Landscape Capital Management L.L.C. Purchases Shares of 26,159 A. O. Smith Corporation $AOS

Landscape Capital Management L.L.C. purchased a new stake in shares of A. O. Smith Corporation (NYSE:AOS) in the 4th quarter, Holdings Channel reports. The institutional investor purchased 26,159 shares of the industrial products company’s stock, valued at approximately $1,750,000.

Several other hedge funds have also bought and sold shares of the stock. Barclays PLC grew its holdings in A. O. Smith by 4.5% during the fourth quarter. Barclays PLC now owns 248,323 shares of the industrial products company’s stock valued at $16,608,000 after purchasing an additional 10,639 shares during the period. Kestra Advisory Services LLC bought a new stake in A. O. Smith during the fourth quarter valued at about $143,000. Marshall Wace LLP grew its holdings in A. O. Smith by 81.8% during the fourth quarter. Marshall Wace LLP now owns 443,943 shares of the industrial products company’s stock valued at $29,691,000 after purchasing an additional 199,692 shares during the period. CANADA LIFE ASSURANCE Co raised its holdings in A. O. Smith by 15.0% during the fourth quarter. CANADA LIFE ASSURANCE Co now owns 50,698 shares of the industrial products company’s stock valued at $3,393,000 after acquiring an additional 6,613 shares during the period. Finally, Bridgewater Associates LP raised its holdings in A. O. Smith by 160.7% during the fourth quarter. Bridgewater Associates LP now owns 198,793 shares of the industrial products company’s stock valued at $13,295,000 after acquiring an additional 122,542 shares during the period. Institutional investors own 76.10% of the company’s stock.

A. O. Smith Price Performance

NYSE:AOS opened at $60.05 on Tuesday. The company has a current ratio of 1.56, a quick ratio of 1.00 and a debt-to-equity ratio of 0.31. The company has a market capitalization of $8.28 billion, a P/E ratio of 15.97, a P/E/G ratio of 1.31 and a beta of 1.18. A. O. Smith Corporation has a 12 month low of $54.16 and a 12 month high of $81.86. The business’s 50-day moving average is $60.63 and its 200 day moving average is $67.13.

A. O. Smith (NYSE:AOS) last issued its quarterly earnings data on Thursday, April 30th. The industrial products company reported $0.85 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.94 by ($0.09). A. O. Smith had a net margin of 13.84% and a return on equity of 28.42%. The company had revenue of $945.60 million for the quarter, compared to analysts’ expectations of $974.06 million. During the same quarter last year, the company earned $0.95 earnings per share. The company’s revenue for the quarter was down 1.9% on a year-over-year basis. A. O. Smith has set its FY 2026 guidance at 3.600-3.900 EPS. On average, equities research analysts forecast that A. O. Smith Corporation will post 3.77 earnings per share for the current fiscal year.

A. O. Smith Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Thursday, April 30th were given a dividend of $0.36 per share. The ex-dividend date was Thursday, April 30th. This represents a $1.44 dividend on an annualized basis and a yield of 2.4%. A. O. Smith’s dividend payout ratio is 38.30%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on AOS shares. The Goldman Sachs Group dropped their price objective on A. O. Smith from $69.00 to $61.00 and set a “sell” rating for the company in a research note on Monday, April 13th. Robert W. Baird set a $70.00 price target on A. O. Smith in a research note on Friday, May 1st. JPMorgan Chase & Co. reaffirmed an “underweight” rating and set a $60.00 price objective (down from $65.00) on shares of A. O. Smith in a report on Friday, May 15th. Weiss Ratings lowered shares of A. O. Smith from a “hold (c)” rating to a “hold (c-)” rating in a report on Wednesday, May 27th. Finally, Zacks Research lowered shares of A. O. Smith from a “hold” rating to a “strong sell” rating in a report on Wednesday, May 6th. Two research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Reduce” and an average price target of $69.33.

A. O. Smith 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.