Rebecca Thompson Sells 7,292 Shares of AAON (NASDAQ:AAON) Stock

AAON, Inc. (NASDAQ:AAON) CAO Rebecca Thompson sold 7,292 shares of the company’s stock in a transaction on Thursday, April 23rd. The shares were sold at an average price of $100.10, for a total transaction of $729,929.20. Following the sale, the chief accounting officer directly owned 27,681 shares in the company, valued at $2,770,868.10. This trade represents a 20.85% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible 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 shares were sold at an average price of $100.11, for a total transaction of $228,951.57.

AAON Trading Up 0.9%

AAON traded up $0.93 during trading on Friday, reaching $99.64. 311,024 shares of the stock traded hands, compared to its average volume of 899,494. The company has a quick ratio of 1.84, a current ratio of 2.63 and a debt-to-equity ratio of 0.45. The stock has a market capitalization of $8.13 billion, a PE ratio of 76.67, a P/E/G ratio of 3.02 and a beta of 1.20. The stock’s 50-day moving average is $90.88 and its 200 day moving average is $91.22. AAON, Inc. has a 12 month low of $62.00 and a 12 month high of $116.04.

AAON (NASDAQ:AAON) last issued its quarterly earnings results on Monday, March 2nd. The construction company reported $0.39 EPS 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 business’s revenue was up 42.5% compared to the same quarter last year. During the same period last year, the company posted $0.30 EPS. Equities analysts anticipate that AAON, Inc. will post 2 earnings per share for the current year.

AAON Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 30th. Shareholders of record on Wednesday, March 18th were given a dividend of $0.10 per share. The ex-dividend date of this dividend was Wednesday, March 18th. This represents a $0.40 dividend on an annualized basis and a yield of 0.4%. AAON’s dividend payout ratio is 30.77%.

Hedge Funds Weigh In On AAON

A number of institutional investors and hedge funds have recently made changes to their positions in AAON. EverSource Wealth Advisors LLC boosted its position 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 purchasing an additional 164 shares in the last quarter. CBIZ Investment Advisory Services LLC bought a new position in shares of AAON during the 3rd quarter worth about $26,000. Jones Financial Companies Lllp lifted its position in AAON by 59.5% in 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 in the last quarter. Summit Securities Group LLC bought a new position in AAON in the 4th quarter valued at about $45,000. Finally, Danske Bank A S bought a new position in AAON in the 3rd quarter valued at about $47,000. Institutional investors own 70.81% of the company’s stock.

Wall Street Analyst Weigh In

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

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.