Bridges Investment Management Inc. Sells 3,550 Shares of AAON, Inc. $AAON

Posted by Brenda Bartman on Jun 4th, 2026

Bridges Investment Management Inc. trimmed its position in shares of AAON, Inc. (NASDAQ:AAON – Free Report) by 11.3% during the 4th quarter, HoldingsChannel.com reports. The firm owned 27,777 shares of the construction company’s stock after selling 3,550 shares during the quarter. Bridges Investment Management Inc.’s holdings in AAON were worth $2,118,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the company. AXQ Capital LP bought a new position in AAON during the 4th quarter valued at about $233,000. Arcadia Investment Management Corp MI grew its holdings in AAON by 8.4% during the 4th quarter. Arcadia Investment Management Corp MI now owns 26,624 shares of the construction company’s stock valued at $2,030,000 after purchasing an additional 2,074 shares during the last quarter. BNP Paribas Financial Markets grew its holdings in AAON by 1,582.8% during the 4th quarter. BNP Paribas Financial Markets now owns 175,312 shares of the construction company’s stock valued at $13,368,000 after purchasing an additional 164,894 shares during the last quarter. Norges Bank bought a new position in AAON during the 4th quarter valued at about $41,584,000. Finally, SBI Okasan Asset Management Co.Ltd. bought a new position in AAON during the 4th quarter valued at about $151,000. 70.81% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on AAON shares. Oppenheimer restated an “outperform” rating on shares of AAON in a research note on Friday, May 8th. Wall Street Zen upgraded shares of AAON from a “sell” rating to a “hold” rating in a research note on Saturday, February 14th. William Blair restated an “outperform” rating on shares of AAON in a research note on Monday, March 2nd. Finally, Zacks Research upgraded shares of AAON from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 11th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of $107.75.

View Our Latest Research Report on AAON

Insider Activity at AAON

In other AAON news, CAO Rebecca Thompson sold 21,914 shares of the company’s stock in a transaction that occurred on Friday, April 24th. The shares were sold at an average price of $100.21, for a total transaction of $2,196,001.94. Following the transaction, the chief accounting officer owned 27,681 shares in the company, valued at approximately $2,773,913.01. This represents a 44.19% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Gary D. Fields sold 31,271 shares of the company’s stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $134.07, for a total transaction of $4,192,502.97. Following the transaction, the director owned 34,252 shares in the company, valued at $4,592,165.64. The trade was a 47.73% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 151,468 shares of company stock worth $19,379,796. 18.09% of the stock is owned by company insiders.

AAON Trading Up 3.3%

NASDAQ:AAON opened at $148.25 on Thursday. AAON, Inc. has a 52 week low of $62.00 and a 52 week high of $150.46. The firm has a 50 day moving average of $108.63 and a 200 day moving average of $95.81. The company has a quick ratio of 1.75, a current ratio of 2.62 and a debt-to-equity ratio of 0.46. The stock has a market capitalization of $12.14 billion, a price-to-earnings ratio of 103.67, a PEG ratio of 4.02 and a beta of 1.39.

AAON (NASDAQ:AAON – Get Free Report) last posted its earnings results on Thursday, May 7th. The construction company reported $0.48 EPS for the quarter, beating analysts’ consensus estimates of $0.31 by $0.17. AAON had a net margin of 7.30% and a return on equity of 13.67%. The company had revenue of $496.94 million during the quarter, compared to analysts’ expectations of $381.08 million. During the same quarter in the prior year, the company posted $0.37 earnings per share. AAON’s revenue for the quarter was up 54.3% compared to the same quarter last year. As a group, sell-side analysts anticipate that AAON, Inc. will post 2.23 earnings per share for the current fiscal year.

AAON Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Friday, June 5th will be paid a dividend of $0.10 per share. The ex-dividend date is Friday, June 5th. This represents a $0.40 dividend on an annualized basis and a yield of 0.3%. AAON’s dividend payout ratio is presently 27.97%.

AAON Company Profile

(Free Report)

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.