Healthcare of Ontario Pension Plan Trust Fund Has $2.31 Million Stock Position in A. O. Smith Corporation $AOS

Healthcare of Ontario Pension Plan Trust Fund raised its stake in A. O. Smith Corporation (NYSE:AOS) by 682.5% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 35,063 shares of the industrial products company’s stock after buying an additional 30,582 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund’s holdings in A. O. Smith were worth $2,312,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Renaissance Technologies LLC increased its position in shares of A. O. Smith by 17.7% during the first quarter. Renaissance Technologies LLC now owns 744,400 shares of the industrial products company’s stock worth $49,086,000 after acquiring an additional 111,700 shares in the last quarter. Compound Planning Inc. lifted its position in A. O. Smith by 10.6% in the 1st quarter. Compound Planning Inc. now owns 3,430 shares of the industrial products company’s stock valued at $226,000 after acquiring an additional 329 shares in the last quarter. Sei Investments Co. lifted its position in A. O. Smith by 0.4% in the 1st quarter. Sei Investments Co. now owns 1,346,863 shares of the industrial products company’s stock valued at $88,812,000 after acquiring an additional 5,175 shares in the last quarter. First Trust Advisors LP boosted its stake in A. O. Smith by 10.4% in the 1st quarter. First Trust Advisors LP now owns 2,168,894 shares of the industrial products company’s stock worth $143,017,000 after purchasing an additional 203,846 shares during the period. Finally, PNC Financial Services Group Inc. boosted its stake in A. O. Smith by 40.1% in the 1st quarter. PNC Financial Services Group Inc. now owns 37,509 shares of the industrial products company’s stock worth $2,473,000 after purchasing an additional 10,727 shares during the period. Institutional investors and hedge funds own 76.10% of the company’s stock.

Analysts Set New Price Targets

Several research firms have issued reports on AOS. Stifel Nicolaus dropped their price target on A. O. Smith from $76.00 to $70.00 and set a “buy” rating on the stock in a research note on Friday. DA Davidson set a $67.00 price objective on A. O. Smith and gave the stock a “neutral” rating in a report on Monday, May 4th. Robert W. Baird set a $70.00 target price on A. O. Smith in a research note on Friday, May 1st. Oppenheimer set a $75.00 price target on A. O. Smith and gave the stock an “outperform” rating in a research report on Wednesday, June 10th. Finally, The Goldman Sachs Group decreased 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 investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Reduce” and a consensus target price of $67.75.

More A. O. Smith News

Here are the key news stories impacting A. O. Smith this week:

• Positive Sentiment: Second-quarter results exceeded expectations. A. O. Smith reported adjusted EPS of $1.03, above the $0.96 consensus estimate, while sales of approximately $1.0 billion also topped forecasts. North America sales rose 5% to $820.5 million, supported by the Leonard Valve acquisition, 21% boiler sales growth and pricing actions. A. O. Smith Reports Second Quarter 2026 Results
• Positive Sentiment: Cash generation and shareholder returns improved. Year-to-date operating cash flow increased 42% to $254 million, free cash flow climbed 67% to $233 million, and the company raised its 2026 share-repurchase target to $300 million. A. O. Smith also declared a quarterly dividend of $0.36 per share. A. O. Smith Q2 Sales Report
• Neutral Sentiment: Full-year guidance remains broadly in line with expectations. Management reiterated adjusted EPS guidance of $3.70 to $3.85 and sales growth of 2% to 3%; the midpoint is close to the analyst consensus. The company’s earnings beat and boiler momentum provide support, but the outlook does not represent a major upward revision. A. O. Smith Q2 Earnings and Revenues Top Estimates
• Negative Sentiment: International weakness and costs remain concerns. Rest of World sales fell 19%, primarily because of continued weakness in China’s consumer-appliance market. Quarterly revenue declined slightly year over year, adjusted EPS was below the prior-year result, and higher input costs pressured profitability. A. O. Smith Q2 Earnings Beat Estimates
• Negative Sentiment: Analysts lowered their valuation targets. Citigroup cut its target to $64 from $65 and kept a neutral rating, while Stifel reduced its target to $70 from $76 but maintained a buy rating. The reductions may limit upside sentiment despite both targets remaining above the recent trading level. Analyst Price Target Changes

A. O. Smith Price Performance

NYSE:AOS opened at $60.31 on Friday. A. O. Smith Corporation has a 52-week low of $54.16 and a 52-week high of $81.86. The company has a market cap of $8.31 billion, a P/E ratio of 16.75, a P/E/G ratio of 1.33 and a beta of 1.16. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.00 and a current ratio of 1.59. The stock’s 50-day simple moving average is $59.56 and its 200 day simple moving average is $65.39.

A. O. Smith (NYSE:AOS) last issued its quarterly earnings results on Thursday, July 30th. The industrial products company reported $1.03 EPS for the quarter, beating the consensus estimate of $0.96 by $0.07. The firm had revenue of $1 billion during the quarter, compared to analysts’ expectations of $994.89 million. A. O. Smith had a return on equity of 27.88% and a net margin of 13.15%.The business’s quarterly revenue was down .7% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.07 earnings per share. A. O. Smith has set its FY 2026 guidance at 3.700-3.850 EPS. As a group, sell-side analysts forecast that A. O. Smith Corporation will post 3.74 EPS for the current fiscal year.

A. O. Smith Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 17th. Stockholders of record on Friday, July 31st will be issued a $0.36 dividend. This represents a $1.44 annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend is Friday, July 31st. A. O. Smith’s dividend payout ratio is presently 38.30%.

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.