Clearview Wealth Advisors LLC Invests $303,000 in A. O. Smith Corporation (NYSE:AOS)

Clearview Wealth Advisors LLC bought a new stake in shares of A. O. Smith Corporation (NYSE:AOS - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 4,643 shares of the industrial products company's stock, valued at approximately $303,000.

Several other large investors also recently made changes to their positions in AOS. New Age Alpha Advisors LLC purchased a new position in A. O. Smith during the 4th quarter worth approximately $66,000. Intact Investment Management Inc. bought a new position in A. O. Smith during the first quarter valued at about $72,000. Canada Post Corp Registered Pension Plan bought a new position in shares of A. O. Smith in the 4th quarter valued at approximately $84,000. Signaturefd LLC raised its position in shares of A. O. Smith by 40.0% in the fourth quarter. Signaturefd LLC now owns 1,299 shares of the industrial products company's stock valued at $89,000 after purchasing an additional 371 shares during the period. Finally, Parallel Advisors LLC lifted its position in A. O. Smith by 40.4% during the 1st quarter. Parallel Advisors LLC now owns 1,571 shares of the industrial products company's stock worth $103,000 after acquiring an additional 452 shares during the last quarter. Institutional investors own 76.10% of the company's stock.

Analysts Set New Price Targets

AOS has been the subject of several research analyst reports. Citigroup cut their target price on shares of A. O. Smith from $69.00 to $65.00 and set a "neutral" rating for the company in a research note on Monday, April 14th. Stifel Nicolaus lifted their price target on shares of A. O. Smith from $75.00 to $78.00 and gave the company a "buy" rating in a report on Wednesday, April 30th. Weiss Ratings reissued a "hold (c)" rating on shares of A. O. Smith in a research note on Wednesday, June 11th. Finally, Robert W. Baird upped their target price on shares of A. O. Smith from $75.00 to $76.00 and gave the stock a "neutral" rating in a research report on Wednesday, April 30th. Four equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $76.17.

A. O. Smith Trading Up 2.2%

NYSE AOS opened at $64.14 on Tuesday. The company has a market capitalization of $9.11 billion, a PE ratio of 17.92, a P/E/G ratio of 1.40 and a beta of 1.21. A. O. Smith Corporation has a 12 month low of $58.83 and a 12 month high of $92.45. The stock has a 50-day simple moving average of $65.81 and a 200 day simple moving average of $66.92. The company has a current ratio of 1.61, a quick ratio of 1.01 and a debt-to-equity ratio of 0.14.

A. O. Smith (NYSE:AOS - Get Free Report) last announced its quarterly earnings results on Tuesday, April 29th. The industrial products company reported $0.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.90 by $0.05. A. O. Smith had a net margin of 13.74% and a return on equity of 28.39%. The company had revenue of $963.90 million during the quarter, compared to analyst estimates of $950.56 million. During the same quarter in the previous year, the business earned $1.00 EPS. The firm's revenue was down 1.5% on a year-over-year basis. Research analysts forecast that A. O. Smith Corporation will post 3.76 EPS for the current year.

A. O. Smith Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, May 15th. Stockholders of record on Wednesday, April 30th were issued a $0.34 dividend. This represents a $1.36 annualized dividend and a dividend yield of 2.12%. The ex-dividend date of this dividend was Wednesday, April 30th. A. O. Smith's dividend payout ratio (DPR) is presently 37.99%.

A. O. Smith Profile

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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