AAON (NASDAQ:AAON) was upgraded by investment analysts at BidaskClub from a “hold” rating to a “buy” rating in a report issued on Thursday.
A number of other brokerages also recently issued reports on AAON. ValuEngine downgraded AAON from a “buy” rating to a “hold” rating in a research report on Tuesday, October 9th. Zacks Investment Research downgraded AAON from a “buy” rating to a “hold” rating in a research report on Wednesday, October 3rd.
Shares of AAON opened at $43.26 on Thursday. AAON has a 52 week low of $29.05 and a 52 week high of $44.90. The stock has a market capitalization of $2.25 billion, a PE ratio of 45.54, a P/E/G ratio of 3.56 and a beta of 0.96.
In other AAON news, Director Jack E. Short sold 5,851 shares of the stock in a transaction that occurred on Thursday, August 16th. The stock was sold at an average price of $40.45, for a total transaction of $236,672.95. Following the transaction, the director now owns 53,547 shares in the company, valued at $2,165,976.15. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, President Gary D. Fields sold 1,600 shares of the stock in a transaction that occurred on Thursday, November 8th. The stock was sold at an average price of $44.22, for a total value of $70,752.00. Following the transaction, the president now owns 23,743 shares in the company, valued at approximately $1,049,915.46. The disclosure for this sale can be found here. Insiders have sold 22,107 shares of company stock worth $943,307 in the last quarter. 22.20% of the stock is currently owned by company insiders.
Hedge funds have recently modified their holdings of the business. Nisa Investment Advisors LLC purchased a new position in shares of AAON in the third quarter valued at approximately $113,000. Atria Investments LLC purchased a new position in shares of AAON in the second quarter valued at approximately $262,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new position in shares of AAON in the second quarter valued at approximately $284,000. OppenheimerFunds Inc. lifted its position in shares of AAON by 32.5% in the second quarter. OppenheimerFunds Inc. now owns 8,568 shares of the construction company’s stock valued at $285,000 after acquiring an additional 2,101 shares in the last quarter. Finally, SG Americas Securities LLC lifted its position in shares of AAON by 224.3% in the second quarter. SG Americas Securities LLC now owns 8,783 shares of the construction company’s stock valued at $292,000 after acquiring an additional 6,075 shares in the last quarter. Institutional investors own 72.36% of the company’s stock.
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.
Featured Story: Swap
Receive News & Ratings for AAON Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AAON and related companies with MarketBeat.com's FREE daily email newsletter.