Global Retirement Partners LLC Has $699,000 Position in AAON, Inc. (NASDAQ:AAON)

Global Retirement Partners LLC lessened its stake in shares of AAON, Inc. (NASDAQ:AAON) by 2.7% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 5,942 shares of the construction company’s stock after selling 168 shares during the period. Global Retirement Partners LLC’s holdings in AAON were worth $699,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Mather Group LLC. raised its holdings in AAON by 521.6% during the fourth quarter. Mather Group LLC. now owns 230 shares of the construction company’s stock worth $27,000 after buying an additional 193 shares during the last quarter. Blue Trust Inc. raised its holdings in AAON by 202.0% during the third quarter. Blue Trust Inc. now owns 296 shares of the construction company’s stock worth $32,000 after buying an additional 198 shares during the last quarter. Westside Investment Management Inc. acquired a new position in AAON during the third quarter worth $36,000. UMB Bank n.a. raised its holdings in AAON by 67.5% during the fourth quarter. UMB Bank n.a. now owns 325 shares of the construction company’s stock worth $38,000 after buying an additional 131 shares during the last quarter. Finally, Empowered Funds LLC acquired a new position in AAON during the fourth quarter worth $42,000. Institutional investors and hedge funds own 70.81% of the company’s stock.

AAON Stock Performance

Shares of AAON stock opened at $103.63 on Friday. The firm has a 50-day moving average of $120.19 and a 200-day moving average of $114.01. The company has a market cap of $8.42 billion, a P/E ratio of 45.65 and a beta of 0.87. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.06 and a quick ratio of 1.79. AAON, Inc. has a one year low of $70.28 and a one year high of $144.07.

Insider Activity

In other AAON news, CFO Rebecca Thompson sold 5,000 shares of the business’s stock in a transaction on Thursday, December 5th. The shares were sold at an average price of $138.00, for a total transaction of $690,000.00. Following the sale, the chief financial officer now owns 17,297 shares of the company’s stock, valued at $2,386,986. The trade was a 22.42 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, VP Stephen E. Wakefield sold 5,750 shares of the business’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $139.86, for a total transaction of $804,195.00. Following the sale, the vice president now directly owns 9,920 shares in the company, valued at $1,387,411.20. The trade was a 36.69 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 16,112 shares of company stock worth $2,196,563 over the last quarter. Insiders own 18.55% of the company’s stock.

Analyst Ratings Changes

Several research analysts have weighed in on the stock. Baird R W upgraded shares of AAON from a “hold” rating to a “strong-buy” rating in a report on Monday, October 28th. DA Davidson increased their target price on shares of AAON from $102.00 to $150.00 and gave the company a “buy” rating in a report on Friday, November 8th. Finally, Robert W. Baird increased their target price on shares of AAON from $130.00 to $138.00 and gave the company an “outperform” rating in a report on Friday, November 8th. Two analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $133.00.

AAON 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.