3,163 Shares in AAON, Inc. (NASDAQ:AAON) Bought by Advisory Services Network LLC

Advisory Services Network LLC acquired a new stake in shares of AAON, Inc. (NASDAQ:AAONFree Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 3,163 shares of the construction company’s stock, valued at approximately $234,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in AAON. Arizona State Retirement System lifted its holdings in shares of AAON by 52.4% during the third quarter. Arizona State Retirement System now owns 19,695 shares of the construction company’s stock valued at $1,120,000 after acquiring an additional 6,773 shares during the period. Barclays PLC lifted its holdings in shares of AAON by 40.1% during the third quarter. Barclays PLC now owns 41,524 shares of the construction company’s stock valued at $2,361,000 after acquiring an additional 11,889 shares during the period. New York State Common Retirement Fund lifted its holdings in shares of AAON by 49.8% during the third quarter. New York State Common Retirement Fund now owns 26,704 shares of the construction company’s stock valued at $1,519,000 after acquiring an additional 8,873 shares during the period. Amalgamated Bank lifted its holdings in shares of AAON by 52.7% during the third quarter. Amalgamated Bank now owns 30,293 shares of the construction company’s stock valued at $1,723,000 after acquiring an additional 10,449 shares during the period. Finally, Swiss National Bank lifted its holdings in shares of AAON by 51.8% during the third quarter. Swiss National Bank now owns 152,025 shares of the construction company’s stock valued at $8,646,000 after acquiring an additional 51,875 shares during the period. 70.81% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Separately, William Blair began coverage on AAON in a report on Monday, April 29th. They set an “outperform” rating for the company.

Read Our Latest Research Report on AAON

Insider Buying and Selling

In related news, Director Norman H. Asbjornson sold 805 shares of AAON stock in a transaction dated Monday, March 11th. The stock was sold at an average price of $80.01, for a total value of $64,408.05. Following the completion of the sale, the director now directly owns 53,093 shares in the company, valued at $4,247,970.93. The sale was disclosed in a filing with the SEC, which is available through the SEC website. In other news, Director Norman H. Asbjornson sold 19,136 shares of the business’s stock in a transaction dated Thursday, March 14th. The stock was sold at an average price of $81.30, for a total transaction of $1,555,756.80. Following the completion of the transaction, the director now directly owns 14,874 shares in the company, valued at approximately $1,209,256.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Norman H. Asbjornson sold 805 shares of the business’s stock in a transaction dated Monday, March 11th. The stock was sold at an average price of $80.01, for a total value of $64,408.05. Following the transaction, the director now owns 53,093 shares of the company’s stock, valued at $4,247,970.93. The disclosure for this sale can be found here. Insiders sold a total of 86,296 shares of company stock worth $6,800,134 over the last three months. 18.55% of the stock is currently owned by company insiders.

AAON Stock Performance

Shares of NASDAQ:AAON opened at $72.00 on Wednesday. AAON, Inc. has a twelve month low of $52.24 and a twelve month high of $96.34. The firm has a market cap of $5.92 billion, a PE ratio of 33.54 and a beta of 0.80. The business has a fifty day moving average of $82.92 and a 200-day moving average of $77.52.

AAON (NASDAQ:AAONGet Free Report) last announced its earnings results on Thursday, May 2nd. The construction company reported $0.46 earnings per share for the quarter, missing analysts’ consensus estimates of $0.53 by ($0.07). AAON had a net margin of 15.44% and a return on equity of 25.84%. The business had revenue of $262.10 million during the quarter, compared to analyst estimates of $284.76 million. During the same quarter last year, the business posted $0.45 earnings per share. The business’s quarterly revenue was down 1.4% compared to the same quarter last year. On average, analysts anticipate that AAON, Inc. will post 2.22 EPS for the current fiscal year.

AAON Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, June 7th will be given a $0.08 dividend. The ex-dividend date of this dividend is Friday, June 7th. This represents a $0.32 dividend on an annualized basis and a yield of 0.44%. AAON’s payout ratio is 14.91%.

About AAON

(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.

See Also

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Institutional Ownership by Quarter for AAON (NASDAQ:AAON)

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