Q4 EPS Estimates for A. O. Smith Lowered by Zacks Research

A. O. Smith Co. (NYSE:AOS) – Analysts at Zacks Research lowered their Q4 2024 earnings estimates for A. O. Smith in a report released on Wednesday, December 11th. Zacks Research analyst R. Department now expects that the industrial products company will earn $0.88 per share for the quarter, down from their prior forecast of $0.90. The consensus estimate for A. O. Smith’s current full-year earnings is $3.78 per share. Zacks Research also issued estimates for A. O. Smith’s Q1 2025 earnings at $0.96 EPS, Q2 2025 earnings at $1.08 EPS, Q3 2025 earnings at $0.91 EPS, FY2025 earnings at $3.94 EPS, Q1 2026 earnings at $1.04 EPS, Q2 2026 earnings at $1.17 EPS, Q3 2026 earnings at $1.04 EPS and FY2026 earnings at $4.35 EPS.

A number of other analysts have also issued reports on AOS. DA Davidson lowered A. O. Smith from a “buy” rating to a “neutral” rating and set a $80.00 target price on the stock. in a report on Wednesday, October 23rd. UBS Group raised shares of A. O. Smith from a “sell” rating to a “neutral” rating and boosted their price target for the stock from $75.00 to $80.00 in a research note on Wednesday, October 23rd. Citigroup decreased their target price on A. O. Smith from $85.00 to $78.00 and set a “neutral” rating for the company in a research report on Monday, December 9th. Stifel Nicolaus cut their price target on shares of A. O. Smith from $91.00 to $90.00 and set a “buy” rating on the stock in a research note on Wednesday. Finally, Robert W. Baird reduced their price objective on shares of A. O. Smith from $82.00 to $81.00 and set a “neutral” rating for the company in a research note on Wednesday, October 23rd. Seven analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to data from MarketBeat, A. O. Smith has an average rating of “Hold” and an average price target of $83.17.

A. O. Smith Stock Performance

Shares of AOS opened at $72.49 on Friday. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.67 and a quick ratio of 1.02. A. O. Smith has a one year low of $70.73 and a one year high of $92.44. The company’s fifty day moving average price is $76.19 and its 200 day moving average price is $80.58. The company has a market capitalization of $10.51 billion, a PE ratio of 19.08, a price-to-earnings-growth ratio of 1.93 and a beta of 1.16.

A. O. Smith (NYSE:AOS) last announced its quarterly earnings results on Tuesday, October 22nd. The industrial products company reported $0.82 EPS for the quarter, meeting the consensus estimate of $0.82. The business had revenue of $957.80 million during the quarter, compared to analysts’ expectations of $960.36 million. A. O. Smith had a return on equity of 30.09% and a net margin of 14.41%. During the same quarter in the previous year, the business posted $0.90 EPS.

A. O. Smith Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, November 15th. Investors of record on Thursday, October 31st were paid a dividend of $0.34 per share. The ex-dividend date of this dividend was Thursday, October 31st. This represents a $1.36 annualized dividend and a yield of 1.88%. This is a boost from A. O. Smith’s previous quarterly dividend of $0.32. A. O. Smith’s dividend payout ratio (DPR) is currently 35.79%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in AOS. Wilmington Savings Fund Society FSB acquired a new position in A. O. Smith during the 3rd quarter valued at about $1,726,000. Sanctuary Advisors LLC grew its holdings in A. O. Smith by 11.4% during the third quarter. Sanctuary Advisors LLC now owns 18,370 shares of the industrial products company’s stock worth $1,650,000 after buying an additional 1,882 shares in the last quarter. Virtu Financial LLC grew its holdings in A. O. Smith by 60.0% during the third quarter. Virtu Financial LLC now owns 4,569 shares of the industrial products company’s stock worth $410,000 after buying an additional 1,713 shares in the last quarter. Toronto Dominion Bank boosted its holdings in A. O. Smith by 0.7% during the 3rd quarter. Toronto Dominion Bank now owns 59,376 shares of the industrial products company’s stock worth $5,334,000 after acquiring an additional 436 shares during the last quarter. Finally, Coldstream Capital Management Inc. grew its stake in shares of A. O. Smith by 8.7% in the 3rd quarter. Coldstream Capital Management Inc. now owns 3,788 shares of the industrial products company’s stock worth $339,000 after acquiring an additional 302 shares in the last quarter. 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.