Q4 EPS Estimates for A. O. Smith Reduced by Zacks Research

A. O. Smith Co. (NYSE:AOS) – Zacks Research decreased their Q4 2024 EPS estimates for A. O. Smith in a report issued on Tuesday, November 12th. Zacks Research analyst R. Department now anticipates that the industrial products company will post earnings per share of $0.90 for the quarter, down from their prior forecast of $1.06. 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 Q2 2025 earnings at $1.10 EPS, Q3 2025 earnings at $0.92 EPS, FY2025 earnings at $3.98 EPS and Q3 2026 earnings at $1.05 EPS.

Other equities analysts also recently issued research reports about the stock. UBS Group raised shares of A. O. Smith from a “sell” rating to a “neutral” rating and lifted their price objective for the stock from $75.00 to $80.00 in a report on Wednesday, October 23rd. Stifel Nicolaus dropped their price objective on shares of A. O. Smith from $92.00 to $91.00 and set a “buy” rating on the stock in a research note on Wednesday, October 23rd. Robert W. Baird decreased their target price on A. O. Smith from $82.00 to $81.00 and set a “neutral” rating for the company in a research note on Wednesday, October 23rd. StockNews.com upgraded A. O. Smith from a “hold” rating to a “buy” rating in a research report on Thursday, November 7th. Finally, DA Davidson lowered A. O. Smith from a “buy” rating to a “neutral” rating and set a $80.00 price objective for the company. in a research report on Wednesday, October 23rd. Six equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, A. O. Smith has a consensus rating of “Hold” and a consensus target price of $86.71.

A. O. Smith Trading Down 0.1 %

NYSE:AOS opened at $73.03 on Thursday. A. O. Smith has a one year low of $72.62 and a one year high of $92.44. The business’s 50-day simple moving average is $80.68 and its 200 day simple moving average is $82.32. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.02 and a current ratio of 1.67. The stock has a market cap of $10.59 billion, a price-to-earnings ratio of 19.22, a price-to-earnings-growth ratio of 1.94 and a beta of 1.17.

A. O. Smith (NYSE:AOS) last released its quarterly earnings data on Tuesday, October 22nd. The industrial products company reported $0.82 earnings per share for the quarter, meeting the consensus estimate of $0.82. A. O. Smith had a return on equity of 30.09% and a net margin of 14.41%. The business had revenue of $957.80 million for the quarter, compared to analyst estimates of $960.36 million. During the same period in the previous year, the company posted $0.90 EPS.

A. O. Smith Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 15th. Stockholders of record on Thursday, October 31st will be issued a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a dividend yield of 1.86%. This is a positive change from A. O. Smith’s previous quarterly dividend of $0.32. The ex-dividend date of this dividend is Thursday, October 31st. A. O. Smith’s dividend payout ratio (DPR) is 35.79%.

Institutional Trading of A. O. Smith

A number of institutional investors have recently made changes to their positions in AOS. Select Equity Group L.P. increased its stake in shares of A. O. Smith by 11.6% during the second quarter. Select Equity Group L.P. now owns 3,852,467 shares of the industrial products company’s stock valued at $315,055,000 after acquiring an additional 400,304 shares during the period. Fisher Asset Management LLC boosted its stake in A. O. Smith by 3.9% during the 3rd quarter. Fisher Asset Management LLC now owns 2,302,659 shares of the industrial products company’s stock valued at $206,848,000 after purchasing an additional 87,458 shares in the last quarter. Earnest Partners LLC increased its position in shares of A. O. Smith by 3.7% during the 2nd quarter. Earnest Partners LLC now owns 2,046,798 shares of the industrial products company’s stock valued at $167,387,000 after purchasing an additional 72,856 shares during the period. Sei Investments Co. raised its stake in shares of A. O. Smith by 5.0% in the 2nd quarter. Sei Investments Co. now owns 1,393,519 shares of the industrial products company’s stock worth $113,962,000 after buying an additional 66,933 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of A. O. Smith by 1.7% in the second quarter. Dimensional Fund Advisors LP now owns 1,194,731 shares of the industrial products company’s stock valued at $97,708,000 after buying an additional 19,890 shares during the period. 76.10% of the stock is owned by institutional investors and hedge funds.

About A. O. Smith

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.