William Blair Comments on AAON's Q4 Earnings (NASDAQ:AAON)

AAON, Inc. (NASDAQ:AAON - Free Report) - Analysts at William Blair reduced their Q4 2025 earnings per share (EPS) estimates for AAON in a research report issued to clients and investors on Wednesday, April 2nd. William Blair analyst R. Merkel now forecasts that the construction company will post earnings of $0.69 per share for the quarter, down from their previous forecast of $0.70. The consensus estimate for AAON's current full-year earnings is $2.26 per share. William Blair also issued estimates for AAON's Q3 2026 earnings at $0.91 EPS, FY2026 earnings at $3.14 EPS and FY2027 earnings at $4.03 EPS.

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

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AAON Stock Up 10.8 %

Shares of AAON stock traded up $7.91 during mid-day trading on Friday, hitting $80.91. 339,980 shares of the stock traded hands, compared to its average volume of 714,805. The stock's fifty day moving average is $91.96 and its two-hundred day moving average is $111.56. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.06 and a quick ratio of 1.79. AAON has a 52-week low of $68.98 and a 52-week high of $144.07. The stock has a market cap of $6.60 billion, a P/E ratio of 35.79 and a beta of 0.96.

AAON Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Tuesday, March 18th were paid a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.49%. This is a boost from AAON's previous quarterly dividend of $0.08. The ex-dividend date was Tuesday, March 18th. AAON's dividend payout ratio (DPR) is presently 19.90%.

AAON declared that its Board of Directors has approved a share repurchase plan on Tuesday, March 4th that permits the company to buyback $30.00 million in shares. This buyback authorization permits the construction company to buy up to 0.5% of its shares through open market purchases. Shares buyback plans are usually a sign that the company's board of directors believes its shares are undervalued.

Insider Activity at AAON

In related news, Director David Raymond Stewart acquired 1,000 shares of AAON stock in a transaction on Wednesday, March 5th. The stock was acquired at an average price of $80.86 per share, for a total transaction of $80,860.00. Following the purchase, the director now owns 3,000 shares of the company's stock, valued at approximately $242,580. This represents a 50.00 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 18.55% of the stock is owned by insiders.

Institutional Investors Weigh In On AAON

Hedge funds have recently modified their holdings of the company. NBC Securities Inc. increased its position in shares of AAON by 183,600.0% in the first quarter. NBC Securities Inc. now owns 5,511 shares of the construction company's stock valued at $430,000 after buying an additional 5,508 shares in the last quarter. Parallel Advisors LLC increased its stake in shares of AAON by 26.3% during the first quarter. Parallel Advisors LLC now owns 716 shares of the construction company's stock worth $56,000 after purchasing an additional 149 shares in the last quarter. GAMMA Investing LLC increased its stake in shares of AAON by 7,187.7% during the first quarter. GAMMA Investing LLC now owns 119,226 shares of the construction company's stock worth $9,315,000 after purchasing an additional 117,590 shares in the last quarter. Versant Capital Management Inc raised its position in shares of AAON by 652.3% during the 1st quarter. Versant Capital Management Inc now owns 331 shares of the construction company's stock worth $26,000 after purchasing an additional 287 shares during the last quarter. Finally, Wellington Management Group LLP purchased a new position in AAON in the 4th quarter valued at about $8,310,000. 70.81% of the stock is owned by hedge funds and other institutional investors.

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.