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

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 Down 2.0 %

Shares of NYSE:AOS traded down $1.31 during trading on Friday, hitting $65.59. 762,124 shares of the company’s stock traded hands, compared to its average volume of 1,080,691. The company has a 50-day moving average price of $67.29 and a 200-day moving average price of $72.99. A. O. Smith Co. has a 52 week low of $64.55 and a 52 week high of $92.45. The company has a current ratio of 1.55, a quick ratio of 0.96 and a debt-to-equity ratio of 0.10. The company has a market cap 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.

A. O. Smith (NYSE:AOS) last released its quarterly 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%. As a group, research analysts forecast that A. O. Smith Co. will post 3.76 EPS for the current fiscal year.

A. O. Smith Announces Dividend

The firm 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. 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 is currently 37.47%.

Insiders Place Their Bets

In other news, VP Robert J. Heideman sold 1,026 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 transaction of $67,356.90. Following the transaction, the vice president now owns 8,889 shares in the company, valued at approximately $583,562.85. This trade represents a 10.35 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Douglas Samuel Karge sold 419 shares of the business’s stock in a transaction 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 completion of the sale, the senior vice president now owns 2,749 shares of the company’s stock, valued at $180,471.85. This trade represents a 13.23 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.76% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. Stifel Nicolaus lowered their target price 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. Citigroup decreased their price objective on A. O. Smith from $78.00 to $73.00 and set a “neutral” rating for the company in a report on Monday, January 13th. Oppenheimer reduced their price target on A. O. Smith from $88.00 to $84.00 and set an “outperform” rating for the company in a research report on Friday, January 31st. UBS Group cut their price objective on shares of A. O. Smith from $80.00 to $74.00 and set a “neutral” rating on the stock in a research report on Friday, January 31st. Finally, StockNews.com raised shares of A. O. Smith from a “hold” rating to a “buy” rating in a research report on Friday, January 31st. Five equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $80.86.

Institutional Trading of A. O. Smith

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Brooklyn Investment Group acquired a new position in shares of A. O. Smith during the 3rd quarter worth about $43,000. Truvestments Capital LLC bought a new position in A. O. Smith during the third quarter worth about $55,000. Ridgewood Investments LLC acquired a new position in A. O. Smith during the fourth quarter worth approximately $60,000. New Age Alpha Advisors LLC bought a new stake in A. O. Smith in the fourth quarter valued at approximately $66,000. Finally, Transamerica Financial Advisors Inc. acquired a new stake in shares of A. O. Smith in the third quarter valued at approximately $82,000. 76.10% of the stock is owned by institutional investors.

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.