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A O Smith Corporation AOS - News Analyzed: 3,863 - Last Week: 100 - Last Month: 500

↑ A O Smith Corporation Makes Bold Moves Amid Changing Market Conditions

A O Smith Corporation Makes Bold Moves Amid Changing Market Conditions
Significant movements regarding A O Smith Corporation (AOS) observed. Several stakeholders made notable changes in their AOS shares including Samuel M. Carver's sale of 14,705 shares, Janus Henderson Group PLC's sale of 1,198 shares, and various acquisitions by firms including Manning & Napier Advisors and B. Riley Wealth Advisors. Despite some missed earnings estimates, analysts remain mostly upbeat about AOS with increased ratings from Stifel Nicolaus. Moreover, AOS announced record Q2 sales and overall strong financial performance in 2023. The company has also appointed Stephen Shafer as the new President and COO and announced the retirement of Mark Petrarca after 25 years of service. Furthermore, AOS has committed to several acquisitions, including Pureit, a leading water purification business in South Asia, further expanding its global outreach. The 150-year-old corporation renowned for its innovation in water technology increases its portfolio through acquisitions of Giant Factories, Atlantic Filter Corporation, and Master Water Conditioning Corporation.

A O Smith Corporation AOS News Analytics from Mon, 08 Apr 2019 07:00:00 GMT to Sat, 10 Aug 2024 21:57:43 GMT - Rating 7 - Innovation 6 - Information 8 - Rumor -5

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