A. O. Smith Corporation $AOS Shares Sold by Reinhart Partners LLC.

Reinhart Partners LLC. reduced its position in shares of A. O. Smith Corporation (NYSE:AOS) by 10.4% in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 91,963 shares of the industrial products company’s stock after selling 10,723 shares during the quarter. Reinhart Partners LLC.’s holdings in A. O. Smith were worth $5,768,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of AOS. Norges Bank acquired a new stake in shares of A. O. Smith in the fourth quarter valued at $97,101,000. Madison Asset Management LLC acquired a new stake in A. O. Smith in the 4th quarter valued at about $80,885,000. Natixis Advisors LLC boosted its position in shares of A. O. Smith by 220.4% during the 4th quarter. Natixis Advisors LLC now owns 1,022,299 shares of the industrial products company’s stock valued at $68,371,000 after purchasing an additional 703,186 shares in the last quarter. Vanguard Group Inc. boosted its position in shares of A. O. Smith by 4.7% during the 4th quarter. Vanguard Group Inc. now owns 15,096,018 shares of the industrial products company’s stock valued at $1,009,622,000 after purchasing an additional 683,176 shares in the last quarter. Finally, AQR Capital Management LLC grew its stake in shares of A. O. Smith by 93.2% in the 4th quarter. AQR Capital Management LLC now owns 1,279,356 shares of the industrial products company’s stock worth $85,563,000 after purchasing an additional 617,179 shares during the last quarter. 76.10% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

AOS has been the topic of a number of research reports. Zacks Research downgraded shares of A. O. Smith from a “hold” rating to a “strong sell” rating in a report on Wednesday, May 6th. Citigroup decreased their price target on shares of A. O. Smith from $65.00 to $64.00 and set a “neutral” rating on the stock in a research report on Friday, July 31st. DA Davidson set a $67.00 price target on A. O. Smith and gave the company a “neutral” rating in a report on Monday, May 4th. Stifel Nicolaus cut their price objective on A. O. Smith from $76.00 to $70.00 and set a “buy” rating for the company in a research report on Friday, July 31st. Finally, The Goldman Sachs Group reduced their price objective on A. O. Smith from $69.00 to $61.00 and set a “sell” rating for the company in a research note on Monday, April 13th. Two research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Reduce” and an average target price of $67.75.

A. O. Smith Price Performance

AOS stock opened at $63.98 on Friday. A. O. Smith Corporation has a one year low of $54.16 and a one year high of $81.86. The firm has a 50-day moving average of $60.09 and a two-hundred day moving average of $65.09. The firm has a market capitalization of $8.70 billion, a PE ratio of 17.77, a P/E/G ratio of 1.40 and a beta of 1.17. The company has a current ratio of 1.59, a quick ratio of 1.04 and a debt-to-equity ratio of 0.32.

A. O. Smith (NYSE:AOS) last released its earnings results on Thursday, July 30th. The industrial products company reported $1.03 earnings per share for the quarter, topping the consensus estimate of $0.96 by $0.07. A. O. Smith had a net margin of 13.15% and a return on equity of 27.88%. The business had revenue of $1 billion for the quarter, compared to the consensus estimate of $994.89 million. During the same period last year, the firm posted $1.07 earnings per share. The firm’s quarterly revenue was down .7% compared to the same quarter last year. A. O. Smith has set its FY 2026 guidance at 3.700-3.850 EPS. On average, analysts forecast that A. O. Smith Corporation will post 3.74 earnings per share for the current year.

A. O. Smith Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 17th. Shareholders of record on Friday, July 31st will be given a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a yield of 2.3%. The ex-dividend date is Friday, July 31st. A. O. Smith’s payout ratio is presently 40.00%.

A. O. Smith 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.