DA Davidson Forecasts AAON’s Q3 Earnings (NASDAQ:AAON)

AAON, Inc. (NASDAQ:AAON) – Equities research analysts at DA Davidson issued their Q3 2025 earnings estimates for AAON in a report issued on Tuesday, August 12th. DA Davidson analyst B. Thielman expects that the construction company will post earnings per share of $0.31 for the quarter. DA Davidson currently has a “Buy” rating and a $105.00 target price on the stock. The consensus estimate for AAON’s current full-year earnings is $2.26 per share.

Several other research firms have also weighed in on AAON. Wall Street Zen raised shares of AAON from a “sell” rating to a “hold” rating in a report on Saturday, August 9th. Robert W. Baird decreased their price target on shares of AAON from $102.00 to $98.00 and set a “buy” rating on the stock in a research note on Tuesday. Finally, Sidoti raised shares of AAON from a “neutral” rating to a “buy” rating and set a $95.00 price target on the stock in a research note on Monday, June 16th. One equities research analyst has rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $102.00.

AAON Stock Performance

NASDAQ AAON opened at $88.29 on Wednesday. The firm has a market cap of $7.20 billion, a price-to-earnings ratio of 60.06 and a beta of 0.94. The company has a 50 day moving average of $78.12 and a 200-day moving average of $88.01. The company has a current ratio of 3.10, a quick ratio of 1.80 and a debt-to-equity ratio of 0.38. AAON has a 1-year low of $62.00 and a 1-year high of $144.07.

AAON (NASDAQ:AAON) last posted its quarterly earnings data on Monday, August 11th. The construction company reported $0.22 earnings per share for the quarter, missing the consensus estimate of $0.31 by ($0.09). The firm had revenue of $311.57 million for the quarter, compared to analyst estimates of $326.15 million. AAON had a return on equity of 15.45% and a net margin of 9.70%. The business’s quarterly revenue was down .6% on a year-over-year basis. During the same period in the previous year, the business posted $0.62 EPS.

Hedge Funds Weigh In On AAON

Hedge funds and other institutional investors have recently bought and sold shares of the business. Rakuten Securities Inc. boosted its stake in AAON by 613.3% in the first quarter. Rakuten Securities Inc. now owns 321 shares of the construction company’s stock valued at $25,000 after acquiring an additional 276 shares during the last quarter. EverSource Wealth Advisors LLC boosted its stake in AAON by 96.5% in the second quarter. EverSource Wealth Advisors LLC now owns 334 shares of the construction company’s stock valued at $25,000 after acquiring an additional 164 shares during the last quarter. Versant Capital Management Inc boosted its stake in AAON by 652.3% in the first quarter. Versant Capital Management Inc now owns 331 shares of the construction company’s stock valued at $26,000 after acquiring an additional 287 shares during the last quarter. Caitong International Asset Management Co. Ltd bought a new position in AAON in the second quarter valued at approximately $26,000. Finally, Quarry LP boosted its stake in AAON by 49.0% in the fourth quarter. Quarry LP now owns 313 shares of the construction company’s stock valued at $37,000 after acquiring an additional 103 shares during the last quarter. 70.81% of the stock is owned by institutional investors.

Insider Activity at AAON

In other AAON news, Director Gordon Douglas Wichman sold 21,302 shares of the firm’s stock in a transaction that occurred 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 transaction, the director directly owned 8,754 shares of the company’s stock, 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 Securities & Exchange Commission, which can be accessed through the SEC website. 18.70% of the stock is owned by company insiders.

About AAON

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.