Gold prices steady ahead of Fed decision; weekly weakness noted
Director Mark D. Smith of A O Smith Corp (NYSE:AOS) sold 2,400 shares of common stock on July 29, 2025, at a price of $71.36, totaling $171,264. The sale comes as A O Smith, a $10 billion market cap company, trades near $71.39 per share. According to InvestingPro analysis, the company currently shows a "GOOD" Financial Health score, supported by strong dividend performance with 16 consecutive years of increases.
Following the transaction, Smith directly owns 116,242 shares of A O Smith common stock. Additionally, he indirectly owns 8,956 shares held by his spouse and 6,773 shares held in trust. While this insider sale might raise questions, InvestingPro data reveals management has been actively buying back shares, suggesting continued confidence in the company’s prospects. Get access to 8 more exclusive ProTips and comprehensive analysis in the Pro Research Report.
Smith also indirectly owns 3,676 shares of Class A Common Stock held by his spouse and 270,776 shares held in trust. These shares are convertible to common stock at any time. Smith is the settlor of a revocable family trust.
In other recent news, A.O. Smith Corporation reported impressive second-quarter 2025 financial results, surpassing Wall Street expectations. The company achieved an earnings per share of $1.07, exceeding the forecasted $0.98, and reported revenue of $1 billion, slightly above the anticipated $994.93 million. UBS adjusted its price target for A.O. Smith to $76, citing conservative guidance, particularly concerning North American margins. Despite expected incremental costs from steel and tariffs in the latter half of 2024, UBS anticipates year-over-year margin expansion due to pricing and higher volumes. DA Davidson maintained its Neutral rating and $75 price target, noting stable demand across North American and international segments. The firm highlighted the benefit from healthy boiler demand and recent price increases in North America. Additionally, A.O. Smith’s North American performance contributed to a $20 million revenue and $13 million operating profit outperformance compared to DA Davidson’s model. These developments reflect a period of strong financial performance and strategic positioning for the company.
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