FY2026 EPS Estimates for A. O. Smith Boosted by DA Davidson

A. O. Smith Co. (NYSE:AOS - Free Report) - Analysts at DA Davidson lifted their FY2026 earnings estimates for shares of A. O. Smith in a research note issued on Thursday, May 1st. DA Davidson analyst M. Summerville now forecasts that the industrial products company will post earnings per share of $4.28 for the year, up from their prior forecast of $4.25. The consensus estimate for A. O. Smith's current full-year earnings is $3.76 per share.

A number of other brokerages also recently commented on AOS. Stifel Nicolaus lifted their price target on shares of A. O. Smith from $75.00 to $78.00 and gave the stock a "buy" rating in a report on Wednesday, April 30th. Oppenheimer cut their price target on A. O. Smith from $88.00 to $84.00 and set an "outperform" rating for the company in a report on Friday, January 31st. Weiss Ratings reissued a "hold (c)" rating on shares of A. O. Smith in a research note on Thursday, April 24th. UBS Group lowered their price objective on shares of A. O. Smith from $80.00 to $74.00 and set a "neutral" rating for the company in a research note on Friday, January 31st. Finally, Robert W. Baird increased 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 assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $76.17.

A. O. Smith Price Performance

Shares of NYSE:AOS traded down $0.04 on Friday, hitting $68.41. The company had a trading volume of 1,277,480 shares, compared to its average volume of 1,138,998. The business has a 50 day moving average of $65.35 and a 200 day moving average of $69.09. A. O. Smith has a 52-week low of $58.83 and a 52-week high of $92.45. The company has a market cap of $9.85 billion, a PE ratio of 18.84, a PEG ratio of 1.46 and a beta of 1.28. 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 (NYSE:AOS - Get Free Report) last posted its earnings results on Tuesday, April 29th. The industrial products company reported $0.95 earnings per share for the quarter, beating the consensus estimate of $0.90 by $0.05. A. O. Smith had a return on equity of 28.87% and a net margin of 13.98%. The company had revenue of $963.90 million for the quarter, compared to analyst estimates of $950.56 million. During the same quarter in the prior year, the company earned $1.00 earnings per share. A. O. Smith's revenue was down 1.5% compared to the same quarter last year.

A. O. Smith Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, May 15th. Shareholders of record on Wednesday, April 30th will be issued a dividend of $0.34 per share. The ex-dividend date is Wednesday, April 30th. This represents a $1.36 annualized dividend and a yield of 1.99%. A. O. Smith's dividend payout ratio is presently 37.99%.

Insider Activity

In other A. O. Smith news, SVP Douglas Samuel Karge sold 419 shares of the company's stock in a transaction that occurred on Friday, February 7th. The stock was sold at an average price of $65.65, for a total transaction of $27,507.35. Following the sale, the senior vice president now owns 2,749 shares in the company, valued at $180,471.85. This represents a 13.23 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, VP Robert J. Heideman sold 1,026 shares of the business's stock in a transaction that occurred on Friday, February 7th. The shares were sold at an average price of $65.65, for a total value of $67,356.90. Following the completion of the sale, the vice president now owns 8,889 shares of the company's stock, valued at $583,562.85. This trade represents a 10.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.76% of the company's stock.

Institutional Trading of A. O. Smith

Several institutional investors have recently added to or reduced their stakes in the business. Ridgewood Investments LLC acquired a new stake in A. O. Smith during the fourth quarter worth about $60,000. New Age Alpha Advisors LLC bought a new position in A. O. Smith in the 4th quarter worth about $66,000. Intact Investment Management Inc. acquired a new stake in shares of A. O. Smith in the first quarter valued at approximately $72,000. Private Trust Co. NA raised its holdings in shares of A. O. Smith by 22.1% during the first quarter. Private Trust Co. NA now owns 1,181 shares of the industrial products company's stock valued at $77,000 after buying an additional 214 shares during the last quarter. Finally, Canada Post Corp Registered Pension Plan acquired a new position in shares of A. O. Smith during the fourth quarter worth approximately $84,000. 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.