AAON, Inc. (NASDAQ:AAON - Get Free Report) CAO Rebecca Thompson sold 400 shares of AAON stock in a transaction that occurred on Monday, April 27th. The stock was sold at an average price of $100.27, for a total value of $40,108.00. Following the transaction, the chief accounting officer owned 27,681 shares of the company's stock, valued at $2,775,573.87. This represents a 1.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Rebecca Thompson also recently made the following trade(s):
- On Friday, April 24th, Rebecca Thompson sold 21,914 shares of AAON stock. The stock was sold at an average price of $100.21, for a total value of $2,196,001.94.
- On Thursday, April 23rd, Rebecca Thompson sold 7,292 shares of AAON stock. The stock was sold at an average price of $100.10, for a total value of $729,929.20.
- On Tuesday, April 21st, Rebecca Thompson sold 2,287 shares of AAON stock. The stock was sold at an average price of $100.11, for a total value of $228,951.57.
AAON Stock Performance
Shares of NASDAQ AAON opened at $86.47 on Thursday. The company has a current ratio of 2.63, a quick ratio of 1.84 and a debt-to-equity ratio of 0.45. AAON, Inc. has a 12 month low of $62.00 and a 12 month high of $116.04. The stock has a 50 day moving average of $90.05 and a 200-day moving average of $90.85. The company has a market capitalization of $7.06 billion, a P/E ratio of 66.52, a P/E/G ratio of 2.86 and a beta of 1.20.
AAON (NASDAQ:AAON - Get Free Report) last issued its earnings results on Monday, March 2nd. The construction company reported $0.39 EPS for the quarter, missing the consensus estimate 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 prior year, the firm posted $0.30 earnings per share. The business's revenue was up 42.5% compared to the same quarter last year. As a group, equities research analysts predict that AAON, Inc. will post 2 EPS for the current year.
AAON Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Monday, March 30th. Investors of record on Wednesday, March 18th were paid a $0.10 dividend. The ex-dividend date was Wednesday, March 18th. This represents a $0.40 annualized dividend and a yield of 0.5%. AAON's payout ratio is 30.77%.
Institutional Trading of AAON
A number of institutional investors have recently modified their holdings of AAON. CBIZ Investment Advisory Services LLC acquired a new position in shares of AAON during the 3rd quarter worth $26,000. EverSource Wealth Advisors LLC raised 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 worth $25,000 after buying an additional 164 shares in the last quarter. Jones Financial Companies Lllp raised its holdings in shares of AAON by 59.5% during the 3rd quarter. Jones Financial Companies Lllp now owns 378 shares of the construction company's stock worth $34,000 after buying an additional 141 shares in the last quarter. Danske Bank A S acquired a new position in shares of AAON during the 3rd quarter worth $47,000. Finally, Huntington National Bank raised its holdings in shares of AAON by 27.0% during the 3rd quarter. Huntington National Bank now owns 569 shares of the construction company's stock worth $53,000 after buying an additional 121 shares in the last quarter. 70.81% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
Several analysts recently issued reports on the company. Oppenheimer restated an "outperform" rating and issued a $118.00 price target (up from $115.00) on shares of AAON in a research note on Tuesday, March 3rd. Weiss Ratings restated a "hold (c)" rating on shares of AAON in a research note on Wednesday, January 21st. William Blair reiterated an "outperform" rating on shares of AAON in a research report on Monday, March 2nd. Wall Street Zen upgraded AAON from a "sell" rating to a "hold" rating in a research report on Saturday, February 14th. Finally, DA Davidson reiterated a "buy" rating and set a $120.00 target price on shares of AAON in a research report on Tuesday, February 3rd. Five analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $107.75.
Read Our Latest Stock Report on AAON
AAON Company Profile
(
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.
Further Reading
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