Zacks Research Forecasts Increased Earnings for A. O. Smith

A. O. Smith Corporation (NYSE:AOS) – Stock analysts at Zacks Research increased their Q3 2027 earnings per share estimates for shares of A. O. Smith in a research report issued to clients and investors on Wednesday, January 21st. Zacks Research analyst Team now forecasts that the industrial products company will post earnings of $1.11 per share for the quarter, up from their prior estimate of $1.10. The consensus estimate for A. O. Smith’s current full-year earnings is $3.76 per share.

Several other brokerages have also recently commented on AOS. Robert W. Baird set a $76.00 target price on A. O. Smith in a report on Wednesday, October 29th. Weiss Ratings reiterated a “hold (c)” rating on shares of A. O. Smith in a report on Wednesday, December 24th. Jefferies Financial Group set a $75.00 target price on shares of A. O. Smith and gave the company a “hold” rating in a research note on Friday, January 9th. Wall Street Zen upgraded A. O. Smith from a “hold” rating to a “buy” rating in a report on Saturday, October 18th. Finally, DA Davidson reiterated a “neutral” rating and issued a $75.00 price target on shares of A. O. Smith in a research report on Thursday, November 13th. Two equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $76.50.

A. O. Smith Trading Down 0.9%

Shares of NYSE:AOS opened at $72.45 on Monday. The company has a 50 day moving average of $68.04 and a 200-day moving average of $69.62. The company has a current ratio of 1.54, a quick ratio of 0.95 and a debt-to-equity ratio of 0.09. The firm has a market cap of $10.09 billion, a P/E ratio of 19.53, a P/E/G ratio of 1.47 and a beta of 1.35. A. O. Smith has a twelve month low of $58.83 and a twelve month high of $77.31.

A. O. Smith (NYSE:AOS) last issued its quarterly earnings data on Tuesday, October 28th. The industrial products company reported $0.94 earnings per share for the quarter, beating analysts’ consensus estimates of $0.89 by $0.05. The business had revenue of $942.50 million for the quarter, compared to analysts’ expectations of $946.33 million. A. O. Smith had a net margin of 13.85% and a return on equity of 29.34%. The company’s revenue was up 4.4% on a year-over-year basis. During the same period in the previous year, the business earned $0.82 earnings per share. A. O. Smith has set its FY 2025 guidance at 3.700-3.850 EPS.

A. O. Smith Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, February 17th. Stockholders of record on Friday, January 30th will be issued a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a dividend yield of 2.0%. The ex-dividend date is Friday, January 30th. A. O. Smith’s payout ratio is currently 38.81%.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of AOS. Norges Bank bought a new position in A. O. Smith in the 2nd quarter worth approximately $91,939,000. American Century Companies Inc. grew its position in A. O. Smith by 54.2% in the 3rd quarter. American Century Companies Inc. now owns 3,208,831 shares of the industrial products company’s stock worth $235,560,000 after purchasing an additional 1,128,543 shares during the last quarter. Qube Research & Technologies Ltd grew its position in A. O. Smith by 655.5% in the 2nd quarter. Qube Research & Technologies Ltd now owns 710,716 shares of the industrial products company’s stock worth $46,602,000 after purchasing an additional 616,638 shares during the last quarter. Caisse de depot et placement du Quebec increased its holdings in shares of A. O. Smith by 530.1% during the 3rd quarter. Caisse de depot et placement du Quebec now owns 633,407 shares of the industrial products company’s stock worth $46,498,000 after purchasing an additional 532,875 shares during the period. Finally, The Manufacturers Life Insurance Company raised its position in shares of A. O. Smith by 521.1% during the second quarter. The Manufacturers Life Insurance Company now owns 581,070 shares of the industrial products company’s stock valued at $38,101,000 after buying an additional 487,513 shares during the last quarter. 76.10% of the stock is owned by institutional investors and hedge funds.

About A. O. Smith

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.