Janus Henderson Group PLC Increases Stake in AAON, Inc. (AAON)
Janus Henderson Group PLC grew its holdings in AAON, Inc. (NASDAQ:AAON) by 28.0% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 825,797 shares of the construction company’s stock after buying an additional 180,696 shares during the period. Janus Henderson Group PLC owned 1.58% of AAON worth $27,458,000 at the end of the most recent reporting period.
Other large investors have also made changes to their positions in the company. Mariner LLC purchased a new stake in shares of AAON in the first quarter valued at about $202,000. M&T Bank Corp acquired a new position in shares of AAON during the first quarter worth about $204,000. OMERS ADMINISTRATION Corp acquired a new position in shares of AAON during the first quarter worth about $265,000. Profund Advisors LLC increased its stake in shares of AAON by 33.3% during the first quarter. Profund Advisors LLC now owns 7,792 shares of the construction company’s stock worth $304,000 after acquiring an additional 1,945 shares during the period. Finally, Silvant Capital Management LLC acquired a new position in shares of AAON during the first quarter worth about $306,000. 71.89% of the stock is owned by institutional investors and hedge funds.
Shares of AAON stock opened at $39.60 on Wednesday. AAON, Inc. has a 52-week low of $29.05 and a 52-week high of $43.30. The stock has a market cap of $2.06 billion, a PE ratio of 41.68, a PEG ratio of 3.02 and a beta of 0.92.
In other AAON news, VP Scott M. Asbjornson sold 3,912 shares of the company’s stock in a transaction dated Thursday, June 14th. The shares were sold at an average price of $33.13, for a total transaction of $129,604.56. Following the transaction, the vice president now directly owns 858,407 shares in the company, valued at $28,439,023.91. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Rebecca Thompson sold 5,533 shares of the company’s stock in a transaction dated Tuesday, August 21st. The stock was sold at an average price of $42.69, for a total transaction of $236,203.77. Following the transaction, the chief accounting officer now owns 12,196 shares in the company, valued at $520,647.24. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 16,896 shares of company stock worth $664,401. Company insiders own 22.20% of the company’s stock.
A number of research analysts have recently issued reports on the stock. BidaskClub lowered shares of AAON from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, July 31st. Zacks Investment Research upgraded shares of AAON from a “strong sell” rating to a “hold” rating in a research note on Wednesday, July 4th. Finally, ValuEngine upgraded shares of AAON from a “hold” rating to a “buy” rating in a research note on Thursday, August 2nd.
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. It offers rooftop units, chillers, packaged outdoor mechanical rooms, air handling units, makeup air units, energy recovery units, condensing units, geothermal/water-source heat pumps, self-contained units, and coils.
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