AAON, Inc. (NASDAQ:AAON) Shares Purchased by Peterson Wealth Services

Peterson Wealth Services increased its position in shares of AAON, Inc. (NASDAQ:AAON) by 3.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 11,109 shares of the construction company’s stock after acquiring an additional 377 shares during the quarter. Peterson Wealth Services’ holdings in AAON were worth $1,307,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Mather Group LLC. boosted its holdings in shares of AAON by 521.6% in the 4th quarter. Mather Group LLC. now owns 230 shares of the construction company’s stock valued at $27,000 after purchasing an additional 193 shares during the last quarter. Blue Trust Inc. boosted its holdings in shares of AAON by 202.0% in the 3rd quarter. Blue Trust Inc. now owns 296 shares of the construction company’s stock valued at $32,000 after purchasing an additional 198 shares during the last quarter. UMB Bank n.a. boosted its holdings in shares of AAON by 67.5% in the 4th quarter. UMB Bank n.a. now owns 325 shares of the construction company’s stock valued at $38,000 after purchasing an additional 131 shares during the last quarter. Westside Investment Management Inc. acquired a new position in shares of AAON in the 3rd quarter valued at $36,000. Finally, ORG Wealth Partners LLC acquired a new position in shares of AAON in the 3rd quarter valued at $37,000. Institutional investors and hedge funds own 70.81% of the company’s stock.

Insider Buying and Selling

In related news, VP Stephen E. Wakefield sold 5,750 shares of AAON 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 owns 9,920 shares of the company’s stock, valued at $1,387,411.20. The trade was a 36.69 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Gary D. Fields sold 35,000 shares of AAON stock in a transaction on Friday, November 15th. The stock was sold at an average price of $132.03, for a total transaction of $4,621,050.00. Following the sale, the chief executive officer now directly owns 64,295 shares in the company, valued at $8,488,868.85. This trade represents a 35.25 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 52,533 shares of company stock valued at $7,009,647 in the last quarter. Company insiders own 18.55% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the stock. DA Davidson lifted their price target on shares of AAON from $102.00 to $150.00 and gave the company a “buy” rating in a report on Friday, November 8th. Sidoti lowered shares of AAON from a “buy” rating to a “neutral” rating and lifted their price target for the company from $102.00 to $111.00 in a report on Tuesday, October 22nd. Robert W. Baird lifted 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. Finally, Baird R W upgraded shares of AAON from a “hold” rating to a “strong-buy” rating in a report on Monday, October 28th. Two equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $133.00.

AAON Stock Performance

NASDAQ:AAON opened at $113.27 on Tuesday. The company has a current ratio of 3.06, a quick ratio of 1.79 and a debt-to-equity ratio of 0.07. The firm has a market capitalization of $9.21 billion, a price-to-earnings ratio of 49.90 and a beta of 0.87. The firm’s fifty day simple moving average is $124.01 and its 200 day simple moving average is $112.63. AAON, Inc. has a twelve month low of $70.28 and a twelve month high of $144.07.

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.