Advisory Services LLC increased its position in A. O. Smith by 2.7% in the third quarter. Linden Thomas Advisory Services LLC now owns 8,746 shares of the industrial products company’s stock worth $642,000 after purchasing an additional 234 shares during the period. Legacy Financial Strategies LLC boosted its holdings in A. O. Smith by 2.9% during the third quarter. Legacy Financial Strategies LLC now owns 42,584 shares of the industrial products company’s stock worth $3,126,000 after buying an additional 1,187 shares during the last quarter. New York Life Investment Management LLC boosted its holdings in A. O. Smith by 73.4% during the third quarter. New York Life Investment Management LLC now owns 27,046 shares of the industrial products company’s stock worth $1,985,000 after buying an additional 11,445 shares during the last quarter. Finally, AdvisorShares Investments LLC bought a new position in A. O. Smith during the third quarter worth about $484,000. 76.10% of the stock is currently owned by institutional investors and hedge funds.

About A. O. Smith

A. O. Smith Corporation manufactures and markets residential and commercial gas and electric water heaters, boilers, heat pumps, tanks, and water treatment products in North America, China, Europe, and India. The company offers water heaters for residences, restaurants, hotels, office buildings, laundries, car washes, and small businesses; boilers for hospitals, schools, hotels, and other large commercial buildings, as well as homes, apartments, and condominiums; and water treatment products comprising point-of-entry water softeners, well water solutions, and whole-home water filtration products, and point-of-use carbon and reverse osmosis products for residences, restaurants, hotels, and offices.