AAON (AAON) Expected to Announce Quarterly Earnings on Sunday

Key Points

• AAON is set to announce its Q2 2025 earnings on Sunday, August 10th, with analysts forecasting earnings of $0.35 per share and revenue of $326.15 million.
• In its previous quarter, AAON reported earnings of $0.37 per share, outperforming estimates and achieving a year-over-year revenue increase of 22.9%.
• Goldman Sachs and Millennium Management recently increased their stakes in AAON, indicating strong interest from institutional investors, who hold approximately 70.81% of the company's stock.

AAON (NASDAQ:AAON - Get Free Report) is anticipated to issue its Q2 2025 quarterly earnings data after the market closes on Sunday, August 10th. Analysts expect the company to announce earnings of $0.35 per share and revenue of $326.15 million for the quarter.

AAON (NASDAQ:AAON - Get Free Report) last issued its quarterly earnings results on Wednesday, April 30th. The construction company reported $0.37 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.13. The company had revenue of $322.05 million during the quarter, compared to analysts' expectations of $289.16 million. AAON had a return on equity of 20.23% and a net margin of 12.60%. The business's quarterly revenue was up 22.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.46 earnings per share. On average, analysts expect AAON to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

AAON Price Performance

AAON stock opened at $81.65 on Friday. The firm has a market cap of $6.64 billion, a price-to-earnings ratio of 42.97 and a beta of 0.94. The company has a quick ratio of 1.80, a current ratio of 2.77 and a debt-to-equity ratio of 0.29. AAON has a 12-month low of $68.98 and a 12-month high of $144.07. The company's fifty day simple moving average is $80.54 and its 200 day simple moving average is $90.53.

AAON Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, June 27th. Investors of record on Friday, June 6th were paid a dividend of $0.10 per share. The ex-dividend date of this dividend was Friday, June 6th. This represents a $0.40 annualized dividend and a yield of 0.5%. AAON's dividend payout ratio (DPR) is currently 21.05%.

Insider Buying and Selling at AAON

In related news, Director Gordon Douglas Wichman sold 21,302 shares of the business's stock in a transaction on Tuesday, May 20th. The stock was sold at an average price of $104.48, for a total transaction of $2,225,632.96. Following the sale, the director directly owned 8,754 shares in the company, valued at approximately $914,617.92. The trade was a 70.87% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Gary D. Fields sold 8,357 shares of the business's stock in a transaction on Thursday, May 8th. The shares were sold at an average price of $98.66, for a total value of $824,501.62. Following the sale, the chief executive officer owned 26,491 shares in the company, valued at approximately $2,613,602.06. The trade was a 23.98% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 70,823 shares of company stock worth $7,122,451. Corporate insiders own 18.70% of the company's stock.

Hedge Funds Weigh In On AAON

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Goldman Sachs Group Inc. lifted its stake in AAON by 20.6% during the first quarter. Goldman Sachs Group Inc. now owns 430,936 shares of the construction company's stock worth $33,669,000 after purchasing an additional 73,644 shares during the last quarter. Millennium Management LLC lifted its stake in shares of AAON by 429.3% in the 1st quarter. Millennium Management LLC now owns 81,145 shares of the construction company's stock valued at $6,340,000 after acquiring an additional 65,813 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of AAON by 5.7% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 233,002 shares of the construction company's stock valued at $18,204,000 after acquiring an additional 12,489 shares during the last quarter. Finally, NewEdge Advisors LLC lifted its stake in shares of AAON by 1.8% in the 1st quarter. NewEdge Advisors LLC now owns 16,267 shares of the construction company's stock valued at $1,271,000 after acquiring an additional 294 shares during the last quarter. 70.81% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have commented on AAON. Wall Street Zen cut AAON from a "hold" rating to a "sell" rating in a research note on Friday, July 18th. Sidoti raised AAON from a "neutral" rating to a "buy" rating and set a $95.00 price objective for the company in a research note on Monday, June 16th. One equities research analyst has rated the stock with a sell rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $111.50.

AAON Company Profile

AAON, Inc, together with its subsidiaries, engages in engineering, manufacturing, marketing, and selling air conditioning and heating equipment in the United States and Canada. The company operates through three segments: AAON Oklahoma, AAON Coil Products, and BASX. It offers rooftop units, data center cooling solutions, cleanroom systems, chillers, packaged outdoor mechanical rooms, air handling units, makeup air units, energy recovery units, condensing units, geothermal/water-source heat pumps, coils, and controls.

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