Analysts Issue Forecasts for AAON, Inc.’s Q1 2025 Earnings (NASDAQ:AAON)

AAON, Inc. (NASDAQ:AAON) – William Blair dropped their Q1 2025 earnings per share (EPS) estimates for AAON in a research report issued to clients and investors on Thursday, September 19th. William Blair analyst R. Merkel now expects that the construction company will earn $0.52 per share for the quarter, down from their previous forecast of $0.58. The consensus estimate for AAON’s current full-year earnings is $2.29 per share. William Blair also issued estimates for AAON’s Q3 2025 earnings at $0.76 EPS, Q4 2025 earnings at $0.79 EPS and FY2026 earnings at $3.30 EPS.

AAON has been the topic of a number of other research reports. StockNews.com downgraded AAON from a “hold” rating to a “sell” rating in a report on Monday, September 2nd. Robert W. Baird increased their target price on AAON from $100.00 to $102.00 and gave the company a “neutral” rating in a report on Friday, August 2nd. Baird R W raised AAON to a “hold” rating in a report on Wednesday, July 24th. Finally, DA Davidson restated a “buy” rating and issued a $102.00 price target on shares of AAON in a research report on Wednesday, June 26th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $102.00.

AAON Stock Up 5.7 %

AAON stock opened at $102.45 on Friday. AAON has a fifty-two week low of $52.24 and a fifty-two week high of $102.75. The business’s 50-day moving average is $90.15 and its two-hundred day moving average is $85.07. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.70 and a current ratio of 2.99. The company has a market cap of $8.42 billion, a price-to-earnings ratio of 47.65 and a beta of 0.80.

AAON (NASDAQ:AAON) last announced its quarterly earnings results on Thursday, August 1st. The construction company reported $0.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.54 by $0.08. The firm had revenue of $313.57 million for the quarter, compared to the consensus estimate of $283.77 million. AAON had a return on equity of 26.02% and a net margin of 15.60%. The company’s quarterly revenue was up 10.4% on a year-over-year basis. During the same period in the prior year, the company posted $0.55 earnings per share.

AAON Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 27th. Investors of record on Friday, September 6th will be given a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 0.31%. The ex-dividend date is Friday, September 6th. AAON’s dividend payout ratio (DPR) is currently 14.88%.

Insider Activity

In other AAON news, VP Stephen E. Wakefield sold 29,946 shares of the company’s stock in a transaction on Friday, July 12th. The stock was sold at an average price of $90.13, for a total value of $2,699,032.98. Following the transaction, the vice president now owns 15,670 shares of the company’s stock, valued at approximately $1,412,337.10. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, Director Norman H. Asbjornson sold 11,022 shares of the business’s stock in a transaction that occurred on Tuesday, August 6th. The stock was sold at an average price of $87.41, for a total value of $963,433.02. Following the completion of the sale, the director now owns 5,135 shares in the company, valued at $448,850.35. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Stephen E. Wakefield sold 29,946 shares of the firm’s stock in a transaction on Friday, July 12th. The stock was sold at an average price of $90.13, for a total value of $2,699,032.98. Following the transaction, the vice president now owns 15,670 shares in the company, valued at $1,412,337.10. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 61,609 shares of company stock valued at $5,441,927. 18.55% of the stock is currently owned by insiders.

Institutional Trading of AAON

Several institutional investors and hedge funds have recently made changes to their positions in the company. Sanctuary Advisors LLC bought a new stake in shares of AAON in the second quarter valued at about $250,000. Teachers Retirement System of The State of Kentucky raised its holdings in AAON by 11.2% in the second quarter. Teachers Retirement System of The State of Kentucky now owns 22,242 shares of the construction company’s stock worth $1,941,000 after purchasing an additional 2,237 shares in the last quarter. B. Riley Wealth Advisors Inc. raised its holdings in AAON by 32.2% in the second quarter. B. Riley Wealth Advisors Inc. now owns 6,495 shares of the construction company’s stock worth $567,000 after purchasing an additional 1,582 shares in the last quarter. Creative Planning raised its holdings in AAON by 27.1% in the second quarter. Creative Planning now owns 18,421 shares of the construction company’s stock worth $1,607,000 after purchasing an additional 3,925 shares in the last quarter. Finally, Algert Global LLC bought a new position in AAON in the second quarter worth about $1,779,000. 70.81% of the stock is currently owned by institutional investors.

AAON Company Profile

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.