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

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

AOS has been the subject of a number of other research reports. Citigroup reduced their price objective on A. O. Smith from $78.00 to $73.00 and set a "neutral" rating for the company in a research note on Monday, January 13th. StockNews.com raised A. O. Smith from a "hold" rating to a "buy" rating in a research note on Friday, January 31st. DA Davidson cut A. O. Smith from a "buy" rating to a "neutral" rating and set a $80.00 target price on the stock. in a report on Wednesday, October 23rd. UBS Group cut their price target on A. O. Smith from $80.00 to $74.00 and set a "neutral" rating for the company in a report on Friday, January 31st. Finally, Robert W. Baird dropped their price objective on A. O. Smith from $82.00 to $81.00 and set a "neutral" rating for the company in a research report on Wednesday, October 23rd. Five analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, A. O. Smith presently has an average rating of "Hold" and an average price target of $80.86.

A. O. Smith Stock Down 1.2 %

AOS traded down $0.81 on Wednesday, hitting $65.99. 1,097,764 shares of the company were exchanged, compared to its average volume of 1,548,583. The company has a current ratio of 1.55, a quick ratio of 0.96 and a debt-to-equity ratio of 0.10. The company has a market cap of $9.50 billion, a price-to-earnings ratio of 18.18, a price-to-earnings-growth ratio of 1.48 and a beta of 1.17. The firm has a 50-day moving average price of $68.44 and a two-hundred day moving average price of $75.40. A. O. Smith has a twelve month low of $64.55 and a twelve month high of $92.44.

A. O. Smith (NYSE:AOS - Get Free Report) last issued 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 return on equity of 28.87% and a net margin of 13.98%. On average, equities analysts predict that A. O. Smith will post 3.77 earnings per share for the current year.

Insider Activity at A. O. Smith

In other A. O. Smith news, VP Robert J. Heideman sold 1,026 shares of the firm's stock in a transaction dated 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 $583,562.85. This trade represents a 10.35 % decrease in their ownership of the stock. The transaction was disclosed in a document filed 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 that occurred on Friday, February 7th. The stock was sold at an average price of $65.65, for a total value of $27,507.35. Following the transaction, the senior vice president now directly owns 2,749 shares in the company, valued at $180,471.85. This trade represents a 13.23 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 2.70% of the stock is owned by insiders.

Institutional Trading of A. O. Smith

Hedge funds and other institutional investors have recently modified their holdings of the business. Toronto Dominion Bank boosted its stake in shares of A. O. Smith by 7.5% during the 4th quarter. Toronto Dominion Bank now owns 63,845 shares of the industrial products company's stock valued at $4,355,000 after buying an additional 4,469 shares during the last quarter. Voloridge Investment Management LLC raised its stake in shares of 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 valued at $42,787,000 after purchasing an additional 444,307 shares in the last quarter. Worldquant Millennium Advisors LLC lifted its position in shares of A. O. Smith by 924.7% during the fourth quarter. Worldquant Millennium Advisors LLC now owns 57,312 shares of the industrial products company's stock worth $3,909,000 after purchasing an additional 51,719 shares during the last quarter. Sone Capital Management LLC acquired a new position in A. O. Smith in the fourth quarter worth about $2,705,000. Finally, Squarepoint Ops LLC increased its holdings in A. O. Smith by 360.0% in the fourth quarter. Squarepoint Ops LLC now owns 343,692 shares of the industrial products company's stock valued at $23,443,000 after buying an additional 268,979 shares during the last quarter. 76.10% of the stock is owned by hedge funds and other institutional investors.

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.