BofA update shows where active managers are putting money
James F. Stern (AS:PBHP), Executive Vice President, General Counsel & Secretary at Smith A O Corp (NYSE:AOS), sold 17,434 shares of common stock on August 7, 2025. The sales were executed at a weighted average price of $71.2374, resulting in a total transaction value of $1.24 million. The prices received ranged from $71.1911 to $71.3996.
Following the transaction, Stern directly owns 98,784 shares of A O Smith. While this insider sale is notable, InvestingPro data shows management has been actively buying back shares, and the company has maintained dividend payments for 17 consecutive years, demonstrating strong shareholder returns. The company maintains a "GOOD" Financial Health score, operating with moderate debt levels and strong liquidity.
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 (EPS) of $1.07, exceeding the forecasted $0.98, and reported revenue of $1 billion, slightly above the anticipated $994.93 million. This strong performance was primarily driven by robust North American operations, particularly in the boiler segment. Additionally, DA Davidson noted that A.O. Smith’s revenue and operating profit were $20 million and $13 million higher than their estimates, respectively.
In terms of analyst actions, UBS raised its price target for A.O. Smith to $76, citing conservative guidance and potential margin expansion despite expected cost pressures from steel and tariffs. Meanwhile, DA Davidson maintained its Neutral rating and $75 price target, highlighting stable demand across North American and international markets. The firm also pointed out that North American operations are benefiting from healthy boiler demand and recent price increases. These developments reflect a cautiously optimistic outlook from analysts regarding the company’s future performance.
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