William Blair Has Positive Estimate for AAON Q1 Earnings

AAON, Inc. (NASDAQ:AAON - Free Report) - Stock analysts at William Blair upped their Q1 2025 EPS estimates for AAON in a research report issued to clients and investors on Wednesday, April 9th. William Blair analyst R. Merkel now anticipates that the construction company will earn $0.26 per share for the quarter, up from their previous forecast of $0.24. The consensus estimate for AAON's current full-year earnings is $2.26 per share. William Blair also issued estimates for AAON's Q4 2025 earnings at $0.66 EPS, Q1 2026 earnings at $0.64 EPS, Q2 2026 earnings at $0.86 EPS, Q3 2026 earnings at $0.92 EPS and Q4 2026 earnings at $0.77 EPS.

A number of other equities analysts have also recently weighed in on the stock. CJS Securities raised shares of AAON from a "market perform" rating to an "outperform" rating and set a $110.00 price target on the stock 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 report on Friday, February 28th. StockNews.com cut AAON from a "hold" rating to a "sell" rating in a report on Friday, February 28th. Finally, DA Davidson reduced their price objective on AAON from $150.00 to $125.00 and set a "buy" rating for the company in a report on Friday, February 28th. One analyst has rated the stock with a sell rating, one has given a hold rating, four have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, AAON presently has a consensus rating of "Moderate Buy" and a consensus target price of $115.50.

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AAON Stock Performance

NASDAQ AAON traded down $1.64 on Thursday, hitting $82.37. 245,822 shares of the company's stock were exchanged, compared to its average volume of 720,229. The firm has a market cap of $6.72 billion, a price-to-earnings ratio of 36.29 and a beta of 0.96. The firm's 50-day moving average price is $88.74 and its two-hundred day moving average price is $110.70. AAON has a fifty-two week low of $68.98 and a fifty-two week high of $144.07. 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 declared that its board has authorized a stock repurchase program on Tuesday, March 4th that allows the company to buyback $30.00 million in shares. This buyback authorization allows the construction company to reacquire 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.

AAON Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Tuesday, March 18th were issued a dividend of $0.10 per share. This is an increase from AAON's previous quarterly dividend of $0.08. The ex-dividend date was Tuesday, March 18th. This represents a $0.40 annualized dividend and a dividend yield of 0.49%. AAON's payout ratio is 19.90%.

Insider Transactions at AAON

In related news, Director David Raymond Stewart purchased 1,000 shares of the company's stock in a transaction dated Wednesday, March 5th. The shares were acquired at an average cost of $80.86 per share, with a total value of $80,860.00. Following the completion of the purchase, the director now owns 3,000 shares of the company's stock, valued at $242,580. The trade was a 50.00 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 18.55% of the company's stock.

Institutional Trading of AAON

Large investors have recently made changes to their positions in the stock. CHICAGO TRUST Co NA acquired a new stake in AAON in the 1st quarter worth approximately $333,000. UMB Bank n.a. lifted its stake in shares of AAON by 81.2% in the first quarter. UMB Bank n.a. now owns 589 shares of the construction company's stock worth $46,000 after buying an additional 264 shares during the last quarter. Chatham Capital Group Inc. boosted its holdings in shares of AAON by 3.3% during the 1st quarter. Chatham Capital Group Inc. now owns 62,262 shares of the construction company's stock worth $4,865,000 after buying an additional 2,010 shares during the period. NBC Securities Inc. grew its stake in AAON by 183,600.0% in the 1st 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 during the last quarter. Finally, Parallel Advisors LLC raised its holdings in AAON by 26.3% in the 1st quarter. Parallel Advisors LLC now owns 716 shares of the construction company's stock worth $56,000 after acquiring an additional 149 shares during the period. Institutional investors own 70.81% of the company's stock.

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.