A. O. Smith (NYSE:AOS) Updates FY 2025 Earnings Guidance

A. O. Smith (NYSE:AOS - Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 3.700-3.900 for the period, compared to the consensus EPS estimate of 3.778. The company issued revenue guidance of $3.9 billion-$3.9 billion, compared to the consensus revenue estimate of $3.9 billion.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on AOS. JPMorgan Chase & Co. started coverage on shares of A. O. Smith in a report on Tuesday, June 24th. They issued a "neutral" rating and a $70.00 price objective on the stock. Weiss Ratings reiterated a "hold (c)" rating on shares of A. O. Smith in a research note on Saturday, July 12th. Stifel Nicolaus boosted their price target on shares of A. O. Smith from $78.00 to $81.00 and gave the stock a "buy" rating in a research note on Monday. Citigroup lowered their price objective on A. O. Smith from $69.00 to $65.00 and set a "neutral" rating for the company in a research report on Monday, April 14th. Finally, Robert W. Baird boosted their price objective on A. O. Smith from $76.00 to $82.00 and gave the stock a "neutral" rating in a research report on Friday. Five research analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $76.57.

A. O. Smith Stock Performance

Shares of AOS stock traded down $1.88 during trading hours on Friday, hitting $72.06. The stock had a trading volume of 1,924,083 shares, compared to its average volume of 1,586,319. The firm has a market capitalization of $10.24 billion, a PE ratio of 20.07, a PEG ratio of 1.62 and a beta of 1.20. A. O. Smith has a twelve month low of $58.83 and a twelve month high of $92.06. The stock's 50 day moving average is $66.80 and its 200 day moving average is $66.76. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.65 and a quick ratio of 1.01.

A. O. Smith (NYSE:AOS - Get Free Report) last posted its quarterly earnings data on Thursday, July 24th. The industrial products company reported $1.07 earnings per share for the quarter, beating the consensus estimate of $0.97 by $0.10. The business had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $997.89 million. A. O. Smith had a return on equity of 28.42% and a net margin of 13.68%. The company's revenue was down 1.3% compared to the same quarter last year. During the same period in the prior year, the company earned $1.06 earnings per share. As a group, research analysts forecast that A. O. Smith will post 3.76 earnings per share for the current fiscal year.

A. O. Smith Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 15th. Stockholders of record on Thursday, July 31st will be issued a $0.34 dividend. This represents a $1.36 annualized dividend and a dividend yield of 1.89%. The ex-dividend date is Thursday, July 31st. A. O. Smith's payout ratio is currently 37.99%.

Institutional Investors Weigh In On A. O. Smith

A hedge fund recently raised its stake in A. O. Smith stock. Goldman Sachs Group Inc. lifted its stake in shares of A. O. Smith Corporation (NYSE:AOS - Free Report) by 19.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 939,302 shares of the industrial products company's stock after purchasing an additional 154,201 shares during the quarter. Goldman Sachs Group Inc. owned about 0.66% of A. O. Smith worth $61,393,000 at the end of the most recent quarter. Institutional investors own 76.10% of the company's stock.

About A. O. Smith

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.