BNP Paribas Arbitrage SA grew its position in shares of AAON, Inc. (NASDAQ:AAON) by 62.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 21,419 shares of the construction company’s stock after buying an additional 8,209 shares during the period. BNP Paribas Arbitrage SA’s holdings in AAON were worth $739,000 at the end of the most recent quarter.
A number of other hedge funds have also recently bought and sold shares of AAON. Teachers Advisors LLC increased its position in AAON by 2.9% during the 1st quarter. Teachers Advisors LLC now owns 74,738 shares of the construction company’s stock worth $2,642,000 after buying an additional 2,113 shares during the period. Aperio Group LLC grew its holdings in shares of AAON by 3.1% during the 2nd quarter. Aperio Group LLC now owns 17,940 shares of the construction company’s stock worth $661,000 after purchasing an additional 531 shares in the last quarter. Great West Life Assurance Co. Can grew its holdings in shares of AAON by 2.5% during the 2nd quarter. Great West Life Assurance Co. Can now owns 57,559 shares of the construction company’s stock worth $2,118,000 after purchasing an additional 1,390 shares in the last quarter. Texas Permanent School Fund grew its holdings in shares of AAON by 0.8% during the 2nd quarter. Texas Permanent School Fund now owns 28,803 shares of the construction company’s stock worth $1,061,000 after purchasing an additional 218 shares in the last quarter. Finally, TD Asset Management Inc. grew its holdings in shares of AAON by 12.9% during the 2nd quarter. TD Asset Management Inc. now owns 21,900 shares of the construction company’s stock worth $807,000 after purchasing an additional 2,500 shares in the last quarter. Hedge funds and other institutional investors own 68.14% of the company’s stock.
In other news, Director Jack E. Short sold 5,062 shares of AAON stock in a transaction dated Thursday, September 7th. The stock was sold at an average price of $31.91, for a total transaction of $161,528.42. Following the sale, the director now directly owns 54,336 shares of the company’s stock, valued at $1,733,861.76. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 22.25% of the company’s stock.
Several analysts have recently issued reports on the company. Zacks Investment Research raised AAON from a “sell” rating to a “hold” rating in a report on Friday, August 25th. BidaskClub lowered AAON from a “sell” rating to a “strong sell” rating in a research note on Friday, August 18th.
Shares of AAON, Inc. (NASDAQ:AAON) opened at $37.45 on Tuesday. The firm has a market capitalization of $1,907.23, a PE ratio of 38.67, a P/E/G ratio of 2.50 and a beta of 1.01. AAON, Inc. has a 12 month low of $29.95 and a 12 month high of $38.20.
AAON (NASDAQ:AAON) last released its quarterly earnings data on Thursday, November 2nd. The construction company reported $0.28 earnings per share for the quarter, missing the consensus estimate of $0.29 by ($0.01). The business had revenue of $113.67 million during the quarter, compared to analyst estimates of $111.76 million. AAON had a net margin of 12.77% and a return on equity of 23.17%. The business’s quarterly revenue was up 8.7% compared to the same quarter last year. During the same period last year, the business earned $0.29 earnings per share. equities research analysts predict that AAON, Inc. will post 0.97 EPS for the current fiscal year.
The firm also recently disclosed a semiannual dividend, which will be paid on Thursday, December 21st. Investors of record on Thursday, November 30th will be paid a $0.13 dividend. This represents a yield of 0.76%. The ex-dividend date of this dividend is Wednesday, November 29th. AAON’s dividend payout ratio (DPR) is presently 27.66%.
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AAON, Inc is engaged in the engineering, manufacturing, marketing and sale of air conditioning and heating equipment consisting of standard, semi-custom and custom rooftop units, chillers, packaged outdoor mechanical rooms, air handling units, makeup air units, energy recovery units, condensing units, geothermal/water-source heat pumps and coils.
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