Atlantic Trust Group LLC held its position in shares of AAON, Inc. (NASDAQ:AAON) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 14,043 shares of the construction company’s stock at the close of the second quarter. Atlantic Trust Group LLC’s holdings in AAON were worth $517,000 at the end of the most recent reporting period.
Several other hedge funds have also added to or reduced their stakes in the stock. LS Investment Advisors LLC boosted its position in AAON by 86.0% during the 1st quarter. LS Investment Advisors LLC now owns 2,899 shares of the construction company’s stock valued at $102,000 after buying an additional 1,340 shares during the period. Capital Analysts LLC purchased a new stake in AAON during the 2nd quarter valued at $121,000. Ameritas Investment Partners Inc. purchased a new stake in AAON during the 1st quarter valued at $123,000. Victory Capital Management Inc. boosted its position in AAON by 16.1% during the 1st quarter. Victory Capital Management Inc. now owns 4,140 shares of the construction company’s stock valued at $146,000 after buying an additional 573 shares during the period. Finally, SG Americas Securities LLC purchased a new stake in AAON during the 2nd quarter valued at $220,000. 65.30% of the stock is currently owned by institutional investors.
In other AAON news, Director Jack E. Short sold 5,062 shares of the business’s stock in a transaction on Thursday, September 7th. The shares were sold at an average price of $31.91, for a total transaction of $161,528.42. Following the transaction, the director now owns 54,336 shares in the company, valued at $1,733,861.76. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 22.25% of the company’s stock.
Several brokerages have weighed in on AAON. BidaskClub cut shares of AAON from a “buy” rating to a “hold” rating in a research report on Monday, July 24th. Zacks Investment Research raised shares of AAON from a “sell” rating to a “hold” rating in a research report on Friday, August 25th.
Shares of AAON, Inc. (NASDAQ AAON) opened at 31.95 on Wednesday. AAON, Inc. has a 12 month low of $27.11 and a 12 month high of $38.20. The stock has a market cap of $1.68 billion, a PE ratio of 33.28 and a beta of 0.97. The firm’s 50-day moving average is $33.04 and its 200 day moving average is $35.40.
AAON (NASDAQ:AAON) last posted its quarterly earnings data on Thursday, August 3rd. The construction company reported $0.26 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.28 by ($0.02). AAON had a net margin of 13.32% and a return on equity of 24.33%. The firm had revenue of $101.30 million for the quarter, compared to the consensus estimate of $111.24 million. During the same quarter last year, the firm earned $0.27 EPS. The company’s revenue was down 1.0% on a year-over-year basis. On average, equities analysts predict that AAON, Inc. will post $1.00 EPS for the current year.
AAON, Inc is engaged in the engineering, manufacturing, marketing and sale of air conditioning and heating equipment consisting of standard, semi-custom and custom rooftop units, chillers, packaged outdoor mechanical rooms, air handling units, makeup air units, energy recovery units, condensing units, geothermal/water-source heat pumps and coils.
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