Goldman Sachs cuts target for A.O. Smith stock from USD 59.00 to USD 55.00

Published on 10/17/2026 at 18:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

A.O. Smith lifts dividend to USD 0.38 on October 12, 2026. A.O. Smith stock was USD 59.22 on October 16, 2026, down 0.42 percent versus USD 59.47.

Goldman Sachs trims target

Goldman Sachs lowered its A. O. Smith target from USD 59.00 to USD 55.00 on October 12, 2026.
A. O. Smith raised its quarterly dividend to USD 0.38 on October 12, 2026.
A. O. Smith stock was last at USD 59.22 on October 16, 2026 at 4:00 p.m. ET, down 0.42 percent versus the NYSE prior close of USD 59.47.
A. O. Smith will release third-quarter 2026 results on October 29, 2026.

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Goldman Sachs lowered its A. O. Smith target from USD 59.00 to USD 55.00 and kept a Sell rating on October 12, 2026, according to Markets Insider. The USD 55.00 target is 7.13 percent below the last NYSE price of USD 59.22. A. O. Smith was last at USD 59.22 on October 16, 2026 at 4:00 p.m. ET, down 0.42 percent versus the NYSE prior close of USD 59.47.

Dividend reaches USD 0.38

The board raised A. O. Smith's quarterly cash dividend by 6.00 percent to USD 0.38 per share on October 12, 2026. The payment is scheduled for November 16, 2026, to shareholders of record on October 30, 2026, as MarketWatch reported.

Price stays below yearly high

The NYSE price stood 27.68 percent below the 52-week high of USD 81.87 and 9.35 percent above the low of USD 54.16 on October 16, 2026. Trading volume reached 1,735,037 shares, 13.67 percent above the average volume of 1,526,409 shares. The placement gives the latest move a clear range context without attaching a cause to it.

Valuation and October 29 results

A. O. Smith had a market capitalization of USD 8.0 billion and a trailing P/E ratio of 16.50 as of October 16, 2026. The company will release third-quarter 2026 results before the NYSE open on October 29, 2026, followed by a conference call at 10:00 a.m. ET, according to A. O. Smith Corporation. That date is the next scheduled checkpoint for the water heating and treatment manufacturer.

Comparison with peers

A. O. Smith Corp. (NYSE, USD): minus 0.42 percent, P/E 16.50, market capitalization USD 8.0 billion.

Masco Corporation (NYSE, USD): plus 0.40 percent, P/E 16.75, market capitalization USD 14.4 billion.

Fortune Brands Innovations (NYSE, USD): plus 0.20 percent, P/E 32.55, market capitalization USD 4.8 billion.

Stock position and next date

The latest NYSE price was USD 59.22 on October 16, 2026 at 4:00 p.m. ET, down 0.42 percent against USD 59.47. The next scheduled company event is the October 29, 2026 third-quarter release.