AAON (NASDAQ:AAON) CAO Sells $729,929.20 in Stock

AAON, Inc. (NASDAQ:AAON) CAO Rebecca Thompson sold 7,292 shares of the stock in a transaction dated Thursday, April 23rd. The stock was sold at an average price of $100.10, for a total transaction of $729,929.20. Following the completion of the transaction, the chief accounting officer owned 27,681 shares of the company’s stock, valued at approximately $2,770,868.10. The trade was a 20.85% decrease in their ownership of the stock. 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 stock was sold at an average price of $100.11, for a total transaction of $228,951.57.

AAON Price Performance

Shares of AAON stock opened at $99.59 on Monday. AAON, Inc. has a 1 year low of $62.00 and a 1 year high of $116.04. The company has a 50-day moving average of $90.85 and a 200 day moving average of $91.03. The firm has a market cap of $8.13 billion, a price-to-earnings ratio of 76.61, a PEG ratio of 3.11 and a beta of 1.20. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.63 and a quick ratio of 1.84.

AAON (NASDAQ:AAON) last released 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). The firm had revenue of $424.22 million for the quarter, compared to the consensus estimate of $374.10 million. AAON had a net margin of 7.46% and a return on equity of 13.13%. The firm’s revenue for the quarter was up 42.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.30 earnings per share. As a group, sell-side analysts anticipate that AAON, Inc. will post 2 earnings per share for the current fiscal year.

AAON Dividend Announcement

The company 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 currently 30.77%.

Analysts Set New Price Targets

AAON has been the subject of a number of analyst reports. William Blair restated an “outperform” rating on shares of AAON in a research note on Monday, March 2nd. Weiss Ratings restated a “hold (c)” rating on shares of AAON in a research note on Wednesday, January 21st. Oppenheimer restated an “outperform” rating and set a $118.00 price objective (up from $115.00) on shares of AAON in a research note on Tuesday, March 3rd. DA Davidson restated a “buy” rating and set a $120.00 price objective on shares of AAON in a research note on Tuesday, February 3rd. Finally, Wall Street Zen upgraded shares of AAON from a “sell” rating to a “hold” rating in a research note on Saturday, February 14th. Five analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, AAON currently has a consensus rating of “Moderate Buy” and an average price target of $107.75.

Institutional Trading of AAON

Institutional investors have recently made changes to their positions in the stock. CBIZ Investment Advisory Services LLC purchased a new stake in shares of AAON during the 3rd quarter valued at about $26,000. EverSource Wealth Advisors LLC boosted 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 valued at $25,000 after acquiring an additional 164 shares during the last quarter. Jones Financial Companies Lllp boosted 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 valued at $34,000 after acquiring an additional 141 shares during the last quarter. Danske Bank A S purchased a new stake in shares of AAON during the 3rd quarter valued at about $47,000. Finally, Huntington National Bank boosted 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 valued at $53,000 after acquiring an additional 121 shares during the last quarter. Hedge funds and other institutional investors own 70.81% of the company’s stock.

AAON Company Profile

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.