AAON (NASDAQ:AAON) CAO Sells $606,666.60 in Stock

AAON, Inc. (NASDAQ:AAON) CAO Rebecca Thompson sold 4,230 shares of the company’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $143.42, for a total transaction of $606,666.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Rebecca Thompson also recently made the following trade(s):

• On Thursday, May 7th, Rebecca Thompson sold 9,672 shares of AAON stock. The shares were sold at an average price of $136.59, for a total transaction of $1,321,098.48.
• On Monday, April 27th, Rebecca Thompson sold 400 shares of AAON stock. The shares were sold at an average price of $100.27, for a total transaction of $40,108.00.
• On Friday, April 24th, Rebecca Thompson sold 21,914 shares of AAON stock. The shares were sold at an average price of $100.21, for a total transaction of $2,196,001.94.
• On Thursday, April 23rd, Rebecca Thompson sold 7,292 shares of AAON stock. The shares were sold at an average price of $100.10, for a total transaction of $729,929.20.
• On Tuesday, April 21st, Rebecca Thompson sold 2,287 shares of AAON stock. The shares were sold at an average price of $100.11, for a total transaction of $228,951.57.

AAON Stock Performance

NASDAQ AAON opened at $132.62 on Monday. The company has a fifty day moving average of $110.72 and a two-hundred day moving average of $96.45. AAON, Inc. has a 1 year low of $62.00 and a 1 year high of $150.46. The company has a debt-to-equity ratio of 0.46, a current ratio of 2.62 and a quick ratio of 1.75. The company has a market capitalization of $10.86 billion, a PE ratio of 92.74, a P/E/G ratio of 3.71 and a beta of 1.38.

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

AAON Dividend Announcement

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. CBIZ Investment Advisory Services LLC acquired a new position in shares of AAON during the third quarter worth about $26,000. EverSource Wealth Advisors LLC increased its stake in shares of AAON by 96.5% during 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. Jones Financial Companies Lllp increased its stake in shares of AAON by 59.5% during the third quarter. Jones Financial Companies Lllp now owns 378 shares of the construction company’s stock worth $34,000 after acquiring an additional 141 shares during the period. Danske Bank A S acquired a new position in shares of AAON during the third quarter worth about $47,000. Finally, Huntington National Bank increased its stake in shares of AAON by 27.0% during the third quarter. Huntington National Bank now owns 569 shares of the construction company’s stock worth $53,000 after acquiring an additional 121 shares during the period. 70.81% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on AAON shares. William Blair reaffirmed an “outperform” rating on shares of AAON in a report on Monday, March 2nd. Wall Street Zen raised shares of AAON from a “sell” rating to a “hold” rating in a report on Saturday, February 14th. Oppenheimer reaffirmed an “outperform” rating on shares of AAON in a report on Friday, May 8th. Finally, Zacks Research raised shares of AAON from a “hold” rating to a “strong-buy” rating in a report on Monday, May 11th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, AAON currently has a consensus rating of “Buy” and a consensus price target of $107.75.

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.