State of Wyoming Decreases Stake in A. O. Smith Corporation $AOS

State of Wyoming lowered its stake in A. O. Smith Corporation (NYSE:AOS) by 76.2% in the 1st quarter, HoldingsChannel.com reports. The firm owned 2,691 shares of the industrial products company’s stock after selling 8,608 shares during the period. State of Wyoming’s holdings in A. O. Smith were worth $177,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. Goldman Sachs Group Inc. increased its stake in shares of A. O. Smith by 19.6% in the first quarter. Goldman Sachs Group Inc. now owns 939,302 shares of the industrial products company’s stock worth $61,393,000 after buying an additional 154,201 shares during the period. EverSource Wealth Advisors LLC boosted its position in A. O. Smith by 78.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 963 shares of the industrial products company’s stock valued at $63,000 after buying an additional 422 shares during the period. Marshall Wace LLP purchased a new stake in A. O. Smith during the 2nd quarter valued at $5,212,000. California Public Employees Retirement System grew its holdings in A. O. Smith by 11.4% in the 2nd quarter. California Public Employees Retirement System now owns 211,176 shares of the industrial products company’s stock worth $13,847,000 after acquiring an additional 21,657 shares during the last quarter. Finally, Bank of Nova Scotia increased its position in shares of A. O. Smith by 165.3% in the second quarter. Bank of Nova Scotia now owns 32,874 shares of the industrial products company’s stock valued at $2,156,000 after acquiring an additional 20,485 shares during the period. Hedge funds and other institutional investors own 76.10% of the company’s stock.

More A. O. Smith News

Here are the key news stories impacting A. O. Smith this week:

• Positive Sentiment: Second-quarter results exceeded expectations. A. O. Smith reported adjusted EPS of $1.03, above the $0.96 consensus estimate, while sales of approximately $1.0 billion also topped forecasts. North America sales rose 5% to $820.5 million, supported by the Leonard Valve acquisition, 21% boiler sales growth and pricing actions. A. O. Smith Reports Second Quarter 2026 Results
• Positive Sentiment: Cash generation and shareholder returns improved. Year-to-date operating cash flow increased 42% to $254 million, free cash flow climbed 67% to $233 million, and the company raised its 2026 share-repurchase target to $300 million. A. O. Smith also declared a quarterly dividend of $0.36 per share. A. O. Smith Q2 Sales Report
• Neutral Sentiment: Full-year guidance remains broadly in line with expectations. Management reiterated adjusted EPS guidance of $3.70 to $3.85 and sales growth of 2% to 3%; the midpoint is close to the analyst consensus. The company’s earnings beat and boiler momentum provide support, but the outlook does not represent a major upward revision. A. O. Smith Q2 Earnings and Revenues Top Estimates
• Negative Sentiment: International weakness and costs remain concerns. Rest of World sales fell 19%, primarily because of continued weakness in China’s consumer-appliance market. Quarterly revenue declined slightly year over year, adjusted EPS was below the prior-year result, and higher input costs pressured profitability. A. O. Smith Q2 Earnings Beat Estimates
• Negative Sentiment: Analysts lowered their valuation targets. Citigroup cut its target to $64 from $65 and kept a neutral rating, while Stifel reduced its target to $70 from $76 but maintained a buy rating. The reductions may limit upside sentiment despite both targets remaining above the recent trading level. Analyst Price Target Changes

A. O. Smith Stock Up 0.8%

Shares of A. O. Smith stock opened at $60.31 on Friday. The company has a current ratio of 1.59, a quick ratio of 1.00 and a debt-to-equity ratio of 0.32. A. O. Smith Corporation has a 12-month low of $54.16 and a 12-month high of $81.86. The company has a market cap of $8.31 billion, a P/E ratio of 16.75, a PEG ratio of 1.33 and a beta of 1.16. The company’s fifty day simple moving average is $59.56 and its two-hundred day simple moving average is $65.39.

A. O. Smith (NYSE:AOS) last posted its earnings results on Thursday, July 30th. The industrial products company reported $1.03 EPS 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 net margin of 13.15% and a return on equity of 27.88%. The company’s quarterly revenue was down .7% compared to the same quarter last year. During the same period last year, the company posted $1.07 EPS. A. O. Smith has set its FY 2026 guidance at 3.700-3.850 EPS. Research analysts anticipate that A. O. Smith Corporation will post 3.74 EPS for the current year.

A. O. Smith Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 17th. Shareholders of record on Friday, July 31st will be issued a $0.36 dividend. The ex-dividend date is Friday, July 31st. This represents a $1.44 annualized dividend and a yield of 2.4%. A. O. Smith’s dividend payout ratio (DPR) is 38.30%.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the stock. Citigroup lowered their price objective 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. The Goldman Sachs Group cut their target price on A. O. Smith from $69.00 to $61.00 and set a “sell” rating on the stock in a research note on Monday, April 13th. DA Davidson set a $67.00 price target on A. O. Smith and gave the company a “neutral” rating in a report on Monday, May 4th. Stifel Nicolaus lowered their price target on A. O. Smith from $76.00 to $70.00 and set a “buy” rating for the company in a research report on Friday. Finally, Zacks Research cut A. O. Smith from a “hold” rating to a “strong sell” rating in a report on Wednesday, May 6th. Two investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Reduce” and a consensus target price of $67.75.

A. O. Smith Company 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.