Smith A O Corp Sentiment Worsening on Bad Stock Potential, Now at 1.14

June 29, 2018 - By Noel Courtney

A. O. Smith Corporation (NYSE:AOS) Corporate Logo

Positions for Smith A O Corp (NYSE:AOS)

“Big money sentiment for Smith A O Corp (NYSE:AOS) in Q1 2018 decreased to 1.14, SEC filings reveal. So its down -0.07, from 2017Q4’s 1.21. 189 investment managers opened new and increased holdings, while 166 sold and decreased equity positions in Smith A O Corp so the sentiment worsened. These funds own 121.99 million shares, that’s up from 120.93 million shares in 2017Q4. Funds holding Smith A O Corp in top 10 changed to 8 from 12 for a decrease of 4. 27 Investors Sold All; 139 Reduced Holdings; 128 increased holdings while 61 investment managers bought holdings.

Biggest Smith A O Corp Shareholders

Ecofin Ltd owns 563,487 shares in Smith A O Corp as of Q1 2018. As of Q1 2018, 233,481 shares of Smith A O Corp are owned by Water Asset Management Llc. In addition, Marietta Investment Partners Llc reported 313,764 shares in Smith A O Corp equivalent to 5.98% of its fund portfolio. Garrison Bradford & Associates Inc revealed 66,240 shares position in Smith A O Corp. The Ontario – Canada-based fund Agf Investments America Inc. holds 139,757 shares or 3.38% of their fund portfolio.

A. O. Smith Corporation manufactures and markets residential and commercial gas, gas tankless, electric water heaters, and water treatment products in North America, China, Europe, and India.The firm is valued at $10.19 billion. The firm offers water heaters for residences, restaurants, hotels and motels, office buildings, laundries, car washes, and small businesses; commercial boilers for use in space heating applications for hospitals, schools, hotels, and other large commercial buildings; and expansion tanks, commercial solar water heating systems, swimming pool and spa heaters, and related products and parts.The P/E ratio is 33.65. It also provides heat pump and solar units, as well as combi boilers; and air purification products.

The stock increased 1.67% or $0.98 during the last trading session, hitting $59.52.A. O. Smith Corporation has volume of 326,358 shares. Since June 29, 2017 AOS has risen 18.29% and is uptrending. AOS outperformed by 5.72% the S&P 500.

Investors wait A. O. Smith Corporation (NYSE:AOS)’s quarterly earnings on July, 25., RTT reports. This year’s earnings per share analyst estimate is expected to be $0.62. That is 16.98 % up compareed to $0.53 earnings per share for last year. If AOS’s EPS is $0.62 the profit will reach $106.10M for 24.00 P/E. Wall Street now sees 3.33 % EPS growth despite A. O. Smith Corporation previous quarter’s EPS of $0.60.

Neuberger Berman Group Ltd Liability reported 1.77 million shs. 686 are held by Greenleaf Tru. Kentucky Retirement has 7,592 shs for 0.04% of their capital. Enterprise Fincl Ser Corporation owns 42 shs. Hightower Advsrs Limited Com holds 123,581 shs. Advantus Cap Management Inc holds 14,755 shs. Bank Of America De reported 525,750 shs. Banque Pictet Cie Sa, Switzerland-based fund reported 96,200 shs. Cim Limited Liability Com accumulated 0.42% or 17,180 shs. Patten & Patten Incorporated Tn holds 2.04% or 313,308 shs. Old National Bank & Trust In has 17,849 shs. Commonwealth Bank Of stated it has 200 shs or 0% of all its holdings. Southeast Asset Advsrs Inc holds 0.39% or 20,530 shs in its capital. Ashmore Wealth Mgmt Limited Liability Company reported 86,085 shs. Jefferies Gp Limited Liability Corp holds 45,614 shs.

A. O. Smith Corporation registered $10.17 million net activity with 0 insider purchases and 15 insider sales since February 1, 2018. On Tuesday, June 5 Lauber Charles T had sold 6,212 shs worth $389,798. Rajendra Ajita G sold $478,187 worth of A. O. Smith Corporation (NYSE:AOS) on Wednesday, May 30. On Thursday, February 1 a trade for 17,856 shs valued at $1.19M was made by GREUBEL WILLIAM P. Shares for $233,942 were sold by Heideman Robert J. $163,099 worth of A. O. Smith Corporation (NYSE:AOS) was sold by SMITH MARK D on Monday, March 5. KITA JOHN J sold $1.65M worth of stock or 25,000 shs.

A. O. Smith Corporation (NYSE:AOS) Ratings Coverage

In total 7 analysts cover AO Smith Corp (NYSE:AOS). “Buy” rating has 6, “Sell” are 0, while 1 are “Hold”. (NYSE:AOS) has 86% bullish analysts. 12 are the (NYSE:AOS)’s ratings reports on 29 Jun 2018 according to StockzIntelligence Inc. On Tuesday, January 30 the firm has “Buy” rating given by SunTrust. On Tuesday, April 3 Stifel Nicolaus maintained the shares of AOS in report with “Hold” rating. The company rating was upgraded by Boenning & Scattergood on Thursday, March 22. On Thursday, February 15 the rating was maintained by Stifel Nicolaus with “Hold”. On Wednesday, January 31 the firm has “Hold” rating given by Stifel Nicolaus. In Thursday, April 26 report DA Davidson maintained the stock with “Buy” rating. On Thursday, January 25 the firm has “Buy” rating given by BMO Capital Markets. On Friday, April 27 the company was maintained by Stifel Nicolaus. The stock rating was upgraded by Goldman Sachs to “Buy” on Wednesday, April 4. On Tuesday, January 30 Robert W. Baird maintained A. O. Smith Corporation (NYSE:AOS) with “Buy” rating.

There’s an important A. O. Smith Corporation (NYSE:AOS) news posted by Globenewswire.com. It’s a report titled: “Analysis: Positioning to Benefit within EMCOR Group, Ring Energy, AO Smith, bluebird bio, Ligand Pharmaceuticals …” on June 28, 2018.

A. O. Smith Corporation (NYSE:AOS) Institutional Investors Chart

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