UBS Group AG Has $35.15 Million Stock Holdings in AAON, Inc. $AAON

UBS Group AG decreased its holdings in shares of AAON, Inc. (NASDAQ:AAON) by 18.3% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 461,000 shares of the construction company’s stock after selling 103,060 shares during the period. UBS Group AG’s holdings in AAON were worth $35,151,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of AAON. Wellington Management Group LLP raised its holdings in AAON by 512.5% during the third quarter. Wellington Management Group LLP now owns 4,739,892 shares of the construction company’s stock worth $442,896,000 after buying an additional 3,966,088 shares during the last quarter. Champlain Investment Partners LLC raised its holdings in AAON by 96.4% during the third quarter. Champlain Investment Partners LLC now owns 2,320,319 shares of the construction company’s stock worth $216,811,000 after buying an additional 1,138,658 shares during the last quarter. First Trust Advisors LP raised its holdings in AAON by 136.4% during the third quarter. First Trust Advisors LP now owns 1,933,595 shares of the construction company’s stock worth $180,675,000 after buying an additional 1,115,566 shares during the last quarter. Bamco Inc. NY acquired a new position in AAON during the third quarter worth $67,922,000. Finally, Capital World Investors acquired a new position in AAON during the third quarter worth $49,462,000. Institutional investors and hedge funds own 70.81% of the company’s stock.

Analyst Ratings Changes

Several research analysts have weighed in on AAON shares. DA Davidson restated a “buy” rating and set a $120.00 price objective on shares of AAON in a report on Tuesday, February 3rd. Weiss Ratings restated a “hold (c)” rating on shares of AAON in a report on Wednesday, January 21st. Oppenheimer restated an “outperform” rating on shares of AAON in a report on Friday. Wall Street Zen upgraded shares of AAON from a “sell” rating to a “hold” rating in a research note on Saturday, February 14th. Finally, William Blair reiterated an “outperform” rating on shares of AAON in a research note on Monday, March 2nd. Five analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $107.75.

Key Stories Impacting AAON

Here are the key news stories impacting AAON this week:

• Positive Sentiment: AAON posted record Q1 2026 sales of $496.9 million, up 54.3% year over year, while diluted EPS rose to $0.48, both ahead of expectations. Article Title
• Positive Sentiment: The company raised 2026 guidance, now expecting revenue growth of 40% to 45% and gross margins of about 27% to 28%, signaling management confidence in continued momentum. Article Title
• Positive Sentiment: Backlog jumped 107.4% to a record $2.1 billion, driven by strong demand from the data center market, which investors are viewing as a long runway for growth. Article Title
• Neutral Sentiment: Management said improving production throughput and higher utilization are starting to support margins, suggesting more operating leverage ahead. Article Title
• Neutral Sentiment: Analysts noted the stock’s move is also being fueled by AAON’s role as a “picks-and-shovels” supplier for the data center build-out, reinforcing the growth narrative. Article Title

AAON Stock Performance

NASDAQ AAON opened at $139.66 on Friday. AAON, Inc. has a 1 year low of $62.00 and a 1 year high of $149.00. The company has a debt-to-equity ratio of 0.46, a current ratio of 2.62 and a quick ratio of 1.84. The firm has a market cap of $11.39 billion, a price-to-earnings ratio of 97.66, a PEG ratio of 4.03 and a beta of 1.24. The company has a fifty day moving average price of $90.23 and a 200-day moving average price of $90.83.

AAON (NASDAQ:AAON) last posted its earnings results on Thursday, May 7th. The construction company reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.31 by $0.17. AAON had a net margin of 7.30% and a return on equity of 13.67%. The firm had revenue of $496.94 million during the quarter, compared to analyst estimates of $381.08 million. During the same quarter in the prior year, the business posted $0.37 EPS. The business’s revenue was up 54.3% compared to the same quarter last year. As a group, equities research analysts predict that AAON, Inc. will post 2 EPS for the current fiscal year.

AAON Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 30th. Stockholders of record on Wednesday, March 18th were paid a $0.10 dividend. The ex-dividend date was Wednesday, March 18th. This represents a $0.40 annualized dividend and a dividend yield of 0.3%. AAON’s dividend payout ratio is presently 30.77%.

Insider Activity

In related news, CAO Rebecca Thompson sold 21,914 shares of the stock in a transaction dated Friday, April 24th. The shares were sold at an average price of $100.21, for a total transaction of $2,196,001.94. Following the completion of the transaction, the chief accounting officer owned 27,681 shares in the company, valued at approximately $2,773,913.01. This represents a 44.19% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Casey Kidwell sold 5,225 shares of the stock in a transaction dated Thursday, March 12th. The shares were sold at an average price of $90.00, for a total transaction of $470,250.00. Following the transaction, the insider owned 12,662 shares of the company’s stock, valued at approximately $1,139,580. The trade was a 29.21% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 37,118 shares of company stock valued at $3,665,241. 18.09% of the stock is owned by company insiders.

About AAON

AAON, Inc (NASDAQ: AAON) is a U.S.-based designer and manufacturer of heating, ventilation and air conditioning (HVAC) equipment for commercial and industrial applications. The company’s product portfolio focuses on rooftop packaged units, water-source heat pumps, chillers and custom-engineered solutions that cater to a wide array of building types, from office complexes and schools to data centers and healthcare facilities.

AAON’s core offerings include rooftop units available in gas, electric and dual-fuel configurations, precision air-conditioning systems for temperature- and humidity-sensitive environments, and modular chillers suited for both indoor and outdoor installations.