What Will Happen to A.O. Smith Corporation (NYSE:AOS) Next? The Stock Has Decline in Shorts

May 16, 2018 - By Louis Casey

A. O. Smith Corporation (NYSE:AOS) Logo

Investors sentiment increased to 1.21 in 2017 Q4. Its up 0.07, from 1.14 in 2017Q3. It improved, as 25 investors sold A. O. Smith Corporation shares while 136 reduced holdings. 49 funds opened positions while 146 raised stakes. 120.93 million shares or 1.94% less from 123.32 million shares in 2017Q3 were reported.
State Of Wisconsin Investment Board owns 273,846 shares. State Of Alaska Department Of Revenue has invested 0.03% in A. O. Smith Corporation (NYSE:AOS). Rampart Investment Mngmt Ltd Liability Corporation holds 0.04% or 1,845 shares. Bb&T Secs Ltd stated it has 0.01% in A. O. Smith Corporation (NYSE:AOS). Eagle Asset reported 630,988 shares. Elk Creek Prns Lc accumulated 143,116 shares. Clarivest Asset Management Limited Liability Corp accumulated 12,900 shares or 0.01% of the stock. Goldman Sachs Gp Inc Inc owns 1.41 million shares or 0.02% of their US portfolio. Cornerstone Advsrs has invested 0.02% in A. O. Smith Corporation (NYSE:AOS). Quantitative Invest Management Ltd holds 0.09% or 97,500 shares. The Alabama-based Andra Ap has invested 0.05% in A. O. Smith Corporation (NYSE:AOS). Sumitomo Mitsui Trust Hldgs Inc has 0.03% invested in A. O. Smith Corporation (NYSE:AOS) for 431,359 shares. Bokf Na has 15,101 shares. Moreover, Balyasny Asset Mgmt has 0.02% invested in A. O. Smith Corporation (NYSE:AOS) for 96,795 shares. Victory Capital has 0.26% invested in A. O. Smith Corporation (NYSE:AOS).

Since February 1, 2018, it had 0 buys, and 9 sales for $7.68 million activity. 5,000 A. O. Smith Corporation (NYSE:AOS) shares with value of $332,771 were sold by Rajendra Ajita G. SMITH MARK D had sold 2,600 shares worth $163,099 on Monday, March 5. $1.19 million worth of A. O. Smith Corporation (NYSE:AOS) shares were sold by GREUBEL WILLIAM P. Heideman Robert J sold $716,547 worth of A. O. Smith Corporation (NYSE:AOS) on Tuesday, February 13. KITA JOHN J had sold 25,000 shares worth $1.65M. Ding Wei also sold $768,677 worth of A. O. Smith Corporation (NYSE:AOS) shares.

The stock of A.O. Smith Corporation (NYSE:AOS) registered a decrease of 19.25% in short interest. AOS’s total short interest was 3.63 million shares in May as published by FINRA. Its down 19.25% from 4.49M shares, reported previously. With 1.33 million shares average volume, it will take short sellers 3 days to cover their AOS’s short positions. The short interest to A.O. Smith Corporation’s float is 2.55%.

The stock increased 0.76% or $0.48 during the last trading session, reaching $63.46. About 230,015 shares traded. A. O. Smith Corporation (NYSE:AOS) has risen 21.58% since May 16, 2017 and is uptrending. It has outperformed by 10.03% the S&P500.

A. O. Smith Corporation manufactures and markets residential and commercial gas, gas tankless, electric water heaters, and water treatment products in North America, China, Europe, and India. The company has market cap of $10.86 billion. The firm offers water heaters for residences, restaurants, hotels and motels, office buildings, laundries, car washes, and small businesses; commercial boilers for use in space heating applications for hospitals, schools, hotels, and other large commercial buildings; and expansion tanks, commercial solar water heating systems, swimming pool and spa heaters, and related products and parts. It has a 35.87 P/E ratio. It also provides heat pump and solar units, as well as combi boilers; and air purification products.

A. O. Smith Corporation (NYSE:AOS) Ratings Coverage

Among 7 analysts covering AO Smith Corp (NYSE:AOS), 6 have Buy rating, 0 Sell and 1 Hold. Therefore 86% are positive. AO Smith Corp had 13 analyst reports since December 10, 2017 according to SRatingsIntel. The rating was maintained by Robert W. Baird on Wednesday, April 4 with “Buy”. The stock of A. O. Smith Corporation (NYSE:AOS) earned “Hold” rating by Stifel Nicolaus on Tuesday, April 3. Goldman Sachs upgraded A. O. Smith Corporation (NYSE:AOS) on Wednesday, April 4 to “Buy” rating. The firm has “Buy” rating given on Tuesday, January 30 by SunTrust. Stifel Nicolaus maintained A. O. Smith Corporation (NYSE:AOS) rating on Sunday, December 10. Stifel Nicolaus has “Hold” rating and $59.0 target. Robert W. Baird maintained A. O. Smith Corporation (NYSE:AOS) on Tuesday, January 30 with “Buy” rating. Stifel Nicolaus maintained the stock with “Hold” rating in Friday, April 27 report. The firm earned “Hold” rating on Thursday, February 15 by Stifel Nicolaus. The firm earned “Hold” rating on Wednesday, January 31 by Stifel Nicolaus. The stock of A. O. Smith Corporation (NYSE:AOS) earned “Buy” rating by DA Davidson on Thursday, April 26.

Another recent and important A. O. Smith Corporation (NYSE:AOS) news was published by Globenewswire.com which published an article titled: “Analysis: Positioning to Benefit within Advaxis, elf Beauty, Heron Therapeutics, PVH, Energy Recovery, and AO Smith …” on May 14, 2018.

A. O. Smith Corporation (NYSE:AOS) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.




Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter:


Science

Deepwater discovery in Mexican Gulf by Shell

Deepwater discovery in Mexican Gulf by Shell

Kelly Oliver

Recently one of the biggest oil companies in the world Shell has made big exploration of deep waters in the Gulf of Mexico. Researching took place 13 miles from Appomattox Shell’s project, which will start its production in the 2019 year, according to previous plans. Receive News & Ratings Via Email - ...

New recycling program for Boise

New recycling program for Boise

Ellis Scott

The new program is called Hefty EnergyBag Program. It was recently announced in Boise. Although it was made for help with recycling, there is confusion and many questions about it. Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news ...

Smart countryside as the key to the future

Smart countryside as the key to the future

Edwin Martin

So-called “smart cities” are usually taken as an example of the future for cities. The rise in the capacity for more information can help us to solve problems on the environmental and human scale. It will be possible with saving of energy and traffic regulations. Receive News & Ratings Via Email - ...

Pollution in the real-time observation

Pollution in the real-time observation

Dolores Ford

New technology made in Utah can provide the results of pollution in the real time. It can be used by environmental researchers who want to receive a clear view of toxins in the air. Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary ...

The red tape for commercial space flight is cut by Donald Trump

The red tape for commercial space flight is cut by Donald Trump

Darrin Black

Donald Trump, the 45th current president of the USA, wants commercial flight into space get real. He looks for boosting of space flights before it can be done by China. Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news ...

Thomas Hertog talks about his collaboration with Stephen Hawking

Thomas Hertog talks about his collaboration with Stephen Hawking

Thomas Roop

Thomas Hertog, the theoretical physicist told the press about his experience from the work with Stephen Hawking, his implication on Hertog’s new ideas, and their collaboration. Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with ...

Doubts behind Electromagnetic Drive Space Thruster Impossible from NASA

Doubts behind Electromagnetic Drive Space Thruster Impossible from NASA

Thomas Roop

While NASA celebrates its new creation, some experts believe it can’t work because of simple violations of the third law of Newton. It was called Impossible after it broke this law. However, further experiments show that it could have happened only because of errors in previous tests. Receive News & Ratings Via ...

New species in 2018

New species in 2018

Peter Erickson

ESF names animals, plants, and microbes that were able to survive instead of all predictions. There are big, small, beautiful, and weird. They have different groups, they are different species and even from different kingdoms. They are all united by their ability to survive and be discovered by scientists. Receive News & ...

Small helicopter on Mars

Small helicopter on Mars

Paul Bridgeforth

There will be a new feature for Mars of 2020. This invention is compared to the bold experiment of Wright Brothers almost 117 years ago. While they have shown that people can fly on Earth, the new invention will make flights possible on Mars. Receive News & Ratings Via Email - Enter ...

New El Niño is coming in 2018

New El Niño is coming in 2018

Orlando Souther

It predicts more natural disasters and unexpected weather conditions for the next year. Researchers say that there will be wildfires, droughts, and scorching temps for the next 12 months. Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and ...