What is William Blair’s Estimate for AAON FY2026 Earnings?

AAON, Inc. (NASDAQ:AAON) – Research analysts at William Blair cut their FY2026 earnings estimates for AAON in a research report issued to clients and investors on Wednesday, June 4th. William Blair analyst R. Merkel now anticipates that the construction company will earn $3.20 per share for the year, down from their previous estimate of $3.23. The consensus estimate for AAON’s current full-year earnings is $2.26 per share.

AAON (NASDAQ:AAON) last released its quarterly earnings results on Wednesday, April 30th. The construction company reported $0.37 EPS for the quarter, topping the consensus estimate of $0.24 by $0.13. The business had revenue of $322.05 million during the quarter, compared to analyst estimates of $289.16 million. AAON had a net margin of 15.78% and a return on equity of 24.98%. The company’s quarterly revenue was up 22.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.46 earnings per share.

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

AAON Stock Down 16.4%

AAON stock opened at $78.56 on Monday. The company has a 50-day simple moving average of $91.62 and a 200-day simple moving average of $104.09. The firm has a market capitalization of $6.39 billion, a P/E ratio of 34.61 and a beta of 1.03. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.79 and a current ratio of 3.06. AAON has a one year low of $68.98 and a one year high of $144.07.

Hedge Funds Weigh In On AAON

Several large investors have recently made changes to their positions in the business. Inspire Investing LLC boosted its position in shares of AAON by 50.5% during the 1st quarter. Inspire Investing LLC now owns 8,390 shares of the construction company’s stock valued at $656,000 after purchasing an additional 2,817 shares in the last quarter. Belpointe Asset Management LLC lifted its stake in AAON by 9.0% during the first quarter. Belpointe Asset Management LLC now owns 5,790 shares of the construction company’s stock valued at $452,000 after buying an additional 480 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in AAON by 5.7% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 233,002 shares of the construction company’s stock valued at $18,204,000 after buying an additional 12,489 shares in the last quarter. Ascent Group LLC purchased a new stake in AAON during the first quarter valued at about $3,799,000. Finally, United Services Automobile Association purchased a new stake in AAON during the first quarter valued at about $348,000. Institutional investors own 70.81% of the company’s stock.

Insider Activity

In other news, CEO Gary D. Fields sold 8,357 shares of the firm’s stock in a transaction dated Thursday, May 8th. The shares were sold at an average price of $98.66, for a total transaction of $824,501.62. Following the completion of the transaction, the chief executive officer now owns 26,491 shares in the company, valued at approximately $2,613,602.06. This trade represents a 23.98% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Gordon Douglas Wichman sold 21,302 shares of the firm’s stock in a transaction dated Tuesday, May 20th. The shares were sold at an average price of $104.48, for a total transaction of $2,225,632.96. Following the transaction, the director now owns 8,754 shares of the company’s stock, valued at approximately $914,617.92. This trade represents a 70.87% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 70,823 shares of company stock worth $7,122,451. Corporate insiders own 18.70% of the company’s stock.

AAON announced that its board has approved a share repurchase plan on Tuesday, March 4th that permits the company to buyback $30.00 million in shares. This buyback authorization permits the construction company to purchase up to 0.5% of its shares through open market purchases. Shares buyback plans are typically a sign that the company’s management believes its shares are undervalued.

AAON Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, June 27th. Investors of record on Friday, June 6th will be given a $0.10 dividend. The ex-dividend date is Friday, June 6th. This represents a $0.40 dividend on an annualized basis and a yield of 0.51%. AAON’s dividend payout ratio is presently 21.05%.

About AAON

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.