A. O. Smith Co. (NYSE:AOS - Free Report) - Zacks Research reduced their Q4 2024 earnings estimates for A. O. Smith in a note issued to investors on Wednesday, December 11th. Zacks Research analyst R. Department now anticipates that the industrial products company will post earnings of $0.88 per share for the quarter, down from their prior forecast of $0.90. The consensus estimate for A. O. Smith's current full-year earnings is $3.78 per share. Zacks Research also issued estimates for A. O. Smith's Q1 2025 earnings at $0.96 EPS, Q2 2025 earnings at $1.08 EPS, Q3 2025 earnings at $0.91 EPS, FY2025 earnings at $3.94 EPS, Q1 2026 earnings at $1.04 EPS, Q2 2026 earnings at $1.17 EPS, Q3 2026 earnings at $1.04 EPS and FY2026 earnings at $4.35 EPS.
A. O. Smith (NYSE:AOS - Get Free Report) last released its quarterly earnings results on Tuesday, October 22nd. The industrial products company reported $0.82 earnings per share for the quarter, meeting analysts' consensus estimates of $0.82. The firm had revenue of $957.80 million during the quarter, compared to analysts' expectations of $960.36 million. A. O. Smith had a return on equity of 30.09% and a net margin of 14.41%. During the same period last year, the firm posted $0.90 EPS.
AOS has been the topic of a number of other reports. StockNews.com cut shares of A. O. Smith from a "buy" rating to a "hold" rating in a research note on Tuesday. DA Davidson cut A. O. Smith from a "buy" rating to a "neutral" rating and set a $80.00 price objective for the company. in a research note on Wednesday, October 23rd. Robert W. Baird cut their target price on A. O. Smith from $82.00 to $81.00 and set a "neutral" rating on the stock in a research note on Wednesday, October 23rd. Stifel Nicolaus lowered their price target on A. O. Smith from $91.00 to $90.00 and set a "buy" rating for the company in a research note on Wednesday. Finally, UBS Group upgraded shares of A. O. Smith from a "sell" rating to a "neutral" rating and increased their price target for the company from $75.00 to $80.00 in a research report on Wednesday, October 23rd. Seven research analysts have rated the stock with a hold rating and one has issued a buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $83.17.
View Our Latest Stock Analysis on AOS
A. O. Smith Trading Down 0.2 %
Shares of NYSE AOS traded down $0.12 during midday trading on Friday, hitting $72.51. The stock had a trading volume of 379,521 shares, compared to its average volume of 966,801. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.67 and a quick ratio of 1.02. A. O. Smith has a fifty-two week low of $70.73 and a fifty-two week high of $92.44. The firm has a market cap of $10.51 billion, a P/E ratio of 19.11, a price-to-earnings-growth ratio of 1.93 and a beta of 1.16. The company's 50-day simple moving average is $76.49 and its 200 day simple moving average is $80.68.
Hedge Funds Weigh In On A. O. Smith
A number of large investors have recently added to or reduced their stakes in the company. University of Texas Texas AM Investment Management Co. acquired a new position in shares of A. O. Smith during the 2nd quarter worth about $25,000. Isthmus Partners LLC bought a new position in shares of A. O. Smith in the second quarter valued at about $27,000. Quarry LP lifted its position in A. O. Smith by 214.9% during the second quarter. Quarry LP now owns 359 shares of the industrial products company's stock worth $29,000 after acquiring an additional 245 shares during the last quarter. Waldron Private Wealth LLC bought a new position in shares of A. O. Smith during the third quarter worth approximately $32,000. Finally, Wolff Wiese Magana LLC bought a new position in A. O. Smith during the 3rd quarter worth $37,000. Institutional investors own 76.10% of the company's stock.
A. O. Smith Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Thursday, October 31st were paid a $0.34 dividend. The ex-dividend date of this dividend was Thursday, October 31st. This represents a $1.36 dividend on an annualized basis and a yield of 1.88%. This is a positive change from A. O. Smith's previous quarterly dividend of $0.32. A. O. Smith's payout ratio is presently 35.79%.
About A. O. Smith
(
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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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