Regents Gate Capital LLP raised its holdings in shares of A. O. Smith Corporation (NYSE:AOS – Free Report) by 192.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 197,564 shares of the industrial products company’s stock after acquiring an additional 129,989 shares during the quarter. A. O. Smith makes up 4.2% of Regents Gate Capital LLP’s investment portfolio, making the stock its 9th largest holding. Regents Gate Capital LLP’s holdings in A. O. Smith were worth $13,213,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently bought and sold shares of the business. Vanguard Group Inc. grew 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 acquiring an additional 683,176 shares in the last quarter. American Century Companies Inc. lifted its holdings in A. O. Smith by 54.2% in the 3rd quarter. American Century Companies Inc. now owns 3,208,831 shares of the industrial products company’s stock worth $235,560,000 after purchasing an additional 1,128,543 shares during the last quarter. First Trust Advisors LP lifted its holdings in A. O. Smith by 4.6% in the 3rd quarter. First Trust Advisors LP now owns 2,508,947 shares of the industrial products company’s stock worth $184,182,000 after purchasing an additional 109,654 shares during the last quarter. ProShare Advisors LLC lifted its holdings in A. O. Smith by 2.6% in the 4th quarter. ProShare Advisors LLC now owns 2,344,631 shares of the industrial products company’s stock worth $156,809,000 after purchasing an additional 60,260 shares during the last quarter. Finally, Earnest Partners LLC lifted its holdings in A. O. Smith by 1.8% in the 3rd quarter. Earnest Partners LLC now owns 2,082,982 shares of the industrial products company’s stock worth $152,912,000 after purchasing an additional 36,122 shares during the last quarter. Hedge funds and other institutional investors own 76.10% of the company’s stock.
Wall Street Analysts Forecast Growth
Several equities research analysts recently weighed in on the company. Stifel Nicolaus set a $75.00 target price on A. O. Smith in a report on Friday, May 1st. Weiss Ratings lowered A. O. Smith from a “hold (c)” rating to a “hold (c-)” rating in a report on Wednesday, May 27th. Citigroup reduced their target price on A. O. Smith from $74.00 to $65.00 and set a “neutral” rating for the company in a report on Monday, May 4th. DA Davidson set a $67.00 price target on A. O. Smith and gave the stock a “neutral” rating in a report on Monday, May 4th. Finally, Wall Street Zen lowered A. O. Smith from a “buy” rating to a “hold” rating in a report on Saturday, February 14th. Two equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Reduce” and a consensus target price of $69.33.
A. O. Smith Stock Performance
AOS opened at $58.77 on Friday. The stock has a market cap of $8.10 billion, a PE ratio of 15.63, a P/E/G ratio of 1.26 and a beta of 1.18. The company has a current ratio of 1.56, a quick ratio of 1.00 and a debt-to-equity ratio of 0.31. A. O. Smith Corporation has a 1 year low of $54.16 and a 1 year high of $81.86. The stock’s 50 day simple moving average is $60.84 and its 200-day simple moving average is $67.20.
A. O. Smith (NYSE:AOS – Get Free Report) last released 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). The firm had revenue of $945.60 million for the quarter, compared to the consensus estimate of $974.06 million. A. O. Smith had a net margin of 13.84% and a return on equity of 28.42%. The business’s revenue for the quarter was down 1.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.95 earnings per share. A. O. Smith has set its FY 2026 guidance at 3.600-3.900 EPS. Sell-side analysts forecast that A. O. Smith Corporation will post 3.77 EPS for the current year.
A. O. Smith Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Stockholders 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 dividend yield of 2.5%. A. O. Smith’s payout ratio is currently 38.30%.
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.
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