A. O. Smith Corporation (AOS) has experienced various notable financial activities and movements recently. Swiss National Bank, Boston Partners, and Geode Capital Management LLC offloaded their stakes in the company. However, investments have been made by companies such as FourThought Financial Partners, Entropy Technologies, Magnetar Financial, denkapparat Operations, ABN Amro Investment Solutions, and Connor Clark & Lunn Investment Management. AOS shares have faced a 4.2% pullback recently, contributing to one-year losses, and necessitating the possibility of drastic measures by institutional owners.
On the business front, AOS is buying the Leonard Valve Company, a leader in water temperature and flow solutions, enhancing its business scope. Q2 and Q3 earnings surpassed estimates, and the company updated its full-year outlook as well. Still, mixed earnings and a cautious outlook shifted the investment narrative slightly. AOS also increased its quarterly dividend to $0.36 per share, revealing its potential as a dividend stock.
Furthermore, AOS announced significant leadership changes, including appointing new General Counsel and Chief Compliance Officer and elevating Kevin Wheeler to Executive Chairman.
A O Smith Corporation AOS News Analytics from Thu, 30 Jan 2025 08:00:00 GMT to Sat, 29 Nov 2025 10:25:14 GMT -
Rating 3
- Innovation 0
- Information 5
- Rumor 2
