AAON (NASDAQ:AAON) CAO Rebecca Thompson Sells 4,230 Shares of Stock

AAON, Inc. (NASDAQ:AAON) CAO Rebecca Thompson sold 4,230 shares of the stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $143.42, for a total transaction of $606,666.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

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

• On Thursday, May 7th, Rebecca Thompson sold 9,672 shares of AAON stock. The stock was 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 stock was 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 stock was 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 stock was 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 stock was sold at an average price of $100.11, for a total transaction of $228,951.57.

AAON Trading Down 7.7%

Shares of AAON opened at $132.62 on Friday. The company has a debt-to-equity ratio of 0.46, a current ratio of 2.62 and a quick ratio of 1.75. AAON, Inc. has a 1 year low of $62.00 and a 1 year high of $150.46. The company has a 50 day simple moving average of $110.72 and a two-hundred day simple moving average of $96.42. The firm has a market cap of $10.86 billion, a P/E ratio of 92.74, a price-to-earnings-growth ratio of 4.02 and a beta of 1.39.

AAON (NASDAQ:AAON) last announced its quarterly earnings data on Thursday, May 7th. The construction company reported $0.48 earnings per share (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 analyst estimates of $381.08 million. During the same period last year, the firm posted $0.37 EPS. The company’s revenue was up 54.3% on a year-over-year basis. On average, equities analysts expect that AAON, Inc. will post 2.23 earnings per share for the current fiscal year.

AAON Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Friday, June 5th will be issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend is Friday, June 5th. AAON’s dividend payout ratio (DPR) is 27.97%.

Wall Street Analysts Forecast Growth

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

Institutional Trading of AAON

A number of institutional investors have recently bought and sold shares of AAON. Wellington Management Group LLP lifted its position in AAON by 512.5% in the third quarter. Wellington Management Group LLP now owns 4,739,892 shares of the construction company’s stock worth $442,896,000 after buying an additional 3,966,088 shares during the last quarter. Franklin Resources Inc. lifted its position in AAON by 8,956.4% in the fourth quarter. Franklin Resources Inc. now owns 1,222,706 shares of the construction company’s stock worth $93,231,000 after buying an additional 1,209,205 shares during the last quarter. Champlain Investment Partners LLC lifted its position in AAON by 96.4% in the third quarter. Champlain Investment Partners LLC now owns 2,320,319 shares of the construction company’s stock worth $216,811,000 after buying an additional 1,138,658 shares during the last quarter. First Trust Advisors LP lifted its position in AAON by 136.4% in the third quarter. First Trust Advisors LP now owns 1,933,595 shares of the construction company’s stock worth $180,675,000 after buying an additional 1,115,566 shares during the last quarter. Finally, Bamco Inc. NY bought a new stake in AAON in the third quarter worth $67,922,000. 70.81% of the stock is currently owned by institutional investors.

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.