Here are three stocks added to the Zacks Rank #24 (Strong Sell) List today:A. O. Smith Corporation (AOS) is a residential and commercial gas and electric water utility products company. The Zacks Consensus Estimate for its current year earnings has been 5.2% downward over the last 60 days.Deere & Company (DE) is a distributor of agricultural, forestry and construction equipment. The Zacks Consensus Estimate for its current year earnings has been revised 1.2% downward over the last 60 days.The Manitowoc Comp ...

Summary(Comparisons are year-over-year ("YoY"), unless otherwise noted)Preliminary third quarter sales of $903 million, a decrease of 4%, due to lower sales in China and North America water heatingPreliminary third quarter earnings per share ("EPS") of $0.82, a decrease of 9%Preliminary cash provided by operations of $360 million and preliminary free cash flow of $283 million in the first nine months of 2024Lowered full year EPS guidance to be between $3.70 and $3.85 compared to prior guidance of $3.95 to $ ...

A. O. Smith (NYSE: AOS ), a global producer of residential and commercial water heaters and boilers, hasn’t quite been able to generate ample alpha for its stakeholders this year. On a YTD basis, AOS has only notched up returnsAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for i ...

In a shareholder-friendly move, A. O. Smith Corporation (AOS) recently announced a hike in its dividend payout. The company increased its quarterly dividend by 6% to 34 cents per share (annually: $1.36). The new dividend will be paid out on Nov. 15, 2024, to shareholders of record as of Oct. 31.The move underscores AOS’ sound financial health as it utilizes free cash flow to enhance its shareholders’ returns. The five-year compound annual growth rate of its’ dividend is about 8%. The company has increased i ...

MILWAUKEE, Oct. 7, 2024 /PRNewswire/ -- On Monday, October 7, 2024, the board of directors of A. O. Smith Corporation (NYSE: AOS) approved a 6% increase in the company's quarterly cash dividend rate to $0.34 per share. The dividend increase affects the company's Common Stock and Class A Common Stock.The dividend is payable on Friday, November 15 to shareholders of record October 31, 2024.A. O. Smith announces quarterly dividend.Post this"This dividend increase reflects our commitment within our capital allo ...

MILWAUKEE, Oct. 2, 2024 /PRNewswire/ -- A. O. Smith Corporation (NYSE: AOS) will release its third quarter 2024 financial results before the market opens on Tuesday, October 22, and has scheduled an investor conference call to follow at 10:00 a.m. (Eastern Time).The call can be heard live on the company's website, www.aosmith.com. An audio replay of the call will be available on the company's website after the live event. To access the archived audio replay, go to the "Investors" page and select the "Third ...

A. O. Smith Corporation (AOS) is poised to gain from improving supply chains, which are driving shipments in North America and internationally. The company’s handsome rewards to shareholders add to its appeal.Based in Milwaukee, WI, A. O. Smith is a leading manufacturer of commercial and residential water heating equipment and water treatment products. The company specializes in offering innovative, and energy-efficient solutions and products, which are developed and sold globally.Let’s discuss the factors ...

It has been about a month since the last earnings report for A.O. Smith (AOS) . Shares have added about 1.4% in that time frame, underperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is A.O. Smith due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. A. O. Smith Q2 Earnings Miss Estimates, Sales Ri ...

A. O. Smith Corporation (AOS) has been benefiting from strong demand for water heaters and commercial boilers in residential and commercial markets of North America. The company expects sales from both the North America boiler and water treatment businesses to grow approximately 8-10% this year.  Also, healthy demand for combi boilers and kitchen appliance products in China has been boosting the performance of the Rest of the World business. For 2024, A. O. Smith expects overall sales to increase approximat ...

brusinski Introduction It is always nice to have companies in your portfolio that are capable of raising the dividend like clockwork. Whether things are going good or bad in the stock market, these companies have a robust business model and a solid balance sheet and are therefore able to achieve sustainable dividend growth. A. O. Smith Corporation (NYSE:AOS) is a company that meets these criteria. What is special is that the company has existed for 150 years this year. This confirms that AOS stood the test ...