1 week Ago By ABMN Staff
A. O. Smith Co.
( NYSE:AOS – Get Free Report ) has been given an average recommendation of “Hold” by the seven analysts that are presently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the company.
The average 12-month price target among analysts that have issued a report on the stock in the last year is $89.67. A number of brokerages have recently weighed in on AOS.
StockNews.com raised shares of A. O.
Smith from a “hold” rating to a “buy” rating in a research report on Tuesday, August 13th. UBS Group upped their price objective on A. O.
Smith from $73.00 to $75.00 and gave the stock a “sell” rating in a research report on Monday, July 8th.
Stifel Nicolaus raised A. O. Smith from a “hold” rating to a “buy” rating and raised their target price for the stock from $97.
00 to $98.00 in a research report on Wednesday, July 24th. Finally, Robert W.
Baird lowered their price target on A. O. Smith from $92.
00 to $90.00 and set a “neutral” rating for the company in a report on Wednesday, July 24th. View Our Latest Report on A.
O. Smith Insider Activity Hedge Funds Weigh In On A. O.
Smith A number of large investors have recently modified their holdings of the business. Mitsubishi UFJ Asset Management Co. Ltd.
lifted its stake in shares of A. O. Smith by 11.
3% in the first quarter. Mitsubishi UFJ Asset Management Co. Ltd.
now owns 225,930 shares of the industrial products company’s stock valued at $20,212,000 after purchasing an additional 22,859 shares during the period. Schroder Investment Management Group lifted its position in shares of A. O.
Smith by 37.2% during the 4th quarter. Schroder Investment Management Group now owns 623,357 shares of the industrial products company’s stock valued at $51,390,000 after acquiring an additional 168,911 shares during the period.
Legacy Capital Wealth Partners LLC acquired a new stake in shares of A. O. Smith during the 2nd quarter valued at approximately $228,000.
TD Asset Management Inc boosted its stake in shares of A. O. Smith by 39.
7% during the 4th quarter. TD Asset Management Inc now owns 79,075 shares of the industrial products company’s stock worth $6,519,000 after acquiring an additional 22,483 shares in the last quarter. Finally, Cim LLC acquired a new stake in shares of A.
O. Smith in the 4th quarter worth approximately $3,165,000. 76.
10% of the stock is owned by hedge funds and other institutional investors. A. O.
Smith Stock Performance NYSE:AOS opened at $76.91 on Friday. The company has a market cap of $11.
22 billion, a price-to-earnings ratio of 19.92, a price-to-earnings-growth ratio of 2.20 and a beta of 1.
15. The company has a quick ratio of 1.07, a current ratio of 1.
70 and a debt-to-equity ratio of 0.07. A.
O. Smith has a 52 week low of $64.14 and a 52 week high of $92.
44. The company has a fifty day simple moving average of $82.55 and a two-hundred day simple moving average of $84.
11. A. O.
Smith ( NYSE:AOS – Get Free Report ) last issued its quarterly earnings results on Tuesday, July 23rd. The industrial products company reported $1.06 earnings per share for the quarter, missing the consensus estimate of $1.
07 by ($0.01). The company had revenue of $1.
02 billion for the quarter, compared to analysts’ expectations of $1 billion. A. O.
Smith had a return on equity of 31.04% and a net margin of 14.67%.
A. O. Smith’s revenue for the quarter was up 6.
6% compared to the same quarter last year. During the same quarter last year, the company earned $1.01 EPS.
As a group, equities analysts anticipate that A. O. Smith will post 4.
07 earnings per share for the current fiscal year. A. O.
Smith Dividend Announcement The firm also recently announced a quarterly dividend, which was paid on Thursday, August 15th. Stockholders of record on Wednesday, July 31st were given a dividend of $0.32 per share.
The ex-dividend date of this dividend was Wednesday, July 31st. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.
66%. A. O.
Smith’s dividend payout ratio (DPR) is presently 33.16%. A.
O. Smith Company Profile ( Get Free Report 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. Recommended Stories Receive News & Ratings for A.
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