AAON, Inc. (NASDAQ:AAON – Get Rating) Vice Chairman Gordon Douglas Wichman sold 3,398 shares in a trade that took place on Wednesday, May 25. The shares were sold at an average price of $52.15, for a total value of $177,205.70. Following the sale, the vice president now owns 4,208 shares of the company, valued at approximately $219,447.20. The sale was disclosed in a filing with the SEC, accessible via the SEC’s website.

Shares of NASDAQ:AAON traded at $0.07 in Friday’s midday session, hitting $52.81. The company had a trading volume of 3,817 shares, compared to an average volume of 252,786. AAON, Inc. has a 12-month low of $47.50 and a 12-month high of $83.79. The company has a current ratio of 2.48, a quick ratio of 1.20 and a debt ratio of 0.14. The stock has a market capitalization of $2.80 billion, a price-earnings ratio of 47.51 and a beta of 0.73. The company has a fifty-day simple moving average of $52.66 and a 200-day simple moving average of $63.36.

AAON (NASDAQ:AAON – Get Rating) last released its quarterly results on Thursday, May 5. The construction company reported earnings per share (EPS) of $0.33 for the quarter, beating the consensus estimate of $0.31 by $0.02. AAON had a return on equity of 14.74% and a net margin of 10.05%. The company posted revenue of $182.77 million for the quarter, versus analyst estimates of $158.47 million. During the same period last year, the company achieved EPS of $0.30. The company’s revenue increased 57.8% year over year. Equity analysts expect AAON, Inc. to post EPS of 1.79 for the current fiscal year.

The company also recently announced a semi-annual dividend, which will be paid on Friday, July 1. Shareholders of record on Friday, June 3 will receive a dividend of $0.19 per share. The ex-dividend date is Thursday, June 2. This represents a return of 0.7%. AAON’s dividend payout ratio is currently 34.23%.

Several brokerages have recently weighed in on AAON. StockNews.com upgraded AAON from a “sell” rating to a “hold” rating in a Friday, May 6 research rating. TheStreet downgraded AAON from a “b” rating to a “c+” rating in a Tuesday, March 1 research report. Sidoti upgraded AAON from a “neutral” rating to a “buy” rating and set a target price of $72.00 for the company in a Tuesday, March 29 research report. Zacks Investment Research upgraded AAON from a “hold” rating to a “buy” rating and set a target price of $60.00 for the company in a Tuesday, May 10 research report. Finally, DA Davidson upgraded AAON from a “neutral” rating to a “buy” rating in a Friday, May 6 research report. One equity research analyst gave the stock a hold rating and three gave the stock a buy rating. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $67.33.

A number of hedge funds have recently bought and sold shares of AAON. Advisory Services Network LLC acquired a new stake in AAON stock in the first quarter worth approximately $456,000. BNP Paribas Arbitrage SA increased its stake in AAON shares by 8.5% in the first quarter. BNP Paribas Arbitrage SA now owns 44,238 shares of the construction company valued at $2,465,000 after purchasing an additional 3,458 shares during the period. Eaton Vance Management increased its stake in AAON shares by 81.5% in the first quarter. Eaton Vance Management now owns 767,059 shares of the construction company valued at $42,749,000 after purchasing an additional 344,398 shares during the period. Goldman Sachs Group Inc. increased its stake in AAON by 46.2% during the first quarter. Goldman Sachs Group Inc. now owns 597,584 shares of the construction company worth $33,303,000 after purchasing an additional 188,771 shares in the last quarter. Finally, Captrust Financial Advisors increased its stake in AAON by 46.3% during the first quarter. Captrust Financial Advisors now owns 3,009 shares of the construction company worth $168,000 after buying 952 additional shares in the last quarter. Hedge funds and other institutional investors own 71.28% of the company’s shares.

About AAON (Get a rating)

AAON, Inc, together with its subsidiaries, is engaged in the engineering, manufacturing, marketing and sales of 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, clean room systems, chillers, packaged outdoor mechanical rooms, air handling units, make-up air units, heat recovery units, condensing units, geothermal/water source heat pumps, coils and controls.

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