William Blair Predicts AAON's Q1 Earnings (NASDAQ:AAON)

AAON, Inc. (NASDAQ:AAON - Free Report) - Stock analysts at William Blair increased their Q1 2025 EPS estimates for AAON in a research note issued to investors on Tuesday, March 4th. William Blair analyst R. Merkel now anticipates that the construction company will post earnings of $0.24 per share for the quarter, up from their prior estimate of $0.23. The consensus estimate for AAON's current full-year earnings is $2.26 per share. William Blair also issued estimates for AAON's Q2 2025 earnings at $0.59 EPS and Q3 2025 earnings at $0.78 EPS.

AAON has been the subject of a number of other research reports. StockNews.com cut shares of AAON from a "hold" rating to a "sell" rating in a research note on Friday, February 28th. Robert W. Baird dropped their target price on shares of AAON from $155.00 to $116.00 and set an "outperform" rating for the company in a research report on Friday, February 28th. CJS Securities raised AAON from a "market perform" rating to an "outperform" rating and set a $110.00 price objective on the stock in a research note on Friday, February 28th. Finally, DA Davidson lowered their price target on shares of AAON from $150.00 to $125.00 and set a "buy" rating for the company in a report on Friday, February 28th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, four have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $115.50.

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AAON Stock Down 2.8 %

AAON traded down $2.28 on Thursday, hitting $79.79. 1,358,588 shares of the company were exchanged, compared to its average volume of 650,770. The company has a market cap of $6.51 billion, a PE ratio of 35.15 and a beta of 1.00. AAON has a 12 month low of $69.52 and a 12 month high of $144.07. The stock's fifty day moving average is $112.28 and its 200-day moving average is $113.97. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.79 and a current ratio of 3.06.

Institutional Trading of AAON

Several hedge funds and other institutional investors have recently made changes to their positions in AAON. Mather Group LLC. lifted its position in shares of AAON by 521.6% during the 4th quarter. Mather Group LLC. now owns 230 shares of the construction company's stock valued at $27,000 after buying an additional 193 shares in the last quarter. Twin Tree Management LP purchased a new stake in AAON in the 4th quarter valued at about $33,000. Westside Investment Management Inc. purchased a new stake in AAON in the third quarter worth about $36,000. Quarry LP raised its stake in AAON by 49.0% in the fourth quarter. Quarry LP now owns 313 shares of the construction company's stock worth $37,000 after buying an additional 103 shares in the last quarter. Finally, UMB Bank n.a. raised its stake in shares of AAON by 67.5% during the 4th quarter. UMB Bank n.a. now owns 325 shares of the construction company's stock worth $38,000 after acquiring an additional 131 shares in the last quarter. Hedge funds and other institutional investors own 70.81% of the company's stock.

Insider Activity

In related news, VP Stephen E. Wakefield sold 5,362 shares of AAON stock in a transaction on Friday, December 13th. The shares were sold at an average price of $130.99, for a total value of $702,368.38. Following the transaction, the vice president now directly owns 4,558 shares of the company's stock, valued at $597,052.42. The trade was a 54.05 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 18.55% of the stock is owned by company insiders.

AAON Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Tuesday, March 18th will be given a $0.10 dividend. The ex-dividend date of this dividend is Tuesday, March 18th. This is a boost from AAON's previous quarterly dividend of $0.08. This represents a $0.40 annualized dividend and a dividend yield of 0.50%. AAON's payout ratio is 15.92%.

AAON announced that its Board of Directors has authorized a stock repurchase program on Tuesday, March 4th that authorizes the company to buyback $30.00 million in outstanding shares. This buyback authorization authorizes the construction company to repurchase up to 0.5% of its shares through open market purchases. Shares buyback programs are often a sign that the company's board believes its shares are undervalued.

About AAON

AAON, Inc, together with its subsidiaries, engages in engineering, manufacturing, marketing, and selling air conditioning and heating equipment in the United States and Canada. The company operates through three segments: AAON Oklahoma, AAON Coil Products, and BASX. It offers rooftop units, data center cooling solutions, cleanroom systems, chillers, packaged outdoor mechanical rooms, air handling units, makeup air units, energy recovery units, condensing units, geothermal/water-source heat pumps, coils, and controls.