AAON, Inc. (NASDAQ:AAON) Shares Sold by Guidance Capital Inc.

Guidance Capital Inc. lessened its holdings in shares of AAON, Inc. (NASDAQ:AAON) by 5.3% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 6,021 shares of the construction company’s stock after selling 340 shares during the quarter. Guidance Capital Inc.’s holdings in AAON were worth $658,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of AAON. ORG Partners LLC acquired a new stake in AAON in the second quarter valued at approximately $29,000. Blue Trust Inc. grew its position in AAON by 202.0% in the third quarter. Blue Trust Inc. now owns 296 shares of the construction company’s stock valued at $32,000 after acquiring an additional 198 shares in the last quarter. Crewe Advisors LLC acquired a new stake in AAON in the second quarter valued at approximately $35,000. ORG Wealth Partners LLC acquired a new stake in AAON in the third quarter valued at approximately $37,000. Finally, Signaturefd LLC grew its position in AAON by 63.5% in the second quarter. Signaturefd LLC now owns 613 shares of the construction company’s stock valued at $53,000 after acquiring an additional 238 shares in the last quarter. Institutional investors and hedge funds own 70.81% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently commented on AAON. Baird R W upgraded AAON to a “hold” rating in a research note on Wednesday, July 24th. Robert W. Baird raised their price objective on AAON from $100.00 to $102.00 and gave the stock a “neutral” rating in a research note on Friday, August 2nd. Sidoti cut AAON from a “buy” rating to a “neutral” rating and raised their price objective for the stock from $102.00 to $111.00 in a research note on Tuesday. StockNews.com upgraded AAON from a “sell” rating to a “hold” rating in a research note on Friday, September 20th. Finally, DA Davidson restated a “buy” rating and set a $102.00 price objective on shares of AAON in a research note on Wednesday, June 26th. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $105.00.

Insider Activity

In other news, CEO Gary D. Fields sold 20,641 shares of the firm’s stock in a transaction on Tuesday, August 6th. The stock was sold at an average price of $86.21, for a total transaction of $1,779,460.61. Following the transaction, the chief executive officer now directly owns 64,295 shares of the company’s stock, valued at approximately $5,542,871.95. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, CEO Gary D. Fields sold 20,641 shares of the firm’s stock in a transaction on Tuesday, August 6th. The stock was sold at an average price of $86.21, for a total transaction of $1,779,460.61. Following the transaction, the chief executive officer now directly owns 64,295 shares of the company’s stock, valued at approximately $5,542,871.95. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Norman H. Asbjornson sold 11,022 shares of the firm’s stock in a transaction on Tuesday, August 6th. The shares were sold at an average price of $87.41, for a total value of $963,433.02. Following the transaction, the director now directly owns 5,135 shares in the company, valued at $448,850.35. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 18.55% of the company’s stock.

AAON Stock Performance

AAON stock traded up $1.52 during mid-day trading on Wednesday, reaching $108.65. The company had a trading volume of 21,134 shares, compared to its average volume of 611,041. 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 capitalization of $8.93 billion, a P/E ratio of 49.83 and a beta of 0.80. AAON, Inc. has a one year low of $52.24 and a one year high of $113.86. The stock’s 50-day simple moving average is $99.75 and its two-hundred day simple moving average is $88.99.

AAON (NASDAQ:AAON) last posted its 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 company had revenue of $313.57 million for the quarter, compared to analysts’ expectations of $283.77 million. AAON had a return on equity of 26.02% and a net margin of 15.60%. The firm’s quarterly revenue was up 10.4% compared to the same quarter last year. During the same period last year, the business posted $0.55 earnings per share. Research analysts anticipate that AAON, Inc. will post 2.28 EPS for the current year.

AAON Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Friday, September 6th were paid a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 0.29%. The ex-dividend date of this dividend was Friday, September 6th. AAON’s payout ratio is 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.