A. O. Smith Corporation $AOS Shares Bought by MassMutual Private Wealth & Trust FSB

Key Points

• MassMutual Private Wealth & Trust FSB increased its stake in A. O. Smith Corporation by 3.0% during the second quarter, now holding 234,202 shares valued at approximately $15.36 million.
• A. O. Smith reported a net margin of 13.68% and a quarterly EPS of $1.07, exceeding estimates, and has set FY 2025 guidance at $3.700-3.900 EPS.
• The company declared a quarterly dividend of $0.34, providing an annualized yield of 1.9%, and has a current payout ratio of 37.88%.

MassMutual Private Wealth & Trust FSB increased its holdings in A. O. Smith Corporation (NYSE:AOS - Free Report) by 3.0% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 234,202 shares of the industrial products company's stock after purchasing an additional 6,836 shares during the quarter. MassMutual Private Wealth & Trust FSB owned 0.16% of A. O. Smith worth $15,357,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Beverly Hills Private Wealth LLC lifted its stake in A. O. Smith by 3.1% during the first quarter. Beverly Hills Private Wealth LLC now owns 5,847 shares of the industrial products company's stock worth $382,000 after purchasing an additional 176 shares in the last quarter. Allspring Global Investments Holdings LLC raised its stake in A. O. Smith by 3.3% in the first quarter. Allspring Global Investments Holdings LLC now owns 5,532 shares of the industrial products company's stock valued at $363,000 after buying an additional 177 shares in the last quarter. Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group raised its stake in A. O. Smith by 1.2% in the first quarter. Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group now owns 15,607 shares of the industrial products company's stock valued at $1,020,000 after buying an additional 184 shares in the last quarter. Advisory Alpha LLC grew its holdings in shares of A. O. Smith by 5.4% during the first quarter. Advisory Alpha LLC now owns 3,642 shares of the industrial products company's stock worth $238,000 after purchasing an additional 188 shares during the last quarter. Finally, National Pension Service grew its holdings in shares of A. O. Smith by 74.8% during the first quarter. National Pension Service now owns 458 shares of the industrial products company's stock worth $30,000 after purchasing an additional 196 shares during the last quarter. Institutional investors and hedge funds own 76.10% of the company's stock.

Insider Transactions at A. O. Smith

In other A. O. Smith news, Chairman Kevin J. Wheeler sold 22,200 shares of the stock in a transaction that occurred on Wednesday, July 30th. The shares were sold at an average price of $71.26, for a total value of $1,581,972.00. Following the completion of the sale, the chairman owned 100,647 shares in the company, valued at $7,172,105.22. This represents a 18.07% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.76% of the stock is currently owned by insiders.

A. O. Smith Stock Up 1.0%

AOS stock opened at $73.32 on Tuesday. A. O. Smith Corporation has a 12 month low of $58.83 and a 12 month high of $92.06. The firm has a market cap of $10.27 billion, a PE ratio of 20.42, a P/E/G ratio of 1.58 and a beta of 1.25. The firm has a 50 day simple moving average of $71.36 and a 200 day simple moving average of $67.72. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.65 and a quick ratio of 1.03.

A. O. Smith (NYSE:AOS - Get Free Report) last released its earnings results on Thursday, July 24th. The industrial products company reported $1.07 EPS 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 analyst estimates of $997.89 million. A. O. Smith had a net margin of 13.68% and a return on equity of 28.42%. The business's quarterly revenue was down 1.3% on a year-over-year basis. During the same period in the prior year, the business earned $1.06 earnings per share. A. O. Smith has set its FY 2025 guidance at 3.700-3.900 EPS. Equities research analysts forecast that A. O. Smith Corporation will post 3.76 earnings per share for the current fiscal year.

A. O. Smith Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, August 15th. Shareholders of record on Thursday, July 31st were given a $0.34 dividend. The ex-dividend date was Thursday, July 31st. This represents a $1.36 dividend on an annualized basis and a yield of 1.9%. A. O. Smith's dividend payout ratio is presently 37.88%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on AOS shares. Stifel Nicolaus raised their price objective on shares of A. O. Smith from $78.00 to $81.00 and gave the company a "buy" rating in a research report on Monday, July 21st. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of A. O. Smith in a research note on Saturday. Robert W. Baird lifted their target price on shares of A. O. Smith from $76.00 to $82.00 and gave the stock a "neutral" rating in a research note on Friday, July 25th. Wall Street Zen raised shares of A. O. Smith from a "hold" rating to a "buy" rating in a research note on Friday, August 22nd. Finally, JPMorgan Chase & Co. started coverage on shares of A. O. Smith in a research note on Tuesday, June 24th. They set a "neutral" rating and a $70.00 price objective for the company. Two investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of $77.43.

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.

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