AAON, Inc. (AAON) Holdings Boosted by Neuberger Berman Group LLC
Neuberger Berman Group LLC raised its position in AAON, Inc. (NASDAQ:AAON) by 1.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,634,697 shares of the construction company’s stock after purchasing an additional 46,644 shares during the quarter. Neuberger Berman Group LLC owned about 6.93% of AAON worth $125,306,000 as of its most recent SEC filing.
A number of other large investors have also recently bought and sold shares of AAON. Capital Analysts LLC acquired a new position in AAON in the 2nd quarter valued at about $121,000. Victory Capital Management Inc. boosted its holdings in AAON by 17.6% in the 2nd quarter. Victory Capital Management Inc. now owns 4,869 shares of the construction company’s stock valued at $179,000 after purchasing an additional 729 shares during the last quarter. Pinebridge Investments L.P. boosted its holdings in AAON by 0.9% in the 2nd quarter. Pinebridge Investments L.P. now owns 5,198 shares of the construction company’s stock valued at $192,000 after purchasing an additional 48 shares during the last quarter. Amalgamated Bank acquired a new position in AAON in the 2nd quarter valued at about $211,000. Finally, SG Americas Securities LLC acquired a new position in AAON in the 2nd quarter valued at about $220,000. Institutional investors own 68.28% of the company’s stock.
AAON has been the topic of several recent analyst reports. BidaskClub lowered shares of AAON from a “sell” rating to a “strong sell” rating in a report on Friday, August 18th. Zacks Investment Research upgraded shares of AAON from a “sell” rating to a “hold” rating in a report on Wednesday, October 4th.
AAON, Inc. (NASDAQ:AAON) opened at $34.55 on Friday. The firm has a market cap of $1,810.00, a PE ratio of 37.07, a price-to-earnings-growth ratio of 2.40 and a beta of 1.01. AAON, Inc. has a fifty-two week low of $29.95 and a fifty-two week high of $38.20.
AAON (NASDAQ:AAON) last released its quarterly earnings results on Thursday, November 2nd. The construction company reported $0.28 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.01). The company had revenue of $113.67 million during the quarter, compared to analysts’ expectations of $111.76 million. AAON had a net margin of 12.77% and a return on equity of 23.17%. AAON’s revenue was up 8.7% on a year-over-year basis. During the same period last year, the firm posted $0.29 earnings per share. research analysts expect that AAON, Inc. will post 0.97 EPS for the current year.
The business also recently declared a semiannual dividend, which will be paid on Thursday, December 21st. Stockholders of record on Thursday, November 30th will be paid a $0.13 dividend. This represents a dividend yield of 0.76%. The ex-dividend date is Wednesday, November 29th. AAON’s dividend payout ratio (DPR) is 27.66%.
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AAON Company Profile
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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