FY2025 EPS Estimates for A. O. Smith Boosted by Analyst

A. O. Smith Co. (NYSE:AOS) – Investment analysts at DA Davidson raised their FY2025 earnings per share estimates for shares of A. O. Smith in a research note issued on Thursday, May 1st. DA Davidson analyst M. Summerville now expects that the industrial products company will earn $3.80 per share for the year, up from their prior estimate of $3.78. The consensus estimate for A. O. Smith’s current full-year earnings is $3.76 per share.

A. O. Smith (NYSE:AOS) last posted its quarterly earnings data on Tuesday, April 29th. The industrial products company reported $0.95 earnings per share for the quarter, topping the consensus estimate of $0.90 by $0.05. A. O. Smith had a net margin of 13.98% and a return on equity of 28.87%. The business had revenue of $963.90 million during the quarter, compared to analysts’ expectations of $950.56 million. During the same quarter in the prior year, the business posted $1.00 earnings per share. A. O. Smith’s revenue was down 1.5% compared to the same quarter last year.

Several other equities research analysts have also recently weighed in on the company. Oppenheimer cut their target price on A. O. Smith from $88.00 to $84.00 and set an “outperform” rating for the company in a research note on Friday, January 31st. UBS Group reduced their price objective on A. O. Smith from $80.00 to $74.00 and set a “neutral” rating on the stock in a research note on Friday, January 31st. Weiss Ratings reissued a “hold (c)” rating on shares of A. O. Smith in a research note on Thursday, April 24th. Citigroup reduced their price target on shares of A. O. Smith from $69.00 to $65.00 and set a “neutral” rating on the stock in a research note on Monday, April 14th. Finally, Stifel Nicolaus increased their price objective on shares of A. O. Smith from $75.00 to $78.00 and gave the company a “buy” rating in a research note on Wednesday, April 30th. Four research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat, A. O. Smith has an average rating of “Hold” and an average target price of $76.17.

A. O. Smith Stock Performance

NYSE AOS opened at $68.47 on Monday. The firm’s 50 day simple moving average is $65.35 and its 200 day simple moving average is $69.09. The firm has a market capitalization of $9.86 billion, a price-to-earnings ratio of 18.86, a P/E/G ratio of 1.46 and a beta of 1.28. The company has a current ratio of 1.55, a quick ratio of 0.96 and a debt-to-equity ratio of 0.10. A. O. Smith has a 1 year low of $58.83 and a 1 year high of $92.45.

A. O. Smith Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 15th. Stockholders of record on Wednesday, April 30th will be paid a $0.34 dividend. This represents a $1.36 annualized dividend and a dividend yield of 1.99%. The ex-dividend date is Wednesday, April 30th. A. O. Smith’s dividend payout ratio is currently 37.99%.

Insider Activity at A. O. Smith

In other A. O. Smith news, SVP Douglas Samuel Karge sold 419 shares of A. O. Smith stock in a transaction dated Friday, February 7th. The stock was sold at an average price of $65.65, for a total transaction of $27,507.35. Following the transaction, the senior vice president now directly owns 2,749 shares of the company’s stock, valued at approximately $180,471.85. The trade was a 13.23 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Robert J. Heideman sold 1,026 shares of the stock in a transaction dated Friday, February 7th. The shares were sold at an average price of $65.65, for a total value of $67,356.90. Following the completion of the sale, the vice president now directly owns 8,889 shares of the company’s stock, valued at approximately $583,562.85. The trade was a 10.35 % decrease in their position. The disclosure for this sale can be found here. 0.76% of the stock is owned by company insiders.

Institutional Investors Weigh In On A. O. Smith

A number of institutional investors have recently modified their holdings of AOS. Ridgewood Investments LLC acquired a new position in A. O. Smith in the fourth quarter valued at $60,000. New Age Alpha Advisors LLC bought a new position in shares of A. O. Smith in the 4th quarter worth about $66,000. Intact Investment Management Inc. bought a new position in shares of A. O. Smith in the 1st quarter worth about $72,000. Private Trust Co. NA lifted its stake in shares of A. O. Smith by 22.1% in the 1st quarter. Private Trust Co. NA now owns 1,181 shares of the industrial products company’s stock valued at $77,000 after purchasing an additional 214 shares during the period. Finally, Canada Post Corp Registered Pension Plan bought a new stake in shares of A. O. Smith during the 4th quarter valued at about $84,000. 76.10% of the stock is owned by institutional investors.

About A. O. Smith

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.