AAON, Inc. $AAON Shares Acquired by Rockefeller Capital Management L.P.

Posted by Geri Gentry on Jun 23rd, 2026

Rockefeller Capital Management L.P. boosted its holdings in shares of AAON, Inc. (NASDAQ:AAON – Free Report) by 24.5% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 326,463 shares of the construction company’s stock after purchasing an additional 64,314 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in AAON were worth $24,893,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. EverSource Wealth Advisors LLC boosted its stake 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 buying an additional 164 shares during the last quarter. Danske Bank A S bought a new stake in shares of AAON in the third quarter worth $47,000. Huntington National Bank increased its stake in shares of AAON by 27.0% in the third quarter. Huntington National Bank now owns 569 shares of the construction company’s stock worth $53,000 after buying an additional 121 shares during the last quarter. Summit Securities Group LLC acquired a new stake in AAON in the fourth quarter valued at $45,000. Finally, UMB Bank n.a. raised its holdings in AAON by 46.8% in the fourth quarter. UMB Bank n.a. now owns 885 shares of the construction company’s stock valued at $67,000 after acquiring an additional 282 shares in the last quarter. 70.81% of the stock is owned by institutional investors and hedge funds.

AAON Trading Down 0.4%

AAON stock opened at $136.16 on Tuesday. AAON, Inc. has a 1 year low of $62.00 and a 1 year high of $150.46. The firm’s 50-day moving average is $121.34 and its 200-day moving average is $99.48. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.75 and a current ratio of 2.62. The company has a market cap of $11.15 billion, a P/E ratio of 95.22, a PEG ratio of 3.83 and a beta of 1.38.

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

AAON Dividend Announcement

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

Analysts Set New Price Targets

AAON has been the subject of several recent analyst reports. Oppenheimer reissued an “outperform” rating on shares of AAON in a report on Friday, May 8th. Zacks Research upgraded shares of AAON from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 11th. Finally, William Blair reaffirmed an “outperform” rating on shares of AAON in a research report on Monday, March 2nd. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $112.00.

Get Our Latest Analysis on AAON

Insider Buying and Selling

In related news, CEO Matthew Joseph Tobolski sold 8,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 13th. The stock was sold at an average price of $135.37, for a total transaction of $1,082,960.00. Following the completion of the transaction, the chief executive officer owned 114,371 shares in the company, valued at $15,482,402.27. The trade was a 6.54% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Casey Kidwell sold 3,153 shares of the business’s stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $138.30, for a total value of $436,059.90. Following the transaction, the insider owned 13,463 shares of the company’s stock, valued at $1,861,932.90. This represents a 18.98% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 150,473 shares of company stock valued at $19,516,213 over the last three months. 18.09% of the stock is owned by company insiders.

About AAON

(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.