Y Intercept Hong Kong Ltd Buys 114,223 Shares of A. O. Smith Corporation $AOS

Y Intercept Hong Kong Ltd grew its position in A. O. Smith Corporation (NYSE:AOS) by 3,618.1% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 117,380 shares of the industrial products company’s stock after purchasing an additional 114,223 shares during the period. Y Intercept Hong Kong Ltd’s holdings in A. O. Smith were worth $7,740,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the company. Creative Financial Designs Inc. ADV increased its position in shares of A. O. Smith by 3,481.8% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 394 shares of the industrial products company’s stock worth $26,000 after purchasing an additional 383 shares in the last quarter. Torren Management LLC bought a new stake in A. O. Smith during the fourth quarter worth about $31,000. Eagle Bay Advisors LLC acquired a new stake in shares of A. O. Smith during the fourth quarter worth approximately $32,000. Larson Financial Group LLC increased its holdings in shares of A. O. Smith by 67.9% during the third quarter. Larson Financial Group LLC now owns 487 shares of the industrial products company’s stock worth $36,000 after buying an additional 197 shares in the last quarter. Finally, Los Angeles Capital Management LLC bought a new position in shares of A. O. Smith in the fourth quarter valued at approximately $35,000. Institutional investors own 76.10% of the company’s stock.

A. O. Smith Stock Down 0.0%

NYSE AOS opened at $62.69 on Friday. The stock has a market capitalization of $8.64 billion, a P/E ratio of 16.67, a price-to-earnings-growth ratio of 1.39 and a beta of 1.16. A. O. Smith Corporation has a 52 week low of $54.16 and a 52 week high of $81.86. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.00 and a current ratio of 1.56. The stock has a fifty day moving average of $59.27 and a 200-day moving average of $66.48.

A. O. Smith (NYSE:AOS) last issued its quarterly earnings results on Thursday, April 30th. The industrial products company reported $0.85 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.94 by ($0.09). The firm had revenue of $945.60 million for the quarter, compared to analyst estimates of $974.06 million. A. O. Smith had a net margin of 13.84% and a return on equity of 28.42%. The company’s revenue was down 1.9% compared to the same quarter last year. During the same period last year, the company earned $0.95 EPS. A. O. Smith has set its FY 2026 guidance at 3.600-3.900 EPS. On average, equities research analysts forecast that A. O. Smith Corporation will post 3.77 EPS for the current year.

A. O. Smith Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Thursday, April 30th were given a dividend of $0.36 per share. The ex-dividend date was Thursday, April 30th. This represents a $1.44 dividend on an annualized basis and a yield of 2.3%. A. O. Smith’s dividend payout ratio is presently 38.30%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on AOS shares. Robert W. Baird set a $70.00 price target on A. O. Smith in a research report on Friday, May 1st. Zacks Research lowered A. O. Smith from a “hold” rating to a “strong sell” rating in a research note on Wednesday, May 6th. DA Davidson set a $67.00 target price on A. O. Smith and gave the stock a “neutral” rating in a report on Monday, May 4th. Weiss Ratings lowered A. O. Smith from a “hold (c)” rating to a “hold (c-)” rating in a research note on Wednesday, May 27th. Finally, Oppenheimer set a $75.00 price target on A. O. Smith and gave the company an “outperform” rating in a report on Wednesday, June 10th. Two investment analysts have rated the stock with a Buy rating, six have given a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, A. O. Smith presently has a consensus rating of “Reduce” and an average target price of $69.33.

A. O. Smith Profile

A. O. Smith Corporation, based in Milwaukee, Wisconsin, is a leading manufacturer of water heating and water treatment products for residential and commercial applications. Since its founding in 1874, the company has built a reputation for producing reliable, energy-efficient water heaters, boilers and pressure vessels. Its product portfolio encompasses gas, electric, condensing and tankless water heaters, as well as specialty boilers designed to meet a variety of building and industrial needs.

The company operates through two primary segments: North America and Asia.