A. O. Smith Co. (NYSE:AOS) SVP Douglas Samuel Karge Sells 419 Shares

A. O. Smith Co. (NYSE:AOS) SVP Douglas Samuel Karge sold 419 shares of the company’s stock in a transaction 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 completion of the transaction, the senior vice president now directly owns 2,749 shares in the company, valued at approximately $180,471.85. The trade was a 13.23 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

A. O. Smith Trading Up 0.4 %

NYSE:AOS opened at $65.97 on Wednesday. The firm has a market capitalization of $9.56 billion, a P/E ratio of 18.17, a P/E/G ratio of 1.45 and a beta of 1.17. The company has a quick ratio of 0.96, a current ratio of 1.55 and a debt-to-equity ratio of 0.10. The company has a fifty day moving average of $69.51 and a 200 day moving average of $76.26. A. O. Smith Co. has a 52 week low of $64.94 and a 52 week high of $92.44.

A. O. Smith (NYSE:AOS) last issued its quarterly earnings data on Thursday, January 30th. The industrial products company reported $0.85 EPS for the quarter, missing the consensus estimate of $0.90 by ($0.05). A. O. Smith had a net margin of 13.98% and a return on equity of 28.87%. On average, research analysts predict that A. O. Smith Co. will post 3.77 earnings per share for the current year.

A. O. Smith Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, February 18th. Investors of record on Friday, January 31st will be paid a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a yield of 2.06%. The ex-dividend date is Friday, January 31st. A. O. Smith’s payout ratio is 37.47%.

Analyst Ratings Changes

A number of analysts have recently issued reports on AOS shares. Citigroup dropped their price target on A. O. Smith from $78.00 to $73.00 and set a “neutral” rating for the company in a research report on Monday, January 13th. StockNews.com upgraded shares of A. O. Smith from a “hold” rating to a “buy” rating in a research report on Friday, January 31st. Oppenheimer decreased their price target on shares of A. O. Smith from $88.00 to $84.00 and set an “outperform” rating on the stock in a report on Friday, January 31st. Stifel Nicolaus dropped their price objective on shares of A. O. Smith from $90.00 to $84.00 and set a “buy” rating for the company in a report on Friday, January 31st. Finally, UBS Group reduced their target price on A. O. Smith from $80.00 to $74.00 and set a “neutral” rating on the stock in a research note on Friday, January 31st. Five investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $80.86.

Institutional Trading of A. O. Smith

Several large investors have recently added to or reduced their stakes in AOS. Huntington National Bank lifted its position in shares of A. O. Smith by 19.8% in the 3rd quarter. Huntington National Bank now owns 812 shares of the industrial products company’s stock worth $73,000 after purchasing an additional 134 shares during the period. UMB Bank n.a. raised its stake in A. O. Smith by 12.5% in the third quarter. UMB Bank n.a. now owns 1,227 shares of the industrial products company’s stock worth $110,000 after buying an additional 136 shares in the last quarter. Gateway Investment Advisers LLC lifted its holdings in A. O. Smith by 5.0% in the third quarter. Gateway Investment Advisers LLC now owns 2,989 shares of the industrial products company’s stock worth $269,000 after buying an additional 142 shares during the period. OneDigital Investment Advisors LLC boosted its position in A. O. Smith by 5.1% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 3,240 shares of the industrial products company’s stock valued at $291,000 after acquiring an additional 156 shares in the last quarter. Finally, Glenmede Trust Co. NA grew its holdings in shares of A. O. Smith by 4.3% during the 3rd quarter. Glenmede Trust Co. NA now owns 3,992 shares of the industrial products company’s stock worth $359,000 after acquiring an additional 163 shares during the period. 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.