AAON (NASDAQ:AAON) Stock Price Down 7.9% – Time to Sell?

Posted by Francis Steltz on Jun 10th, 2026

AAON, Inc. (NASDAQ:AAON – Get Free Report)’s share price fell 7.9% during mid-day trading on Wednesday . The stock traded as low as $119.42 and last traded at $119.4440. 497,217 shares were traded during mid-day trading, a decline of 51% from the average session volume of 1,023,505 shares. The stock had previously closed at $129.66.

Analysts Set New Price Targets

Several research firms have recently issued reports on AAON. William Blair restated an “outperform” rating on shares of AAON in a report on Monday, March 2nd. Oppenheimer restated an “outperform” rating on shares of AAON in a research report on Friday, May 8th. Wall Street Zen upgraded AAON from a “sell” rating to a “hold” rating in a research report on Saturday, February 14th. Finally, Zacks Research upgraded AAON from a “hold” rating to a “strong-buy” rating in a research report 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. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $107.75.

Get Our Latest Analysis on AAON

AAON Stock Down 7.7%

The company has a 50-day simple moving average of $112.65 and a 200-day simple moving average of $97.01. The firm has a market cap of $9.80 billion, a PE ratio of 83.53, a price-to-earnings-growth ratio of 3.70 and a beta of 1.39. The company has a debt-to-equity ratio of 0.46, a current ratio of 2.62 and a quick ratio of 1.75.

AAON (NASDAQ:AAON – Get Free Report) last announced its quarterly earnings results on Thursday, May 7th. The construction company reported $0.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.31 by $0.17. The firm had revenue of $496.94 million during the quarter, compared to analyst estimates of $381.08 million. AAON had a return on equity of 13.67% and a net margin of 7.30%.AAON’s quarterly revenue was up 54.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.37 earnings per share. Analysts expect that AAON, Inc. will post 2.23 earnings per share for the current fiscal year.

AAON Dividend Announcement

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

Insiders Place Their Bets

In other news, insider Casey Kidwell sold 3,153 shares of the business’s stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $138.30, for a total value of $436,059.90. Following the completion of the sale, the insider owned 13,463 shares in the company, valued at approximately $1,861,932.90. The trade was a 18.98% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Rebecca Thompson sold 4,230 shares of the business’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $143.42, for a total transaction of $606,666.60. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 155,698 shares of company stock worth $19,986,463. 18.09% of the stock is owned by corporate insiders.

Institutional Trading of AAON

A number of hedge funds have recently bought and sold shares of AAON. Moore Capital Management LP acquired a new position in shares of AAON during the third quarter worth $13,959,000. Comerica Bank lifted its holdings in shares of AAON by 23.7% during the 4th quarter. Comerica Bank now owns 238,462 shares of the construction company’s stock valued at $18,183,000 after purchasing an additional 45,660 shares during the last quarter. First Trust Advisors LP lifted its holdings in shares of AAON by 136.4% during the 3rd quarter. First Trust Advisors LP now owns 1,933,595 shares of the construction company’s stock valued at $180,675,000 after purchasing an additional 1,115,566 shares during the last quarter. Champlain Investment Partners LLC lifted its holdings in shares of AAON by 96.4% during the 3rd quarter. Champlain Investment Partners LLC now owns 2,320,319 shares of the construction company’s stock valued at $216,811,000 after purchasing an additional 1,138,658 shares during the last quarter. Finally, Capital International Investors lifted its holdings in shares of AAON by 50.9% during the 3rd quarter. Capital International Investors now owns 1,471,792 shares of the construction company’s stock valued at $137,524,000 after purchasing an additional 496,581 shares during the last quarter. Hedge funds and other institutional investors own 70.81% of the company’s stock.

AAON Company Profile

(Get 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.