Rep. Robert Bresnahan, Jr. Sells Off Shares of A. O. Smith Co. (NYSE:AOS)

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

NYSE:AOS opened at $65.59 on Friday. The firm has a market capitalization of $9.44 billion, a PE ratio of 18.07, a PEG ratio of 1.46 and a beta of 1.18. The stock’s fifty day moving average is $67.29 and its 200 day moving average is $72.95. A. O. Smith Co. has a fifty-two week low of $64.55 and a fifty-two week high of $92.45. 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 (NYSE:AOS) last announced its earnings results on Thursday, January 30th. The industrial products company reported $0.85 earnings per share for the quarter, missing the consensus estimate of $0.90 by ($0.05). A. O. Smith had a net margin of 13.98% and a return on equity of 28.87%. On average, sell-side analysts anticipate that A. O. Smith Co. will post 3.76 earnings per share for the current year.

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 issued a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a dividend yield of 2.07%. The ex-dividend date was Friday, January 31st. A. O. Smith’s dividend payout ratio (DPR) is 37.47%.

Institutional Trading of A. O. Smith

Several institutional investors and hedge funds have recently made changes to their positions in the company. Norges Bank purchased a new position in A. O. Smith during the 4th quarter valued at about $96,180,000. Invesco Ltd. boosted 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 purchasing an additional 995,043 shares in the last quarter. KBC Group NV increased its holdings in A. O. Smith by 40.1% during the fourth quarter. KBC Group NV now owns 1,648,825 shares of the industrial products company’s stock valued at $112,467,000 after buying an additional 471,990 shares during the period. Voloridge Investment Management LLC raised its stake in A. O. Smith by 242.8% in the fourth quarter. Voloridge Investment Management LLC now owns 627,282 shares of the industrial products company’s stock worth $42,787,000 after buying an additional 444,307 shares in the last quarter. Finally, First Trust Advisors LP lifted its holdings in A. O. Smith by 19.0% during 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 buying an additional 417,595 shares during the period. 76.10% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on AOS shares. Weiss Ratings restated a “hold (c)” rating on shares of A. O. Smith in a research report on Saturday, March 22nd. Stifel Nicolaus dropped their price objective on A. O. Smith from $90.00 to $84.00 and set a “buy” rating for the company in a report on Friday, January 31st. Oppenheimer reduced their target price on A. O. Smith from $88.00 to $84.00 and set an “outperform” rating on the stock in a research note on Friday, January 31st. UBS Group lowered their target price on shares of 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, 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 research note on Monday, January 13th. Five investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $80.86.

Insider Buying and Selling at A. O. Smith

In other news, SVP Douglas Samuel Karge sold 419 shares of A. O. Smith stock in a transaction that occurred on Friday, February 7th. The shares were 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 of the company’s stock, valued at $180,471.85. The trade was a 13.23 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, VP Robert J. Heideman sold 1,026 shares of the 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 sale, the vice president now directly owns 8,889 shares of the company’s stock, valued at $583,562.85. The trade was a 10.35 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.76% of the company’s stock.

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.