Texas Permanent School Fund increased its stake in AAON, Inc. (NASDAQ:AAON) by 3.7% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 26,590 shares of the construction company’s stock after acquiring an additional 939 shares during the quarter. Texas Permanent School Fund’s holdings in AAON were worth $932,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Bank of Montreal Can increased its stake in AAON by 12.1% in the 4th quarter. Bank of Montreal Can now owns 2,689 shares of the construction company’s stock worth $94,000 after buying an additional 290 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in AAON by 33.8% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,061 shares of the construction company’s stock worth $107,000 after buying an additional 773 shares during the period. Glenmede Trust Co. NA purchased a new position in AAON in the 3rd quarter worth about $213,000. Piedmont Investment Advisors Inc. increased its stake in AAON by 3.0% in the 4th quarter. Piedmont Investment Advisors Inc. now owns 9,681 shares of the construction company’s stock worth $339,000 after buying an additional 281 shares during the period. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its stake in AAON by 14.1% in the 3rd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 9,732 shares of the construction company’s stock worth $368,000 after buying an additional 1,203 shares during the period. 72.60% of the stock is currently owned by institutional investors.

NASDAQ AAON traded up $0.29 during trading on Monday, reaching $42.22. 135 shares of the company’s stock traded hands, compared to its average volume of 122,912. The company has a market capitalization of $2.18 billion, a price-to-earnings ratio of 52.11, a price-to-earnings-growth ratio of 2.12 and a beta of 0.90. AAON, Inc. has a 12-month low of $29.05 and a 12-month high of $44.90.

Several research analysts recently commented on the stock. Zacks Investment Research raised shares of AAON from a “sell” rating to a “hold” rating in a research note on Thursday, January 3rd. BidaskClub downgraded shares of AAON from a “buy” rating to a “hold” rating in a research note on Friday, March 1st. Finally, ValuEngine downgraded shares of AAON from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, January 2nd.

In other AAON news, President Gary D. Fields sold 2,000 shares of the firm’s stock in a transaction dated Tuesday, March 5th. The shares were sold at an average price of $42.39, for a total transaction of $84,780.00. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, VP Stephen E. Wakefield sold 635 shares of the firm’s stock in a transaction dated Tuesday, March 5th. The shares were sold at an average price of $41.88, for a total transaction of $26,593.80. The disclosure for this sale can be found here. Company insiders own 22.20% of the company’s stock.

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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. It offers rooftop units, chillers, packaged outdoor mechanical rooms, air handling units, makeup air units, energy recovery units, condensing units, geothermal/water-source heat pumps, self-contained units, and coils.

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Institutional Ownership by Quarter for AAON (NASDAQ:AAON)

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