A.O. Smith
AOS
Market cap $11.4B

78.24 USD

-0.36

0.46%

Updated Oct 22, 10:47 AM EDT

1 day

-0.46%

5 days

-3.83%

1 month

-6.83%

3 months

-11.90%

6 months

-9.97%

Year to date

-3.93%

1 year

17.85%

5 years

51.22%

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 6,740 funds

–

Analysts bullish %

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]

2% less repeat investments, than reductions

Existing positions increased: 235 | Existing positions reduced: 240

2% less funds holding

Funds holding: 642 [Q1] → 630 (-12) [Q2]

2.34% less ownership

Funds ownership: 94.21% [Q1] → 91.86% (-2.34%) [Q2]

11% less capital invested

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

17% less first-time investments, than exits

New positions opened: 60 | Existing positions closed: 72

See Fund Rankings

Research analyst outlook

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

Low target

$90

15%

upside

Avg. target

$94

20%

upside

High target

$98

25%

upside

2 analyst ratings

1 positive

50%

1 neutral

50%

0 negative

0%

Baird Michael Halloran 81% 1-year accuracy 17 / 21 met price target	15%upside $90	Neutral Maintained	24 Jul 2024
Stifel Nathan Jones 84% 1-year accuracy 56 / 67 met price target	25%upside $98	Buy Upgraded	24 Jul 2024

See Analyst Rankings

Financial journalist opinion

Based on 13 articles about AOS published over the past 30 days

Zacks Investment Research

A.O. Smith (AOS) Q3 Earnings Meet Estimates

A.O. Smith (AOS) came out with quarterly earnings of $0.82 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.90 per share a year ago.

A.O. Smith (AOS) Q3 Earnings Meet Estimates

A. O. Smith Reports Third Quarter Performance

Third Quarter 2024 Highlights (Comparisons are year-over-year ("YoY"), unless otherwise noted) Sales of $903 million, a decrease of 4%, driven by lower sales in China and lower volumes of water heaters in North America Net earnings of $120 million, a decrease of 11% Diluted earnings per share (EPS) of $0.82, a decrease of 9% Reaffirm revised 2024 EPS outlook of $3.70 to $3.85 6% increase to our dividend; we have increased our dividend for 32 consecutive years Recently announced Pureit acquisition on track to close by the end of 2024 MILWAUKEE , Oct. 22, 2024 /PRNewswire/ -- Global water technology company A. O. Smith Corporation ("the Company") (NYSE: AOS) today announced its third quarter 2024 results.

A. O. Smith Reports Third Quarter Performance

Zacks Investment Research

A. O. Smith Gears Up for Q3 Earnings: What Lies Ahead for the Stock?

Decline in orders for residential and commercial water heater products, rising costs and forex woes are likely to hurt AOS' Q3 results.

A. O. Smith Gears Up for Q3 Earnings: What Lies Ahead for the Stock?

Zacks Investment Research

Unlocking Q3 Potential of A.O. Smith (AOS): Exploring Wall Street Estimates for Key Metrics

Evaluate the expected performance of A.O. Smith (AOS) for the quarter ended September 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

Unlocking Q3 Potential of A.O. Smith (AOS): Exploring Wall Street Estimates for Key Metrics

Eyeing Dividend Growers With Unusual Earnings Dates

The third-quarter earnings season is off and running as stocks hold near highs. Shareholder returns via dividends and buybacks are in focus. We highlight three upcoming reporters with unusual earnings dates compared to historical trends.

Eyeing Dividend Growers With Unusual Earnings Dates

Zacks Investment Research

New Strong Sell Stocks for October 16th

AOS, DE and MTW have been added to the Zacks Rank #24 (Strong Sell) List on October 16, 2024.

New Strong Sell Stocks for October 16th

Tesla, A. O. Smith And Other Big Stocks Moving Lower In Friday's Pre-Market Session

U.S. stock futures were mixed this morning, with the Dow futures gaining around 0.1% on Friday.

Tesla, A. O. Smith And Other Big Stocks Moving Lower In Friday's Pre-Market Session

A.O. Smith Stock Sinks on Guidance Cut. CEO Points to ‘Softness in China.

The water technology company slashes its earnings outlook for the fiscal year and offers preliminary third-quarter results.

A.O. Smith Stock Sinks on Guidance Cut. CEO Points to ‘Softness in China.

A. O. Smith Announces Preliminary Third Quarter Results and Provides Revised 2024 Full Year Guidance

Summary (Comparisons are year-over-year ("YoY"), unless otherwise noted) Preliminary third quarter sales of $903 million, a decrease of 4%, due to lower sales in China and North America water heating Preliminary third quarter earnings per share ("EPS") of $0.82, a decrease of 9% Preliminary cash provided by operations of $360 million and preliminary free cash flow of $283 million in the first nine months of 2024 Lowered full year EPS guidance to be between $3.70 and $3.85 compared to prior guidance of $3.95 to $4.10 MILWAUKEE , Oct. 11, 2024 /PRNewswire/ -- Global water technology company A. O. Smith Corporation ("the Company") (NYSE: AOS) today announced preliminary third quarter results and provided revised full year guidance.

A. O. Smith Announces Preliminary Third Quarter Results and Provides Revised 2024 Full Year Guidance

Is A. O. Smith A Good Buy Ahead Of Its Q3 Results?

A. O. Smith has underperformed other industrial stocks this year, generating only returns of 8%. A. O. Smith's Q3-24 results are expected to be weak, with revenue growth slowing to 2% from the 7% levels seen in Q2. Although the situation isn't alarming, we do have some concerns about the company's dwindling cash position and highlight why its net cash stance could shift to a net debt stance.

Is A. O. Smith A Good Buy Ahead Of Its Q3 Results?

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