A. O. Smith Corp (AOS) : Rpg Family Wealth Advisory reduced its stake in A. O. Smith Corp by 49.61% during the most recent quarter end. The investment management company now holds a total of 97,368 shares of A. O. Smith Corp which is valued at $4,630,822 after selling 95,848 shares in A. O. Smith Corp , the firm said in a disclosure report filed with the SEC on Nov 14, 2016.A. O. Smith Corp makes up approximately 3.33% of Rpg Family Wealth Advisory’s portfolio.
Other Hedge Funds, Including , Millennium Management reduced its stake in AOS by selling 93,806 shares or 36.87% in the most recent quarter. The Hedge Fund company now holds 160,624 shares of AOS which is valued at $7,639,277. A. O. Smith Corp makes up approx 0.01% of Millennium Management’s portfolio.Baldwin Brothers Incma reduced its stake in AOS by selling 410 shares or 3.99% in the most recent quarter. The Hedge Fund company now holds 9,862 shares of AOS which is valued at $449,411. A. O. Smith Corp makes up approx 0.08% of Baldwin Brothers Incma’s portfolio.Capital One National Association reduced its stake in AOS by selling 158 shares or 0.34% in the most recent quarter. The Hedge Fund company now holds 46,480 shares of AOS which is valued at $2,099,502. A. O. Smith Corp makes up approx 0.17% of Capital One National Association’s portfolio. Duncker Streett Co Inc added AOS to its portfolio by purchasing 500 company shares during the most recent quarter which is valued at $48,800. A. O. Smith Corp makes up approx 0.02% of Duncker Streett Co Inc’s portfolio.Davenport Co reduced its stake in AOS by selling 21,078 shares or 75.12% in the most recent quarter. The Hedge Fund company now holds 6,980 shares of AOS which is valued at $343,416. A. O. Smith Corp makes up approx 0.01% of Davenport Co’s portfolio.
A. O. Smith Corp closed down -0.03 points or -0.06% at $47.07 with 8,47,699 shares getting traded on Monday. Post opening the session at $47.08, the shares hit an intraday low of $46.95 and an intraday high of $47.5 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
On the company’s financial health, A. O. Smith Corp reported $0.47 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Oct 26, 2016. Analyst had a consensus of $0.45. The company had revenue of $683.90 million for the quarter, compared to analysts expectations of $685.22 million. The company’s revenue was up 9.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.41 EPS.
A. O. Smith Corporation operates its business through two segments which include North America and Rest of World. Both segments manufacture and market a range of residential gas gas tankless and electric water heaters and commercial water heating equipment. The North America segment manufactures and markets specialty commercial water heating equipment condensing and non-condensing boilers and water systems tanks. The Company serves residential and commercial end markets in North America with a range of products including water heaters boilers and others. The Rest of World segment manufactures and markets water treatment products primarily in Asia. The Rest of World segment includes China Europe and India. The Company supplies water heaters to the residential market in China with a range of product offering including electric gas gas tankless heat pump and solar units as well as combi boilers.