Yousif Capital Management LLC Has $7.41 Million Stock Holdings in A. O. Smith Co. (NYSE:AOS)

Yousif Capital Management LLC raised its holdings in A. O. Smith Co. (NYSE:AOS - Free Report) by 4.5% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 113,378 shares of the industrial products company's stock after acquiring an additional 4,931 shares during the quarter. Yousif Capital Management LLC owned approximately 0.08% of A. O. Smith worth $7,410,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. New Age Alpha Advisors LLC purchased a new position in A. O. Smith in the fourth quarter valued at about $66,000. Canada Post Corp Registered Pension Plan acquired a new position in shares of A. O. Smith during the 4th quarter worth approximately $84,000. Signaturefd LLC increased its position in shares of A. O. Smith by 40.0% during the fourth quarter. Signaturefd LLC now owns 1,299 shares of the industrial products company's stock worth $89,000 after purchasing an additional 371 shares in the last quarter. Parallel Advisors LLC increased its stake in shares of A. O. Smith by 40.4% in 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. Finally, Mufg Securities Americas Inc. acquired a new stake in shares of A. O. Smith in the 4th quarter worth $120,000. Institutional investors own 76.10% of the company's stock.

Analyst Ratings Changes

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

A. O. Smith Trading Down 0.7%

Shares of A. O. Smith stock traded down $0.47 during trading hours on Friday, reaching $63.78. The stock had a trading volume of 2,217,061 shares, compared to its average volume of 1,269,196. The firm has a market capitalization of $9.06 billion, a price-to-earnings ratio of 17.57, a P/E/G ratio of 1.46 and a beta of 1.21. The company has a current ratio of 1.55, a quick ratio of 0.96 and a debt-to-equity ratio of 0.10. A. O. Smith Co. has a 1 year low of $58.83 and a 1 year high of $92.45. The firm has a 50 day simple moving average of $65.75 and a two-hundred day simple moving average of $67.35.

A. O. Smith (NYSE:AOS - Get Free Report) last issued its earnings results on Tuesday, April 29th. The industrial products company reported $0.95 EPS for the quarter, topping the consensus estimate of $0.90 by $0.05. The company had revenue of $963.90 million during the quarter, compared to analyst estimates of $950.56 million. A. O. Smith had a return on equity of 28.87% and a net margin of 13.98%. The business's revenue was down 1.5% on a year-over-year basis. During the same quarter last year, the firm earned $1.00 EPS. As a group, equities research analysts anticipate that A. O. Smith Co. will post 3.76 earnings per share for the current year.

A. O. Smith Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, May 15th. Investors of record on Wednesday, April 30th were issued a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a dividend yield of 2.13%. The ex-dividend date was Wednesday, April 30th. A. O. Smith's payout ratio is 37.99%.

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.