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flag Investors boost stakes in A. O. Smith despite "Hold" rating, as earnings surprise analysts.

flag Envestnet Portfolio Solutions and Asset Management One Co. Ltd. have recently increased their investments in A. O. Smith Corporation, a company that makes water heaters and related products. flag Despite analysts giving A. O. Smith a "Hold" rating, the company's recent earnings of $0.95 per share exceeded expectations. flag A. O. Smith has a market cap of $9.33 billion and is forecast to have earnings of $3.76 per share this year.

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