Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently sold shares of A. O. Smith Co. (NYSE:AOS). In a filing disclosed on March 27th, the Representative disclosed that they had sold between $1,001 and $15,000 in A. O. Smith stock on February 25th. The trade occurred in the Representative’s “JP MORGAN BROKERAGE ACCOUNT” account.
Representative Robert Bresnahan, Jr. also recently made the following trade(s):
- Purchased $1,001 – $15,000 in shares of Intuit (NASDAQ:INTU) on 3/7/2025.
- Sold $1,001 – $15,000 in shares of Tesla (NASDAQ:TSLA) on 3/6/2025.
- Purchased $1,001 – $15,000 in shares of SEA (NYSE:SE) on 3/5/2025.
- Sold $1,001 – $15,000 in shares of Credo Technology Group (NASDAQ:CRDO) on 3/4/2025.
- Purchased $1,001 – $15,000 in shares of Meta Platforms (NASDAQ:META) on 3/4/2025.
- Purchased $1,001 – $15,000 in shares of Twilio (NYSE:TWLO) on 3/4/2025.
- Sold $15,001 – $50,000 in shares of Alibaba Group (NYSE:BABA) on 3/4/2025.
- Purchased $1,001 – $15,000 in shares of Zoom Video Communications (NASDAQ:ZM) on 3/4/2025.
- Purchased $1,001 – $15,000 in shares of Intel (NASDAQ:INTC) on 3/3/2025.
- Purchased $1,001 – $15,000 in shares of Snowflake (NYSE:SNOW) on 3/3/2025.
A. O. Smith Stock Performance
A. O. Smith stock traded down $1.31 during trading hours on Friday, hitting $65.59. The company had a trading volume of 762,124 shares, compared to its average volume of 1,080,691. The firm has a 50-day moving average of $67.29 and a 200 day moving average of $72.99. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.55 and a quick ratio of 0.96. The firm has a market cap of $9.44 billion, a PE ratio of 18.07, a PEG ratio of 1.46 and a beta of 1.18. A. O. Smith Co. has a one year low of $64.55 and a one year high of $92.45.
A. O. Smith Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Tuesday, February 18th. Stockholders of record on Friday, January 31st were paid a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a dividend yield of 2.07%. The ex-dividend date of this dividend was Friday, January 31st. A. O. Smith’s dividend payout ratio is presently 37.47%.
Analyst Upgrades and Downgrades
AOS has been the topic of a number of analyst reports. Oppenheimer decreased 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 research report on Friday, January 31st. Citigroup lowered their price objective on A. O. Smith from $78.00 to $73.00 and set a “neutral” rating on the stock in a research note on Monday, January 13th. Stifel Nicolaus cut their target price on A. O. Smith from $90.00 to $84.00 and set a “buy” rating for the company in a research report on Friday, January 31st. UBS Group dropped their price target on A. O. Smith from $80.00 to $74.00 and set a “neutral” rating for the company in a research note on Friday, January 31st. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of A. O. Smith in a research report on Saturday, March 22nd. Five investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $80.86.
View Our Latest Research Report on AOS
Institutional Investors Weigh In On A. O. Smith
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. grew its holdings in shares of A. O. Smith by 1.1% during the fourth quarter. Vanguard Group Inc. now owns 14,117,943 shares of the industrial products company’s stock worth $962,985,000 after purchasing an additional 148,432 shares during the last quarter. State Street Corp increased its position in A. O. Smith by 4.0% in the 3rd quarter. State Street Corp now owns 7,721,581 shares of the industrial products company’s stock valued at $693,630,000 after acquiring an additional 299,766 shares during the period. Invesco Ltd. raised its stake in shares of A. O. Smith by 26.8% during the fourth quarter. Invesco Ltd. now owns 4,704,295 shares of the industrial products company’s stock valued at $320,880,000 after acquiring an additional 995,043 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of A. O. Smith by 3.1% during the fourth quarter. Geode Capital Management LLC now owns 3,698,517 shares of the industrial products company’s stock worth $251,751,000 after purchasing an additional 111,612 shares during the period. Finally, First Trust Advisors LP grew its stake in shares of A. O. Smith by 19.0% in the fourth quarter. First Trust Advisors LP now owns 2,618,191 shares of the industrial products company’s stock worth $178,587,000 after purchasing an additional 417,595 shares during the last quarter. 76.10% of the stock is owned by institutional investors.
Insider Buying and Selling
In other A. O. Smith news, VP Robert J. Heideman sold 1,026 shares of the company’s stock in a transaction on Friday, February 7th. The shares were sold at an average price of $65.65, for a total transaction of $67,356.90. Following the sale, the vice president now owns 8,889 shares of the company’s stock, valued at approximately $583,562.85. This represents a 10.35 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, SVP Douglas Samuel Karge sold 419 shares of the stock in a transaction that occurred on Friday, February 7th. The stock was sold at an average price of $65.65, for a total value of $27,507.35. Following the transaction, the senior vice president now owns 2,749 shares in the company, valued at $180,471.85. The trade was a 13.23 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.76% of the stock is owned by corporate insiders.
About Representative Bresnahan
Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania’s 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania’s 8th Congressional District. He declared candidacy for the 2026 election.
Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.
A. O. Smith Company Profile
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.
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