Seizert Capital Partners LLC Sells 18,467 Shares of A. O. Smith Corporation $AOS

Seizert Capital Partners LLC lessened its stake in A. O. Smith Corporation (NYSE:AOS) by 16.7% in the third quarter, HoldingsChannel reports. The firm owned 92,433 shares of the industrial products company’s stock after selling 18,467 shares during the period. Seizert Capital Partners LLC’s holdings in A. O. Smith were worth $6,786,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. TD Private Client Wealth LLC raised its stake in A. O. Smith by 143.7% during the 2nd quarter. TD Private Client Wealth LLC now owns 446 shares of the industrial products company’s stock worth $29,000 after buying an additional 263 shares during the period. True Wealth Design LLC lifted its holdings in shares of A. O. Smith by 44,400.0% during the 2nd quarter. True Wealth Design LLC now owns 445 shares of the industrial products company’s stock valued at $29,000 after purchasing an additional 444 shares in the last quarter. Loomis Sayles & Co. L P acquired a new position in shares of A. O. Smith in the 2nd quarter valued at approximately $30,000. Evelyn Partners Investment Management LLP increased its stake in A. O. Smith by 988.9% during the 2nd quarter. Evelyn Partners Investment Management LLP now owns 490 shares of the industrial products company’s stock worth $32,000 after purchasing an additional 445 shares in the last quarter. Finally, Root Financial Partners LLC acquired a new stake in A. O. Smith during the 3rd quarter worth approximately $33,000. Institutional investors and hedge funds own 76.10% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on AOS shares. Weiss Ratings reiterated a “hold (c)” rating on shares of A. O. Smith in a report on Wednesday, December 24th. Stifel Nicolaus set a $80.00 price target on shares of A. O. Smith and gave the stock a “buy” rating in a research note on Wednesday, October 29th. DA Davidson reiterated a “neutral” rating and issued a $75.00 price target on shares of A. O. Smith in a research note on Thursday, November 13th. Robert W. Baird set a $76.00 price target on A. O. Smith in a research note on Wednesday, October 29th. Finally, Jefferies Financial Group set a $75.00 price objective on A. O. Smith and gave the company a “hold” rating in a report on Friday, January 9th. Two research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $76.50.

A. O. Smith Stock Down 1.3%

AOS opened at $71.52 on Tuesday. The stock’s fifty day simple moving average is $67.53 and its 200 day simple moving average is $69.52. A. O. Smith Corporation has a 1-year low of $58.83 and a 1-year high of $77.31. The stock has a market cap of $9.96 billion, a PE ratio of 19.28, a price-to-earnings-growth ratio of 1.47 and a beta of 1.35. The company has a current ratio of 1.54, a quick ratio of 0.95 and a debt-to-equity ratio of 0.09.

A. O. Smith (NYSE:AOS) last released its quarterly earnings data on Tuesday, October 28th. The industrial products company reported $0.94 EPS for the quarter, beating the consensus estimate of $0.89 by $0.05. The firm had revenue of $942.50 million for the quarter, compared to the consensus estimate of $946.33 million. A. O. Smith had a net margin of 13.85% and a return on equity of 29.34%. The company’s quarterly revenue was up 4.4% on a year-over-year basis. During the same period in the previous year, the company earned $0.82 earnings per share. A. O. Smith has set its FY 2025 guidance at 3.700-3.850 EPS. As a group, research analysts expect that A. O. Smith Corporation will post 3.76 earnings per share for the current year.

A. O. Smith Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 17th. Stockholders of record on Friday, January 30th will be issued a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date is Friday, January 30th. A. O. Smith’s payout ratio is currently 38.81%.

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.