A. O. Smith Corporation (NYSE:AOS) Stock Has Consensus Target Price of $67.75

Shares of A. O. Smith Corporation (NYSE:AOS) have been given an average recommendation of “Hold” by the nine research firms that are currently covering the stock, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and two have issued a buy recommendation on the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $67.75.

AOS has been the subject of several research reports. Weiss Ratings reiterated a “hold (c-)” rating on shares of A. O. Smith in a research report on Monday, August 24th. Oppenheimer set a $75.00 price objective on shares of A. O. Smith and gave the stock an “outperform” rating in a research report on Wednesday, June 10th. Stifel Nicolaus dropped their price objective on shares of A. O. Smith from $76.00 to $70.00 and set a “buy” rating on the stock in a research note on Friday, July 31st. Zacks Research raised shares of A. O. Smith from a “strong sell” rating to a “hold” rating in a report on Monday, August 10th. Finally, Citigroup decreased their target price on shares of A. O. Smith from $65.00 to $64.00 and set a “neutral” rating for the company in a research note on Friday, July 31st.

A. O. Smith Trading Down 0.5%

AOS opened at $58.35 on Friday. The company has a quick ratio of 1.04, a current ratio of 1.59 and a debt-to-equity ratio of 0.32. A. O. Smith has a 52 week low of $54.16 and a 52 week high of $81.86. The business’s 50 day moving average is $60.36 and its two-hundred day moving average is $61.05. The firm has a market cap of $7.93 billion, a price-to-earnings ratio of 16.21, a price-to-earnings-growth ratio of 1.31 and a beta of 1.16.

A. O. Smith (NYSE:AOS) last posted its quarterly earnings data on Thursday, July 30th. The industrial products company reported $1.03 earnings per share for the quarter, beating the consensus estimate of $0.96 by $0.07. The business had revenue of $1 billion during the quarter, compared to the consensus estimate 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 revenue was down .7% compared to the same quarter last year. 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. On average, research analysts predict that A. O. Smith will post 3.74 EPS for the current year.

A. O. Smith Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, August 17th. Stockholders of record on Friday, July 31st were issued a $0.36 dividend. The ex-dividend date of this dividend was Friday, July 31st. This represents a $1.44 annualized dividend and a dividend yield of 2.5%. A. O. Smith’s payout ratio is presently 40.00%.

Institutional Investors Weigh In On A. O. Smith

A number of institutional investors have recently added to or reduced their stakes in the business. Prospera Financial Services Inc boosted its holdings in shares of A. O. Smith by 4.0% during the fourth quarter. Prospera Financial Services Inc now owns 3,261 shares of the industrial products company’s stock valued at $218,000 after acquiring an additional 126 shares during the period. Kornitzer Capital Management Inc. KS boosted its stake in A. O. Smith by 0.5% during the 1st quarter. Kornitzer Capital Management Inc. KS now owns 35,267 shares of the industrial products company’s stock valued at $2,326,000 after purchasing an additional 185 shares during the period. Assetmark Inc. boosted its stake in A. O. Smith by 8.5% during the 1st quarter. Assetmark Inc. now owns 2,660 shares of the industrial products company’s stock valued at $175,000 after purchasing an additional 209 shares during the period. V Square Quantitative Management LLC grew its position in A. O. Smith by 5.9% in the 1st quarter. V Square Quantitative Management LLC now owns 4,353 shares of the industrial products company’s stock worth $287,000 after purchasing an additional 244 shares during the last quarter. Finally, Glenmede Trust Co. NA grew its position in A. O. Smith by 6.1% in the 1st quarter. Glenmede Trust Co. NA now owns 4,528 shares of the industrial products company’s stock worth $299,000 after purchasing an additional 261 shares during the last quarter. Hedge funds and other institutional investors own 76.10% of the company’s stock.

A. O. Smith Company Profile

A. O. Smith Corporation (NYSE:AOS) is a global manufacturer of water heating and water treatment equipment. The company serves residential and commercial customers with products including electric and gas water heaters, tankless water heaters, boilers, storage tanks, and related systems.

Its water treatment offerings include residential and commercial filtration, softening, purification, and disinfection products. A. O. Smith sells products under brands such as A. O. Smith, State, Lochinvar, and Takagi through distributors, retailers, contractors, and other sales channels.

Founded in 1874 and headquartered in Milwaukee, Wisconsin, the company has evolved from an industrial manufacturer into a water technology business.