Brindle & Bay Financial Advisors LLC Invests $751,000 in A. O. Smith Corporation $AOS

Brindle & Bay Financial Advisors LLC acquired a new stake in A. O. Smith Corporation (NYSE:AOS) in the first quarter, Holdings Channel.com reports. The fund acquired 11,396 shares of the industrial products company’s stock, valued at approximately $751,000.

Other hedge funds have also recently bought and sold shares of the company. Prospera Financial Services Inc boosted its holdings in A. O. Smith by 4.0% during the 4th quarter. Prospera Financial Services Inc now owns 3,261 shares of the industrial products company’s stock valued at $218,000 after acquiring an additional 126 shares during the period. Grey Ledge Advisors LLC grew its position in A. O. Smith by 1.4% in the 4th quarter. Grey Ledge Advisors LLC now owns 8,966 shares of the industrial products company’s stock valued at $600,000 after acquiring an additional 128 shares in the last quarter. Eukles Asset Management increased its stake in A. O. Smith by 0.5% during the fourth quarter. Eukles Asset Management now owns 29,240 shares of the industrial products company’s stock worth $1,956,000 after purchasing an additional 151 shares during the period. Larson Financial Group LLC increased its stake in A. O. Smith by 31.8% during the fourth quarter. Larson Financial Group LLC now owns 642 shares of the industrial products company’s stock worth $43,000 after purchasing an additional 155 shares during the period. Finally, Founders Financial Alliance LLC lifted its position in shares of A. O. Smith by 2.8% during the fourth quarter. Founders Financial Alliance LLC now owns 5,607 shares of the industrial products company’s stock worth $375,000 after purchasing an additional 155 shares in the last quarter. Institutional investors and hedge funds own 76.10% of the company’s stock.

Analysts Set New Price Targets

AOS has been the subject of several recent research reports. DA Davidson set a $67.00 price objective on shares of A. O. Smith and gave the company a “neutral” rating in a research note on Monday, May 4th. Citigroup cut their target price on shares of A. O. Smith from $74.00 to $65.00 and set a “neutral” rating on the stock in a research note on Monday, May 4th. Oppenheimer set a $75.00 target price on shares of A. O. Smith and gave the stock an “outperform” rating in a report on Wednesday, June 10th. JPMorgan Chase & Co. restated an “underweight” rating and issued a $60.00 price target (down from $65.00) on shares of A. O. Smith in a research note on Friday, May 15th. Finally, Robert W. Baird set a $70.00 price objective on A. O. Smith in a research report on Friday, May 1st. Two analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, A. O. Smith has an average rating of “Reduce” and an average target price of $69.33.

A. O. Smith Stock Performance

Shares of AOS opened at $60.52 on Monday. A. O. Smith Corporation has a 1 year low of $54.16 and a 1 year high of $81.86. The stock has a market capitalization of $8.34 billion, a PE ratio of 16.09, a PEG ratio of 1.34 and a beta of 1.16. 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 50-day simple moving average of $58.89 and a 200-day simple moving average of $66.19.

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

About A. O. Smith

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.