A. O. Smith Co. to Post Q4 2024 Earnings of $1.04 Per Share, Seaport Res Ptn Forecasts (NYSE:AOS)

A. O. Smith Co. (NYSE:AOS - Free Report) - Equities researchers at Seaport Res Ptn lifted their Q4 2024 earnings per share estimates for shares of A. O. Smith in a research note issued to investors on Thursday, April 25th. Seaport Res Ptn analyst S. Graham now anticipates that the industrial products company will post earnings per share of $1.04 for the quarter, up from their previous estimate of $1.02. The consensus estimate for A. O. Smith's current full-year earnings is $4.09 per share. Seaport Res Ptn also issued estimates for A. O. Smith's Q2 2025 earnings at $1.11 EPS and Q4 2025 earnings at $1.14 EPS.

A. O. Smith (NYSE:AOS - Get Free Report) last posted its quarterly earnings results on Thursday, April 25th. The industrial products company reported $1.00 EPS for the quarter, topping analysts' consensus estimates of $0.99 by $0.01. The business had revenue of $978.80 million during the quarter, compared to the consensus estimate of $995.91 million. A. O. Smith had a return on equity of 30.94% and a net margin of 14.94%. The company's revenue for the quarter was up 1.3% compared to the same quarter last year. During the same period last year, the firm earned $0.94 earnings per share.

A number of other research firms have also recently weighed in on AOS. Stifel Nicolaus lowered their target price on shares of A. O. Smith from $91.00 to $90.00 and set a "hold" rating on the stock in a research note on Friday. Jefferies Financial Group increased their price objective on shares of A. O. Smith from $85.00 to $90.00 and gave the company a "hold" rating in a report on Friday, April 12th. Robert W. Baird raised their target price on shares of A. O. Smith from $86.00 to $92.00 and gave the company a "neutral" rating in a research report on Friday. StockNews.com downgraded shares of A. O. Smith from a "strong-buy" rating to a "buy" rating in a report on Wednesday, March 6th. Finally, Oppenheimer restated a "market perform" rating on shares of A. O. Smith in a research report on Thursday, April 18th. Six research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $90.67.

A. O. Smith Trading Up 1.7 %

NYSE AOS traded up $1.41 on Monday, hitting $84.31. 1,479,027 shares of the stock were exchanged, compared to its average volume of 992,737. The company's 50-day moving average price is $85.71 and its two-hundred day moving average price is $79.98. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.65 and a quick ratio of 1.06. A. O. Smith has a 52-week low of $63.88 and a 52-week high of $89.96. The company has a market capitalization of $12.41 billion, a price-to-earnings ratio of 21.75, a P/E/G ratio of 2.26 and a beta of 1.25.

A. O. Smith Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 15th. Shareholders of record on Tuesday, April 30th will be given a dividend of $0.32 per share. The ex-dividend date of this dividend is Monday, April 29th. This represents a $1.28 dividend on an annualized basis and a yield of 1.52%. A. O. Smith's dividend payout ratio (DPR) is presently 33.16%.

Insider Buying and Selling at A. O. Smith

In other news, Director Idelle K. Wolf sold 814 shares of the stock in a transaction on Wednesday, February 7th. The stock was sold at an average price of $80.00, for a total transaction of $65,120.00. Following the completion of the sale, the director now owns 46,140 shares in the company, valued at approximately $3,691,200. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other news, VP Robert J. Heideman sold 9,890 shares of the business's stock in a transaction that occurred on Tuesday, March 5th. The stock was sold at an average price of $84.63, for a total transaction of $836,990.70. Following the transaction, the vice president now directly owns 9,455 shares in the company, valued at approximately $800,176.65. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Idelle K. Wolf sold 814 shares of the stock in a transaction on Wednesday, February 7th. The shares were sold at an average price of $80.00, for a total value of $65,120.00. Following the completion of the sale, the director now owns 46,140 shares in the company, valued at $3,691,200. The disclosure for this sale can be found here. Insiders have sold a total of 95,631 shares of company stock worth $8,042,535 over the last ninety days. Company insiders own 2.70% of the company's stock.

Hedge Funds Weigh In On A. O. Smith

Several hedge funds have recently made changes to their positions in AOS. FinTrust Capital Advisors LLC increased its stake in shares of A. O. Smith by 628.0% during the 3rd quarter. FinTrust Capital Advisors LLC now owns 597 shares of the industrial products company's stock worth $39,000 after purchasing an additional 515 shares in the last quarter. Addison Advisors LLC grew its stake in A. O. Smith by 36.1% in the 3rd quarter. Addison Advisors LLC now owns 712 shares of the industrial products company's stock worth $47,000 after acquiring an additional 189 shares during the period. Private Trust Co. NA grew its stake in shares of A. O. Smith by 393.1% during the 3rd quarter. Private Trust Co. NA now owns 858 shares of the industrial products company's stock valued at $57,000 after buying an additional 684 shares during the period. Covestor Ltd lifted its holdings in shares of A. O. Smith by 39.2% during the 3rd quarter. Covestor Ltd now owns 1,203 shares of the industrial products company's stock valued at $79,000 after acquiring an additional 339 shares in the last quarter. Finally, Signaturefd LLC lifted its holdings in A. O. Smith by 25.5% in the 4th quarter. Signaturefd LLC now owns 961 shares of the industrial products company's stock worth $79,000 after buying an additional 195 shares in the last quarter. Hedge funds and other institutional investors own 76.10% of the company's stock.

A. O. Smith Company 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.