A. O. Smith Corp (AOS) Position Reduced by GSA Capital Partners LLP

GSA Capital Partners LLP trimmed its holdings in shares of A. O. Smith Corp (NYSE:AOS) by 46.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,656 shares of the industrial products company’s stock after selling 3,191 shares during the quarter. GSA Capital Partners LLP’s holdings in A. O. Smith were worth $217,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Toronto Dominion Bank boosted its holdings in shares of A. O. Smith by 11.8% in the 2nd quarter. Toronto Dominion Bank now owns 1,807 shares of the industrial products company’s stock worth $102,000 after purchasing an additional 191 shares in the last quarter. Tower Research Capital LLC TRC boosted its holdings in shares of A. O. Smith by 973.5% in the 2nd quarter. Tower Research Capital LLC TRC now owns 1,825 shares of the industrial products company’s stock worth $103,000 after purchasing an additional 1,655 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of A. O. Smith by 6.4% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,986 shares of the industrial products company’s stock worth $112,000 after purchasing an additional 119 shares in the last quarter. Mountain Capital Investment Advisors Inc purchased a new position in shares of A. O. Smith in the 2nd quarter worth about $124,000. Finally, ELCO Management Co. LLC purchased a new position in shares of A. O. Smith in the 2nd quarter worth about $206,000. Hedge funds and other institutional investors own 74.93% of the company’s stock.

A number of equities analysts have recently issued reports on the company. Zacks Investment Research upgraded A. O. Smith from a “sell” rating to a “hold” rating in a report on Thursday. Stifel Nicolaus reiterated a “hold” rating and issued a $59.00 price objective on shares of A. O. Smith in a report on Monday, December 11th. Robert W. Baird reiterated a “buy” rating and issued a $68.00 price objective on shares of A. O. Smith in a report on Friday, October 27th. Boenning Scattergood cut A. O. Smith from an “outperform” rating to a “neutral” rating in a report on Wednesday, October 25th. Finally, SunTrust Banks reiterated a “buy” rating and issued a $65.00 price objective on shares of A. O. Smith in a report on Thursday, October 12th. Five research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $62.40.

Shares of A. O. Smith Corp (AOS) opened at $65.32 on Friday. A. O. Smith Corp has a 52 week low of $46.44 and a 52 week high of $65.37. The company has a quick ratio of 1.92, a current ratio of 2.32 and a debt-to-equity ratio of 0.27. The firm has a market capitalization of $11,132.34, a PE ratio of 31.74, a PEG ratio of 2.17 and a beta of 1.55.

A. O. Smith (NYSE:AOS) last released its earnings results on Wednesday, October 25th. The industrial products company reported $0.54 earnings per share for the quarter, beating analysts’ consensus estimates of $0.53 by $0.01. A. O. Smith had a return on equity of 22.42% and a net margin of 12.18%. The company had revenue of $749.90 million during the quarter, compared to analyst estimates of $741.28 million. During the same quarter in the previous year, the company posted $0.47 EPS. A. O. Smith’s revenue for the quarter was up 9.7% on a year-over-year basis. analysts expect that A. O. Smith Corp will post 2.13 earnings per share for the current year.

In other news, insider Peter R. Martineau sold 22,267 shares of the business’s stock in a transaction dated Tuesday, October 31st. The stock was sold at an average price of $59.33, for a total value of $1,321,101.11. Following the completion of the sale, the insider now owns 17,528 shares of the company’s stock, valued at approximately $1,039,936.24. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Kevin J. Wheeler sold 13,293 shares of the company’s stock in a transaction that occurred on Wednesday, December 6th. The shares were sold at an average price of $61.49, for a total value of $817,386.57. Following the transaction, the insider now directly owns 30,748 shares of the company’s stock, valued at approximately $1,890,694.52. The disclosure for this sale can be found here. In the last three months, insiders sold 100,156 shares of company stock valued at $6,092,537. 1.27% of the stock is currently owned by corporate insiders.

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A. O. Smith Company Profile

A. O. Smith Corporation operates through two segments: North America and Rest of World. The Company’s Rest of World segment primarily consists of China, Europe and India. Both segments manufacture and market comprehensive lines of residential and commercial gas, gas tankless and electric water heaters, as well as water treatment products.

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Institutional Ownership by Quarter for A. O. Smith (NYSE:AOS)

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