Key Points
- EVP Stephen Wakefield purchased 1,000 shares on December 11 at an average price of $82.25 (total $82,250), bringing his direct holding to 11,730 shares — a 9.32% increase valued at about $964,792.50.
- AAON financials and dividend: the company has a market cap of $6.27B, a P/E of 63.5 and a 52-week range of $62.00–$137.90, and announced a quarterly dividend of $0.10 per share (annualized $0.40, yield ~0.5%) payable December 18 (ex-dividend November 26).
- Analyst view: AAON carries a consensus rating of "Moderate Buy" (five Buy, two Hold) with a consensus target of $104.60, and recent notes include Oppenheimer's "Outperform" with a $115 target.
AAON, Inc. (NASDAQ:AAON - Get Free Report) EVP Stephen Wakefield purchased 1,000 shares of the firm's stock in a transaction on Thursday, December 11th. The stock was bought at an average cost of $82.25 per share, for a total transaction of $82,250.00. Following the completion of the purchase, the executive vice president directly owned 11,730 shares in the company, valued at approximately $964,792.50. This trade represents a 9.32% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink.
AAON Stock Performance
Shares of AAON stock opened at $76.83 on Tuesday. The company has a market capitalization of $6.27 billion, a P/E ratio of 63.50 and a beta of 1.06. AAON, Inc. has a fifty-two week low of $62.00 and a fifty-two week high of $137.90. The company has a debt-to-equity ratio of 0.42, a quick ratio of 2.03 and a current ratio of 3.04. The stock has a 50 day moving average price of $95.47 and a two-hundred day moving average price of $86.90.
AAON (NASDAQ:AAON - Get Free Report) last issued its earnings results on Tuesday, June 10th. The construction company reported $0.37 EPS for the quarter. AAON had a net margin of 7.62% and a return on equity of 12.52%. The company had revenue of $322.05 million for the quarter. Analysts expect that AAON, Inc. will post 2.26 earnings per share for the current year.
AAON Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 18th. Stockholders of record on Wednesday, November 26th will be paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend is Wednesday, November 26th. AAON's dividend payout ratio is 33.06%.
Analyst Ratings Changes
AAON has been the topic of several recent analyst reports. Oppenheimer reissued an "outperform" rating and issued a $115.00 target price on shares of AAON in a research note on Friday, November 7th. Weiss Ratings restated a "hold (c)" rating on shares of AAON in a research note on Wednesday, October 8th. Finally, Zacks Research raised AAON from a "strong sell" rating to a "hold" rating in a research report on Monday, October 13th. Five analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, AAON presently has a consensus rating of "Moderate Buy" and a consensus target price of $104.60.
Get Our Latest Stock Analysis on AAON
Institutional Investors Weigh In On AAON
Several institutional investors have recently modified their holdings of the business. EverSource Wealth Advisors LLC boosted its holdings in shares of AAON by 96.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 334 shares of the construction company's stock valued at $25,000 after acquiring an additional 164 shares during the last quarter. Caitong International Asset Management Co. Ltd bought a new position in AAON during the second quarter valued at approximately $26,000. CBIZ Investment Advisory Services LLC purchased a new stake in AAON in the third quarter worth approximately $26,000. Jones Financial Companies Lllp grew its position in AAON by 59.5% in the 3rd quarter. Jones Financial Companies Lllp now owns 378 shares of the construction company's stock worth $34,000 after purchasing an additional 141 shares during the period. Finally, Danske Bank A S purchased a new stake in AAON during the 3rd quarter valued at $47,000. 70.81% of the stock is owned by hedge funds and other institutional investors.
AAON Company Profile
(
Get Free Report)
AAON, Inc, together with its subsidiaries, engages in engineering, manufacturing, marketing, and selling air conditioning and heating equipment in the United States and Canada. The company operates through three segments: AAON Oklahoma, AAON Coil Products, and BASX. It offers rooftop units, data center cooling solutions, cleanroom systems, chillers, packaged outdoor mechanical rooms, air handling units, makeup air units, energy recovery units, condensing units, geothermal/water-source heat pumps, coils, and controls.
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