12:50 AM EDT, 10/29/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We lift our 12-month price target by $2 to $90 on a forward P/E of 20.5x our 2026 EPS estimate of $4.38 (up by $0.08), above the five-year forward average of 19x. We cut our 2025 EPS view by $0.08 to $3.85. AOS offers an attractive investment opportunity combining defensive market leadership within the water heating and boiler marketplace with multiple growth catalysts. The company demonstrated strong Q3 execution with 110 bps North America margin expansion and +90 bps in Rest of World despite cost pressures, while commercial water heaters showed double-digit growth. New CEO Steve Shafer brings proven operational expertise to unlock efficiency gains through production optimization and digital transformation, while the ongoing China strategic review creates potential value through portfolio optimization. With FCF rising 35% Y/Y (YTD through Q3), net debt of $48M, and 32 consecutive years of dividend increases, AOS maintains financial flexibility for strategic investments while returning capital to shareholders.