After this morning's -2.6% drop to $59.89 per share, A.O. Smith might just keep moving past its target price of $59.33. With an average analyst rating of hold, and target prices from $46 to $67, the stock's next move is anyone's guess.
The stock has an average amount of shares sold short at 5.7%, and a short ratio of 6.02. Only 0.74% of the company's shares are owned by insiders, indicating that management does not have a deep alignment of interest with its shareholders. Finally, we also note that a significant number of institutional investors are invested in the stock, with 99.8% of A.O. Smith's shares being owned by this investor type.
Institutions Invested in A.O. Smith
|Vanguard Group, Inc. (The)||14,657,028||2022-09-29||12%||$877,809,397|
|State Street Corporation||8,804,868||2022-09-29||7%||$527,323,539|
|Impax Asset Management Group Plc||4,001,360||2022-09-29||3%||$239,641,447|
|Pictet Asset Management SA||3,571,176||2022-09-29||3%||$213,877,728|
|Brown Brothers Harriman & Co||3,462,013||2022-09-29||3%||$207,339,956|
|Geode Capital Management, LLC||2,914,474||2022-09-29||2%||$174,547,846|
|ProShares Advisors, LLC||2,702,330||2022-09-29||2%||$161,842,542|
|First Trust Advisors LP||2,420,177||2022-09-29||2%||$144,944,399|