Equities Analysts Offer Predictions for AAON Q3 Earnings

AAON, Inc. (NASDAQ:AAON) – Stock analysts at William Blair dropped their Q3 2025 EPS estimates for AAON in a research report issued on Friday, February 28th. William Blair analyst R. Merkel now forecasts that the construction company will post earnings per share of $0.77 for the quarter, down from their previous estimate of $0.92. The consensus estimate for AAON’s current full-year earnings is $2.26 per share. William Blair also issued estimates for AAON’s Q4 2025 earnings at $0.73 EPS.

AAON has been the topic of a number of other research reports. StockNews.com lowered shares of AAON from a “hold” rating to a “sell” rating in a research note on Friday, February 28th. CJS Securities upgraded shares of AAON from a “market perform” rating to an “outperform” rating and set a $110.00 price target for the company in a report on Friday, February 28th. DA Davidson decreased their price target on shares of AAON from $150.00 to $125.00 and set a “buy” rating for the company in a research report on Friday, February 28th. Finally, Robert W. Baird dropped their price target on shares of AAON from $155.00 to $116.00 and set an “outperform” rating for the company in a research note on Friday, February 28th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, four have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, AAON currently has an average rating of “Moderate Buy” and an average price target of $115.50.

AAON Stock Up 2.4 %

Shares of AAON stock opened at $75.25 on Monday. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.79 and a current ratio of 3.06. The stock has a market cap of $6.12 billion, a price-to-earnings ratio of 33.15 and a beta of 0.87. AAON has a 52-week low of $69.52 and a 52-week high of $144.07. The firm’s 50-day moving average is $115.69 and its 200-day moving average is $114.26.

Hedge Funds Weigh In On AAON

Several institutional investors have recently added to or reduced their stakes in the business. Blue Trust Inc. grew its position in shares of AAON by 28.4% during the 4th quarter. Blue Trust Inc. now owns 380 shares of the construction company’s stock worth $41,000 after buying an additional 84 shares during the period. Captrust Financial Advisors boosted its stake in AAON by 1.0% during the third quarter. Captrust Financial Advisors now owns 8,796 shares of the construction company’s stock worth $949,000 after acquiring an additional 89 shares in the last quarter. Louisiana State Employees Retirement System grew its holdings in AAON by 0.5% in the fourth quarter. Louisiana State Employees Retirement System now owns 18,700 shares of the construction company’s stock worth $2,201,000 after purchasing an additional 100 shares during the period. HUB Investment Partners LLC increased its stake in AAON by 5.2% in the fourth quarter. HUB Investment Partners LLC now owns 2,016 shares of the construction company’s stock valued at $237,000 after purchasing an additional 100 shares in the last quarter. Finally, Smith Moore & CO. raised its holdings in shares of AAON by 3.1% during the fourth quarter. Smith Moore & CO. now owns 3,300 shares of the construction company’s stock valued at $388,000 after purchasing an additional 100 shares during the period. 70.81% of the stock is owned by institutional investors and hedge funds.

Insider Activity at AAON

In other news, VP Stephen E. Wakefield sold 5,362 shares of the business’s stock in a transaction dated Friday, December 13th. The stock was sold at an average price of $130.99, for a total value of $702,368.38. Following the transaction, the vice president now directly owns 4,558 shares of the company’s stock, valued at $597,052.42. The trade was a 54.05 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Rebecca Thompson sold 5,000 shares of the company’s stock in a transaction dated Thursday, December 5th. The shares were sold at an average price of $138.00, for a total value of $690,000.00. Following the sale, the chief financial officer now owns 17,297 shares in the company, valued at approximately $2,386,986. The trade was a 22.42 % decrease in their position. The disclosure for this sale can be found here. 18.55% of the stock is currently owned by company insiders.

AAON declared that its board has initiated a share buyback program on Tuesday, March 4th that authorizes the company to buyback $30.00 million in outstanding shares. This buyback authorization authorizes the construction company to reacquire up to 0.5% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s board of directors believes its shares are undervalued.

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.