A.O. Smith
AOS

$81.54

2.02%

Market Cap: $11.9B

About: A.O. Smith Corporation manufactures and markets comprehensive lines of residential and commercial gas, gas tankless, and electric water heaters. Supplementary products include water heating equipment, condensing and noncondensing boilers, and water system tanks. The company's two operating segments are by geographic region: North America (majority of total revenue) and the Rest of the World. A material portion of sales in North America derive from replacing existing products, and the company utilizes a wholesale distribution channel and multiple selling locations. The Rest of the World segment sells majorly in Asian countries and operates sales offices to expand distribution and market its product portfolio.

Employees: 12,000

Consumer Discretionary Household Appliances

0

Funds holding %

of 6,710 funds

0

Analysts bullish %

of 4 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

345% more call options, than puts

Call options by funds: $71.1M | Put options by funds: $16M

0% more funds holding in top 10

Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]

1% less repeat investments, than reductions

Existing positions increased: 235 | Existing positions reduced: 237

2.35% less ownership

Funds ownership: 94.2% [Q1] → 91.84% (-2.35%) [Q2]

3% less funds holding

Funds holding: 641 [Q1] → 623 (-18) [Q2]

11% less capital invested

Capital invested by funds: $10.2B [Q1] → $9.07B (-$1.14B) [Q2]

23% less first-time investments, than exits

New positions opened: 59 | Existing positions closed: 77

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Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$75

8%

downside

Avg. target

$90

10%

upside

High target

$98

20%

upside

4 analyst ratings

1 positive

25%

2 neutral

50%

1 negative

25%

Baird Michael Halloran 45% 1-year accuracy 10 / 22 met price target	10%upside $90	Neutral Maintained	24 Jul 2024
Stifel Nathan Jones 65% 1-year accuracy 41 / 63 met price target	20%upside $98	Buy Upgraded	24 Jul 2024
Stifel Nathan Jones 65% 1-year accuracy 41 / 63 met price target	19%upside $97	Hold Maintained	18 Jul 2024
UBS Damian Karas 64% 1-year accuracy 7 / 11 met price target	8%downside $75	Sell Maintained	8 Jul 2024

See Analyst Rankings

Financial journalist opinion

Zacks Investment Research

Here's Why it is Appropriate to Retain A. O. Smith Stock Now

A. O. Smith Corporation AOS is poised to gain from improving supply chains, which are driving shipments in North America and internationally. The company's handsome rewards to shareholders add to its appeal.

Here's Why it is Appropriate to Retain A. O. Smith Stock Now

Zacks Investment Research

A.O. Smith (AOS) Up 1.4% Since Last Earnings Report: Can It Continue?

A.O. Smith (AOS) reported earnings 30 days ago. What's next for the stock?

A.O. Smith (AOS) Up 1.4% Since Last Earnings Report: Can It Continue?

Zacks Investment Research

Reasons to Hold A. O. Smith (AOS) Stock in Your Portfolio Now

A. O. Smith (AOS) gains from strength in its businesses, acquisitions and a solid liquidity position. However, a tough real estate market in China remains a concern.

Reasons to Hold A. O. Smith (AOS) Stock in Your Portfolio Now

A. O. Smith: Short-Term Volatility Could Be A Long-Term Opportunity

A. O. Smith has been around for 150 years and has an excellent track record when it comes to sustainable dividend growth. The company recently published its quarterly earnings, which were poorly received by investors. Higher steel prices and headwinds regarding growth in China are causing mild stagnation in growth and profitability.

A. O. Smith: Short-Term Volatility Could Be A Long-Term Opportunity

A. O. Smith Corporation (AOS) Q2 2024 Earnings Call Transcript

A. O. Smith Corporation (NYSE:AOS ) Q2 2024 Earnings Conference Call July 23, 2024 10:00 AM ET Company Participants Helen Gurholt - VP, IR and Financial Planning & Analysis Kevin Wheeler - Chairman & CEO Chuck Lauber - CFO Conference Call Participants Matt Summerville - D.A. Davidson Jeff Hammond - KeyBanc Capital Markets Susan Maklari - Goldman Sachs Saree Boroditsky - Jefferies Andy Kaplowitz - Citigroup David MacGregor - Longbow Research Scott Graham - Seaport Research Partners Damian Karas - UBS Operator Good day.

A. O. Smith Corporation (AOS) Q2 2024 Earnings Call Transcript

Zacks Investment Research

A. O. Smith (AOS) Q2 Earnings Miss Estimates, Sales Rise Y/Y

A. O. Smith's (AOS) Q2 results benefit from robust demand for commercial water heaters. Higher sales volumes of kitchen appliance products in China are added positives.

A. O. Smith (AOS) Q2 Earnings Miss Estimates, Sales Rise Y/Y

Zacks Investment Research

A.O. Smith (AOS) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

The headline numbers for A.O. Smith (AOS) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

A.O. Smith (AOS) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

Zacks Investment Research

A.O. Smith (AOS) Misses Q2 Earnings Estimates

A.O. Smith (AOS) came out with quarterly earnings of $1.06 per share, missing the Zacks Consensus Estimate of $1.07 per share. This compares to earnings of $1.01 per share a year ago.

A.O. Smith (AOS) Misses Q2 Earnings Estimates

A. O. Smith Reports Record Sales in the Second Quarter

Second Quarter 2024 Highlights (Comparisons are year-over-year ("YoY"), unless otherwise noted) Record sales of $1 billion, an increase of 7%, driven by higher water heater volumes Diluted earnings per share (EPS) of $1.06, a YoY increase of 2% and an increase of 5% compared to prior year adjusted EPS Reaffirm 2024 sales outlook of an increase of 3% to 5% Narrow EPS guidance to a range of between $3.95 and $4.10 Recently announced Pureit acquisition expected to close by the end of 2024 MILWAUKEE , July 23, 2024 /PRNewswire/ -- Global water technology company A. O. Smith Corporation ("the Company") (NYSE: AOS) today announced its second quarter 2024 results.

A. O. Smith Reports Record Sales in the Second Quarter

Zacks Investment Research

What's in Store for These 5 Industrial Stocks in Q2: Beat or Miss?

Here is a preview of how five major industrial product stocks, DOV, AVY, PKG, PNR and AOS, are expected to fare in their Q2 results slated to be released this week.

What's in Store for These 5 Industrial Stocks in Q2: Beat or Miss?

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