A. O. Smith Corporation $AOS Shares Sold by WealthPlan Investment Management LLC

WealthPlan Investment Management LLC cut its holdings in A. O. Smith Corporation (NYSE:AOS) by 51.3% in the fourth quarter, Holdings Channel reports. The institutional investor owned 21,576 shares of the industrial products company’s stock after selling 22,698 shares during the quarter. WealthPlan Investment Management LLC’s holdings in A. O. Smith were worth $1,443,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. Plus Group Wealth Advisors LLC purchased a new stake in shares of A. O. Smith during the fourth quarter worth approximately $306,000. Arbejdsmarkedets Tillaegspension acquired a new position in A. O. Smith during the fourth quarter worth $23,416,000. Cornerstone Wealth Management LLC lifted its position in A. O. Smith by 3.5% in the fourth quarter. Cornerstone Wealth Management LLC now owns 7,089 shares of the industrial products company’s stock valued at $474,000 after buying an additional 240 shares during the last quarter. Allworth Financial LP increased its holdings in A. O. Smith by 62.5% during the 4th quarter. Allworth Financial LP now owns 1,415 shares of the industrial products company’s stock worth $95,000 after purchasing an additional 544 shares during the period. Finally, Grey Ledge Advisors LLC increased its holdings in shares of A. O. Smith by 1.4% in the 4th quarter. Grey Ledge Advisors LLC now owns 8,966 shares of the industrial products company’s stock valued at $600,000 after acquiring an additional 128 shares during the last quarter. 76.10% of the stock is currently owned by hedge funds and other institutional investors.

A. O. Smith Stock Performance

Shares of AOS stock opened at $56.01 on Monday. The stock has a fifty day moving average price of $64.40 and a 200 day moving average price of $68.28. The stock has a market cap of $7.72 billion, a PE ratio of 14.90, a P/E/G ratio of 1.24 and a beta of 1.23. A. O. Smith Corporation has a 1 year low of $55.98 and a 1 year high of $81.86. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.00 and a current ratio of 1.56.

A. O. Smith (NYSE:AOS) last released its quarterly earnings results on Thursday, April 30th. The industrial products company reported $0.85 earnings per share for the quarter, missing the consensus estimate of $0.94 by ($0.09). The company had revenue of $945.60 million for the quarter, compared to analysts’ expectations of $974.06 million. A. O. Smith had a return on equity of 28.42% and a net margin of 13.84%.The business’s quarterly revenue was down 1.9% on a year-over-year basis. During the same period in the previous year, the business posted $0.95 EPS. A. O. Smith has set its FY 2026 guidance at 3.600-3.900 EPS. Sell-side analysts forecast that A. O. Smith Corporation will post 3.78 earnings per share for the current fiscal year.

A. O. Smith Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Thursday, April 30th were given a dividend of $0.36 per share. The ex-dividend date of this dividend was Thursday, April 30th. This represents a $1.44 annualized dividend and a yield of 2.6%. A. O. Smith’s dividend payout ratio (DPR) is presently 38.30%.

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. JPMorgan Chase & Co. restated an “underweight” rating and set a $60.00 price target (down from $65.00) on shares of A. O. Smith in a research note on Friday. Robert W. Baird set a $70.00 price objective on shares of A. O. Smith in a research report on Friday, May 1st. Stifel Nicolaus set a $75.00 price objective on shares of A. O. Smith in a research report on Friday, May 1st. DA Davidson set a $67.00 price objective on shares of A. O. Smith and gave the company a “neutral” rating in a research report on Monday, May 4th. Finally, Oppenheimer reiterated an “outperform” rating and issued a $80.00 price objective on shares of A. O. Smith in a research report on Friday, May 1st. Two equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, A. O. Smith currently has an average rating of “Reduce” and an average price target of $69.89.

Insiders Place Their Bets

In other A. O. Smith news, SVP Darrell W. Schuh sold 1,104 shares of the firm’s stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $74.39, for a total transaction of $82,126.56. Following the completion of the transaction, the senior vice president owned 2,201 shares of the company’s stock, valued at approximately $163,732.39. This trade represents a 33.40% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 0.50% of the company’s stock.

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.