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

AAON, Inc. (NASDAQ:AAON) – Stock analysts at William Blair decreased their Q2 2025 earnings estimates for AAON in a report released on Thursday, September 19th. William Blair analyst R. Merkel now forecasts that the construction company will earn $0.75 per share for the quarter, down from their prior estimate 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.

Other equities research analysts also recently issued research reports about the company. DA Davidson restated a “buy” rating and issued a $102.00 target price on shares of AAON in a research report on Wednesday, June 26th. Baird R W raised shares of AAON to a “hold” rating in a research report on Wednesday, July 24th. Robert W. Baird upped their target price on shares of AAON from $100.00 to $102.00 and gave the company a “neutral” rating in a report on Friday, August 2nd. Finally, StockNews.com raised AAON from a “sell” rating to a “hold” rating in a report on Friday, September 20th. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $102.00.

AAON Trading Down 0.4 %

Shares of AAON stock opened at $107.39 on Monday. AAON has a twelve month low of $52.24 and a twelve month high of $109.07. The stock has a market cap of $8.83 billion, a price-to-earnings ratio of 49.95 and a beta of 0.80. The company’s 50-day moving average price is $91.02 and its 200-day moving average price is $85.65. The company has a current ratio of 2.99, a quick ratio of 1.70 and a debt-to-equity ratio of 0.12.

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 the consensus estimate 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 net margin of 15.60% and a return on equity of 26.02%. The company’s revenue for the quarter was up 10.4% on a year-over-year basis. During the same period last year, the firm posted $0.55 earnings per share.

Hedge Funds Weigh In On AAON

A number of institutional investors have recently added to or reduced their stakes in the company. Ascent Wealth Partners LLC lifted its holdings in AAON by 1.1% during the 2nd quarter. Ascent Wealth Partners LLC now owns 16,692 shares of the construction company’s stock worth $1,456,000 after buying an additional 178 shares during the last quarter. GAMMA Investing LLC lifted its holdings in shares of AAON by 35.6% in the 1st quarter. GAMMA Investing LLC now owns 690 shares of the construction company’s stock worth $61,000 after purchasing an additional 181 shares during the last quarter. Signaturefd LLC boosted its position in AAON by 63.5% during the 2nd quarter. Signaturefd LLC now owns 613 shares of the construction company’s stock valued at $53,000 after purchasing an additional 238 shares during the period. ORG Partners LLC acquired a new stake in AAON in the second quarter worth $29,000. Finally, TFO Wealth Partners LLC bought a new stake in AAON in the fourth quarter valued at $27,000. Institutional investors and hedge funds own 70.81% of the company’s stock.

Insiders Place Their Bets

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

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. The ex-dividend date of this dividend is Friday, September 6th. This represents a $0.32 dividend on an annualized basis and a yield of 0.30%. AAON’s payout ratio is currently 14.88%.

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.