A. O. Smith (NYSE:AOS) Stock Rating Lowered by Longbow Research

A. O. Smith (NYSE:AOS) was downgraded by equities researchers at Longbow Research from a “buy” rating to a “neutral” rating in a research note issued to investors on Monday, Briefing.com reports.

Several other research firms have also issued reports on AOS. Stifel Nicolaus set a $59.00 target price on A. O. Smith and gave the stock a “hold” rating in a report on Sunday. Zacks Research raised A. O. Smith from a “strong sell” rating to a “hold” rating in a research note on Monday, August 10th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of A. O. Smith in a research note on Monday, August 24th. Finally, Citigroup cut their price objective on shares of A. O. Smith from $65.00 to $64.00 and set a “neutral” rating for the company in a research report on Friday, July 31st. One analyst has rated the stock with a Buy rating, seven have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Reduce” and an average price target of $66.38.

A. O. Smith Trading Down 0.1%

Shares of NYSE:AOS opened at $59.18 on Monday. The company has a market capitalization of $8.04 billion, a P/E ratio of 16.44, a P/E/G ratio of 1.32 and a beta of 1.12. A. O. Smith has a 1 year low of $54.16 and a 1 year high of $81.86. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.59 and a quick ratio of 1.04. The business’s 50 day simple moving average is $59.16 and its 200 day simple moving average is $60.24.

A. O. Smith (NYSE:AOS) last posted its quarterly earnings data on Thursday, July 30th. The industrial products company reported $1.03 EPS for the quarter, topping 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 return on equity of 27.88% and a net margin of 13.15%. The company’s revenue was down .7% on a year-over-year basis. During the same quarter last year, the company earned $1.07 EPS. A. O. Smith has set its FY 2026 guidance at 3.700-3.850 EPS. On average, research analysts anticipate that A. O. Smith will post 3.74 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in AOS. Parallel Advisors LLC raised its position in A. O. Smith by 24.4% during the first quarter. Parallel Advisors LLC now owns 2,172 shares of the industrial products company’s stock valued at $143,000 after purchasing an additional 426 shares in the last quarter. Assetmark Inc. lifted its stake in A. O. Smith by 8.5% during the first quarter. Assetmark Inc. now owns 2,660 shares of the industrial products company’s stock worth $175,000 after purchasing an additional 209 shares during the last quarter. CYBER HORNET ETFs LLC boosted its holdings in shares of A. O. Smith by 774.4% in the 2nd quarter. CYBER HORNET ETFs LLC now owns 2,728 shares of the industrial products company’s stock valued at $171,000 after purchasing an additional 2,416 shares in the last quarter. Versant Capital Management Inc boosted its holdings in shares of A. O. Smith by 23.5% in the 3rd quarter. Versant Capital Management Inc now owns 3,142 shares of the industrial products company’s stock valued at $164,000 after purchasing an additional 597 shares in the last quarter. Finally, Stonehearth Capital Management LLC acquired a new stake in shares of A. O. Smith in the 1st quarter valued at $212,000. 76.10% of the stock is owned by institutional investors.

About A. O. Smith

A. O. Smith Corporation (NYSE:AOS) is a manufacturer of water heating and water treatment products for residential, commercial, and industrial applications. The company’s product portfolio includes electric and gas water heaters, boilers, storage tanks, heat pump water heaters, and related equipment and controls.

The company also provides water treatment solutions, including water softeners, filtration systems, and other products designed to improve water quality. Its products are marketed under the A.