A. O. Smith Corporation, a company known for its expertise in water heating solutions, has received an upgrade from UBS, changing its rating from Sell to Neutral.
The company designs, manufactures, and markets a wide range of water heaters, including electric, solar, thermodynamic, gas, and condensing water heaters, as well as boilers for residential and commercial use. Additionally, A. O. Smith offers water and air treatment and purification systems.
The corporation operates 21 production facilities, with the majority located in North America. The company's net sales are primarily concentrated in the United States, followed by China, Canada, and other regions.