Bank CEOs meet with Trump to discuss Fannie Mae and Freddie Mac - Bloomberg
Samuel M. Carver, Senior Vice President of Global Operations at A. O. Smith Corporation (NYSE:AOS), a $9.5 billion market cap company with strong financial health according to InvestingPro analysis, recently sold a significant portion of his holdings in the company. According to a recent SEC filing, Carver disposed of 3,460 shares of common stock on February 27, 2025, at an average price of $66.51 per share. This transaction totaled approximately $230,144. The sale comes as the stock trades near its 52-week low of $64.55, though InvestingPro analysis suggests the stock is fairly valued at current levels. Following this sale, Carver no longer holds shares in the company through his 401(k) plan. The company maintains strong fundamentals with 16 consecutive years of dividend increases and a healthy 2.06% dividend yield. Get access to 8 more exclusive InvestingPro Tips and a comprehensive Pro Research Report for deeper insights into AOS’s valuation and prospects.
In other recent news, AO Smith Corporation reported its fourth-quarter 2024 earnings, revealing a shortfall in both earnings per share (EPS) and revenue. The company posted an EPS of $0.85, missing the analysts’ forecast of $0.90, and recorded revenue of $912.4 million, which was below the expected $952.28 million. DA Davidson analyst Matt Summerville maintained a Neutral rating on AO Smith, citing a $28 million revenue miss and a $0.04 operational earnings miss as key concerns. The analyst revised the price target to $75, down from the previous $80, reflecting uncertainties in the North American and Rest of World segments, particularly in China. Despite these challenges, AO Smith reported a full-year 2024 sales decrease of 1% to $3.8 billion and returned $496 million to shareholders via dividends and share repurchases. The company is focusing on product innovation and market expansion, especially in India, while facing a challenging market in China. Looking ahead to 2025, AO Smith has provided EPS guidance between $3.60 and $3.90, with expectations of flat to 2% top-line growth.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.