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 Price Performance
Shares of NYSE:AOS opened at $65.59 on Friday. A. O. Smith Co. has a 12 month low of $64.55 and a 12 month high of $92.45. The firm has a market capitalization of $9.44 billion, a price-to-earnings ratio of 18.07, a price-to-earnings-growth ratio of 1.46 and a beta of 1.18. The business’s 50 day simple moving average is $67.29 and its 200-day simple moving average is $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.
A. O. Smith Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Tuesday, February 18th. Stockholders of record on Friday, January 31st were given a dividend of $0.34 per share. The ex-dividend date was Friday, January 31st. This represents a $1.36 dividend on an annualized basis and a dividend yield of 2.07%. A. O. Smith’s payout ratio is 37.47%.
Analysts Set New Price Targets
Several brokerages have issued reports on AOS. Citigroup reduced their price target on shares of A. O. Smith from $78.00 to $73.00 and set a “neutral” rating on the stock in a report on Monday, January 13th. UBS Group lowered their target price on A. O. Smith from $80.00 to $74.00 and set a “neutral” rating on the stock in a report on Friday, January 31st. Oppenheimer cut their price target on A. O. Smith from $88.00 to $84.00 and set an “outperform” rating for the company in a report on Friday, January 31st. Weiss Ratings restated a “hold (c)” rating on shares of A. O. Smith in a research report on Saturday, March 22nd. Finally, StockNews.com upgraded A. O. Smith from a “hold” rating to a “buy” rating in a research report on Friday, January 31st. Five analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $80.86.
Insiders Place Their Bets
In other news, VP Robert J. Heideman sold 1,026 shares of the firm’s stock in a transaction that occurred 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 completion of the sale, the vice president now owns 8,889 shares of the company’s stock, valued at approximately $583,562.85. This trade represents a 10.35 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Douglas Samuel Karge sold 419 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 $27,507.35. Following the completion of the sale, the senior vice president now directly owns 2,749 shares in the company, valued at $180,471.85. This represents 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 currently owned by company insiders.
Institutional Trading of A. O. Smith
Institutional investors and hedge funds have recently made changes to their positions in the company. Brooklyn Investment Group acquired a new stake in shares of A. O. Smith in the third quarter valued at about $43,000. Truvestments Capital LLC acquired a new position in shares of A. O. Smith during the third quarter worth $55,000. Ridgewood Investments LLC purchased a new position in shares of A. O. Smith in the fourth quarter valued at $60,000. Transamerica Financial Advisors Inc. acquired a new stake in A. O. Smith during the 3rd quarter valued at $82,000. Finally, New Age Alpha Advisors LLC purchased a new stake in A. O. Smith during the 4th quarter worth $66,000. 76.10% of the stock is currently owned by institutional investors and hedge funds.
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.
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.
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