Regents Gate Capital LLP Purchases 66,387 Shares of A. O. Smith Corporation $AOS

Regents Gate Capital LLP grew its position in A. O. Smith Corporation (NYSE:AOS) by 33.6% in the 1st quarter, Holdings Channel reports. The institutional investor owned 263,951 shares of the industrial products company’s stock after purchasing an additional 66,387 shares during the quarter. A. O. Smith accounts for approximately 3.7% of Regents Gate Capital LLP’s investment portfolio, making the stock its 12th biggest holding. Regents Gate Capital LLP’s holdings in A. O. Smith were worth $17,405,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in AOS. Creative Financial Designs Inc. ADV grew its holdings in shares of A. O. Smith by 3,481.8% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 394 shares of the industrial products company’s stock valued at $26,000 after buying an additional 383 shares during the last quarter. Torren Management LLC bought a new stake in shares of A. O. Smith in the 4th quarter worth $31,000. Eagle Bay Advisors LLC bought a new stake in shares of A. O. Smith in the 4th quarter worth $32,000. Los Angeles Capital Management LLC purchased a new position in shares of A. O. Smith in the fourth quarter worth $35,000. Finally, Larson Financial Group LLC raised its stake in shares of A. O. Smith by 67.9% in the third quarter. Larson Financial Group LLC now owns 487 shares of the industrial products company’s stock worth $36,000 after purchasing an additional 197 shares during the last quarter. Institutional investors own 76.10% of the company’s stock.

A. O. Smith Trading Down 2.7%

Shares of NYSE:AOS opened at $58.92 on Friday. The stock’s 50-day simple moving average is $58.88 and its two-hundred day simple moving average is $65.93. The stock has a market capitalization of $8.12 billion, a price-to-earnings ratio of 15.67, a PEG ratio of 1.31 and a beta of 1.16. A. O. Smith Corporation has a 52-week low of $54.16 and a 52-week 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 EPS for the quarter, missing the consensus estimate of $0.94 by ($0.09). A. O. Smith had a net margin of 13.84% and a return on equity of 28.42%. The business had revenue of $945.60 million for the quarter, compared to analysts’ expectations of $974.06 million. During the same period in the previous year, the company earned $0.95 EPS. A. O. Smith’s revenue for the quarter was down 1.9% compared to the same quarter last year. A. O. Smith has set its FY 2026 guidance at 3.600-3.900 EPS. Analysts expect that A. O. Smith Corporation will post 3.74 EPS for the current year.

A. O. Smith Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, August 17th. Investors of record on Friday, July 31st will be given a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a yield of 2.4%. The ex-dividend date is Friday, July 31st. A. O. Smith’s payout ratio is 38.30%.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on AOS shares. Zacks Research cut 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 issued a $60.00 target price (down from $65.00) on shares of A. O. Smith in a research report on Friday, May 15th. Oppenheimer set a $75.00 target price on shares of A. O. Smith and gave the company an “outperform” rating in a research note on Wednesday, June 10th. Weiss Ratings downgraded shares of A. O. Smith from a “hold (c)” rating to a “hold (c-)” rating in a report on Wednesday, May 27th. Finally, The Goldman Sachs Group reduced their price target on shares of A. O. Smith from $69.00 to $61.00 and set a “sell” rating for the company in a research note on Monday, April 13th. Two research analysts have rated the stock with a Buy rating, six have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Reduce” and an average price target of $69.33.

A. O. Smith 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.