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

A. O. Smith Co. (NYSE:AOS) – Equities researchers at Zacks Research dropped their Q4 2024 earnings per share estimates for A. O. Smith in a report released 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 previous estimate 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 research analysts have also recently issued reports about the stock. Stifel Nicolaus decreased their price objective on shares of A. O. Smith from $92.00 to $91.00 and set a “buy” rating for the company in a report on Wednesday, October 23rd. StockNews.com raised A. O. Smith from a “hold” rating to a “buy” rating in a research note on Thursday, November 7th. Robert W. Baird dropped their price objective 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. UBS Group raised A. O. Smith from a “sell” rating to a “neutral” rating and raised their target price for the company from $75.00 to $80.00 in a research note on Wednesday, October 23rd. Finally, DA Davidson downgraded shares of A. O. Smith from a “buy” rating to a “neutral” rating and set a $80.00 price target for the company. in a 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. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $86.71.

A. O. Smith Stock Performance

AOS stock opened at $72.22 on Thursday. The company has a 50-day simple moving average of $80.59 and a 200 day simple moving average of $82.24. The company has a market capitalization of $10.47 billion, a P/E ratio of 19.01, a PEG ratio of 1.94 and a beta of 1.17. The company has a quick ratio of 1.02, a current ratio of 1.67 and a debt-to-equity ratio of 0.06. A. O. Smith has a fifty-two week low of $72.15 and a fifty-two week high of $92.44.

A. O. Smith (NYSE:AOS) last announced its earnings results on Tuesday, October 22nd. The industrial products company reported $0.82 earnings per share for the quarter, meeting the consensus estimate of $0.82. The firm had revenue of $957.80 million for the quarter, compared to the consensus estimate 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 quarter in the previous year, the business earned $0.90 EPS.

A. O. Smith Increases Dividend

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

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in A. O. Smith by 11.3% in the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 225,930 shares of the industrial products company’s stock worth $20,212,000 after purchasing an additional 22,859 shares during the period. Legacy Capital Wealth Partners LLC acquired a new stake in shares of A. O. Smith in the second quarter worth $228,000. Cetera Investment Advisers grew its holdings in shares of A. O. Smith by 222.0% during the first quarter. Cetera Investment Advisers now owns 25,255 shares of the industrial products company’s stock valued at $2,259,000 after buying an additional 17,411 shares in the last quarter. Intech Investment Management LLC raised its position in A. O. Smith by 84.8% during the first quarter. Intech Investment Management LLC now owns 51,518 shares of the industrial products company’s stock valued at $4,609,000 after buying an additional 23,640 shares during the period. Finally, Tidal Investments LLC lifted its stake in A. O. Smith by 119.8% in the 1st quarter. Tidal Investments LLC now owns 21,400 shares of the industrial products company’s stock worth $1,914,000 after acquiring an additional 11,663 shares in the last quarter. 76.10% of the stock is currently owned by institutional investors and hedge funds.

A. O. Smith Company Profile

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.