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

A. O. Smith Co. (NYSE:AOS) – Zacks Research cut their Q4 2024 earnings estimates for A. O. Smith in a research report issued on Tuesday, November 12th. Zacks Research analyst R. Department now forecasts that the industrial products company will post earnings of $0.90 per share 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.

A. O. Smith (NYSE:AOS) last released its quarterly earnings results on Tuesday, October 22nd. The industrial products company reported $0.82 earnings per share (EPS) for the quarter, hitting 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 company had revenue of $957.80 million during the quarter, compared to the consensus estimate of $960.36 million. During the same quarter in the prior year, the company posted $0.90 EPS.

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

A. O. Smith Stock Performance

Shares of NYSE AOS opened at $72.22 on Thursday. The business’s 50 day moving average is $80.59 and its two-hundred day moving average is $82.24. A. O. Smith has a 12 month low of $72.15 and a 12 month high of $92.44. The company has a quick ratio of 1.02, a current ratio of 1.67 and a debt-to-equity ratio of 0.06. The company has a market cap of $10.47 billion, a P/E ratio of 19.01, a P/E/G ratio of 1.94 and a beta of 1.17.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. grew its holdings in shares of A. O. Smith by 7.2% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,007 shares of the industrial products company’s stock valued at $164,000 after purchasing an additional 134 shares during the last quarter. Huntington National Bank grew its stake in shares of A. O. Smith by 19.8% during the third quarter. Huntington National Bank now owns 812 shares of the industrial products company’s stock worth $73,000 after buying an additional 134 shares during the last quarter. UMB Bank n.a. increased its holdings in shares of A. O. Smith by 12.5% during the third quarter. UMB Bank n.a. now owns 1,227 shares of the industrial products company’s stock worth $110,000 after buying an additional 136 shares in the last quarter. Algebris UK Ltd lifted its stake in shares of A. O. Smith by 2.3% in the 1st quarter. Algebris UK Ltd now owns 6,109 shares of the industrial products company’s stock valued at $506,000 after acquiring an additional 140 shares during the last quarter. Finally, Gateway Investment Advisers LLC boosted its holdings in shares of A. O. Smith by 5.0% during the 3rd quarter. Gateway Investment Advisers LLC now owns 2,989 shares of the industrial products company’s stock valued at $269,000 after acquiring an additional 142 shares in the last quarter. 76.10% of the stock is currently owned by institutional investors and hedge funds.

A. O. Smith Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Thursday, October 31st were issued a $0.34 dividend. This is a positive change from A. O. Smith’s previous quarterly dividend of $0.32. This represents a $1.36 annualized dividend and a yield of 1.88%. The ex-dividend date of this dividend was Thursday, October 31st. A. O. Smith’s dividend payout ratio (DPR) is currently 35.79%.

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.