Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently sold shares of A. O. Smith Co. NYSE: AOS. In a filing disclosed on March 27th, the Representative disclosed that they had sold between $1,001 and $15,000 in A. O. Smith stock on February 25th. The trade occurred in the Representative's "JP MORGAN BROKERAGE ACCOUNT" account.
Representative Robert Bresnahan, Jr. also recently made the following trade(s):
- Purchased $1,001 - $15,000 in shares of Intuit NASDAQ: INTU on 3/7/2025.
- Sold $1,001 - $15,000 in shares of Tesla NASDAQ: TSLA on 3/6/2025.
- Purchased $1,001 - $15,000 in shares of SEA NYSE: SE on 3/5/2025.
- Sold $1,001 - $15,000 in shares of Credo Technology Group NASDAQ: CRDO on 3/4/2025.
- Purchased $1,001 - $15,000 in shares of Meta Platforms NASDAQ: META on 3/4/2025.
- Purchased $1,001 - $15,000 in shares of Twilio NYSE: TWLO on 3/4/2025.
- Sold $15,001 - $50,000 in shares of Alibaba Group NYSE: BABA on 3/4/2025.
- Purchased $1,001 - $15,000 in shares of Zoom Video Communications NASDAQ: ZM on 3/4/2025.
- Purchased $1,001 - $15,000 in shares of Intel NASDAQ: INTC on 3/3/2025.
- Purchased $1,001 - $15,000 in shares of Snowflake NYSE: SNOW on 3/3/2025.
A. O. Smith Price Performance
Shares of AOS traded up $0.18 during mid-day trading on Wednesday, reaching $65.78. 261,176 shares of the stock traded hands, compared to its average volume of 1,084,160. The company has a market cap of $9.47 billion, a price-to-earnings ratio of 18.12, a price-to-earnings-growth ratio of 1.46 and a beta of 1.18. A. O. Smith Co. has a 1 year low of $64.55 and a 1 year high of $92.45. The firm has a fifty day moving average price of $67.02 and a 200 day moving average price of $72.71. The company has a current ratio of 1.55, a quick ratio of 0.96 and a debt-to-equity ratio of 0.10.
A. O. Smith (NYSE:AOS - Get Free Report) last posted its earnings results on Thursday, January 30th. The industrial products company reported $0.85 EPS for the quarter, missing the consensus estimate of $0.90 by ($0.05). A. O. Smith had a return on equity of 28.87% and a net margin of 13.98%. As a group, equities research analysts predict that A. O. Smith Co. will post 3.76 earnings per share for the current year.
A. O. Smith Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Tuesday, February 18th. Shareholders of record on Friday, January 31st were paid a $0.34 dividend. This represents a $1.36 annualized dividend and a yield of 2.07%. The ex-dividend date of this dividend was Friday, January 31st. A. O. Smith's dividend payout ratio is presently 37.47%.
Wall Street Analyst Weigh In
Several analysts have weighed in on the stock. UBS Group lowered their price target on shares of A. O. Smith from $80.00 to $74.00 and set a "neutral" rating for the company in a research note on Friday, January 31st. Citigroup cut their price target on shares of A. O. Smith from $78.00 to $73.00 and set a "neutral" rating on the stock in a report on Monday, January 13th. Stifel Nicolaus decreased their price objective on shares of A. O. Smith from $90.00 to $84.00 and set a "buy" rating for the company in a report on Friday, January 31st. Weiss Ratings reiterated a "hold (c)" rating on shares of A. O. Smith in a research report on Saturday, March 22nd. Finally, Oppenheimer decreased their price target on shares of A. O. Smith from $88.00 to $84.00 and set an "outperform" rating for the company in a research note on Friday, January 31st. Five analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $80.86.
View Our Latest Research Report on AOS
Insider Activity
In other A. O. Smith news, VP Robert J. Heideman sold 1,026 shares of the company's stock in a transaction on Friday, February 7th. The stock was sold at an average price of $65.65, for a total value of $67,356.90. Following the transaction, the vice president now owns 8,889 shares of the company's stock, valued at $583,562.85. This represents a 10.35 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP Douglas Samuel Karge sold 419 shares of the business's stock in a transaction on Friday, February 7th. The shares were sold at an average price of $65.65, for a total transaction of $27,507.35. Following the sale, the senior vice president now directly owns 2,749 shares of the company's stock, valued at $180,471.85. This represents a 13.23 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.76% of the company's stock.
Hedge Funds Weigh In On A. O. Smith
Institutional investors have recently made changes to their positions in the business. Norges Bank bought a new position in A. O. Smith in the fourth quarter worth approximately $96,180,000. Invesco Ltd. lifted its position in shares of A. O. Smith by 26.8% in the fourth quarter. Invesco Ltd. now owns 4,704,295 shares of the industrial products company's stock worth $320,880,000 after buying an additional 995,043 shares in the last quarter. KBC Group NV boosted its stake in A. O. Smith by 40.1% during the fourth quarter. KBC Group NV now owns 1,648,825 shares of the industrial products company's stock valued at $112,467,000 after buying an additional 471,990 shares during the last quarter. Voloridge Investment Management LLC increased its stake in A. O. Smith by 242.8% in the 4th quarter. Voloridge Investment Management LLC now owns 627,282 shares of the industrial products company's stock worth $42,787,000 after acquiring an additional 444,307 shares during the last quarter. Finally, First Trust Advisors LP raised its holdings in shares of A. O. Smith by 19.0% during the 4th quarter. First Trust Advisors LP now owns 2,618,191 shares of the industrial products company's stock worth $178,587,000 after acquiring an additional 417,595 shares in the last quarter. Institutional investors own 76.10% of the company's stock.
About Representative Bresnahan
Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania's 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania's 8th Congressional District. He declared candidacy for the 2026 election.
Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.
A. O. Smith Company Profile
(
Get Free Report)
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.
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