Robeco Institutional Asset Management B.V. Sells 6,775 Shares of A. O. Smith Co. (NYSE:AOS)

Robeco Institutional Asset Management B.V. cut its holdings in A. O. Smith Co. (NYSE:AOS - Free Report) by 7.9% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 78,494 shares of the industrial products company's stock after selling 6,775 shares during the period. Robeco Institutional Asset Management B.V. owned approximately 0.05% of A. O. Smith worth $5,354,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Northwestern Mutual Wealth Management Co. raised its position in A. O. Smith by 7.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,007 shares of the industrial products company's stock valued at $164,000 after purchasing an additional 134 shares in the last quarter. Huntington National Bank raised its holdings in shares of A. O. Smith by 19.8% during the 3rd quarter. Huntington National Bank now owns 812 shares of the industrial products company's stock worth $73,000 after buying an additional 134 shares in the last quarter. UMB Bank n.a. lifted its position in shares of A. O. Smith by 12.5% during the 3rd quarter. UMB Bank n.a. now owns 1,227 shares of the industrial products company's stock worth $110,000 after buying an additional 136 shares during the last quarter. Gateway Investment Advisers LLC boosted its stake in A. O. Smith by 5.0% in the third quarter. Gateway Investment Advisers LLC now owns 2,989 shares of the industrial products company's stock valued at $269,000 after buying an additional 142 shares in the last quarter. Finally, OneDigital Investment Advisors LLC grew its position in A. O. Smith by 5.1% in the third quarter. OneDigital Investment Advisors LLC now owns 3,240 shares of the industrial products company's stock valued at $291,000 after acquiring an additional 156 shares during the last quarter. 76.10% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the stock. DA Davidson downgraded shares of A. O. Smith from a "buy" rating to a "neutral" rating and set a $80.00 price objective for the company. in a research note on Wednesday, October 23rd. Citigroup cut their target price on shares of A. O. Smith from $78.00 to $73.00 and set a "neutral" rating on the stock in a research report on Monday, January 13th. Weiss Ratings restated a "hold (c)" rating on shares of A. O. Smith in a research report on Saturday, February 1st. UBS Group cut their price target on shares of A. O. Smith from $80.00 to $74.00 and set a "neutral" rating on the stock in a report on Friday, January 31st. Finally, StockNews.com raised shares of A. O. Smith from a "hold" rating to a "buy" rating in a research note on Friday, January 31st. Five analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, A. O. Smith has an average rating of "Hold" and an average target price of $80.86.

A. O. Smith Trading Down 0.2 %

Shares of AOS traded down $0.14 during trading hours on Thursday, hitting $65.50. 1,238,955 shares of the stock were exchanged, compared to its average volume of 1,525,223. A. O. Smith Co. has a fifty-two week low of $64.94 and a fifty-two week high of $92.44. The business has a 50-day moving average of $70.04 and a 200-day moving average of $76.73. The firm has a market capitalization of $9.50 billion, a P/E ratio of 18.05, a price-to-earnings-growth ratio of 1.49 and a beta of 1.17. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.55 and a quick ratio of 0.96.

A. O. Smith (NYSE:AOS - Get Free Report) last issued its quarterly earnings results on Thursday, January 30th. The industrial products company reported $0.85 earnings per share for the quarter, missing analysts' consensus estimates of $0.90 by ($0.05). A. O. Smith had a return on equity of 28.87% and a net margin of 13.98%. On average, research analysts expect that A. O. Smith Co. will post 3.76 EPS for the current year.

A. O. Smith Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, February 18th. Shareholders of record on Friday, January 31st will be paid a $0.34 dividend. This represents a $1.36 annualized dividend and a yield of 2.08%. The ex-dividend date is Friday, January 31st. A. O. Smith's dividend payout ratio (DPR) is presently 37.47%.

A. O. Smith Company Profile

A. O. Smith Corporation manufactures and markets residential and commercial gas and electric water heaters, boilers, heat pumps, tanks, and water treatment products in North America, China, Europe, and India. The company offers water heaters for residences, restaurants, hotels, office buildings, laundries, car washes, and small businesses; boilers for hospitals, schools, hotels, and other large commercial buildings, as well as homes, apartments, and condominiums; and water treatment products comprising point-of-entry water softeners, well water solutions, and whole-home water filtration products, and point-of-use carbon and reverse osmosis products for residences, restaurants, hotels, and offices.