AAON, Inc. (NASDAQ:AAON - Get Free Report) CAO Rebecca Thompson sold 2,287 shares of AAON stock in a transaction dated Tuesday, April 21st. The stock was sold at an average price of $100.11, for a total value of $228,951.57. Following the transaction, the chief accounting officer owned 27,681 shares of the company's stock, valued at $2,771,144.91. The trade was a 7.63% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link.
AAON Trading Up 1.2%
AAON stock opened at $96.86 on Thursday. AAON, Inc. has a 52 week low of $62.00 and a 52 week high of $116.04. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.84 and a current ratio of 2.63. The stock has a market capitalization of $7.90 billion, a P/E ratio of 74.51, a PEG ratio of 2.99 and a beta of 1.20. The stock has a 50-day simple moving average of $90.93 and a 200 day simple moving average of $91.17.
AAON (NASDAQ:AAON - Get Free Report) last posted its quarterly earnings results on Monday, March 2nd. The construction company reported $0.39 EPS for the quarter, missing analysts' consensus estimates of $0.45 by ($0.06). AAON had a return on equity of 13.13% and a net margin of 7.46%.The business had revenue of $424.22 million for the quarter, compared to the consensus estimate of $374.10 million. During the same quarter in the previous year, the business posted $0.30 EPS. The company's revenue for the quarter was up 42.5% on a year-over-year basis. Analysts expect that AAON, Inc. will post 2 earnings per share for the current year.
AAON Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Monday, March 30th. Investors of record on Wednesday, March 18th were issued a dividend of $0.10 per share. The ex-dividend date was Wednesday, March 18th. This represents a $0.40 dividend on an annualized basis and a yield of 0.4%. AAON's dividend payout ratio (DPR) is presently 30.77%.
Institutional Investors Weigh In On AAON
A number of institutional investors have recently made changes to their positions in the company. Janney Montgomery Scott LLC boosted its holdings in shares of AAON by 20.9% during the first quarter. Janney Montgomery Scott LLC now owns 16,779 shares of the construction company's stock worth $1,388,000 after acquiring an additional 2,903 shares during the period. Wasatch Advisors LP raised its position in shares of AAON by 23.8% in the first quarter. Wasatch Advisors LP now owns 2,268,118 shares of the construction company's stock valued at $187,687,000 after buying an additional 436,704 shares in the last quarter. Louisiana State Employees Retirement System acquired a new stake in shares of AAON in the first quarter valued at approximately $1,622,000. Kestra Private Wealth Services LLC raised its position in shares of AAON by 3.8% in the first quarter. Kestra Private Wealth Services LLC now owns 6,516 shares of the construction company's stock valued at $539,000 after buying an additional 236 shares in the last quarter. Finally, Campbell Newman Asset Management Inc. raised its position in shares of AAON by 1.8% in the first quarter. Campbell Newman Asset Management Inc. now owns 21,246 shares of the construction company's stock valued at $1,758,000 after buying an additional 375 shares in the last quarter. Institutional investors own 70.81% of the company's stock.
Wall Street Analyst Weigh In
A number of equities research analysts have recently issued reports on the company. William Blair restated an "outperform" rating on shares of AAON in a report on Monday, March 2nd. Weiss Ratings restated a "hold (c)" rating on shares of AAON in a report on Wednesday, January 21st. DA Davidson restated a "buy" rating and set a $120.00 price objective on shares of AAON in a report on Tuesday, February 3rd. Oppenheimer restated an "outperform" rating and set a $118.00 price objective (up from $115.00) on shares of AAON in a report on Tuesday, March 3rd. Finally, Wall Street Zen upgraded AAON from a "sell" rating to a "hold" rating in a report on Saturday, February 14th. Five investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $107.75.
View Our Latest Stock Report on AAON
About AAON
(
Get Free Report)
AAON, Inc (NASDAQ: AAON) is a U.S.-based designer and manufacturer of heating, ventilation and air conditioning (HVAC) equipment for commercial and industrial applications. The company's product portfolio focuses on rooftop packaged units, water-source heat pumps, chillers and custom-engineered solutions that cater to a wide array of building types, from office complexes and schools to data centers and healthcare facilities.
AAON's core offerings include rooftop units available in gas, electric and dual-fuel configurations, precision air-conditioning systems for temperature- and humidity-sensitive environments, and modular chillers suited for both indoor and outdoor installations.
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