Shares of AAON, Inc. (NASDAQ:AAON) have been assigned an average broker rating score of 3.00 (Hold) from the one analysts that provide coverage for the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a hold rating.

Analysts have set a twelve-month consensus price objective of $35.00 for the company and are expecting that the company will post $0.24 earnings per share for the current quarter, according to Zacks. Zacks has also given AAON an industry rank of 20 out of 255 based on the ratings given to its competitors.

AAON has been the subject of a number of research reports. ValuEngine cut AAON from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, January 2nd. BidaskClub raised AAON from a “hold” rating to a “buy” rating in a research report on Wednesday, February 20th. Finally, Zacks Investment Research raised AAON from a “hold” rating to a “buy” rating and set a $46.00 target price on the stock in a research report on Monday, March 4th.

AAON stock traded up $0.19 during mid-day trading on Monday, reaching $47.78. The stock had a trading volume of 3,996 shares, compared to its average volume of 137,717. AAON has a fifty-two week low of $29.05 and a fifty-two week high of $48.97. The stock has a market capitalization of $2.48 billion, a PE ratio of 58.67, a price-to-earnings-growth ratio of 2.42 and a beta of 0.92.

AAON (NASDAQ:AAON) last announced its quarterly earnings data on Wednesday, February 27th. The construction company reported $0.24 EPS for the quarter, missing the Zacks’ consensus estimate of $0.25 by ($0.01). AAON had a net margin of 9.81% and a return on equity of 17.46%. The firm had revenue of $112.34 million during the quarter, compared to analyst estimates of $105.00 million. As a group, analysts expect that AAON will post 1.31 earnings per share for the current fiscal year.

In related news, VP Stephen E. Wakefield sold 635 shares of AAON stock in a transaction that occurred on Tuesday, March 5th. The stock was sold at an average price of $41.88, for a total transaction of $26,593.80. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, President Gary D. Fields sold 2,000 shares of AAON stock in a transaction that occurred on Tuesday, March 5th. The shares were sold at an average price of $42.39, for a total value of $84,780.00. The disclosure for this sale can be found here. 22.24% of the stock is owned by insiders.

Several large investors have recently made changes to their positions in the stock. PRW Wealth Management LLC bought a new stake in AAON during the fourth quarter worth $46,000. Bank of Montreal Can lifted its holdings in AAON by 12.1% during the fourth quarter. Bank of Montreal Can now owns 2,689 shares of the construction company’s stock worth $94,000 after acquiring an additional 290 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in AAON by 33.8% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,061 shares of the construction company’s stock worth $107,000 after acquiring an additional 773 shares during the period. Wakefield Asset Management LLLP bought a new stake in AAON during the fourth quarter worth $133,000. Finally, Advisor Group Inc. lifted its holdings in AAON by 95.5% during the fourth quarter. Advisor Group Inc. now owns 5,635 shares of the construction company’s stock worth $198,000 after acquiring an additional 2,752 shares during the period. 73.09% of the stock is currently owned by institutional investors.

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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