Research Analysts Set Expectations for AAON Q3 Earnings

AAON, Inc. (NASDAQ:AAON) – Equities research analysts at William Blair lowered their Q3 2025 earnings per share estimates for AAON in a report released on Monday, July 14th. William Blair analyst R. Merkel now anticipates that the construction company will earn $0.66 per share for the quarter, down from their prior estimate of $0.80. The consensus estimate for AAON’s current full-year earnings is $2.26 per share.

AAON (NASDAQ:AAON) last released its quarterly earnings data on Wednesday, April 30th. The construction company reported $0.37 EPS for the quarter, topping analysts’ consensus estimates of $0.24 by $0.13. AAON had a return on equity of 20.23% and a net margin of 12.60%. The firm had revenue of $322.05 million for the quarter, compared to the consensus estimate of $289.16 million. During the same quarter in the prior year, the company posted $0.46 earnings per share. The firm’s revenue was up 22.9% on a year-over-year basis.

AAON has been the topic of several other research reports. Sidoti upgraded AAON from a “neutral” rating to a “buy” rating and set a $95.00 price target on the stock in a report on Monday, June 16th. Wall Street Zen upgraded shares of AAON from a “sell” rating to a “hold” rating in a research note on Saturday, July 5th. One analyst has rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, AAON has an average rating of “Buy” and an average target price of $111.50.

AAON Trading Up 0.0%

Shares of AAON stock opened at $74.27 on Wednesday. AAON has a 12 month low of $68.98 and a 12 month high of $144.07. The company has a quick ratio of 1.80, a current ratio of 2.77 and a debt-to-equity ratio of 0.29. The business’s 50 day moving average is $86.08 and its two-hundred day moving average is $94.18. The company has a market cap of $6.04 billion, a PE ratio of 39.09 and a beta of 0.95.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of AAON. Rakuten Securities Inc. lifted its position in AAON by 613.3% in the first quarter. Rakuten Securities Inc. now owns 321 shares of the construction company’s stock worth $25,000 after purchasing an additional 276 shares during the period. Versant Capital Management Inc lifted its position in AAON by 652.3% in the first quarter. Versant Capital Management Inc now owns 331 shares of the construction company’s stock worth $26,000 after purchasing an additional 287 shares during the period. Twin Tree Management LP bought a new position in AAON in the fourth quarter worth $33,000. Quarry LP lifted its position in AAON by 49.0% in the fourth quarter. Quarry LP now owns 313 shares of the construction company’s stock worth $37,000 after purchasing an additional 103 shares during the period. Finally, Whittier Trust Co. bought a new position in AAON in the fourth quarter worth $46,000. 70.81% of the stock is owned by institutional investors.

Insider Buying and Selling at AAON

In other news, Director Gordon Douglas Wichman sold 21,302 shares of the firm’s stock in a transaction on Tuesday, May 20th. The shares were sold at an average price of $104.48, for a total value of $2,225,632.96. Following the sale, the director owned 8,754 shares in the company, valued at approximately $914,617.92. This trade represents a 70.87% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Gary D. Fields sold 8,357 shares of the firm’s stock in a transaction on Thursday, May 8th. The stock was sold at an average price of $98.66, for a total transaction of $824,501.62. Following the completion of the sale, the chief executive officer owned 26,491 shares in the company, valued at approximately $2,613,602.06. The trade was a 23.98% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 70,823 shares of company stock worth $7,122,451. 18.70% of the stock is currently owned by corporate insiders.

AAON Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 27th. Stockholders of record on Friday, June 6th were paid a $0.10 dividend. The ex-dividend date was Friday, June 6th. This represents a $0.40 annualized dividend and a dividend yield of 0.54%. AAON’s payout ratio is 21.05%.

AAON Company Profile

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.