A. O. Smith Corporation $AOS Stock Sold by MassMutual Private Wealth & Trust FSB

Key Points

• MassMutual Private Wealth & Trust FSB cut its A. O. Smith stake by 98.4% in the third quarter, selling 219,732 shares and retaining 3,464 shares worth approximately $195,000. Institutional investors collectively own 76.1% of the company.
• Analysts have a generally cautious view, with a consensus “Hold” rating and an average price target of $67.75. Recent target changes included Citigroup lowering its target to $64 and Stifel reducing its target to $70 while maintaining a buy rating.
• A. O. Smith shares opened at $55.38, near their 52-week low, while the company reported quarterly EPS of $1.03—above estimates—and maintains a quarterly dividend of $0.36 per share, representing a 2.6% annualized yield.

MassMutual Private Wealth & Trust FSB trimmed its holdings in shares of A. O. Smith Corporation (NYSE:AOS - Free Report) by 98.4% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 3,464 shares of the industrial products company's stock after selling 219,732 shares during the quarter. MassMutual Private Wealth & Trust FSB's holdings in A. O. Smith were worth $195,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the business. Versant Capital Management Inc boosted its holdings in A. O. Smith by 23.5% in the third quarter. Versant Capital Management Inc now owns 3,142 shares of the industrial products company's stock valued at $164,000 after purchasing an additional 597 shares during the last quarter. CYBER HORNET ETFs LLC increased its holdings in A. O. Smith by 774.4% during the 2nd quarter. CYBER HORNET ETFs LLC now owns 2,728 shares of the industrial products company's stock worth $171,000 after purchasing an additional 2,416 shares during the last quarter. Wedbush Securities Inc. raised its position in shares of A. O. Smith by 2.3% in the 2nd quarter. Wedbush Securities Inc. now owns 12,408 shares of the industrial products company's stock valued at $778,000 after purchasing an additional 275 shares in the last quarter. Greenleaf Trust boosted its stake in shares of A. O. Smith by 19.2% during the 2nd quarter. Greenleaf Trust now owns 6,209 shares of the industrial products company's stock valued at $389,000 after buying an additional 1,001 shares during the last quarter. Finally, Mufg Securities Americas Inc. boosted its stake in shares of A. O. Smith by 8.4% during the 2nd quarter. Mufg Securities Americas Inc. now owns 3,372 shares of the industrial products company's stock valued at $211,000 after buying an additional 261 shares during the last quarter. Institutional investors and hedge funds own 76.10% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the stock. Citigroup dropped their price target on shares of A. O. Smith from $65.00 to $64.00 and set a "neutral" rating for the company in a research note on Friday, July 31st. Stifel Nicolaus reduced their price objective on shares of A. O. Smith from $76.00 to $70.00 and set a "buy" rating on the stock in a research note on Friday, July 31st. Oppenheimer set a $75.00 price objective on shares of A. O. Smith and gave the stock an "outperform" rating in a report on Wednesday, June 10th. Weiss Ratings reissued a "hold (c-)" rating on shares of A. O. Smith in a research report on Monday, August 24th. Finally, Zacks Research raised shares of A. O. Smith from a "strong sell" rating to a "hold" rating in a research report on Monday, August 10th. Two investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, A. O. Smith has a consensus rating of "Hold" and an average target price of $67.75.

A. O. Smith Stock Down 2.7%

Shares of NYSE:AOS opened at $55.38 on Thursday. The stock has a market capitalization of $7.53 billion, a price-to-earnings ratio of 15.38, a price-to-earnings-growth ratio of 1.27 and a beta of 1.12. A. O. Smith Corporation has a 1-year low of $54.16 and a 1-year high of $81.86. The company's fifty day moving average is $59.77 and its two-hundred day moving average is $60.60. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.04 and a current ratio of 1.59.

A. O. Smith (NYSE:AOS - Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The industrial products company reported $1.03 EPS for the quarter, beating the consensus estimate of $0.96 by $0.07. The business had revenue of $1 billion during the quarter, compared to analyst estimates of $994.89 million. A. O. Smith had a net margin of 13.15% and a return on equity of 27.88%. The company's quarterly revenue was down .7% on a year-over-year basis. During the same period in the previous year, the business posted $1.07 EPS. A. O. Smith has set its FY 2026 guidance at 3.700-3.850 EPS. Equities analysts anticipate that A. O. Smith Corporation will post 3.74 EPS for the current year.

A. O. Smith Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, August 17th. Stockholders of record on Friday, July 31st were issued a dividend of $0.36 per share. The ex-dividend date of this dividend was Friday, July 31st. This represents a $1.44 annualized dividend and a dividend yield of 2.6%. A. O. Smith's dividend payout ratio is 40.00%.

A. O. Smith Profile

A. O. Smith Corporation NYSE: AOS is a manufacturer of water heating and water treatment products for residential, commercial, and industrial applications. The company's product portfolio includes electric and gas water heaters, boilers, storage tanks, heat pump water heaters, and related equipment and controls.

The company also provides water treatment solutions, including water softeners, filtration systems, and other products designed to improve water quality. Its products are marketed under the A.

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