AOS stock icon

A.O. Smith
AOS

$90.14
2%

Market Cap: 13.2B

 

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

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 6 analysts
0
News positive %
of 15 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

192% more call options, than puts

Call options by funds: $59.3M | Put options by funds: $20.3M

28% more first-time investments, than exits

New positions opened: 83 | Existing positions closed: 65

9% more capital invested

Capital invested by funds: $9.18B [Q4 2023] → $10B (+$860M) [Q1 2024]

3% more funds holding

Funds holding: 613 [Q4 2023] → 631 (+18) [Q1 2024]

1.89% more ownership

Funds ownership: 90.71% [Q4 2023] → 92.6% (+1.89%) [Q1 2024]

15% less repeat investments, than reductions

Existing positions increased: 215 | Existing positions reduced: 252

50% less funds holding in top 10

Funds holding in top 10: 2 [Q4 2023] → 1 (-1) [Q1 2024]

Research analyst outlook

6 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$75
17%
downside
Avg. target
$89
1%
downside
High target
$95
5%
upside

6 analyst ratings

positive
0%
neutral
83%
negative
17%
UBS
Damian Karas
17%downside
$75
Sell
Maintained
8 Jul 2024
Stifel
Nathan Jones
0%downside
$90
Hold
Maintained
26 Apr 2024
Baird
Michael Halloran
2%upside
$92
Neutral
Maintained
26 Apr 2024
Stifel
Nathan Jones
1%upside
$91
Hold
Maintained
17 Apr 2024
Jefferies
Saree Boroditsky
0%downside
$90
Hold
Maintained
12 Apr 2024

Financial journalist opinion

Based on 15 articles about AOS published over the past 30 days