AOS Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

03
Price $56.75
P/E (TTM) 15.8
EPS (TTM) $3.59
Revenue (TTM) $3.80B
ROE (TTM) 27.1%
Debt/Equity (MRQ) 0.3
52W Range $54–$82

AOS Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

04
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Stock splits 5
Ex-date Split Type
Oct. 6, 2016 2-for-1 Forward
May 16, 2013 2-for-1 Forward
Nov. 16, 2010 3-for-2 Forward
Aug. 18, 1998 3-for-2 Forward
Aug. 17, 1993 2-for-1 Forward

About A.O. Smith Corporation Common Stock Company overview from Wikipedia

05 · wikidata

A. O. Smith Corporation is an American manufacturer of both residential and commercial water heaters and boilers, and the largest manufacturer and marketer of water heaters in North America. It also supplies water treatment and purification products in the Asian market. The company has 27 locations worldwide, including five manufacturing facilities in North America, as well as plants in Bengaluru in India, Nanjing in China and Veldhoven in The Netherlands.

In the past, A. O. Smith has had numerous other product lines, including for defense. Smith ranked 74th among United States corporations in the value of World War II military production contracts.

A. O. Smith is headquartered in Milwaukee, Wisconsin. The Ashland City, Tennessee location is home of the world's largest water-heater factory.

Brands and subsidiaries

A. O. Smith operates under the following brand names around the world: A. O. Smith (United States, Canada, China, Europe, Turkey, India and Vietnam), Aquasana, GSW (Canada), John Wood (Canada), State Water Heaters, American Water Heaters, Reliance Water Heaters, Lochinvar Corporation, Takagi, Giant Factories Inc. and U.S. Craftmaster Water Heaters.

History

The company today known as the A. O. Smith Corporation was founded in 1874 by Charles Jeremiah Smith as C. J. Smith and Sons, a baby carriage and bicycle parts manufacturer. It began forming steel tubing from sheet metal to make bicycle frames. By 1895, the company was the largest bicycle parts manufacturer. In 1899, Arthur Oliver Smith, a son of the founder, developed the world's first pressed steel vehicle frame and he later began making frames for the Peerless Automobile Company, Cadillac, and Ford Motor Company. In 1904, the company incorporated in Milwaukee, Wisconsin, as A. O. Smith Company.

In 1913, Lloyd Raymond Smith took over, and in 1914, the company introduced the Smith Motor Wheel, a gasoline-powered device for bicycles.

In 1915, it began manufacturing the Smith Flyer automobile, which it later sold to Briggs & Stratton of Milwaukee.

In 1916, A. O. Smith was incorporated in New York.

In the 1920s, company engineers developed the coated welding rod which they used in manufacturing until 1965, as well as the world's first fully automated automobile frame factory, with the capability of making a frame every eight seconds, until 1958, the first arc-welded, high-pressure vessel used to refine oil, which the company produced until 1963, and oil supply line pipes, until 1972.

In 1933, the company used the process of fusing glass to steel to make a large single-piece glass-lined brewery tank. Over the next 32 years, it made more than 11,000 glass-lined tanks. In 1936, the company patented the glass-lined water heater. Three years later, it began mass-producing residential water heaters, but shifted all production to war-time use during World War II.

By 1945, the company had built 4.5 million bombs, 16,750 sets of landing gear, and 46,700 propeller blades. It also built nose frames for the B-25 bomber, water heaters, jeep frames, and components for the atomic bomb project. In 1946, it built a 400,000 square foot residential water heater plant in Kankakee, Illinois. From this plant, it also made water heaters with the Kenmore name. In 1948, it entered the commercial water heater market after acquiring The Burkay Company of Toledo, Ohio. In 1949, the company began producing Harvestore, a glass-fused-to-steel silo, targeted at dairy and livestock operations.

In the 1950s, A. O. Smith acquired Whirl-A-Way Motors of Dayton, Ohio, and consolidated its electric motor manufacturing operations there. The motor division later introduced the hermetic motor, a critical component of air conditioning and refrigeration compressors. Its water heater division introduced the first glass-lined commercial water heater, the A. O. Smith Burkay B-65, and later the company established a glass fiber division to replace steel in many applications. It also expanded into supplying oil field pipe and pipe for service stations, eventually becoming Smith Fiberglass Products in 1986.

In the early 1960s, the company opened a commercial water heater and boiler plant in Stratford, Ontario, Canada. In 1965, the Motor division invented the enclosed canopy, two-compartment motor, a design that improved the reliability in pool pump motors by separating the switching components from the motor windings. In 1967, fourth generation Smith family member, Lloyd B. Smith, was elected chairman and chief executive officer of the company. By 1969, the company had produced its 10 millionth residential water heater, and by 1972 had expanded to Europe. In 1974, the Conservationist line of residential water heaters was introduced. In 1976, the Motor division opened a plant in Bray, Ireland, to supply hermetic motors. In 1978, A. O. Smith began manufacturing storage tanks, beginning with Aquastore, a glass-fused-to-steel tank.

By the early 1980s, the Automotive Products unit had manufactured over 100 million passenger car frames, and 50 million truck frames, in Milwaukee, and soon after the company opened its first electric motor assembly operations in Ciudad Juárez and Ciudad Acuña, Mexico. In 1990, it developed the first hermetic motor insulation system compatible with R-134a non-ozone-depleting refrigerant. In 1995, they acquired Peabody TecTank of Parsons, Kansas, allowing A. O. Smith to enter the bulk dry storage market. That same year the company expanded into Asia through joint ventures: Smith Fiberglass Products and Harbin Composites Corporation to make fiberglass pipes for China's petroleum industry, as well as Water Products Company and Yuhan Water Heater to manufacture residential water heaters. In 1996, the Water Products division introduced the Cyclone XHE commercial water heater. In 1997, after 90 years in the automotive industry, A. O. Smith sold its Automotive Products Company to Tower International. In 1997, they acquired UPPCO, Inc., making A. O Smith the world's leading manufacturer of C-frame subfractional horsepower motors. In 1998, they acquired General Electric's domestic compressor motor business, as well as the electric motor division of Magnetek. By the end of the decade, Water Products Company had bought out its joint venture partner in Asia, and had opened a plant in Nanjing, China.

In the 2000s, A. O. Smith made a number of acquisitions, by acquiring State Industries, Inc., and its subsidiary APCOM Inc., Shenzhen Speeda Industrial Co. Ltd., and Athens Products, a supplier of hermetic motors for scroll compressor applications, as well as The Changheng Group of Changzhou, China, a manufacturer of fractional horsepower motors for HVAC applications, Taicang Special Motor Company, Ltd., of Suzhou, China, Yueyang Zhongmin Special Electrical Machinery Co. Ltd., Lochinvar Corporation, a manufacturer of high efficiency condensing boilers for hot water and hydronic heating applications, and in 2006, GSW Inc. a water heaters manufacturer for the Canadian market, and The American Water Heater Company, the exclusive supplier of water heaters to Lowe's, carrying the Whirlpool brand. In 2009, the company entered the water purification industry with a new venture, A. O. Smith (Shanghai) Water Treatment Products Co. Ltd. In 2010, A. O. Smith opened a 76,000 square foot residential water-heater manufacturing plant in Bengaluru, India, which later expanded to 297000 square foot operation with expansion to manufacture of water purification products. Takagi Industrial Company's North American operations were acquired in 2010. In 2011, A. O. Smith sold its electric motor business to Regal-Beloit.

On August 8, 2016, A. O. Smith, acquired Austin-based water filtration company Aquasana (previously known as Sun Water Systems) from L' Catterton for $87 Million.

In November 2024, A. O. Smith finalized the acquisition of Pureit, the water purification business of Hindustan Unilever for ₹600 crore.

A. O. Smith Foundation

The A. O. Smith Foundation is a private, nonprofit organization, founded in 1955, that has contributed nearly $50 million to qualifying charitable, educational, scientific, literary, and civic organizations located primarily in communities where A. O. Smith Corporation has facilities. The support for the Foundation comes from the profits of A. O. Smith Corporation.

Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗

Wikidata ↗

sectorIndustrials industryBuilding employees11,500 countryUS

10-Year Performance Revenue, net income, margins and EPS trends

06
Revenue$3.83B
2016-12-31 → 2025-12-31
EPS$3.85
2016-12-31 → 2025-12-31
Free Cash Flow$546M
2016-12-31 → 2025-12-31
Net margin13.1%
2016-12-31 → 2025-12-31
Valuation & Ratios 07–12

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric 5Y trend AOS 5Y avg Peer Median Verdict
P/E (TTM) 15.85Y avg ≈25.0 ≈25.0 31.2 Undervalued
PEG Ratio ≈1.2 · · ·

Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.

value · ≈ 5Y avg · industry median · verdict relative to median

Dividends Yield, payout ratio, dividend history, 5Y CAGR

13
Payout Ratio35.8%
Annualized Payout≈$1.44Paid quarterly
5Y Div CAGR≈7.2%Per share, split-adjusted
Growth Streak≈33Consecutive years of dividend growth
Ex-dateAmountCurrencyYield
Jul 31, 2026$0.36USD≈2.4%
Apr 30, 2026$0.36USD≈2.3%
Jan 30, 2026$0.36USD≈1.9%
Oct 31, 2025$0.36USD≈2.1%
Jul 31, 2025$0.34USD≈1.9%
Apr 30, 2025$0.34USD≈2.0%
Jan 31, 2025$0.34USD≈2.0%
Oct 31, 2024$0.34USD≈1.7%
Jul 31, 2024$0.32USD≈1.5%
Apr 29, 2024$0.32USD≈1.5%
Jan 30, 2024$0.32USD≈1.6%
Oct 30, 2023$0.32USD≈1.8%
Jul 28, 2023$0.30USD≈1.7%
Apr 27, 2023$0.30USD≈1.7%
Jan 30, 2023$0.30USD≈1.9%
Oct 28, 2022$0.30USD≈2.1%
Jul 28, 2022$0.28USD≈1.8%
Apr 28, 2022$0.28USD≈1.8%
Jan 28, 2022$0.28USD≈1.4%
Oct 28, 2021$0.28USD≈1.5%

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

14
Avg Surprise 3.2%
Next Report Oct 26, 2026
PeriodReportEPS ActualEPS EstSurprise
June 30, 2026 Jul 20, 2026 $1.03 $0.93 10.4%
March 31, 2026 $0.85 $0.95 -10.7%
Dec. 31, 2025 $0.90 $0.85 5.8%
Sept. 30, 2025 $0.94 $0.92 2.6%
June 30, 2025 $1.07 $0.99 7.6%
March 31, 2025 $0.95 $0.92 3.3%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

15
Income Statement 16
Metric Trend 202520242023202220212020201920182017201620152014
Revenue $3.83B$3.82B$3.85B$3.75B$3.54B$2.90B$2.99B$3.19B$3.00B$2.69B$2.54B$2.36B
Cost of Revenue $2.34B$2.36B$2.37B$2.42B$2.23B$1.79B$1.81B$1.88B$1.76B$1.57B$1.53B$1.50B
Gross Profit $1.49B$1.46B$1.48B$1.33B$1.31B$1.11B$1.18B$1.31B$1.23B$1.11B$1.01B$859M
R&D Expense $95M$102M$98M$89M$94M$81M$88M$94M$86M$80M$74M$68M
SG&A Expense $759M$739M$727M$671M$701M$660M$716M$754M$723M$662M$611M$572M
Operating Income $729M$708M$746M$233M$682M$503M$529M$613M$578M$515M$453M$345M
Interest Expense $14M$7M$12M$9M$4M$7M$11M$8M$10M$7M$7M$6M
Other Non-op $600.0K$8M$7M$-426M$20M$11M$18M$21M$21M$18M$11M$5M
Pretax Income $715M$701M$734M$224M$626M$444M$472M$558M$521M$462M$402M$287M
Income Tax $169M$167M$177M$-12M$138M$99M$102M$114M$224M$136M$120M$79M
Net Income $546M$534M$557M$236M$487M$345M$370M$444M$296M$326M$283M$208M
EPS (Basic) $3.87$3.65$3.71$1.52$3.05$2.13$2.24$2.60$1.72$1.87$1.59$1.15
EPS (Diluted) $3.85$3.63$3.69$1.51$3.02$2.12$2.22$2.58$1.70$1.85$1.58$1.14
Shares (Basic) 141,029,845145,997,584149,952,679154,786,327159,906,834161,530,589165,450,441170,589,345172,666,056174,712,683177,622,280180,587,008
Shares (Diluted) 141,914,840147,084,080151,015,574155,779,364161,319,902162,604,149166,710,897172,194,040174,605,189176,825,280179,009,180181,973,962
EBITDA $814M$786M$888M$439M$760M$583M$607M$685M$648M$580M$516M$405M
Balance Sheet 27
Metric Trend 202520242023202220212020201920182017201620152014
Cash & Equivalents $174M$240M$340M$391M$443M$573M$374M$260M$347M$330M$324M$319M
Short-term Investments $19M$36M$24M$91M$188M$116M$177M$385M$473M$424M$322M$222M
Receivables $582M$541M$596M$581M$634M$585M$590M$647M$593M$519M$501M$475M
Inventory $479M$532M$497M$516M$448M$300M$303M$305M$297M$251M$223M$208M
Other Current Assets $37M$43M$44M$54M$39M$43M$56M$42M$57M$38M$34M$53M
Current Assets $1.29B$1.39B$1.50B$1.63B$1.75B$1.62B$1.50B$1.64B$1.77B$1.56B$1.40B$1.32B
PP&E (Net) $635M$629M$598M$591M$607M$541M$545M$540M$529M$462M$443M$428M
PP&E (Gross) $1.56B$1.50B$1.42B$1.36B$1.34B$1.22B$1.16B$1.10B$1.06B$932M$867M$816M
Accum. Depreciation $929M$867M$821M$774M$736M$681M$612M$557M$531M$471M$424M$388M
Goodwill $711M$762M$633M$620M$628M$547M$546M$513M$517M$492M$421M$429M
Intangibles $362M$321M$337M$348M$365M$324M$338M$293M$309M$308M$291M$308M
Other Non-current Assets $97M$103M$109M$110M$90M$89M$81M$87M$76M$67M$71M$31M
Total Assets $3.14B$3.24B$3.21B$3.33B$3.47B$3.16B$3.06B$3.07B$3.20B$2.89B$2.63B$2.50B
Accrued Liabilities $148M$153M$177M$159M$182M$162M$144M$120M$116M$101M$90M$85M
Current Liabilities $862M$897M$945M$934M$1.12B$886M$766M$785M$794M$766M$653M$605M
Capital Leases $37M$24M$28M$22M$22M$34M$39M$0····
Deferred Tax ···········$21M
Other Non-current Liabilities $138M$118M$146M$165M$182M$177M$189M$201M$210M$88M$68M$61M
Total Liabilities $1.28B$1.36B$1.37B$1.58B$1.64B$1.31B$1.39B$1.35B$1.55B$1.38B$1.19B$1.13B
Long-term Debt $155M$193M$127M$344M$197M$113M$284M$221M$410M$324M$249M$224M
Total Debt $155M$193M$127M$344M$197M$113M$284M$221M$410M$324M$249M$224M
Common Stock ······$164M$164M$164M$164M$164M$82M
Retained Earnings $3.95B$3.60B$3.26B$2.88B$2.83B$2.51B$2.32B$2.10B$1.79B$1.59B$1.35B$1.14B
Treasury Stock $2.90B$2.50B$2.20B$1.91B$1.50B$1.16B$1.11B$827M$626M$488M$360M$230M
AOCI $-99M$-112M$-84M$-82M$-331M$-321M$-348M$-351M$-300M$-363M$-313M$-272M
Stockholders' Equity $1.86B$1.88B$1.84B$1.75B$1.83B$1.85B$1.67B$1.72B$1.64B$1.51B$1.44B$1.38B
Liabilities + Equity $3.14B$3.24B$3.21B$3.33B$3.47B$3.16B$3.06B$3.07B$3.20B$2.89B$2.63B$2.52B
Cash Flow 17
Metric Trend 202520242023202220212020201920182017201620152014
D&A $85M$79M$78M$77M$78M$80M$78M$72M$70M$65M$63M$60M
Amort. of Intangibles $15M$13M$13M$13M$12M$14M$16M$14M$14M$13M$14M$14M
Restructuring $0$18M$19M$0$0$8M$0·····
Other Non-cash $-14M$-31M$35M$79M$76M$137M$8M$-67M$-40M$55M$9M$-42M
Operating Cash Flow $617M$582M$670M$391M$641M$562M$456M$449M$326M$447M$352M$264M
CapEx $71M$108M$73M$70M$75M$57M$64M$85M$94M$81M$73M$86M
Investing Cash Flow $-53M$-267M$-24M$8M$-350M$12M$34M$-13M$-158M$-300M··
Debt Issued $1.09B$1.10B$688M$151M$84M·$63M·$86M$74M$28M·
Net Debt Issued $-38M··$151M$84M$-171M··$86M···
Stock Repurchased $401M$306M$306M$404M$366M$57M$288M$203M$139M$135M$128M$104M
Net Stock Activity $-401M$-306M$-306M$-404M$-366M$-57M$-288M$-203M$-139M$-135M$-128M$-104M
Dividends Paid $196M$190M$184M$177M$170M$159M$149M$130M$97M$84M$68M$54M
Financing Cash Flow $-633M$-408M$-685M$-431M$-421M$-375M$-376M$-523M$-152M$-140M··
Net Change in Cash $-65M$-100M$-51M$-52M$-130M$199M$114M$-87M$16M$7M$4M$-61M
Taxes Paid $165M$188M$190M$175M$131M$114M$117M$116M$131M$117M$98M$89M
Free Cash Flow $546M$474M$598M$321M$566M$505M$392M$364M$232M$366M$272M$178M
Levered FCF $536M$469M$589M$311M$563M$500M$383M$357M$226M$361M$266M$174M
Profitability 8
Metric Trend 202520242023202220212020201920182017201620152014
Gross Margin 38.8%38.1%38.5%35.4%37.0%38.3%39.5%40.9%41.3%41.7%39.8%36.5%
Operating Margin 19.0%18.5%21.0%9.6%19.3%17.4%17.7%19.2%19.3%19.2%17.9%14.7%
Net Margin 14.3%14.0%14.4%6.3%13.8%11.9%12.4%13.9%9.9%12.2%11.2%8.8%
Pretax Margin 18.7%18.4%19.0%6.0%17.7%15.3%15.8%17.5%17.4%17.2%15.9%12.2%
EBITDA Margin 21.2%20.6%23.1%11.7%21.5%20.1%20.3%21.5%21.6%21.6%20.3%17.2%
ROA 17.1%16.5%17.0%6.9%14.7%11.1%12.1%14.2%9.7%11.8%11.0%8.5%
ROE 29.2%28.1%29.9%13.5%26.1%19.2%22.3%25.6%18.8%22.1%20.0%15.3%
ROIC 27.7%25.9%31.2%18.2%26.2%19.9%21.3%25.2%16.0%19.8%18.8%15.6%
Liquidity & Solvency 5
Metric Trend 202520242023202220212020201920182017201620152014
Current Ratio 1.51.61.61.71.61.82.02.12.22.02.22.2
Quick Ratio 0.90.91.01.11.11.41.51.61.81.71.81.7
Debt / Equity 0.10.10.10.20.10.10.20.10.20.20.20.2
LT Debt / Equity 0.10.10.10.20.10.10.20.10.20.20.20.2
Interest Coverage 54.0105.667.538.5158.668.948.173.057.270.561.260.6
Efficiency 3
Metric Trend 202520242023202220212020201920182017201620152014
Asset Turnover 1.21.21.21.11.10.91.01.01.01.01.01.0
Inventory Turnover 4.64.64.75.06.05.96.06.36.56.67.17.5
Receivables Turnover 6.86.76.56.25.84.94.85.15.45.35.25.0
Per Share 4
Metric Trend 202520242023202220212020201920182017201620152014
Revenue / Share $26.99$25.96$25.51$24.10$21.94$17.81$17.95$18.51$17.16$15.19$28.34$25.89
Cash Flow / Share $4.35$3.96$4.44$2.51$3.97$3.46$2.74$2.61$1.87$2.53$3.85$2.90
Dividend Paid / Share $1.38$1.30$1.22$1.14$1.06$0.98$0.90$0.76$0.56$0.48$0.38$0.30
EPS (TTM) $3.85$3.63$3.69$1.51$3.02$2.12$2.22$2.58$1.70$1.85$1.58$1.14
Growth Rates 10
Metric Trend 202520242023202220212020201920182017201620152014
Revenue YoY 0.32%-0.90%2.6%6.1%22.2%·······
Revenue CAGR 3Y 0.67%2.6%10.0%·········
Revenue CAGR 5Y 5.8%···········
EPS YoY 6.1%-1.6%144.4%-50.0%42.4%·······
EPS CAGR 3Y 36.6%6.3%20.3%·········
EPS CAGR 5Y 12.7%···········
Net Income YoY 2.4%-4.1%136.2%-51.6%41.2%·······
Net Income CAGR 3Y 32.3%3.1%17.3%·········
Net Income CAGR 5Y 9.6%···········
Dividends Paid CAGR 5Y 4.3%···········
Valuation (TTM) 6
Metric Trend 202520242023202220212020201920182017201620152014
Revenue TTM $3.83B$3.82B$3.85B$3.75B$3.54B$2.90B$2.99B$3.19B$3.00B$2.69B$2.54B$2.36B
Net Income TTM $546M$534M$557M$236M$487M$345M$370M$444M$296M$326M$283M$208M
P/E 17.418.822.337.928.425.921.516.636.025.624.224.7
Earnings Yield 5.8%5.3%4.5%2.6%3.5%3.9%4.7%6.0%2.8%3.9%4.1%4.0%
Payout Ratio 35.8%35.7%33.0%75.2%34.9%46.0%40.3%29.3%32.7%25.8%24.0%26.2%
Annual Payout $196M$190M$184M$177M$170M$159M$149M$130M$97M$84M$68M$54M

Most recent period on the left · null values shown as ·

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

16
Metric 2025-12-312024-12-312023-12-312022-12-312021-12-31
Revenue $3.83B $3.82B $3.85B $3.75B $3.54B
Gross Margin % 38.8% 38.1% 38.5% 35.4% 37.0%
Operating Margin % 19.0% 18.5% 21.0% 9.6% 19.3%
Net Income $546M $534M $557M $236M $487M
Diluted EPS $3.85 $3.63 $3.69 $1.51 $3.02

Institutional owners (13F) 664 filers · $8.8B total · As of Sept. 30, 2026

17

Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Holders 664
Value held $8.8B
New positions 70
Exited positions 93
Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
70 (-36 vs prior Q) 93 (+14 vs prior Q) 239 (+10 vs prior Q) 230 (-3 vs prior Q) +13.1M

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution Value Shares % of tracked 13F Type
VANGUARD GROUP INC $1,009,621,683 15,096,018 11.48% Shares
FMR LLC $653,405,438 10,417,815 7.43% Shares
BlackRock, Inc. $505,322,545 8,056,801 5.75% Shares
VANGUARD CAPITAL MANAGEMENT LLC $456,993,600 7,286,250 5.20% Shares
VANGUARD PORTFOLIO MANAGEMENT LLC $442,259,229 7,051,327 5.03% Shares
STATE STREET CORP $412,790,802 6,581,486 4.69% Shares
Invesco Ltd. $347,174,768 5,535,312 3.95% Shares
AMERICAN CENTURY COMPANIES INC $296,440,549 4,726,410 3.37% Shares
GEODE CAPITAL MANAGEMENT, LLC $233,688,699 3,731,320 2.66% Shares
Impax Asset Management Group plc $176,476,079 2,813,713 2.01% Shares
MORGAN STANLEY $170,445,967 2,717,566 1.94% Shares
ProShare Advisors LLC $157,085,690 2,504,555 1.79% Shares
UBS Group AG $155,140,115 2,473,535 1.76% Shares
FIRST TRUST ADVISORS LP $144,336,518 2,301,289 1.64% Shares
DIMENSIONAL FUND ADVISORS LP $127,664,520 2,035,643 1.45% Shares
EARNEST PARTNERS LLC $123,659,567 1,971,613 1.41% Shares
BANK OF AMERICA CORP /DE/ $97,222,879 1,550,110 1.11% Shares
1832 Asset Management L.P. $92,080,047 1,468,113 1.05% Shares
Madison Asset Management, LLC $92,005,369 1,466,922 1.05% Shares
NORGES BANK $91,233,014 1,454,608 1.04% Shares
Bank of New York Mellon Corp $89,324,826 1,424,185 1.02% Shares
River Road Asset Management, LLC $84,476,439 1,346,882 0.96% Shares
SEI INVESTMENTS CO $83,507,008 1,331,425 0.95% Shares
Talaria Asset Management Pty Ltd $75,307,904 1,200,700 0.86% Shares
NORTHERN TRUST CORP $73,603,237 1,173,521 0.84% Shares
GOLDMAN SACHS GROUP INC $72,238,781 1,151,766 0.82% Shares
AQR CAPITAL MANAGEMENT LLC $71,458,752 1,155,730 0.81% Shares
Sarasin & Partners LLP $70,420,072 1,122,769 0.80% Shares
CHARLES SCHWAB INVESTMENT MANAGEMENT INC $68,285,333 1,088,733 0.78% Shares
Gates Capital Management, Inc. $64,621,733 1,030,321 0.73% Shares
Caisse de depot et placement du Quebec $64,185,892 1,023,372 0.73% Shares
JONES FINANCIAL COMPANIES LLLP $62,672,397 1,015,428 0.71% Shares
NOMURA ASSET MANAGEMENT CO LTD $58,234,830 928,489 0.66% Shares
WELLS FARGO & COMPANY/MN $55,151,541 879,330 0.63% Shares
Vest Financial, LLC $53,672,514 855,748 0.61% Shares
Gotham Asset Management, LLC $48,018,996 765,609 0.55% Shares
ROYAL BANK OF CANADA $41,178,000 656,525 0.47% Shares
VANGUARD FIDUCIARY TRUST CO $39,362,884 627,597 0.45% Shares
Boston Trust Walden Corp $36,879,297 587,999 0.42% Shares
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC $36,800,587 558,092 0.42% Shares
Legal & General Group Plc $35,338,453 563,432 0.40% Shares
ENVESTNET ASSET MANAGEMENT INC $35,274,133 562,406 0.40% Shares
MANUFACTURERS LIFE INSURANCE COMPANY, THE $34,872,257 555,999 0.40% Shares
AMERIPRISE FINANCIAL INC $34,038,564 542,709 0.39% Shares
DEUTSCHE BANK AG\ $33,563,353 535,130 0.38% Shares
Welch & Forbes LLC $33,380,144 532,209 0.38% Shares
SCHWARTZ INVESTMENT COUNSEL INC $32,983,382 525,883 0.38% Shares
JPMORGAN CHASE & CO $31,143,202 500,061 0.35% Shares
Assenagon Asset Management S.A. $30,686,638 489,264 0.35% Shares
Eurizon Capital SGR S.p.A. $30,506,456 486,409 0.35% Shares

Show all 664 institutional owners →

Activists & 5%+ owners 3 positions

18

Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.

Filer Filed Stake Status Purpose Filing
Smith Family Voting Trust ×3 filings Feb. 25, 2019 · Initial filing · SEC
Smith Investment Company, Arthur O. Smith N/A, Bruce M. Smith N/A ×3 filings May 6, 2009 · Initial filing · SEC
Smith Family Trusts N/A ×3 filings April 27, 2009 · Initial filing · SEC

Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.

Company insiders 66 insiders · 41 officers · 24 directors

19
Insider Role Last activity Shares owned Buys 12m Sells 12m Net 12m
Stephen M Shafer President and CEO Feb. 9, 2026 A · 0 0 $0
William L Vallett Jr CEO, Lochinvar, LLC Feb. 12, 2018 A 54,688 0 0 $0
Carrie L Anderson EVP & CFO July 1, 2026 A · 0 0 $0
Charles T Lauber EVP & CFO Feb. 13, 2026 M 47,119 0 0 $0
John J Kita Executive Vice President & CFO Feb. 11, 2019 A 46,247 0 0 $0
Kenneth W Krueger Senior Vice President & CFO Oct. 12, 2004 A 22,000 0 0 $0
Wei Ding President - A. O. Smith China Feb. 13, 2020 M 10,528 0 0 $0
Wilfridus M Brouwer President - AOSHBSRL March 6, 2018 S 7,630 0 0 $0
Darrell W. Schuh SVP; President & GM Lochinvar March 4, 2026 S 2,201 0 2 $-110,568
Samuel M. Carver SVP - Global Operations Feb. 23, 2026 G 2,713 0 0 $0
Parag Kulkarni SVP - Int'l; President India Feb. 13, 2026 M · 0 0 $0
Stephen D. O'Brien SVP; Pres & General Mngr NAWH Feb. 13, 2026 M 6,510 0 0 $0
Benjamin A Otchere Vice President and Controller Feb. 13, 2026 M 2,148 0 0 $0
Jack Qiu SVP - Pres. A. O. Smith China Feb. 13, 2026 M · 0 0 $0
Douglas Samuel Karge SVP - President NA Water Treat Feb. 13, 2026 M 3,890 0 0 $0
Kevin J. Wheeler Executive Chairman Feb. 13, 2026 M 128,348 0 0 $0
James F Stern Exec VP, Corp Dev, Strat & Sec Feb. 13, 2026 M 101,547 0 0 $0
Christopher T. Howe SVP Chief Digital Info Officer Feb. 9, 2026 A · 0 0 $0
Ming Cheng SVP, CTO Feb. 9, 2026 A · 0 0 $0
Curtis E Selby Senior VP - H.R. & P.A. Feb. 9, 2026 A · 0 0 $0
Paul J Jones SVP, GC & Chief Compliance Off Feb. 9, 2026 A · 0 0 $0
Stephanie Melissa Scheppele SVP - CIO Feb. 10, 2025 A 3,309 0 0 $0
Robert J Heideman Senior VP, CTO Feb. 10, 2025 A 8,889 0 0 $0
David R Warren Senior VP & President and GM Feb. 12, 2024 A 13,228 0 0 $0
Mark A Petrarca Senior Vice Pres. - H.R. & P.A Feb. 12, 2024 A 87,407 0 0 $0
Daniel L Kempken SVP - Strategy & Corp. Dev. Feb. 10, 2023 F 9,087 0 0 $0
Anindadeb Vjaykumar Dasgupta Senior Vice President Feb. 11, 2022 M 2,377 0 0 $0
Wallace E Goodwin SVP; President, Lochinvar, LLC Feb. 11, 2022 M 17,892 0 0 $0
Patricia K Ackerman Senior Vice President Feb. 11, 2022 M 1,802 0 0 $0
Helen E Gurholt Vice President and Controller May 4, 2021 S 1,503 0 0 $0
Paul R Dana SVP, Global Operations Feb. 16, 2021 G 4,021 0 0 $0
Peter R Martineau Senior Vice President - CIO Feb. 10, 2020 A 5,220 0 0 $0
Randall S Bednar Senior Vice President - CIO Feb. 11, 2016 M 41,910 0 0 $0
Steve W Rettler Senior Vice President - CD Feb. 10, 2014 A 28,566 0 0 $0
Michael J Cole Senior Vice President - Asia Feb. 9, 2009 A 14,157 0 0 $0
Ronald E Massa Executive Vice President Feb. 11, 2008 A 23,178 0 0 $0
David W Romoser Senior VP, Gen. Counsel & Sec April 24, 2007 M 39,537 0 0 $0
Charles J Bishop Senior Vice President - CT Feb. 9, 2007 A 17,325 0 0 $0
Albert E Medice Vice President - Europe Nov. 23, 2005 M 14,527 0 0 $0
Edward J Oconnor Vice President - H.R. & P.A. Oct. 12, 2004 A 19,788 0 0 $0
Donald M Heinrich Former - Senior Vice President June 3, 2004 M 29,465 0 0 $0
Aaron W Saak Director April 23, 2026 A · 0 0 $0
Todd W Fister Director April 13, 2026 A 6,356 0 0 $0
Ilham Kadri Director April 13, 2026 A 23,579 0 0 $0
Michael M Larsen Director April 13, 2026 A 11,425 0 0 $0
Lois M Martin Director April 13, 2026 A 6,445 0 0 $0
Mark D Smith Director April 13, 2026 A 118,504 0 0 $0
Christopher L Mapes Director April 13, 2026 A 8,684 0 0 $0
Victoria M Holt Director April 13, 2026 A 1,922 0 0 $0
Ronald D Brown Director April 8, 2025 A 0 0 0 $0
Ajita G Rajendra Director April 9, 2024 A 58,577 0 0 $0
Idelle K Wolf Director Feb. 7, 2024 G 45,140 0 0 $0
Earl E. Exum Director April 11, 2023 A 4,286 0 0 $0
Gene C Wulf Director April 12, 2022 A 87,958 0 0 $0
Bruce M Smith Director June 4, 2021 G 142 0 0 $0
Paul W Jones Director Nov. 2, 2020 S 151,147 0 0 $0
William P Greubel Director April 15, 2020 A 0 0 0 $0
Gloster B Current JR Director April 13, 2017 A 11,060 0 0 $0
Mathias Sandoval Director April 11, 2016 A · 0 0 $0
Toole Robert J O Director April 11, 2011 A 308,988 0 0 $0
William F Buehler Director April 12, 2010 A 15,131 0 0 $0
Dennis J Martin Director April 1, 2005 J · 0 0 $0
Kathleen J Hempel Director July 19, 2004 A 5,046 0 0 $0
Family Trusts Smith 10% owner April 22, 2009 D 0 0 0 $0
Stephen Anderson · Feb. 13, 2015 M 7,055 0 0 $0
Terry M Murphy · Feb. 11, 2011 M 36,674 0 0 $0

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

ETF ownership Held by 109 ETFs

20

Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.

Fund Weight Units As of Source
ABLD · Abacus FCF ETF Trust 2.38% 36,693 NS July 31, 2026 N-PORT
PHO · Invesco Exchange-Traded Fund Trust 2.25% 749,980 SH Oct. 2, 2026 Daily
CVSM · Elevation Series Trust 1.94% 30,414 NS July 31, 2026 N-PORT
EPSB · Harbor ETF Trust 1.41% 1,121 NS July 31, 2026 N-PORT
KNG · First Trust Exchange-Traded Fund IV 1.39% 818,247 NS July 31, 2026 N-PORT
RSPN · Invesco Exchange-Traded Fund Trust 1.20% 156,380 SH Oct. 2, 2026 Daily
FXR · First Trust Exchange-Traded AlphaDE… 0.86% 105,999 NS July 31, 2026 N-PORT
SDVD · First Trust Exchange-Traded Fund IV 0.72% 108,763 NS July 31, 2026 N-PORT
CALF · Pacer Funds Trust 0.64% 389,567 NS July 31, 2026 N-PORT
FFLC · FIDELITY COVINGTON TRUST 0.50% 99,241 NS July 31, 2026 N-PORT
CVAR · ETF Opportunities Trust 0.50% 3,539 NS July 31, 2026 N-PORT
QDF · FlexShares Trust 0.34% 126,033 NS July 31, 2026 N-PORT
JPUS · J.P. Morgan Exchange-Traded Fund Tr… 0.23% 17,649 NS July 31, 2026 N-PORT
VFQY · VANGUARD WELLINGTON FUND 0.22% 16,922 SH Aug. 19, 2026 Daily
RSP · Invesco Exchange-Traded Fund Trust 0.20% 3,374,972 SH Oct. 2, 2026 Daily
MADE · iShares Trust 0.20% 2,090 SH Sept. 11, 2026 Daily
JPME · J.P. Morgan Exchange-Traded Fund Tr… 0.20% 15,310 NS July 31, 2026 N-PORT
VBK · VANGUARD INDEX FUNDS 0.19% 1,484,286 SH Aug. 19, 2026 Daily
JVAL · J.P. Morgan Exchange-Traded Fund Tr… 0.16% 22,109 NS July 31, 2026 N-PORT
BKMC · BNY Mellon ETF Trust 0.16% 17,143 NS July 31, 2026 N-PORT
HQGO · Lattice Strategies Trust 0.15% 1,262 NS July 31, 2026 N-PORT
FNY · First Trust Exchange-Traded AlphaDE… 0.15% 14,635 NS July 31, 2026 N-PORT
ROUS · Lattice Strategies Trust 0.14% 16,745 NS July 31, 2026 N-PORT
BBMC · J.P. Morgan Exchange-Traded Fund Tr… 0.14% 45,724 NS July 31, 2026 N-PORT
FSMD · FIDELITY COVINGTON TRUST 0.13% 53,293 NS July 31, 2026 N-PORT
DFAS · Dimensional ETF Trust 0.11% 290,985 NS July 31, 2026 N-PORT
FTLS · First Trust Exchange-Traded Fund III 0.11% 47,293 NS July 31, 2026 N-PORT
JQUA · J.P. Morgan Exchange-Traded Fund Tr… 0.10% 132,148 NS July 31, 2026 N-PORT
ISCG · iShares Trust 0.10% 16,337 SH Sept. 11, 2026 Daily
FIDU · FIDELITY COVINGTON TRUST 0.10% 36,801 NS July 31, 2026 N-PORT
VIS · VANGUARD WORLD FUND 0.09% 136,441 SH Aug. 19, 2026 Daily
DUSL · Direxion Shares ETF Trust 0.09% 827 NS July 31, 2026 N-PORT
SMMD · iShares Trust 0.09% 59,582 SH Sept. 11, 2026 Daily
FBCV · FIDELITY COVINGTON TRUST 0.08% 2,452 NS July 31, 2026 N-PORT
VB · VANGUARD INDEX FUNDS 0.08% 2,569,257 SH Aug. 19, 2026 Daily
IYJ · iShares Trust 0.08% 26,694 SH Sept. 11, 2026 Daily
REVS · Columbia ETF Trust I 0.07% 3,976 NS July 31, 2026 N-PORT
HDV · iShares Trust 0.07% 178,128 SH Sept. 11, 2026 Daily
SPHQ · Invesco Exchange-Traded Fund Trust 0.06% 210,628 SH Oct. 2, 2026 Daily
EXI · iShares Trust 0.06% 15,834 SH Sept. 11, 2026 Daily
IWS · iShares Trust 0.06% 168,545 SH Sept. 11, 2026 Daily
WSML · iShares Trust 0.06% 6,926 SH Sept. 11, 2026 Daily
RECS · Columbia ETF Trust I 0.05% 47,287 NS July 31, 2026 N-PORT
IWR · iShares Trust 0.05% 458,121 SH Sept. 11, 2026 Daily
FAD · First Trust Exchange-Traded AlphaDE… 0.05% 4,395 NS July 31, 2026 N-PORT
EQAL · Invesco Exchange-Traded Fund Trust … 0.04% 6,195 SH Oct. 2, 2026 Daily
DIVB · iShares Trust 0.04% 14,265 SH Sept. 11, 2026 Daily
LCOW · Pacer Funds Trust 0.04% 171 NS July 31, 2026 N-PORT
DFUV · Dimensional ETF Trust 0.04% 94,588 NS July 31, 2026 N-PORT
XOEF · iShares Trust 0.04% 140 SH Sept. 11, 2026 Daily
DXUV · Dimensional ETF Trust 0.03% 3,041 NS July 31, 2026 N-PORT
DGRO · iShares Trust 0.03% 245,903 SH Sept. 11, 2026 Daily
HDUS · Lattice Strategies Trust 0.03% 1,090 NS July 31, 2026 N-PORT
OMFL · Invesco Exchange-Traded Self-Indexe… 0.03% 26,352 SH Oct. 2, 2026 Daily
PALC · Pacer Funds Trust 0.03% 1,100 NS July 31, 2026 N-PORT
VIG · VANGUARD SPECIALIZED FUNDS 0.03% 632,549 SH Aug. 19, 2026 Daily
VYM · VANGUARD WHITEHALL FUNDS 0.03% 446,197 SH Aug. 19, 2026 Daily
DFAC · Dimensional ETF Trust 0.03% 222,098 NS July 31, 2026 N-PORT
PWS · Pacer Funds Trust 0.02% 97 NS July 31, 2026 N-PORT
PFM · Invesco Exchange-Traded Fund Trust 0.02% 3,189 SH Oct. 2, 2026 Daily
VEGN · ETF Series Solutions 0.02% 659 NS July 31, 2026 N-PORT
DCOR · Dimensional ETF Trust 0.02% 12,207 NS July 31, 2026 N-PORT
IVE · iShares Trust 0.02% 186,589 SH Sept. 11, 2026 Daily
IUSV · iShares Trust 0.02% 98,473 SH Sept. 11, 2026 Daily
VFVA · VANGUARD WELLINGTON FUND 0.02% 2,967 SH Aug. 19, 2026 Daily
VOOV · VANGUARD ADMIRAL FUNDS 0.02% 25,739 SH Aug. 19, 2026 Daily
VONV · VANGUARD SCOTTSDALE FUNDS 0.02% 67,457 SH Aug. 19, 2026 Daily
PRF · Invesco Exchange-Traded Fund Trust 0.02% 34,444 SH Oct. 2, 2026 Daily
RWL · Invesco Exchange-Traded Fund Trust … 0.02% 32,527 SH Oct. 2, 2026 Daily
MPLY · Strategy Shares 0.02% 50 NS July 31, 2026 N-PORT
DSI · iShares Trust 0.02% 17,082 SH Sept. 11, 2026 Daily
DFSU · Dimensional ETF Trust 0.02% 6,738 NS July 31, 2026 N-PORT
IWD · iShares Trust 0.02% 247,941 SH Sept. 11, 2026 Daily
EGLE · Global X Funds 0.02% 6 NS July 31, 2026 N-PORT
VMAX · Lattice Strategies Trust 0.01% 112 NS July 31, 2026 N-PORT
CATH · Global X Funds 0.01% 2,886 NS July 31, 2026 N-PORT
TOPC · iShares Trust 0.01% 75 SH Sept. 11, 2026 Daily
DFAU · Dimensional ETF Trust 0.01% 26,677 NS July 31, 2026 N-PORT
CHRI · Global X Funds 0.01% 16 NS July 31, 2026 N-PORT
XTR · Global X Funds 0.01% 9 NS July 31, 2026 N-PORT
XVV · iShares Trust 0.01% 1,300 SH Sept. 11, 2026 Daily
DFUS · Dimensional ETF Trust 0.01% 36,996 NS July 31, 2026 N-PORT
XYLD · Global X Funds 0.01% 5,686 NS July 31, 2026 N-PORT
PTLC · Pacer Funds Trust 0.01% 5,687 NS July 31, 2026 N-PORT
VOO · VANGUARD INDEX FUNDS 0.01% 2,908,235 SH Aug. 19, 2026 Daily
VTI · VANGUARD INDEX FUNDS 0.01% 3,551,558 SH Aug. 19, 2026 Daily
VT · VANGUARD INTERNATIONAL EQUITY INDEX… 0.01% 80,312 SH Aug. 19, 2026 Daily
VONE · VANGUARD SCOTTSDALE FUNDS 0.01% 18,172 SH Aug. 19, 2026 Daily
VTHR · VANGUARD SCOTTSDALE FUNDS 0.01% 9,356 SH Aug. 19, 2026 Daily
ESGV · VANGUARD WORLD FUND 0.01% 25,270 SH Aug. 19, 2026 Daily
IVV · iShares Trust 0.01% 1,411,307 SH Sept. 11, 2026 Daily
PBP · Invesco Exchange-Traded Fund Trust 0.01% 663 SH Oct. 1, 2026 Daily
XYLG · Global X Funds 0.01% 103 NS July 31, 2026 N-PORT
SPUU · Direxion Shares ETF Trust 0.01% 422 NS July 31, 2026 N-PORT
QDPL · Pacer Funds Trust 0.01% 2,693 NS July 31, 2026 N-PORT
IYY · iShares Trust 0.01% 5,030 SH Sept. 11, 2026 Daily
XRMI · Global X Funds 0.01% 79 NS July 31, 2026 N-PORT
IWB · iShares Trust 0.01% 80,152 SH Sept. 11, 2026 Daily
IWV · iShares Trust 0.01% 32,709 SH Sept. 11, 2026 Daily
ITOT · iShares Trust 0.01% 143,337 SH Sept. 11, 2026 Daily
HCMT · Direxion Shares ETF Trust 0.01% 782 NS July 31, 2026 N-PORT
PHDG · Invesco Actively Managed Exchange-T… 0.01% 85 SH Oct. 1, 2026 Daily
SPXL · Direxion Shares ETF Trust 0.01% 8,757 NS July 31, 2026 N-PORT
TILT · FlexShares Trust 0.01% 2,686 NS July 31, 2026 N-PORT
XCLR · Global X Funds 0.01% 4 NS July 31, 2026 N-PORT
ISCB · iShares Trust · 4,670 SH Sept. 11, 2026 Daily
ISCV · iShares Trust · 11,999 SH Sept. 11, 2026 Daily
SMLF · iShares Trust · 14,384 SH Sept. 11, 2026 Daily
SMMV · iShares Trust · 29,532 SH Aug. 19, 2026 Daily

AOS Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

21
rating · 18 analysts BUY
Median target $70.00 +23.3%
4 22.2% Strong Buy
4 22.2% Buy
8 44.4% Hold
2 11.1% Sell
0 0.0% Strong Sell

12-Month Price Target

11 analysts · 2026-10-03

Mean target $69.91 +23.2%

← Below all targets Current price $56.75
Low$59.00 Mean$69.91 High$84.00

Peer comparison (GICS sub-industry) Key metrics vs sector peers

22

FY basis, prices as of each company's last fiscal year-end close.

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
AOS · 17.4 0.32% 14.3% 29.2% 38.8%
WMS $9.96B 25.2 5.0% 14.0% 25.2% 38.3%
MOD · 95.9 23.1% 3.8% 11.6% 23.0%
OC $8.98B -18.0 2.6% -5.2% -11.7% 28.1%
ZWS $7.76B 40.4 8.3% 11.7% 12.5% 45.1%
SSD $6.66B 19.6 4.5% 14.8% 17.4% 45.9%
AAON $6.23B 59.1 20.1% 7.5% 12.4% 26.8%
AWI $8.20B 27.0 12.1% 19.1% 35.5% 40.6%
BLDR $11.38B 26.4 -7.4% 2.9% 10.2% 30.4%
CSW $4.66B 38.9 23.2% 10.3% 10.3% 41.9%
FBIN $6.16B 20.8 -3.2% 6.7% 12.6% ·

Latest News Recent headlines mentioning this company

23

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26

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Source: SEC 10-Q filed Jul 30, 2026