Voya Investment Management LLC Has $33.57 Million Stock Holdings in AAON, Inc. $AAON

Voya Investment Management LLC decreased its position in AAON, Inc. (NASDAQ:AAON) by 31.5% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 359,315 shares of the construction company’s stock after selling 164,989 shares during the period. Voya Investment Management LLC’s holdings in AAON were worth $33,574,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in the business. Blair William & Co. IL lifted its position in shares of AAON by 4.7% in the second quarter. Blair William & Co. IL now owns 2,280,070 shares of the construction company’s stock worth $168,155,000 after purchasing an additional 102,382 shares in the last quarter. Geneva Capital Management LLC increased its stake in AAON by 7.3% in the 2nd quarter. Geneva Capital Management LLC now owns 2,036,752 shares of the construction company’s stock valued at $150,210,000 after buying an additional 139,024 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in AAON by 5.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,402,803 shares of the construction company’s stock worth $109,598,000 after buying an additional 66,536 shares in the last quarter. Geode Capital Management LLC lifted its position in AAON by 2.0% during the 2nd quarter. Geode Capital Management LLC now owns 1,341,376 shares of the construction company’s stock worth $98,941,000 after buying an additional 26,302 shares in the last quarter. Finally, Champlain Investment Partners LLC acquired a new position in shares of AAON during the 2nd quarter worth about $87,147,000. 70.81% of the stock is owned by institutional investors.

Insider Buying and Selling at AAON

In related news, EVP Stephen E. Wakefield bought 4,141 shares of AAON stock in a transaction that occurred on Friday, December 12th. The stock was acquired at an average price of $77.59 per share, with a total value of $321,300.19. Following the acquisition, the executive vice president owned 15,212 shares of the company’s stock, valued at approximately $1,180,299.08. This represents a 37.40% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Gary D. Fields sold 26,746 shares of the company’s stock in a transaction dated Tuesday, November 11th. The shares were sold at an average price of $105.21, for a total transaction of $2,813,946.66. Following the completion of the transaction, the director owned 26,340 shares in the company, valued at approximately $2,771,231.40. This trade represents a 50.38% decrease in their position. The disclosure for this sale is available in the SEC filing. 18.70% of the stock is owned by insiders.

Analyst Ratings Changes

A number of research firms recently issued reports on AAON. Weiss Ratings reaffirmed a “hold (c)” rating on shares of AAON in a research report on Wednesday, October 8th. Zacks Research raised AAON from a “strong sell” rating to a “hold” rating in a research report on Monday, October 13th. Finally, Oppenheimer reissued an “outperform” rating and issued a $115.00 price objective on shares of AAON in a report on Friday, November 7th. 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, the company currently has an average rating of “Moderate Buy” and a consensus price target of $104.60.

AAON Price Performance

Shares of NASDAQ AAON opened at $75.34 on Friday. The company has a quick ratio of 2.03, a current ratio of 3.04 and a debt-to-equity ratio of 0.42. The business’s 50 day moving average price is $93.38 and its two-hundred day moving average price is $86.40. The company has a market cap of $6.15 billion, a PE ratio of 62.26 and a beta of 1.06. AAON, Inc. has a twelve month low of $62.00 and a twelve month high of $137.90.

AAON (NASDAQ:AAON) last released its quarterly earnings data on Tuesday, June 10th. The construction company reported $0.37 earnings per share (EPS) for the quarter. AAON had a return on equity of 12.52% and a net margin of 7.62%.The company had revenue of $322.05 million during the quarter. On average, analysts predict that AAON, Inc. will post 2.26 EPS for the current year.

AAON Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 18th. Shareholders of record on Wednesday, November 26th were given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend was Wednesday, November 26th. AAON’s payout ratio is 33.06%.

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.