Brokerages Set A. O. Smith Corporation (NYSE:AOS) PT at $69.33

Shares of A. O. Smith Corporation (NYSE:AOS) have been given an average rating of “Reduce” by the eleven analysts that are presently covering the firm, Marketbeat Ratings reports. Three analysts have rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the company. The average 12 month target price among analysts that have covered the stock in the last year is $69.3333.

A number of equities analysts recently issued reports on the company. Stifel Nicolaus set a $75.00 target price on A. O. Smith in a report on Friday, May 1st. Robert W. Baird set a $70.00 target price on A. O. Smith in a report on Friday, May 1st. DA Davidson set a $67.00 price target on A. O. Smith and gave the company a “neutral” rating in a research report on Monday, May 4th. JPMorgan Chase & Co. reissued an “underweight” rating and issued a $60.00 price target (down from $65.00) on shares of A. O. Smith in a research note on Friday, May 15th. Finally, Zacks Research downgraded A. O. Smith from a “hold” rating to a “strong sell” rating in a report on Wednesday, May 6th.

A. O. Smith Trading Up 0.1%

Shares of NYSE:AOS opened at $58.92 on Monday. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.00 and a current ratio of 1.56. The stock has a market capitalization of $8.12 billion, a price-to-earnings ratio of 15.67, a PEG ratio of 1.31 and a beta of 1.16. A. O. Smith has a 1-year low of $54.16 and a 1-year high of $81.86. The company has a 50 day moving average price of $58.88 and a 200 day moving average price of $65.92.

A. O. Smith (NYSE:AOS) last posted its quarterly earnings results on Thursday, April 30th. The industrial products company reported $0.85 earnings per share (EPS) for the quarter, missing the consensus estimate 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 during the quarter, compared to the consensus estimate of $974.06 million. During the same period in the prior year, the company posted $0.95 EPS. A. O. Smith’s quarterly revenue 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, research analysts anticipate that A. O. Smith will post 3.74 EPS for the current fiscal year.

A. O. Smith Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, August 17th. Stockholders of record on Friday, July 31st will be given a $0.36 dividend. This represents a $1.44 annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend is Friday, July 31st. A. O. Smith’s dividend payout ratio (DPR) is 38.30%.

Institutional Investors Weigh In On A. O. Smith

Hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. raised its stake in A. O. Smith by 4.7% during the 4th quarter. Vanguard Group Inc. now owns 15,096,018 shares of the industrial products company’s stock valued at $1,009,622,000 after purchasing an additional 683,176 shares during the period. State Street Corp lifted its holdings in shares of A. O. Smith by 8.4% in the fourth quarter. State Street Corp now owns 5,911,495 shares of the industrial products company’s stock valued at $395,361,000 after purchasing an additional 458,257 shares in the last quarter. Invesco Ltd. boosted its position in shares of A. O. Smith by 0.8% in the fourth quarter. Invesco Ltd. now owns 4,559,612 shares of the industrial products company’s stock worth $304,947,000 after buying an additional 37,621 shares during the period. Morgan Stanley boosted its position in shares of A. O. Smith by 3.6% in the fourth quarter. Morgan Stanley now owns 2,909,395 shares of the industrial products company’s stock worth $194,581,000 after buying an additional 101,453 shares during the period. Finally, ProShare Advisors LLC grew its holdings in shares of A. O. Smith by 2.6% during the fourth quarter. ProShare Advisors LLC now owns 2,344,631 shares of the industrial products company’s stock valued at $156,809,000 after buying an additional 60,260 shares in the last quarter. Hedge funds and other institutional investors own 76.10% of the company’s stock.

A. O. Smith Company 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.