A. O. Smith's (AOS) Hold (C) Rating Reaffirmed at Weiss Ratings

A. O. Smith (NYSE:AOS - Get Free Report)'s stock had its "hold (c)" rating reissued by Weiss Ratings in a research report issued to clients and investors on Tuesday,Weiss Ratings reports.

Other equities analysts also recently issued reports about the company. UBS Group dropped their price objective on 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 decreased their price objective 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. Citigroup dropped their target price on shares of A. O. Smith from $78.00 to $73.00 and set a "neutral" rating for the company in a report on Monday, January 13th. StockNews.com raised shares of A. O. Smith from a "hold" rating to a "buy" rating in a report on Friday, January 31st. Finally, Oppenheimer dropped their price objective 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. Four 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 company has an average rating of "Hold" and a consensus price target of $79.33.

A. O. Smith Stock Performance

Shares of AOS stock traded up $1.59 during trading hours on Tuesday, reaching $64.46. 1,588,907 shares of the company's stock were exchanged, compared to its average volume of 1,117,644. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.55 and a quick ratio of 0.96. The company's 50 day moving average is $65.70 and its two-hundred day moving average is $71.27. The company has a market cap of $9.28 billion, a P/E ratio of 17.76, a price-to-earnings-growth ratio of 1.46 and a beta of 1.26. A. O. Smith has a 1 year low of $58.83 and a 1 year high of $92.45.

A. O. Smith (NYSE:AOS - Get Free Report) last released its earnings results 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%. Equities research analysts anticipate that A. O. Smith will post 3.76 EPS for the current fiscal year.

Insider Activity at A. O. Smith

In related news, VP Robert J. Heideman sold 1,026 shares of the 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 directly owns 8,889 shares of the company's stock, valued at approximately $583,562.85. This trade represents a 10.35 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Douglas Samuel Karge sold 419 shares of the business'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 sale, the senior vice president now directly owns 2,749 shares of the company's stock, valued at approximately $180,471.85. This trade represents a 13.23 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.76% of the company's stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of AOS. FMR LLC boosted its position in A. O. Smith by 180.2% during the 3rd quarter. FMR LLC now owns 125,384 shares of the industrial products company's stock worth $11,263,000 after purchasing an additional 80,632 shares during the period. Janus Henderson Group PLC grew its stake in shares of A. O. Smith by 72.8% in the third quarter. Janus Henderson Group PLC now owns 14,003 shares of the industrial products company's stock valued at $1,258,000 after buying an additional 5,900 shares in the last quarter. Quantinno Capital Management LP raised its holdings in shares of A. O. Smith by 6.9% during the 3rd quarter. Quantinno Capital Management LP now owns 22,255 shares of the industrial products company's stock valued at $1,999,000 after buying an additional 1,431 shares during the period. National Bank of Canada FI boosted its holdings in A. O. Smith by 84.5% in the 3rd quarter. National Bank of Canada FI now owns 61,239 shares of the industrial products company's stock worth $5,501,000 after acquiring an additional 28,045 shares during the period. Finally, XTX Topco Ltd acquired a new stake in A. O. Smith in the third quarter valued at approximately $524,000. 76.10% of the stock is owned by institutional investors and hedge funds.

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.