Q4 2024 Earnings Estimate for A. O. Smith Co. (NYSE:AOS) Issued By Seaport Res Ptn

A. O. Smith Co. (NYSE:AOS) – Stock analysts at Seaport Res Ptn lifted their Q4 2024 earnings estimates for A. O. Smith in a research report issued on Thursday, April 25th. Seaport Res Ptn analyst S. Graham now forecasts that the industrial products company will post earnings of $1.04 per share for the quarter, up from their prior estimate of $1.02. The consensus estimate for A. O. Smith’s current full-year earnings is $4.09 per share. Seaport Res Ptn also issued estimates for A. O. Smith’s Q2 2025 earnings at $1.11 EPS and Q4 2025 earnings at $1.14 EPS.

Other equities research analysts have also recently issued research reports about the company. Jefferies Financial Group boosted their price target on A. O. Smith from $85.00 to $90.00 and gave the company a “hold” rating in a research note on Friday, April 12th. Robert W. Baird boosted their target price on shares of A. O. Smith from $86.00 to $92.00 and gave the stock a “neutral” rating in a research report on Friday. Oppenheimer restated a “market perform” rating on shares of A. O. Smith in a report on Thursday, April 18th. Citigroup upped their price objective on shares of A. O. Smith from $82.00 to $95.00 and gave the stock a “neutral” rating in a report on Monday, April 8th. Finally, StockNews.com lowered A. O. Smith from a “strong-buy” rating to a “buy” rating in a report on Wednesday, March 6th. Six investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat, A. O. Smith has an average rating of “Hold” and a consensus price target of $90.67.

A. O. Smith Stock Performance

Shares of AOS stock opened at $83.21 on Monday. A. O. Smith has a fifty-two week low of $63.88 and a fifty-two week high of $89.96. The stock’s 50-day moving average is $85.71 and its two-hundred day moving average is $79.98. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.65 and a quick ratio of 1.06. The firm has a market cap of $12.25 billion, a P/E ratio of 21.56, a PEG ratio of 2.26 and a beta of 1.25.

A. O. Smith (NYSE:AOS) last posted its quarterly earnings results on Thursday, April 25th. The industrial products company reported $1.00 EPS for the quarter, beating the consensus estimate of $0.99 by $0.01. A. O. Smith had a net margin of 14.94% and a return on equity of 30.94%. The business had revenue of $978.80 million for the quarter, compared to analysts’ expectations of $995.91 million. During the same period in the previous year, the company posted $0.94 EPS. A. O. Smith’s revenue was up 1.3% on a year-over-year basis.

Institutional Trading of A. O. Smith

Several institutional investors have recently made changes to their positions in the business. FinTrust Capital Advisors LLC boosted its stake in A. O. Smith by 628.0% in the 3rd quarter. FinTrust Capital Advisors LLC now owns 597 shares of the industrial products company’s stock valued at $39,000 after buying an additional 515 shares in the last quarter. Addison Advisors LLC grew its holdings in shares of A. O. Smith by 36.1% during the third quarter. Addison Advisors LLC now owns 712 shares of the industrial products company’s stock worth $47,000 after purchasing an additional 189 shares during the last quarter. Private Trust Co. NA grew its holdings in A. O. Smith by 393.1% during the 3rd quarter. Private Trust Co. NA now owns 858 shares of the industrial products company’s stock worth $57,000 after acquiring an additional 684 shares during the last quarter. Signaturefd LLC increased its holdings in shares of A. O. Smith by 25.5% in the fourth quarter. Signaturefd LLC now owns 961 shares of the industrial products company’s stock valued at $79,000 after purchasing an additional 195 shares in the last quarter. Finally, Covestor Ltd raised its position in shares of A. O. Smith by 39.2% during the third quarter. Covestor Ltd now owns 1,203 shares of the industrial products company’s stock worth $79,000 after acquiring an additional 339 shares during the last quarter. 76.10% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at A. O. Smith

In other news, VP Robert J. Heideman sold 9,890 shares of the firm’s stock in a transaction dated Tuesday, March 5th. The stock was sold at an average price of $84.63, for a total value of $836,990.70. Following the sale, the vice president now directly owns 9,455 shares of the company’s stock, valued at $800,176.65. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. In related news, Director Ajita G. Rajendra sold 60,258 shares of the stock in a transaction dated Monday, March 4th. The shares were sold at an average price of $84.51, for a total value of $5,092,403.58. Following the completion of the sale, the director now owns 56,951 shares in the company, valued at $4,812,929.01. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, VP Robert J. Heideman sold 9,890 shares of the business’s stock in a transaction dated Tuesday, March 5th. The shares were sold at an average price of $84.63, for a total value of $836,990.70. Following the transaction, the vice president now owns 9,455 shares in the company, valued at $800,176.65. The disclosure for this sale can be found here. In the last three months, insiders have sold 95,631 shares of company stock worth $8,042,535. 2.70% of the stock is owned by insiders.

A. O. Smith Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 15th. Investors of record on Tuesday, April 30th will be issued a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a dividend yield of 1.54%. The ex-dividend date is Monday, April 29th. A. O. Smith’s dividend payout ratio is currently 33.16%.

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.