A. O. Smith Corporation (AOS) To Go Ex-Dividend on October 30th

A. O. Smith Corporation (NYSE:AOS) declared a quarterly dividend on Monday, October 12th. Investors of record on Friday, October 30th will be paid a dividend of $0.38 per share by the industrial products company on Monday, November 16th. This represents a $1.52 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date is Friday, October 30th. This is a 5.6% increase from A. O. Smith’s previous quarterly dividend of $0.36.

A. O. Smith has raised its dividend payment by an average of 0.1% per year over the last three years and has raised its dividend every year for the last 31 years. A. O. Smith has a dividend payout ratio of 34.4% indicating that its dividend is sufficiently covered by earnings. Research analysts expect A. O. Smith to earn $4.06 per share next year, which means the company should continue to be able to cover its $1.44 annual dividend with an expected future payout ratio of 35.5%.

A. O. Smith Stock Up 2.3%

Shares of AOS opened at $57.91 on Wednesday. A. O. Smith has a one year low of $54.16 and a one year high of $81.86. The company has a market cap of $7.87 billion, a P/E ratio of 16.09, a P/E/G ratio of 1.26 and a beta of 1.12. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.59 and a quick ratio of 1.04. The firm has a 50 day simple moving average of $59.43 and a two-hundred day simple moving average of $60.36.

A. O. Smith (NYSE:AOS) last released its earnings results on Thursday, July 30th. The industrial products company reported $1.03 earnings per share for the quarter, topping the consensus estimate of $0.96 by $0.07. The firm had revenue of $1 billion during the quarter, compared to analysts’ expectations of $994.89 million. A. O. Smith had a return on equity of 27.88% and a net margin of 13.15%. The company’s quarterly revenue was down .7% on a year-over-year basis. During the same period in the prior year, the company earned $1.07 earnings per share. A. O. Smith has set its FY 2026 guidance at 3.700-3.850 EPS. Research analysts forecast that A. O. Smith will post 3.74 EPS for the current fiscal year.

Institutional Trading of A. O. Smith

A number of hedge funds have recently added to or reduced their stakes in AOS. Parallel Advisors LLC increased its position in A. O. Smith by 24.4% in the 1st quarter. Parallel Advisors LLC now owns 2,172 shares of the industrial products company’s stock valued at $143,000 after acquiring an additional 426 shares during the period. Assetmark Inc. lifted its holdings in shares of A. O. Smith by 8.5% during the first quarter. Assetmark Inc. now owns 2,660 shares of the industrial products company’s stock worth $175,000 after purchasing an additional 209 shares during the period. CYBER HORNET ETFs LLC lifted its holdings in shares of A. O. Smith by 774.4% during the second quarter. CYBER HORNET ETFs LLC now owns 2,728 shares of the industrial products company’s stock worth $171,000 after purchasing an additional 2,416 shares during the period. Versant Capital Management Inc grew its stake in shares of A. O. Smith by 23.5% in the third quarter. Versant Capital Management Inc now owns 3,142 shares of the industrial products company’s stock worth $164,000 after purchasing an additional 597 shares during the last quarter. Finally, Stonehearth Capital Management LLC bought a new stake in shares of A. O. Smith in the first quarter worth $212,000. Institutional investors and hedge funds own 76.10% of the company’s stock.

A. O. Smith Company Profile

A. O. Smith Corporation (NYSE:AOS) is a manufacturer of water heating and water treatment products for residential, commercial, and industrial applications. The company’s product portfolio includes electric and gas water heaters, boilers, storage tanks, heat pump water heaters, and related equipment and controls.

The company also provides water treatment solutions, including water softeners, filtration systems, and other products designed to improve water quality. Its products are marketed under the A.