26,657 Shares in A. O. Smith Corporation $AOS Purchased by Grandfield & Dodd LLC

Grandfield & Dodd LLC acquired a new position in A. O. Smith Corporation (NYSE:AOS) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 26,657 shares of the industrial products company’s stock, valued at approximately $1,783,000.

Several other hedge funds have also recently bought and sold shares of AOS. Creative Financial Designs Inc. ADV lifted its stake in A. O. Smith by 3,481.8% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 394 shares of the industrial products company’s stock worth $26,000 after acquiring an additional 383 shares in the last quarter. Rothschild Investment LLC lifted its stake in A. O. Smith by 3,125.0% in the 3rd quarter. Rothschild Investment LLC now owns 387 shares of the industrial products company’s stock worth $28,000 after acquiring an additional 375 shares in the last quarter. Torren Management LLC purchased a new stake in A. O. Smith in the 4th quarter worth about $31,000. Eagle Bay Advisors LLC purchased a new stake in A. O. Smith in the 4th quarter worth about $32,000. Finally, Larson Financial Group LLC lifted its stake in A. O. Smith by 67.9% in the 3rd quarter. Larson Financial Group LLC now owns 487 shares of the industrial products company’s stock worth $36,000 after acquiring an additional 197 shares in the last quarter. 76.10% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at A. O. Smith

In other A. O. Smith news, SVP Darrell W. Schuh sold 1,104 shares of the business’s stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $74.39, for a total value of $82,126.56. Following the completion of the sale, the senior vice president owned 2,201 shares of the company’s stock, valued at $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 is available at this hyperlink. 0.50% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

AOS has been the subject of several research analyst reports. Citigroup reduced their price objective on A. O. Smith from $74.00 to $65.00 and set a “neutral” rating for the company in a research note on Monday, May 4th. Stifel Nicolaus set a $75.00 price objective on A. O. Smith in a report on Friday, May 1st. Wall Street Zen cut A. O. Smith from a “buy” rating to a “hold” rating in a research report on Saturday, February 14th. DA Davidson set a $67.00 price objective on A. O. Smith and gave the company a “neutral” rating in a research report on Monday, May 4th. Finally, Oppenheimer reissued an “outperform” rating and set a $80.00 price objective on shares of A. O. Smith in a research report on Friday, May 1st. Two analysts have rated the stock with a Buy rating, six have given a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Reduce” and an average price target of $69.89.

A. O. Smith Price Performance

Shares of NYSE:AOS opened at $56.80 on Friday. A. O. Smith Corporation has a fifty-two week low of $54.16 and a fifty-two week high of $81.86. The business has a 50-day moving average of $62.22 and a two-hundred day moving average of $67.65. The stock has a market capitalization of $7.83 billion, a P/E ratio of 15.11, a P/E/G ratio of 1.25 and a beta of 1.23. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.56 and a quick ratio of 1.00.

A. O. Smith (NYSE:AOS) last announced its quarterly earnings results on Thursday, April 30th. The industrial products company reported $0.85 earnings per share for the quarter, missing analysts’ consensus estimates of $0.94 by ($0.09). A. O. Smith had a return on equity of 28.42% and a net margin of 13.84%.The company had revenue of $945.60 million during the quarter, compared to analyst estimates of $974.06 million. During the same period in the prior year, the firm earned $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, equities research analysts predict that A. O. Smith Corporation will post 3.78 EPS for the current fiscal year.

A. O. Smith Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Thursday, April 30th were given a $0.36 dividend. The ex-dividend date of this dividend was Thursday, April 30th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 2.5%. A. O. Smith’s payout ratio is currently 38.30%.

About A. O. Smith

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.