4,100 Shares in A. O. Smith Co. (NYSE:AOS) Acquired by United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund

United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund acquired a new position in shares of A. O. Smith Co. (NYSE:AOS - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 4,100 shares of the industrial products company's stock, valued at approximately $280,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Brooklyn Investment Group purchased a new position in A. O. Smith during the third quarter valued at approximately $43,000. Truvestments Capital LLC acquired a new position in shares of A. O. Smith in the third quarter worth $55,000. Ridgewood Investments LLC purchased a new stake in shares of A. O. Smith during the fourth quarter worth $60,000. Transamerica Financial Advisors Inc. acquired a new stake in A. O. Smith during the third quarter valued at $82,000. Finally, Signaturefd LLC grew its stake in A. O. Smith by 40.0% in the fourth quarter. Signaturefd LLC now owns 1,299 shares of the industrial products company's stock valued at $89,000 after purchasing an additional 371 shares in the last quarter. Hedge funds and other institutional investors own 76.10% of the company's stock.

Wall Street Analysts Forecast Growth

AOS has been the subject of several recent research reports. Weiss Ratings reissued a "hold (c)" rating on shares of A. O. Smith in a research note on Saturday, March 22nd. Citigroup dropped 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 research note on Monday, January 13th. UBS Group reduced their price objective 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. Stifel Nicolaus lowered their target price on shares of A. O. Smith from $90.00 to $84.00 and set a "buy" rating on the stock in a research report on Friday, January 31st. Finally, Oppenheimer decreased their price target on 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 investment analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $80.86.

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Insider Activity at A. O. Smith

In other A. O. Smith news, SVP Douglas Samuel Karge sold 419 shares of the firm's stock in a transaction dated Friday, February 7th. The shares were sold at an average price of $65.65, for a total value of $27,507.35. Following the completion of the sale, the senior vice president now owns 2,749 shares in the company, valued at approximately $180,471.85. This trade represents a 13.23 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, VP Robert J. Heideman sold 1,026 shares of the business's stock in a transaction that occurred on Friday, February 7th. The stock was sold at an average price of $65.65, for a total transaction of $67,356.90. Following the completion of the transaction, the vice president now owns 8,889 shares of the company's stock, valued at $583,562.85. This trade represents a 10.35 % decrease in their position. The disclosure for this sale can be found here. 0.76% of the stock is currently owned by insiders.

A. O. Smith Stock Performance

NYSE:AOS opened at $65.33 on Tuesday. The firm's 50-day moving average is $67.16 and its 200-day moving average is $72.82. The company has a market cap of $9.40 billion, a price-to-earnings ratio of 18.00, a PEG ratio of 1.46 and a beta of 1.18. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.96 and a current ratio of 1.55. A. O. Smith Co. has a 52-week low of $64.55 and a 52-week high of $92.45.

A. O. Smith (NYSE:AOS - Get Free Report) last announced 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 return on equity of 28.87% and a net margin of 13.98%. Equities research analysts anticipate that A. O. Smith Co. will post 3.76 earnings per share for the current year.

A. O. Smith Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, February 18th. Stockholders of record on Friday, January 31st were issued a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a dividend yield of 2.08%. The ex-dividend date of this dividend was Friday, January 31st. A. O. Smith's payout ratio is 37.47%.

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.