AAON, Inc. (NASDAQ:AAON – Get Free Report) Director Gary Fields sold 19,000 shares of the company’s stock in a transaction dated Friday, May 29th. The stock was sold at an average price of $140.20, for a total transaction of $2,663,800.00. Following the completion of the sale, the director owned 15,252 shares in the company, valued at approximately $2,138,330.40. This trade represents a 55.47% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
AAON Price Performance
Shares of NASDAQ AAON opened at $143.50 on Wednesday. The company has a 50 day simple moving average of $106.00 and a two-hundred day simple moving average of $95.15. AAON, Inc. has a fifty-two week low of $62.00 and a fifty-two week high of $149.00. The company has a market capitalization of $11.75 billion, a price-to-earnings ratio of 100.35, a P/E/G ratio of 3.88 and a beta of 1.38. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.75 and a current ratio of 2.62.
AAON (NASDAQ:AAON – Get Free Report) last issued its quarterly earnings results on Thursday, May 7th. The construction company reported $0.48 EPS for the quarter, topping analysts’ consensus estimates of $0.31 by $0.17. AAON had a return on equity of 13.67% and a net margin of 7.30%.The firm had revenue of $496.94 million for the quarter, compared to analysts’ expectations of $381.08 million. During the same period in the previous year, the firm posted $0.37 EPS. The business’s revenue for the quarter was up 54.3% compared to the same quarter last year. Analysts expect that AAON, Inc. will post 2.23 EPS for the current fiscal year.
AAON Announces Dividend
Institutional Investors Weigh In On AAON
Several institutional investors have recently modified their holdings of AAON. EverSource Wealth Advisors LLC raised its position in AAON by 96.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 334 shares of the construction company’s stock worth $25,000 after buying an additional 164 shares during the last quarter. CBIZ Investment Advisory Services LLC purchased a new stake in shares of AAON during the 3rd quarter valued at about $26,000. 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. Summit Securities Group LLC bought a new stake in shares of AAON in the fourth quarter worth approximately $45,000. Finally, Danske Bank A S bought a new stake in shares of AAON in the third quarter worth approximately $47,000. 70.81% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
AAON has been the subject of several recent analyst reports. DA Davidson reaffirmed a “buy” rating and issued a $120.00 price target on shares of AAON in a research report on Tuesday, February 3rd. Oppenheimer restated an “outperform” rating on shares of AAON in a research note on Friday, May 8th. Zacks Research raised shares of AAON from a “hold” rating to a “strong-buy” rating in a report on Monday, May 11th. William Blair reiterated an “outperform” rating on shares of AAON in a report on Monday, March 2nd. Finally, Wall Street Zen upgraded shares of AAON from a “sell” rating to a “hold” rating in a report on Saturday, February 14th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of $107.75.
Get Our Latest Research Report on AAON
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.
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