AAON, Inc. (NASDAQ:AAON) to Post Q1 2025 Earnings of $0.52 Per Share, William Blair Forecasts

AAON, Inc. (NASDAQ:AAON) – Research analysts at William Blair lowered their Q1 2025 earnings per share estimates for shares of AAON in a research note issued to investors on Thursday, September 19th. William Blair analyst R. Merkel now anticipates that the construction company will earn $0.52 per share for the quarter, down from their previous estimate 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.

A number of other research firms also recently weighed in on AAON. Robert W. Baird raised their price target on AAON from $100.00 to $102.00 and gave the stock a “neutral” rating in a research note on Friday, August 2nd. Baird R W raised AAON to a “hold” rating in a research note on Wednesday, July 24th. DA Davidson reissued a “buy” rating and set a $102.00 price objective on shares of AAON in a report on Wednesday, June 26th. Finally, StockNews.com raised AAON from a “sell” rating to a “hold” rating in a report on Friday. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $102.00.

AAON Stock Up 1.6 %

AAON opened at $104.05 on Friday. AAON has a fifty-two week low of $52.24 and a fifty-two week high of $104.73. The business has a 50-day moving average of $90.43 and a 200-day moving average of $85.22. The company has a debt-to-equity ratio of 0.12, a current ratio of 2.99 and a quick ratio of 1.70. The company has a market capitalization of $8.55 billion, a PE ratio of 48.40 and a beta of 0.80.

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

AAON Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 27th. Stockholders of record on Friday, September 6th will be issued a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.31%. The ex-dividend date of this dividend is Friday, September 6th. AAON’s dividend payout ratio is 14.88%.

Insider Activity

In other AAON news, CEO Gary D. Fields sold 20,641 shares of the firm’s stock in a transaction that occurred on Tuesday, August 6th. The stock was sold at an average price of $86.21, for a total value of $1,779,460.61. Following the sale, the chief executive officer now owns 64,295 shares of the company’s stock, valued at approximately $5,542,871.95. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. In other AAON news, Director Norman H. Asbjornson sold 11,022 shares of the firm’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 sale, the director now owns 5,135 shares of the company’s stock, valued at approximately $448,850.35. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Gary D. Fields sold 20,641 shares of AAON stock in a transaction that occurred on Tuesday, August 6th. The stock was sold at an average price of $86.21, for a total value of $1,779,460.61. Following the sale, the chief executive officer now directly owns 64,295 shares in the company, valued at approximately $5,542,871.95. The disclosure for this sale can be found here. In the last quarter, insiders have sold 61,609 shares of company stock valued at $5,441,927. Insiders own 18.55% of the company’s stock.

Institutional Trading of AAON

Several institutional investors have recently modified their holdings of the company. Vanguard Group Inc. grew its holdings in shares of AAON by 0.9% during the 1st quarter. Vanguard Group Inc. now owns 7,278,855 shares of the construction company’s stock worth $641,267,000 after purchasing an additional 61,544 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of AAON by 1.6% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,568,746 shares of the construction company’s stock worth $136,857,000 after purchasing an additional 24,095 shares in the last quarter. Vaughan Nelson Investment Management L.P. grew its holdings in shares of AAON by 106.3% during the 2nd quarter. Vaughan Nelson Investment Management L.P. now owns 1,089,070 shares of the construction company’s stock worth $95,010,000 after purchasing an additional 561,195 shares in the last quarter. Wasatch Advisors LP grew its holdings in shares of AAON by 5.0% during the 4th quarter. Wasatch Advisors LP now owns 1,024,860 shares of the construction company’s stock worth $75,706,000 after purchasing an additional 49,007 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its holdings in shares of AAON by 19.7% during the 2nd quarter. Bank of New York Mellon Corp now owns 958,225 shares of the construction company’s stock worth $83,596,000 after purchasing an additional 157,699 shares in the last quarter. Institutional investors and hedge funds own 70.81% of the company’s stock.

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.