A. O. Smith Corporation $AOS Position Trimmed by Reinhart Partners LLC.

Reinhart Partners LLC. trimmed its holdings in shares of A. O. Smith Corporation (NYSE:AOS) by 10.4% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 91,963 shares of the industrial products company’s stock after selling 10,723 shares during the period. Reinhart Partners LLC. owned 0.07% of A. O. Smith worth $5,768,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Creative Financial Designs Inc. ADV lifted its holdings in A. O. Smith by 3,481.8% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 394 shares of the industrial products company’s stock worth $26,000 after acquiring an additional 383 shares during the last quarter. Torren Management LLC acquired a new stake in shares of A. O. Smith during the 4th quarter worth approximately $31,000. Eagle Bay Advisors LLC bought a new stake in shares of A. O. Smith in the 4th quarter worth approximately $32,000. Larson Financial Group LLC lifted its holdings in shares of A. O. Smith by 67.9% in the 3rd quarter. Larson Financial Group LLC now owns 487 shares of the industrial products company’s stock worth $36,000 after purchasing an additional 197 shares during the last quarter. Finally, Los Angeles Capital Management LLC acquired a new position in A. O. Smith during the 4th quarter valued at approximately $35,000. 76.10% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the company. Robert W. Baird set a $70.00 target price on A. O. Smith in a research report on Friday, May 1st. JPMorgan Chase & Co. reissued an “underweight” rating and set a $60.00 price target (down from $65.00) on shares of A. O. Smith in a report on Friday, May 15th. Oppenheimer set a $75.00 price target on shares of A. O. Smith and gave the stock an “outperform” rating in a research report on Wednesday, June 10th. Stifel Nicolaus dropped their price objective on shares of A. O. Smith from $76.00 to $70.00 and set a “buy” rating on the stock in a report on Friday, July 31st. Finally, DA Davidson set a $67.00 price objective on shares of A. O. Smith and gave the company a “neutral” rating in a research report on Monday, May 4th. Two equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Reduce” and a consensus target price of $67.75.

A. O. Smith Stock Up 1.6%

AOS opened at $63.98 on Friday. The stock’s 50 day moving average price is $60.09 and its 200 day moving average price is $65.09. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.59 and a quick ratio of 1.04. The stock has a market cap of $8.70 billion, a P/E ratio of 17.77, a P/E/G ratio of 1.40 and a beta of 1.17. A. O. Smith Corporation has a 12 month low of $54.16 and a 12 month high of $81.86.

A. O. Smith (NYSE:AOS) last announced its quarterly earnings results on Thursday, July 30th. The industrial products company reported $1.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.96 by $0.07. A. O. Smith had a return on equity of 27.88% and a net margin of 13.15%.The company had revenue of $1 billion during the quarter, compared to analyst estimates of $994.89 million. During the same quarter in the previous year, the firm posted $1.07 EPS. The firm’s quarterly revenue was down .7% on a year-over-year basis. A. O. Smith has set its FY 2026 guidance at 3.700-3.850 EPS. As a group, research analysts predict that A. O. Smith Corporation will post 3.74 earnings per share for the current year.

A. O. Smith Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, August 17th. Investors of record on Friday, July 31st will be given a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date is Friday, July 31st. A. O. Smith’s dividend payout ratio is currently 40.00%.

A. O. Smith Profile

A. O. Smith Corporation, based in Milwaukee, Wisconsin, is a leading manufacturer of water heating and water treatment products for residential and commercial applications. Since its founding in 1874, the company has built a reputation for producing reliable, energy-efficient water heaters, boilers and pressure vessels. Its product portfolio encompasses gas, electric, condensing and tankless water heaters, as well as specialty boilers designed to meet a variety of building and industrial needs.

The company operates through two primary segments: North America and Asia.