A.O. Smith
About: A.O. Smith manufactures a broad lineup of water heaters, boilers, and water treatment products. The company has two reporting segments: North America (75% of sales) and rest of world (25% of sales). A.O. Smith is the leading manufacturer of water heaters in North America for the residential and commercial markets, with approximately 37% and 54% market share, respectively. Residential water heaters account for Most of North American sales and are distributed equally through wholesale and retail channels. Most of A.O. Smith's international revenue is from China, a market the company entered during the mid-1990s.
Employees: 12,700
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
257% more call options, than puts
Call options by funds: $55.3M | Put options by funds: $15.5M
1.13% more ownership
Funds ownership: 90.98% [Q3] → 92.1% (+1.13%) [Q4]
6% less first-time investments, than exits
New positions opened: 90 | Existing positions closed: 96
3% less funds holding
Funds holding: 643 [Q3] → 626 (-17) [Q4]
12% less repeat investments, than reductions
Existing positions increased: 211 | Existing positions reduced: 239
23% less capital invested
Capital invested by funds: $9.8B [Q3] → $7.54B (-$2.26B) [Q4]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
UBS Damian Karas 38% 1-year accuracy 6 / 16 met price target | 13%upside $74 | Neutral Maintained | 31 Jan 2025 |
Oppenheimer Bryan Blair 35% 1-year accuracy 13 / 37 met price target | 28%upside $84 | Outperform Maintained | 31 Jan 2025 |
Stifel Nathan Jones 33% 1-year accuracy 22 / 67 met price target | 28%upside $84 | Buy Maintained | 31 Jan 2025 |
Citigroup Andrew Kaplowitz 27% 1-year accuracy 22 / 82 met price target | 11%upside $73 | Neutral Maintained | 13 Jan 2025 |
Financial journalist opinion
Based on 4 articles about AOS published over the past 30 days
