A wide-ranging summary of key happenings around A. O. Smith Corporation (AOS) indicates a promising trajectory for the company. Over the past five years, the company has seen a 79% gain in investment. The firm has attracted significant investment interest, with entities like Forsta AP Fonden holding $5.19 Million in stock, and Wedbush Securities Inc. and TD Asset Management Inc, among others, acquiring new positions. In terms of performance, A. O. Smith recorded record sales in the second quarter and has consistently reported strong quarters. It is notably celebrating 150 years, a metric of its staying power and resilience in its market.
A significant development is A. O. Smith's acquisition of Pureit, a leading water purification business in South Asia, which suggests its commitment to growth and strategic expansion. Organizational changes include the appointment of Stephen Shafer as President and COO and announced retirement of Mark Petrarca, with an announced succession plan in place. The company is perceived as a good dividend growth stock and has rewarded its investors with dividends. In summary, analysts predict a positive future for A. O. Smith.
A O Smith Corporation AOS News Analytics from Wed, 16 Jun 2010 07:00:00 GMT to Sun, 15 Sep 2024 13:43:40 GMT - Rating 8 - Innovation 9 - Information 8 - Rumor -5
