Arlington Trust Co LLC Purchases 350 Shares of A. O. Smith Co. (NYSE:AOS)

Arlington Trust Co LLC raised its position in A. O. Smith Co. (NYSE:AOS) by 4.2% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 8,722 shares of the industrial products company’s stock after purchasing an additional 350 shares during the period. Arlington Trust Co LLC’s holdings in A. O. Smith were worth $595,000 as of its most recent filing with the SEC.

Several other hedge funds also recently bought and sold shares of the company. Wilmington Savings Fund Society FSB bought a new stake in shares of A. O. Smith in the 3rd quarter valued at $1,726,000. FORA Capital LLC bought a new stake in shares of A. O. Smith in the third quarter worth about $730,000. Geode Capital Management LLC raised its position in shares of A. O. Smith by 1.5% during the third quarter. Geode Capital Management LLC now owns 3,586,905 shares of the industrial products company’s stock worth $321,348,000 after purchasing an additional 52,593 shares during the period. WealthPlan Investment Management LLC lifted its holdings in shares of A. O. Smith by 89.3% during the 3rd quarter. WealthPlan Investment Management LLC now owns 36,206 shares of the industrial products company’s stock valued at $3,252,000 after purchasing an additional 17,079 shares in the last quarter. Finally, Fisher Asset Management LLC grew its position in shares of A. O. Smith by 3.9% in the 3rd quarter. Fisher Asset Management LLC now owns 2,302,659 shares of the industrial products company’s stock valued at $206,848,000 after purchasing an additional 87,458 shares during the period. 76.10% of the stock is currently owned by institutional investors and hedge funds.

A. O. Smith Stock Performance

Shares of NYSE AOS opened at $65.19 on Monday. The stock has a market capitalization of $9.45 billion, a PE ratio of 17.96, a price-to-earnings-growth ratio of 1.45 and a beta of 1.17. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.96 and a current ratio of 1.55. A. O. Smith Co. has a 52 week low of $64.94 and a 52 week high of $92.44. The stock has a 50 day moving average price of $69.85 and a 200 day moving average price of $76.51.

A. O. Smith (NYSE:AOS) last posted its quarterly earnings results on Thursday, January 30th. The industrial products company reported $0.85 EPS for the quarter, missing analysts’ consensus estimates of $0.90 by ($0.05). A. O. Smith had a return on equity of 28.87% and a net margin of 13.98%. Analysts predict that A. O. Smith Co. will post 3.77 earnings per share for the current fiscal year.

A. O. Smith Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, February 18th. Investors of record on Friday, January 31st will be paid a $0.34 dividend. The ex-dividend date is Friday, January 31st. This represents a $1.36 dividend on an annualized basis and a yield of 2.09%. A. O. Smith’s dividend payout ratio (DPR) is currently 37.47%.

Analyst Ratings Changes

Several analysts have commented on AOS shares. Oppenheimer dropped their target price on shares of A. O. Smith from $88.00 to $84.00 and set an “outperform” rating on the stock in a report on Friday, January 31st. Citigroup reduced their target price on shares of A. O. Smith from $78.00 to $73.00 and set a “neutral” rating for the company in a research note on Monday, January 13th. Robert W. Baird cut their price target on A. O. Smith from $82.00 to $81.00 and set a “neutral” rating on the stock in a report on Wednesday, October 23rd. DA Davidson downgraded A. O. Smith from a “buy” rating to a “neutral” rating and set a $80.00 price objective for the company. in a report on Wednesday, October 23rd. Finally, Stifel Nicolaus cut their target price on A. O. Smith from $90.00 to $84.00 and set a “buy” rating on the stock in a research note on Friday, January 31st. Five equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, A. O. Smith presently has an average rating of “Hold” and an average price target of $80.86.

About A. O. Smith

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.