Rebecca Thompson Sells 2,287 Shares of AAON (NASDAQ:AAON) Stock

AAON, Inc. (NASDAQ:AAONGet Free Report) CAO Rebecca Thompson sold 2,287 shares of the stock in a transaction on Tuesday, April 21st. The shares were sold at an average price of $100.11, for a total value of $228,951.57. Following the transaction, the chief accounting officer directly owned 27,681 shares of the company’s stock, valued at approximately $2,771,144.91. This trade represents a 7.63% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

AAON Price Performance

Shares of NASDAQ AAON opened at $98.71 on Friday. The stock has a fifty day simple moving average of $90.88 and a two-hundred day simple moving average of $91.22. AAON, Inc. has a 1-year low of $62.00 and a 1-year high of $116.04. The firm has a market cap of $8.05 billion, a price-to-earnings ratio of 75.93, a price-to-earnings-growth ratio of 3.02 and a beta of 1.20. The company has a current ratio of 2.63, a quick ratio of 1.84 and a debt-to-equity ratio of 0.45.

AAON (NASDAQ:AAONGet Free Report) last announced its quarterly earnings data on Monday, March 2nd. The construction company reported $0.39 earnings per share for the quarter, missing the consensus estimate of $0.45 by ($0.06). AAON had a net margin of 7.46% and a return on equity of 13.13%. The firm had revenue of $424.22 million for the quarter, compared to the consensus estimate of $374.10 million. During the same period last year, the company posted $0.30 earnings per share. AAON’s revenue for the quarter was up 42.5% on a year-over-year basis. Analysts anticipate that AAON, Inc. will post 2 earnings per share for the current year.

AAON Dividend Announcement

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

Hedge Funds Weigh In On AAON

Large investors have recently made changes to their positions in the stock. EverSource Wealth Advisors LLC boosted its holdings in shares of AAON by 96.5% in the second quarter. EverSource Wealth Advisors LLC now owns 334 shares of the construction company’s stock worth $25,000 after acquiring an additional 164 shares during the period. CBIZ Investment Advisory Services LLC purchased a new stake in shares of AAON in the third quarter worth $26,000. Jones Financial Companies Lllp raised its position in shares of AAON by 59.5% in the third quarter. Jones Financial Companies Lllp now owns 378 shares of the construction company’s stock worth $34,000 after buying an additional 141 shares in the last quarter. Summit Securities Group LLC purchased a new stake in shares of AAON in the fourth quarter worth $45,000. Finally, Danske Bank A S purchased a new stake in shares of AAON in the third quarter worth $47,000. 70.81% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

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

Check Out Our Latest Analysis on AAON

About AAON

(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.

Further Reading

Insider Buying and Selling by Quarter for AAON (NASDAQ:AAON)

Receive News & Ratings for AAON Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AAON and related companies with MarketBeat.com's FREE daily email newsletter.