Parvin Asset Management LLC Has $969,000 Stake in A. O. Smith Corporation $AOS

Parvin Asset Management LLC boosted its holdings in A. O. Smith Corporation (NYSE:AOS) by 288.0% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 14,490 shares of the industrial products company’s stock after purchasing an additional 10,755 shares during the quarter. Parvin Asset Management LLC’s holdings in A. O. Smith were worth $969,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Creative Financial Designs Inc. ADV raised its position in shares of A. O. Smith by 3,481.8% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 394 shares of the industrial products company’s stock valued at $26,000 after buying an additional 383 shares in the last quarter. Rothschild Investment LLC raised its position in shares of A. O. Smith by 3,125.0% in the 3rd quarter. Rothschild Investment LLC now owns 387 shares of the industrial products company’s stock valued at $28,000 after buying an additional 375 shares in the last quarter. Torren Management LLC acquired a new position in shares of A. O. Smith in the 4th quarter valued at approximately $31,000. Eagle Bay Advisors LLC acquired a new position in shares of A. O. Smith in the 4th quarter valued at approximately $32,000. Finally, Los Angeles Capital Management LLC acquired a new position in shares of A. O. Smith in the 4th quarter valued at approximately $35,000. Institutional investors and hedge funds own 76.10% of the company’s stock.

A. O. Smith Stock Performance

Shares of AOS stock opened at $60.22 on Wednesday. The firm has a 50-day moving average of $60.55 and a 200-day moving average of $67.08. The company has a market cap of $8.30 billion, a P/E ratio of 16.02, a P/E/G ratio of 1.33 and a beta of 1.18. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.56 and a quick ratio of 1.00. A. O. Smith Corporation has a one year low of $54.16 and a one year high of $81.86.

A. O. Smith (NYSE:AOS) last announced its earnings results on Thursday, April 30th. The industrial products company reported $0.85 EPS for the quarter, missing the consensus estimate of $0.94 by ($0.09). A. O. Smith had a net margin of 13.84% and a return on equity of 28.42%. The firm had revenue of $945.60 million during the quarter, compared to analysts’ expectations of $974.06 million. During the same quarter in the prior year, the company earned $0.95 EPS. The business’s revenue for the quarter was down 1.9% on a year-over-year basis. A. O. Smith has set its FY 2026 guidance at 3.600-3.900 EPS. Equities research analysts forecast that A. O. Smith Corporation will post 3.77 EPS for the current fiscal year.

A. O. Smith Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Thursday, April 30th were issued a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date was Thursday, April 30th. A. O. Smith’s dividend payout ratio (DPR) is 38.30%.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on AOS shares. Weiss Ratings cut shares of A. O. Smith from a “hold (c)” rating to a “hold (c-)” rating in a research report on Wednesday, May 27th. DA Davidson set a $67.00 target price on shares of A. O. Smith and gave the stock a “neutral” rating in a report on Monday, May 4th. Robert W. Baird set a $70.00 target price on shares of A. O. Smith in a report on Friday, May 1st. The Goldman Sachs Group reduced their target price on shares of A. O. Smith from $69.00 to $61.00 and set a “sell” rating on the stock in a report on Monday, April 13th. Finally, Oppenheimer set a $75.00 target price on shares of A. O. Smith and gave the stock an “outperform” rating in a report on Wednesday, June 10th. Two investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, A. O. Smith has a consensus rating of “Reduce” and an average price target of $69.33.

A. O. Smith Company 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.