AAON (AAON) Expected to Announce Earnings on Wednesday

AAON (NASDAQ:AAON) is expected to release its Q1 2026 results before the market opens on Wednesday, April 29th. Analysts expect AAON to post earnings of $0.31 per share and revenue of $381.0830 million for the quarter. Investors can check the company’s upcoming Q1 2026 earning summary page for the latest details on the call scheduled for Thursday, April 30, 2026 at 9:00 AM ET.

AAON (NASDAQ:AAON) last released its earnings results on Monday, March 2nd. The construction company reported $0.39 earnings per share for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.06). AAON had a net margin of 7.46% and a return on equity of 13.13%. The company had revenue of $424.22 million for the quarter, compared to the consensus estimate of $374.10 million. During the same period in the prior year, the company earned $0.30 earnings per share. The firm’s revenue was up 42.5% on a year-over-year basis. On average, analysts expect AAON to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

AAON Trading Down 2.2%

Shares of AAON stock opened at $95.74 on Wednesday. The company has a quick ratio of 1.84, a current ratio of 2.63 and a debt-to-equity ratio of 0.45. The firm has a market cap of $7.81 billion, a P/E ratio of 73.65, a PEG ratio of 3.05 and a beta of 1.20. The company has a 50 day moving average of $91.05 and a 200-day moving average of $91.12. AAON has a 12-month low of $62.00 and a 12-month high of $116.04.

AAON Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 30th. Shareholders of record on Wednesday, March 18th were given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend was Wednesday, March 18th. AAON’s dividend payout ratio (DPR) is currently 30.77%.

Insider Transactions at AAON

In other AAON news, insider Casey Kidwell sold 5,225 shares of the stock in a transaction on Thursday, March 12th. The stock was sold at an average price of $90.00, for a total transaction of $470,250.00. Following the sale, the insider owned 12,662 shares in the company, valued at $1,139,580. This represents a 29.21% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 18.09% of the stock is owned by insiders.

Hedge Funds Weigh In On AAON

Several hedge funds have recently made changes to their positions in AAON. Wellington Management Group LLP lifted its holdings in AAON by 44.3% during the 4th quarter. Wellington Management Group LLP now owns 6,839,277 shares of the construction company’s stock worth $521,495,000 after purchasing an additional 2,099,385 shares in the last quarter. Wasatch Advisors LP grew its holdings in AAON by 27.1% during the 3rd quarter. Wasatch Advisors LP now owns 2,138,959 shares of the construction company’s stock valued at $199,864,000 after buying an additional 456,560 shares in the last quarter. Spyglass Capital Management LLC increased its position in shares of AAON by 12.2% during the fourth quarter. Spyglass Capital Management LLC now owns 1,198,921 shares of the construction company’s stock valued at $91,418,000 after buying an additional 130,062 shares during the period. Ameriprise Financial Inc. increased its position in shares of AAON by 1.6% during the third quarter. Ameriprise Financial Inc. now owns 1,138,606 shares of the construction company’s stock valued at $106,392,000 after buying an additional 18,282 shares during the period. Finally, Northern Trust Corp lifted its holdings in shares of AAON by 17.4% in the third quarter. Northern Trust Corp now owns 762,711 shares of the construction company’s stock worth $71,268,000 after buying an additional 113,249 shares in the last quarter. 70.81% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts have issued reports on AAON shares. William Blair restated an “outperform” rating on shares of AAON in a research note on Monday, March 2nd. Weiss Ratings reiterated a “hold (c)” rating on shares of AAON in a research note on Wednesday, January 21st. Wall Street Zen raised AAON from a “sell” rating to a “hold” rating in a report on Saturday, February 14th. DA Davidson restated a “buy” rating and issued a $120.00 price objective on shares of AAON in a research note on Tuesday, February 3rd. Finally, Oppenheimer reaffirmed 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. Five analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $107.75.

About AAON

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.