Research Analysts Offer Predictions for AAON Q3 Earnings

AAON, Inc. (NASDAQ:AAON - Free Report) - Research analysts at William Blair lowered their Q3 2025 earnings per share estimates for shares of AAON in a note issued to investors on Monday, July 14th. William Blair analyst R. Merkel now expects that the construction company will earn $0.66 per share for the quarter, down from their previous estimate of $0.80. The consensus estimate for AAON's current full-year earnings is $2.26 per share.

A number of other equities research analysts have also recently commented on the stock. Wall Street Zen raised shares of AAON from a "sell" rating to a "hold" rating in a research report on Saturday, July 5th. Sidoti upgraded AAON from a "neutral" rating to a "buy" rating and set a $95.00 target price on the stock in a research report on Monday, June 16th. One investment analyst has rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Buy" and an average price target of $111.50.

AAON Stock Down 1.0%

Shares of NASDAQ AAON traded down $0.82 during mid-day trading on Wednesday, reaching $78.64. 282,626 shares of the company were exchanged, compared to its average volume of 685,940. The stock has a market cap of $6.40 billion, a price-to-earnings ratio of 41.31 and a beta of 0.95. The firm has a 50-day moving average of $85.68 and a 200 day moving average of $93.91. AAON has a 1 year low of $68.98 and a 1 year high of $144.07. 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 (NASDAQ:AAON - Get Free Report) last posted its quarterly earnings results on Wednesday, April 30th. The construction company reported $0.37 EPS for the quarter, beating the consensus estimate of $0.24 by $0.13. The business had revenue of $322.05 million during the quarter, compared to analyst estimates of $289.16 million. AAON had a net margin of 12.60% and a return on equity of 20.23%. The company's quarterly revenue was up 22.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.46 EPS.

AAON Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 27th. Shareholders of record on Friday, June 6th were paid a dividend of $0.10 per share. The ex-dividend date was Friday, June 6th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.51%. AAON's payout ratio is currently 21.05%.

Insider Activity

In other AAON news, CEO Gary D. Fields sold 37,189 shares of the company's stock in a transaction that occurred on Tuesday, May 6th. The stock was sold at an average price of $98.20, for a total value of $3,651,959.80. Following the sale, the chief executive officer owned 63,714 shares in the company, valued at approximately $6,256,714.80. This represents a 36.86% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Gordon Douglas Wichman sold 21,302 shares of the firm's stock in a transaction that occurred 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 $914,617.92. The trade was a 70.87% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 70,823 shares of company stock valued at $7,122,451. Insiders own 18.70% of the company's stock.

Institutional Trading of AAON

A number of hedge funds have recently added to or reduced their stakes in AAON. Vanguard Group Inc. raised its position in shares of AAON by 4.4% in the first quarter. Vanguard Group Inc. now owns 6,516,204 shares of the construction company's stock worth $509,111,000 after acquiring an additional 276,722 shares during the period. Blair William & Co. IL increased its stake in shares of AAON by 86.2% in the 1st quarter. Blair William & Co. IL now owns 2,177,688 shares of the construction company's stock valued at $170,143,000 after purchasing an additional 1,007,906 shares in the last quarter. Invesco Ltd. raised its holdings in AAON by 15.6% in the 4th quarter. Invesco Ltd. now owns 2,032,497 shares of the construction company's stock worth $239,184,000 after purchasing an additional 274,119 shares during the period. Geneva Capital Management LLC raised its holdings in AAON by 13.1% in the 1st quarter. Geneva Capital Management LLC now owns 1,897,728 shares of the construction company's stock worth $148,269,000 after purchasing an additional 219,814 shares during the period. Finally, Dimensional Fund Advisors LP boosted its position in AAON by 5.0% during the first quarter. Dimensional Fund Advisors LP now owns 1,402,803 shares of the construction company's stock worth $109,598,000 after purchasing an additional 66,536 shares in the last quarter. 70.81% of the stock is owned by hedge funds and other institutional investors.

About AAON

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.