Hillsdale Investment Management Inc. Grows Holdings in A. O. Smith Corporation $AOS

Hillsdale Investment Management Inc. grew its holdings in shares of A. O. Smith Corporation (NYSE:AOS) by 35.1% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 62,970 shares of the industrial products company’s stock after acquiring an additional 16,370 shares during the period. Hillsdale Investment Management Inc.’s holdings in A. O. Smith were worth $4,211,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Rothschild Investment LLC raised its position in shares of A. O. Smith by 3,125.0% during the 3rd quarter. Rothschild Investment LLC now owns 387 shares of the industrial products company’s stock valued at $28,000 after acquiring an additional 375 shares in the last quarter. Creative Financial Designs Inc. ADV raised its position in shares of A. O. Smith by 3,481.8% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 394 shares of the industrial products company’s stock valued at $26,000 after acquiring an additional 383 shares in the last quarter. Torren Management LLC acquired a new stake in shares of A. O. Smith during the 4th quarter valued at approximately $31,000. Eagle Bay Advisors LLC acquired a new stake in shares of A. O. Smith during the 4th quarter valued at approximately $32,000. Finally, Larson Financial Group LLC raised its position in shares of A. O. Smith by 67.9% during the 3rd quarter. Larson Financial Group LLC now owns 487 shares of the industrial products company’s stock valued at $36,000 after acquiring an additional 197 shares in the last quarter. 76.10% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other A. O. Smith news, SVP Darrell W. Schuh sold 1,104 shares of the stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $74.39, for a total value of $82,126.56. Following the sale, the senior vice president directly owned 2,201 shares of the company’s stock, valued at $163,732.39. This trade represents a 33.40% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.50% of the stock is owned by corporate insiders.

A. O. Smith Price Performance

Shares of NYSE AOS opened at $56.80 on Monday. A. O. Smith Corporation has a 1-year low of $54.16 and a 1-year high of $81.86. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.56 and a quick ratio of 1.00. The business’s fifty day moving average price is $62.22 and its two-hundred day moving average price is $67.66. The firm has a market capitalization of $7.83 billion, a PE ratio of 15.11, a P/E/G ratio of 1.25 and a beta of 1.18.

A. O. Smith (NYSE:AOS) last issued its 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). A. O. Smith had a return on equity of 28.42% and a net margin of 13.84%.The company had revenue of $945.60 million during the quarter, compared to analyst estimates of $974.06 million. During the same period in the prior year, the business earned $0.95 earnings per share. A. O. Smith’s quarterly revenue was down 1.9% on a year-over-year basis. A. O. Smith has set its FY 2026 guidance at 3.600-3.900 EPS. On average, research analysts expect that A. O. Smith Corporation will post 3.78 EPS for the current year.

A. O. Smith Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Thursday, April 30th were given a $0.36 dividend. The ex-dividend date of this dividend was Thursday, April 30th. This represents a $1.44 annualized dividend and a yield of 2.5%. A. O. Smith’s dividend payout ratio (DPR) is currently 38.30%.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on AOS shares. Robert W. Baird set a $70.00 price target on A. O. Smith in a research report on Friday, May 1st. Stifel Nicolaus set a $75.00 price target on A. O. Smith in a research report on Friday, May 1st. Zacks Research lowered A. O. Smith from a “hold” rating to a “strong sell” rating in a research report on Wednesday, May 6th. JPMorgan Chase & Co. reissued an “underweight” rating and set a $60.00 price target (down from $65.00) on shares of A. O. Smith in a research report on Friday, May 15th. Finally, DA Davidson set a $67.00 price target on A. O. Smith and gave the company a “neutral” rating in a research report on Monday, May 4th. Two research analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Reduce” and an average target price of $69.89.

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.