DA Davidson Weighs in on AAON’s Q3 Earnings (NASDAQ:AAON)

AAON, Inc. (NASDAQ:AAON) – Equities researchers at DA Davidson issued their Q3 2025 EPS estimates for shares of AAON in a research note issued on Tuesday, August 12th. DA Davidson analyst B. Thielman forecasts that the construction company will post earnings of $0.31 per share for the quarter. DA Davidson has a “Buy” rating and a $105.00 price objective on the stock. The consensus estimate for AAON’s current full-year earnings is $2.26 per share.

AAON (NASDAQ:AAON) last posted its quarterly earnings results on Monday, August 11th. The construction company reported $0.22 EPS for the quarter, missing the consensus estimate of $0.31 by ($0.09). AAON had a return on equity of 15.45% and a net margin of 9.70%. The firm had revenue of $311.57 million for the quarter, compared to analyst estimates of $326.15 million. During the same quarter last year, the firm earned $0.62 EPS. The company’s revenue was down .6% on a year-over-year basis.

Several other research analysts have also recently commented on AAON. Robert W. Baird lowered their price target on shares of AAON from $102.00 to $98.00 and set a “buy” rating for the company in a report on Tuesday. Sidoti upgraded shares of AAON from a “neutral” rating to a “buy” rating and set a $95.00 price objective for the company in a research report on Monday, June 16th. Finally, Wall Street Zen upgraded shares of AAON from a “sell” rating to a “hold” rating in a research report on Saturday, August 9th. One research analyst has rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, AAON has a consensus rating of “Buy” and a consensus target price of $102.00.

AAON Trading Down 5.9%

NASDAQ AAON opened at $83.11 on Wednesday. The company has a quick ratio of 1.80, a current ratio of 3.10 and a debt-to-equity ratio of 0.38. AAON has a 52 week low of $62.00 and a 52 week high of $144.07. The stock has a market capitalization of $6.78 billion, a PE ratio of 56.54 and a beta of 0.94. The firm has a 50 day moving average of $77.89 and a two-hundred day moving average of $87.81.

Institutional Trading of AAON

Several institutional investors and hedge funds have recently bought and sold shares of AAON. Champlain Investment Partners LLC purchased a new stake in AAON in the 2nd quarter valued at $87,147,000. Blair William & Co. IL raised its position in 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 during the last quarter. Norges Bank purchased a new stake in AAON in the 2nd quarter valued at $51,441,000. Mawer Investment Management Ltd. purchased a new stake in AAON in the 1st quarter valued at $44,219,000. Finally, Brown Advisory Inc. purchased a new stake in AAON in the 1st quarter valued at $41,180,000. Hedge funds and other institutional investors own 70.81% of the company’s stock.

Insider Buying and Selling at AAON

In other news, Director Gordon Douglas Wichman sold 21,302 shares of the business’s stock in a transaction that occurred on Tuesday, May 20th. The shares were sold at an average price of $104.48, for a total transaction of $2,225,632.96. Following the completion of the sale, the director owned 8,754 shares in the company, valued at approximately $914,617.92. The trade was a 70.87% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 18.70% of the company’s stock.

AAON Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 26th. Stockholders of record on Friday, September 5th will be given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 0.5%. AAON’s dividend payout ratio is presently 27.21%.

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.