Seaport Res Ptn Equities Analysts Increase Earnings Estimates for A. O. Smith Co. (NYSE:AOS)

A. O. Smith Co. (NYSE:AOS) – Investment analysts at Seaport Res Ptn increased their Q4 2024 earnings per share estimates for A. O. Smith in a research note issued on Thursday, April 25th. Seaport Res Ptn analyst S. Graham now anticipates that the industrial products company will post earnings per share of $1.04 for the quarter, up from their previous estimate of $1.02. The consensus estimate for A. O. Smith’s current full-year earnings is $4.09 per share. Seaport Res Ptn also issued estimates for A. O. Smith’s Q2 2025 earnings at $1.11 EPS and Q4 2025 earnings at $1.14 EPS.

Several other analysts have also issued reports on AOS. StockNews.com lowered shares of A. O. Smith from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, March 6th. Oppenheimer restated a “market perform” rating on shares of A. O. Smith in a research report on Thursday, April 18th. Stifel Nicolaus dropped their price target on A. O. Smith from $91.00 to $90.00 and set a “hold” rating for the company in a research report on Friday. Jefferies Financial Group raised their price objective on A. O. Smith from $85.00 to $90.00 and gave the company a “hold” rating in a report on Friday, April 12th. Finally, Robert W. Baird upped their target price on shares of A. O. Smith from $86.00 to $92.00 and gave the stock a “neutral” rating in a report on Friday. Six research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, A. O. Smith currently has a consensus rating of “Hold” and an average target price of $90.67.

A. O. Smith Stock Performance

Shares of AOS stock opened at $84.31 on Monday. The company has a current ratio of 1.65, a quick ratio of 1.06 and a debt-to-equity ratio of 0.06. A. O. Smith has a 12-month low of $63.88 and a 12-month high of $89.96. The business’s 50 day moving average is $85.80 and its two-hundred day moving average is $80.09. The company has a market capitalization of $12.41 billion, a P/E ratio of 21.84, a P/E/G ratio of 2.26 and a beta of 1.25.

A. O. Smith (NYSE:AOS) last released its quarterly earnings results on Thursday, April 25th. The industrial products company reported $1.00 EPS for the quarter, beating the consensus estimate of $0.99 by $0.01. A. O. Smith had a net margin of 14.94% and a return on equity of 30.94%. The company had revenue of $978.80 million for the quarter, compared to analyst estimates of $995.91 million. During the same quarter last year, the business earned $0.94 earnings per share. The firm’s revenue was up 1.3% on a year-over-year basis.

A. O. Smith Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 15th. Investors of record on Tuesday, April 30th will be given a $0.32 dividend. The ex-dividend date is Monday, April 29th. This represents a $1.28 annualized dividend and a yield of 1.52%. A. O. Smith’s payout ratio is 33.16%.

Insiders Place Their Bets

In other news, VP Robert J. Heideman sold 9,890 shares of the company’s stock in a transaction on Tuesday, March 5th. The stock was sold at an average price of $84.63, for a total value of $836,990.70. Following the transaction, the vice president now owns 9,455 shares of the company’s stock, valued at approximately $800,176.65. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. In other A. O. Smith news, VP Robert J. Heideman sold 9,890 shares of the business’s stock in a transaction that occurred on Tuesday, March 5th. The stock was sold at an average price of $84.63, for a total value of $836,990.70. Following the sale, the vice president now owns 9,455 shares of the company’s stock, valued at $800,176.65. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Idelle K. Wolf sold 814 shares of the firm’s stock in a transaction on Wednesday, February 7th. The stock was sold at an average price of $80.00, for a total value of $65,120.00. Following the transaction, the director now owns 46,140 shares of the company’s stock, valued at $3,691,200. The disclosure for this sale can be found here. Insiders sold a total of 95,631 shares of company stock valued at $8,042,535 over the last quarter. 2.70% of the stock is owned by insiders.

Institutional Trading of A. O. Smith

Institutional investors and hedge funds have recently bought and sold shares of the business. FinTrust Capital Advisors LLC increased its holdings in A. O. Smith by 628.0% during the 3rd quarter. FinTrust Capital Advisors LLC now owns 597 shares of the industrial products company’s stock worth $39,000 after purchasing an additional 515 shares during the period. Addison Advisors LLC grew its position in shares of A. O. Smith by 36.1% during the third quarter. Addison Advisors LLC now owns 712 shares of the industrial products company’s stock worth $47,000 after buying an additional 189 shares in the last quarter. Private Trust Co. NA increased its stake in shares of A. O. Smith by 393.1% during the third quarter. Private Trust Co. NA now owns 858 shares of the industrial products company’s stock worth $57,000 after buying an additional 684 shares during the period. Covestor Ltd raised its holdings in A. O. Smith by 39.2% in the third quarter. Covestor Ltd now owns 1,203 shares of the industrial products company’s stock valued at $79,000 after acquiring an additional 339 shares in the last quarter. Finally, Signaturefd LLC lifted its stake in A. O. Smith by 25.5% in the fourth quarter. Signaturefd LLC now owns 961 shares of the industrial products company’s stock worth $79,000 after acquiring an additional 195 shares during the last quarter. 76.10% of the stock is currently owned by hedge funds and other institutional investors.

A. O. Smith Company Profile

A. O. Smith Corporation manufactures and markets residential and commercial gas and electric water heaters, boilers, heat pumps, tanks, and water treatment products in North America, China, Europe, and India. The company offers water heaters for residences, restaurants, hotels, office buildings, laundries, car washes, and small businesses; boilers for hospitals, schools, hotels, and other large commercial buildings, as well as homes, apartments, and condominiums; and water treatment products comprising point-of-entry water softeners, well water solutions, and whole-home water filtration products, and point-of-use carbon and reverse osmosis products for residences, restaurants, hotels, and offices.