A. O. Smith (NYSE:AOS) Hits New 52-Week Low – Here’s What Happened

A. O. Smith Corporation (NYSE:AOS) shares reached a new 52-week low on Wednesday . The company traded as low as $58.22 and last traded at $58.8720, with a volume of 1462349 shares changing hands. The stock had previously closed at $58.86.

Wall Street Analyst Weigh In

A number of research firms have weighed in on AOS. DA Davidson set a $67.00 price objective on shares of A. O. Smith and gave the company a “neutral” rating in a report on Monday. Oppenheimer reaffirmed an “outperform” rating and issued a $80.00 price objective on shares of A. O. Smith in a report on Friday. JPMorgan Chase & Co. cut their price objective on shares of A. O. Smith from $75.00 to $65.00 and set a “neutral” rating for the company in a report on Friday, May 1st. Stifel Nicolaus set a $75.00 price objective on shares of A. O. Smith in a report on Friday. Finally, Citigroup cut their price objective on shares of A. O. Smith from $74.00 to $65.00 and set a “neutral” rating for the company in a report on Monday. Two research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $70.44.

A. O. Smith Stock Up 0.0%

The company has a debt-to-equity ratio of 0.31, a current ratio of 1.56 and a quick ratio of 1.00. The business’s fifty day simple moving average is $67.30 and its two-hundred day simple moving average is $68.90. The company has a market cap of $8.14 billion, a PE ratio of 15.66, a PEG ratio of 1.30 and a beta of 1.23.

A. O. Smith (NYSE:AOS) last released its quarterly earnings data on Thursday, April 30th. The industrial products company reported $0.85 earnings per share for the quarter, missing analysts’ consensus estimates of $0.94 by ($0.09). The firm had revenue of $945.60 million during the quarter, compared to analysts’ expectations of $974.06 million. A. O. Smith had a net margin of 13.84% and a return on equity of 28.42%. The firm’s quarterly revenue was down 1.9% on a year-over-year basis. During the same period in the previous year, the firm posted $0.95 EPS. A. O. Smith has set its FY 2026 guidance at 3.600-3.900 EPS. On average, analysts predict that A. O. Smith Corporation will post 3.78 earnings per share for the current year.

A. O. Smith Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 15th. Stockholders of record on Thursday, April 30th will be paid a dividend of $0.36 per share. The ex-dividend date of this dividend is Thursday, April 30th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 2.4%. A. O. Smith’s payout ratio is currently 38.30%.

Insider Activity at A. O. Smith

In other news, SVP Darrell W. Schuh sold 1,104 shares of the business’s stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $74.39, for a total transaction of $82,126.56. Following the completion of the sale, the senior vice president owned 2,201 shares of the company’s stock, valued at $163,732.39. The trade was a 33.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.50% of the stock is owned by corporate insiders.

Institutional Trading of A. O. Smith

Institutional investors and hedge funds have recently modified their holdings of the stock. Creative Financial Designs Inc. ADV increased its stake in shares of A. O. Smith by 3,481.8% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 394 shares of the industrial products company’s stock worth $26,000 after purchasing an additional 383 shares in the last quarter. Rothschild Investment LLC increased its stake in shares of A. O. Smith by 3,125.0% during the third quarter. Rothschild Investment LLC now owns 387 shares of the industrial products company’s stock worth $28,000 after purchasing an additional 375 shares in the last quarter. Torren Management LLC purchased a new stake in shares of A. O. Smith during the fourth quarter worth about $31,000. Eagle Bay Advisors LLC purchased a new stake in shares of A. O. Smith during the fourth quarter worth about $32,000. Finally, Root Financial Partners LLC purchased a new stake in shares of A. O. Smith during the third quarter worth about $33,000. Hedge funds and other institutional investors own 76.10% of the company’s stock.

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.