Key Points
- Rebecca Thompson, AAON's CAO, sold 7,292 shares on April 23 at an average price of $100.10 (about $729,929), trimming her stake by 20.85% to 27,681 shares; she also sold 2,287 shares on April 21.
- AAON reported quarterly EPS of $0.39, missing the $0.45 estimate, but revenue beat at $424.22M (up 42.5% year-over-year); analysts maintain a consensus Moderate Buy with an average target of $107.75.
AAON, Inc. (NASDAQ:AAON - Get Free Report) CAO Rebecca Thompson sold 7,292 shares of the firm's stock in a transaction that occurred on Thursday, April 23rd. The shares were sold at an average price of $100.10, for a total value of $729,929.20. Following the sale, the chief accounting officer owned 27,681 shares of the company's stock, valued at approximately $2,770,868.10. This trade represents a 20.85% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.
Rebecca Thompson also recently made the following trade(s):
- On Tuesday, April 21st, Rebecca Thompson sold 2,287 shares of AAON stock. The shares were sold at an average price of $100.11, for a total value of $228,951.57.
AAON Price Performance
Shares of NASDAQ AAON opened at $99.59 on Friday. AAON, Inc. has a fifty-two week low of $62.00 and a fifty-two week high of $116.04. The business has a 50 day moving average price of $90.85 and a two-hundred day moving average price of $91.19. The company has a quick ratio of 1.84, a current ratio of 2.63 and a debt-to-equity ratio of 0.45. The firm has a market cap of $8.13 billion, a PE ratio of 76.61, a price-to-earnings-growth ratio of 3.08 and a beta of 1.20.
AAON (NASDAQ:AAON - Get Free Report) last issued its quarterly earnings data on Monday, March 2nd. The construction company reported $0.39 earnings per share for the quarter, missing analysts' consensus estimates of $0.45 by ($0.06). AAON had a net margin of 7.46% and a return on equity of 13.13%. The business had revenue of $424.22 million for the quarter, compared to analyst estimates of $374.10 million. During the same quarter last year, the business earned $0.30 EPS. AAON's revenue for the quarter was up 42.5% compared to the same quarter last year. Sell-side analysts expect that AAON, Inc. will post 2 earnings per share for the current fiscal year.
AAON Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 30th. Shareholders of record on Wednesday, March 18th were paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date was Wednesday, March 18th. AAON's dividend payout ratio (DPR) is 30.77%.
Analyst Ratings Changes
A number of equities research analysts have weighed in on the company. William Blair restated an "outperform" rating on shares of AAON in a research note on Monday, March 2nd. Weiss Ratings reiterated a "hold (c)" rating on shares of AAON in a research report on Wednesday, January 21st. Wall Street Zen upgraded AAON from a "sell" rating to a "hold" rating in a research report on Saturday, February 14th. Oppenheimer reiterated an "outperform" rating and issued a $118.00 target price (up from $115.00) on shares of AAON in a research report on Tuesday, March 3rd. Finally, DA Davidson reiterated a "buy" rating and issued a $120.00 target price on shares of AAON in a research report on Tuesday, February 3rd. Five equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $107.75.
Get Our Latest Stock Analysis on AAON
Institutional Inflows and Outflows
Hedge funds have recently made changes to their positions in the company. CBIZ Investment Advisory Services LLC acquired a new position in shares of AAON in the 3rd quarter worth approximately $26,000. EverSource Wealth Advisors LLC grew its position in shares of AAON by 96.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 334 shares of the construction company's stock worth $25,000 after acquiring an additional 164 shares in the last quarter. Jones Financial Companies Lllp grew its position in shares of 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 acquiring an additional 141 shares in the last quarter. Danske Bank A S acquired a new position in shares of AAON in the 3rd quarter worth approximately $47,000. Finally, Huntington National Bank grew its position in shares of AAON by 27.0% in the 3rd quarter. Huntington National Bank now owns 569 shares of the construction company's stock worth $53,000 after acquiring an additional 121 shares in the last quarter. Institutional investors and hedge funds own 70.81% of the company's stock.
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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