Elo Mutual Pension Insurance Co Has $1.09 Million Stock Holdings in A. O. Smith Co. (NYSE:AOS)

Elo Mutual Pension Insurance Co lifted its holdings in A. O. Smith Co. (NYSE:AOS - Free Report) by 48.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 15,912 shares of the industrial products company's stock after purchasing an additional 5,218 shares during the period. Elo Mutual Pension Insurance Co's holdings in A. O. Smith were worth $1,085,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of AOS. Wilmington Savings Fund Society FSB acquired a new position in A. O. Smith during the third quarter valued at approximately $1,726,000. Charles Schwab Investment Management Inc. raised its holdings in A. O. Smith by 1.0% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,231,084 shares of the industrial products company's stock worth $83,972,000 after acquiring an additional 12,305 shares during the period. Geode Capital Management LLC lifted its position in A. O. Smith by 1.5% during the 3rd quarter. Geode Capital Management LLC now owns 3,586,905 shares of the industrial products company's stock worth $321,348,000 after acquiring an additional 52,593 shares during the last quarter. Assetmark Inc. boosted its holdings in A. O. Smith by 7.1% during the fourth quarter. Assetmark Inc. now owns 27,825 shares of the industrial products company's stock valued at $1,898,000 after acquiring an additional 1,834 shares during the period. Finally, Private Advisor Group LLC grew its position in shares of A. O. Smith by 124.5% in the fourth quarter. Private Advisor Group LLC now owns 6,694 shares of the industrial products company's stock valued at $457,000 after purchasing an additional 3,712 shares during the last quarter. 76.10% of the stock is currently owned by institutional investors.

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Insider Activity

In other news, 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 value of $27,507.35. Following the sale, the senior vice president now owns 2,749 shares of the company's stock, valued at $180,471.85. The trade was a 13.23 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, VP Robert J. Heideman sold 1,026 shares of A. O. Smith stock in a transaction on Friday, February 7th. The shares were sold at an average price of $65.65, for a total transaction of $67,356.90. Following the completion of the sale, the vice president now owns 8,889 shares in the company, valued at $583,562.85. The trade was a 10.35 % 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.

A. O. Smith Trading Down 2.7 %

NYSE:AOS traded down $1.74 during trading hours on Friday, hitting $61.92. The stock had a trading volume of 1,853,079 shares, compared to its average volume of 1,095,660. The business's 50 day moving average is $66.60 and its 200-day moving average is $72.47. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.96 and a current ratio of 1.55. The company has a market cap of $8.91 billion, a price-to-earnings ratio of 17.06, a P/E/G ratio of 1.46 and a beta of 1.26. A. O. Smith Co. has a one year low of $61.59 and a one year high of $92.45.

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

A. O. Smith Announces Dividend

The company also recently declared 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 dividend yield of 2.20%. The ex-dividend date of this dividend was Friday, January 31st. A. O. Smith's dividend payout ratio is 37.47%.

Wall Street Analyst Weigh In

Several research firms recently weighed in on AOS. UBS Group cut their price objective on A. O. Smith from $80.00 to $74.00 and set a "neutral" rating for the company in a research report on Friday, January 31st. Stifel Nicolaus cut their price target on A. O. Smith from $90.00 to $84.00 and set a "buy" rating for the company in a report on Friday, January 31st. Citigroup dropped 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. Oppenheimer reduced 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 report on Friday, January 31st. Finally, Weiss Ratings restated a "hold (c)" rating on shares of A. O. Smith in a report on Saturday, March 22nd. Five analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $80.86.

A. O. Smith 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.