AAON, Inc. Expected to Post Q2 2025 Earnings of $0.75 Per Share (NASDAQ:AAON)

AAON, Inc. (NASDAQ:AAON) – Analysts at William Blair dropped their Q2 2025 earnings estimates for AAON in a report released on Thursday, September 19th. William Blair analyst R. Merkel now anticipates that the construction company will post earnings of $0.75 per share for the quarter, down from their previous forecast of $0.78. The consensus estimate for AAON’s current full-year earnings is $2.29 per share. William Blair also issued estimates for AAON’s FY2025 earnings at $2.83 EPS.

AAON has been the topic of several other research reports. Robert W. Baird boosted their price objective on shares of AAON from $100.00 to $102.00 and gave the stock a “neutral” rating in a research note on Friday, August 2nd. StockNews.com upgraded shares of AAON from a “sell” rating to a “hold” rating in a report on Friday. Baird R W upgraded AAON to a “hold” rating in a research note on Wednesday, July 24th. Finally, DA Davidson reaffirmed a “buy” rating and set a $102.00 price objective on shares of AAON in a research report on Wednesday, June 26th. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $102.00.

AAON Price Performance

Shares of AAON stock opened at $104.05 on Monday. The company has a quick ratio of 1.70, a current ratio of 2.99 and a debt-to-equity ratio of 0.12. The stock has a market cap of $8.55 billion, a price-to-earnings ratio of 48.40 and a beta of 0.80. The business’s fifty day moving average is $90.43 and its 200 day moving average is $85.28. AAON has a twelve month low of $52.24 and a twelve month high of $104.73.

AAON (NASDAQ:AAON) last posted its 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. 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 business’s revenue for the quarter was up 10.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.55 EPS.

Institutional Investors Weigh In On AAON

A number of hedge funds have recently modified their holdings of AAON. Janney Montgomery Scott LLC lifted its position in AAON by 121.6% during the fourth quarter. Janney Montgomery Scott LLC now owns 8,645 shares of the construction company’s stock valued at $639,000 after purchasing an additional 4,743 shares in the last quarter. Norges Bank bought a new position in shares of AAON in the fourth quarter worth about $43,832,000. Advisory Services Network LLC purchased a new position in shares of AAON during the 4th quarter valued at about $234,000. TD Asset Management Inc bought a new position in shares of AAON during the 4th quarter valued at approximately $1,748,000. Finally, TFO Wealth Partners LLC purchased a new stake in AAON in the 4th quarter worth approximately $27,000. Institutional investors own 70.81% of the company’s stock.

Insider Activity

In other news, CEO Gary D. Fields sold 20,641 shares of the business’s stock in a transaction that occurred on Tuesday, August 6th. The shares were sold at an average price of $86.21, for a total transaction of $1,779,460.61. Following the completion of the transaction, the chief executive officer now directly owns 64,295 shares of the company’s stock, valued at $5,542,871.95. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other AAON news, CEO Gary D. Fields sold 20,641 shares of the stock in a transaction dated 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 transaction, the chief executive officer now owns 64,295 shares of the company’s stock, valued at $5,542,871.95. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, VP Stephen E. Wakefield sold 29,946 shares of the business’s stock in a transaction dated Friday, July 12th. The shares were sold at an average price of $90.13, for a total value of $2,699,032.98. Following the sale, the vice president now owns 15,670 shares of the company’s stock, valued at $1,412,337.10. The disclosure for this sale can be found here. Insiders have sold a total of 61,609 shares of company stock valued at $5,441,927 in the last 90 days. 18.55% of the stock is currently owned by insiders.

AAON Announces Dividend

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

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.