A. O. Smith Co. (NYSE:AOS) Shares Sold by Bank of New Hampshire

Bank of New Hampshire trimmed its holdings in A. O. Smith Co. (NYSE:AOS) by 30.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 967 shares of the industrial products company’s stock after selling 433 shares during the quarter. Bank of New Hampshire’s holdings in A. O. Smith were worth $66,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. University of Texas Texas AM Investment Management Co. purchased a new stake in shares of A. O. Smith in the second quarter valued at about $25,000. Quarry LP increased its position in A. O. Smith by 214.9% in the 2nd quarter. Quarry LP now owns 359 shares of the industrial products company’s stock valued at $29,000 after acquiring an additional 245 shares during the period. Waldron Private Wealth LLC purchased a new stake in A. O. Smith during the 3rd quarter valued at approximately $32,000. Wolff Wiese Magana LLC acquired a new stake in A. O. Smith during the 3rd quarter worth approximately $37,000. Finally, Brooklyn Investment Group purchased a new position in shares of A. O. Smith in the 3rd quarter valued at approximately $43,000. Institutional investors and hedge funds own 76.10% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently weighed in on AOS. Citigroup decreased their price target on A. O. Smith from $85.00 to $78.00 and set a “neutral” rating for the company in a report on Monday, December 9th. StockNews.com upgraded shares of A. O. Smith from a “hold” rating to a “buy” rating in a research report on Tuesday. Stifel Nicolaus dropped their price objective on A. O. Smith from $91.00 to $90.00 and set a “buy” rating for the company in a research note on Wednesday, December 11th. Robert W. Baird decreased their target price on A. O. Smith from $82.00 to $81.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 23rd. Finally, DA Davidson cut A. O. Smith from a “buy” rating to a “neutral” rating and set a $80.00 price target for the company. in a research report on Wednesday, October 23rd. Six research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $83.17.

A. O. Smith Stock Performance

NYSE AOS opened at $68.25 on Wednesday. The company has a quick ratio of 1.02, a current ratio of 1.67 and a debt-to-equity ratio of 0.06. The stock has a market cap of $9.90 billion, a price-to-earnings ratio of 17.96, a price-to-earnings-growth ratio of 1.92 and a beta of 1.18. A. O. Smith Co. has a fifty-two week low of $67.17 and a fifty-two week high of $92.44. The business has a fifty day moving average of $72.14 and a 200-day moving average of $78.92.

A. O. Smith (NYSE:AOS) last released its earnings results on Tuesday, October 22nd. The industrial products company reported $0.82 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.82. The company had revenue of $957.80 million for the quarter, compared to analyst estimates of $960.36 million. A. O. Smith had a net margin of 14.41% and a return on equity of 30.09%. During the same period in the prior year, the firm earned $0.90 EPS. As a group, analysts predict that A. O. Smith Co. will post 3.77 earnings per share for the current fiscal year.

A. O. Smith 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.