Crossmark Global Holdings Inc. Purchases Shares of 9,901 AAON, Inc. (AAON)
Crossmark Global Holdings Inc. purchased a new position in shares of AAON, Inc. (NASDAQ:AAON) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 9,901 shares of the construction company’s stock, valued at approximately $341,000.
Several other hedge funds have also modified their holdings of the company. Neuberger Berman Group LLC increased its position in shares of AAON by 0.4% during the second quarter. Neuberger Berman Group LLC now owns 3,588,053 shares of the construction company’s stock valued at $132,220,000 after purchasing an additional 13,725 shares during the period. Vanguard Group Inc. increased its position in shares of AAON by 1.3% during the second quarter. Vanguard Group Inc. now owns 3,547,234 shares of the construction company’s stock valued at $130,715,000 after purchasing an additional 43,958 shares during the period. Capital Analysts LLC bought a new stake in shares of AAON during the second quarter valued at approximately $121,000. RK Capital Management LLC increased its position in shares of AAON by 4.0% during the second quarter. RK Capital Management LLC now owns 396,943 shares of the construction company’s stock valued at $14,627,000 after purchasing an additional 15,100 shares during the period. Finally, Legal & General Group Plc increased its position in shares of AAON by 8.8% during the second quarter. Legal & General Group Plc now owns 77,065 shares of the construction company’s stock valued at $2,839,000 after purchasing an additional 6,222 shares during the period. Institutional investors own 66.44% of the company’s stock.
In other AAON news, Director Jack E. Short sold 5,062 shares of the company’s stock in a transaction on Thursday, September 7th. The stock was sold at an average price of $31.91, for a total value of $161,528.42. Following the sale, the director now directly owns 54,336 shares in the company, valued at $1,733,861.76. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 22.25% of the company’s stock.
AAON has been the topic of a number of analyst reports. Zacks Investment Research upgraded AAON from a “sell” rating to a “hold” rating in a research report on Friday, August 25th. BidaskClub cut AAON from a “sell” rating to a “strong sell” rating in a research report on Friday, August 18th.
Shares of AAON, Inc. (NASDAQ:AAON) opened at $35.85 on Monday. AAON, Inc. has a 1 year low of $29.95 and a 1 year high of $38.20. The firm has a market capitalization of $1,880.98, a price-to-earnings ratio of 38.14, a price-to-earnings-growth ratio of 2.46 and a beta of 1.01.
AAON (NASDAQ:AAON) last announced its quarterly earnings results on Thursday, November 2nd. The construction company reported $0.28 earnings per share for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.01). AAON had a net margin of 12.77% and a return on equity of 23.17%. The company had revenue of $113.67 million during the quarter, compared to the consensus estimate of $111.76 million. During the same quarter last year, the company earned $0.29 earnings per share. The business’s revenue was up 8.7% on a year-over-year basis. equities analysts expect that AAON, Inc. will post 0.97 EPS for the current fiscal year.
The business also recently declared a semiannual dividend, which will be paid on Thursday, December 21st. Shareholders of record on Thursday, November 30th will be given a $0.13 dividend. This represents a yield of 0.76%. The ex-dividend date is Wednesday, November 29th. AAON’s dividend payout ratio (DPR) is 27.66%.
AAON, Inc is engaged in the engineering, manufacturing, marketing and sale of air conditioning and heating equipment consisting of standard, semi-custom and custom rooftop units, chillers, packaged outdoor mechanical rooms, air handling units, makeup air units, energy recovery units, condensing units, geothermal/water-source heat pumps and coils.
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