Sanctuary Advisors LLC acquired a brand new place in shares of A. O. Smith Co. (NYSE:AOS – Free Report) within the 2nd quarter, in line with the corporate in its most up-to-date disclosure with the Securities & Change Fee. The agency acquired 16,488 shares of the commercial merchandise firm’s inventory, valued at roughly $1,372,000.
A number of different hedge funds additionally just lately modified their holdings of the corporate. Aristides Capital LLC acquired a brand new stake in shares of A. O. Smith throughout the second quarter price roughly $249,000. Cetera Funding Advisers elevated its holdings in shares of A. O. Smith by 2.6% throughout the second quarter. Cetera Funding Advisers now owns 25,904 shares of the commercial merchandise firm’s inventory price $2,119,000 after shopping for a further 649 shares within the final quarter. Truist Monetary Corp elevated its holdings in shares of A. O. Smith by 1.4% throughout the second quarter. Truist Monetary Corp now owns 13,844 shares of the commercial merchandise firm’s inventory price $1,132,000 after shopping for a further 193 shares within the final quarter. Quarry LP elevated its holdings in shares of A. O. Smith by 214.9% throughout the second quarter. Quarry LP now owns 359 shares of the commercial merchandise firm’s inventory price $29,000 after shopping for a further 245 shares within the final quarter. Lastly, Northwestern Mutual Wealth Administration Co. elevated its holdings in shares of A. O. Smith by 7.2% throughout the second quarter. Northwestern Mutual Wealth Administration Co. now owns 2,007 shares of the commercial merchandise firm’s inventory price $164,000 after shopping for a further 134 shares within the final quarter. Institutional traders and hedge funds personal 76.10% of the corporate’s inventory.
A. O. Smith Value Efficiency
Shares of AOS inventory opened at $86.27 on Friday. A. O. Smith Co. has a 52-week low of $65.08 and a 52-week excessive of $92.44. The inventory has a market cap of $12.65 billion, a PE ratio of twenty-two.35, a PEG ratio of two.39 and a beta of 1.15. The corporate has a debt-to-equity ratio of 0.07, a fast ratio of 1.07 and a present ratio of 1.70. The agency’s 50 day shifting common worth is $82.76 and its two-hundred day shifting common worth is $84.07.
A. O. Smith (NYSE:AOS – Get Free Report) final introduced its quarterly earnings knowledge on Tuesday, July twenty third. The commercial merchandise firm reported $1.06 earnings per share (EPS) for the quarter, lacking analysts’ consensus estimates of $1.07 by ($0.01). A. O. Smith had a internet margin of 14.67% and a return on fairness of 31.04%. The enterprise had income of $1.02 billion throughout the quarter, in comparison with the consensus estimate of $1 billion. Throughout the identical interval within the earlier yr, the enterprise posted $1.01 earnings per share. A. O. Smith’s income was up 6.6% in comparison with the identical quarter final yr. As a bunch, analysts forecast that A. O. Smith Co. will publish 4.07 EPS for the present yr.
A. O. Smith Will increase Dividend
The corporate additionally just lately introduced a quarterly dividend, which might be paid on Friday, November fifteenth. Shareholders of document on Thursday, October thirty first might be issued a $0.34 dividend. The ex-dividend date is Thursday, October thirty first. It is a constructive change from A. O. Smith’s earlier quarterly dividend of $0.32. This represents a $1.36 annualized dividend and a yield of 1.58%. A. O. Smith’s dividend payout ratio (DPR) is 33.16%.
Wall Road Analysts Forecast Progress
A number of analysts have just lately commented on the inventory. Robert W. Baird decreased their worth goal on shares of A. O. Smith from $92.00 to $90.00 and set a “impartial” score on the inventory in a analysis word on Wednesday, July twenty fourth. Stifel Nicolaus raised shares of A. O. Smith from a “maintain” score to a “purchase” score and elevated their worth goal for the corporate from $97.00 to $98.00 in a analysis word on Wednesday, July twenty fourth. UBS Group elevated their worth goal on shares of A. O. Smith from $73.00 to $75.00 and gave the corporate a “promote” score in a analysis word on Monday, July eighth. Lastly, StockNews.com raised shares of A. O. Smith from a “maintain” score to a “purchase” score in a analysis word on Tuesday. One analysis analyst has rated the inventory with a promote score, 4 have issued a maintain score and three have assigned a purchase score to the corporate’s inventory. Based mostly on knowledge from MarketBeat.com, A. O. Smith presently has a consensus score of “Maintain” and a median goal worth of $89.67.
Examine Out Our Newest Analysis Report on A. O. Smith
Insiders Place Their Bets
In different A. O. Smith information, SVP Samuel M. Carver offered 14,705 shares of the inventory in a transaction on Wednesday, August seventh. The shares had been offered at a median worth of $81.00, for a complete worth of $1,191,105.00. Following the sale, the senior vp now immediately owns 2,399 shares within the firm, valued at roughly $194,319. This commerce represents a 0.00 % lower of their possession of the inventory. The transaction was disclosed in a doc filed with the SEC, which is accessible by the SEC web site. Firm insiders personal 2.70% of the corporate’s inventory.
A. O. Smith Profile
A. O. Smith Company manufactures and markets residential and business fuel and electrical water heaters, boilers, warmth pumps, tanks, and water remedy merchandise in North America, China, Europe, and India. The corporate affords water heaters for residences, eating places, motels, workplace buildings, laundries, automobile washes, and small companies; boilers for hospitals, faculties, motels, and different massive business buildings, in addition to properties, residences, and condominiums; and water remedy merchandise comprising point-of-entry water softeners, nicely water options, and whole-home water filtration merchandise, and point-of-use carbon and reverse osmosis merchandise for residences, eating places, motels, and places of work.
Advisable Tales
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