AAON, Inc. Announces Semi-Annual Dividend of $0.16 (NASDAQ:AAON)

AAON, Inc. (NASDAQ:AAON) announced a Semi-Annual dividend on Wednesday, November 6th, Zacks reports. Stockholders of record on Wednesday, November 27th will be paid a dividend of 0.16 per share by the construction company on Wednesday, December 18th. The ex-dividend date of this dividend is Tuesday, November 26th.

Shares of NASDAQ:AAON opened at $49.53 on Friday. AAON has a twelve month low of $32.33 and a twelve month high of $53.27. The firm has a market cap of $2.59 billion, a PE ratio of 61.15 and a beta of 0.95. The business has a fifty day moving average of $47.32 and a 200-day moving average of $48.05.

AAON (NASDAQ:AAON) last announced its earnings results on Thursday, October 31st. The construction company reported $0.26 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.28 by ($0.02). AAON had a net margin of 10.94% and a return on equity of 19.11%. The business had revenue of $113.50 million during the quarter, compared to analyst estimates of $126.84 million. During the same quarter last year, the business posted $0.27 earnings per share. The business’s quarterly revenue was up .5% compared to the same quarter last year. On average, analysts predict that AAON will post 0.99 EPS for the current fiscal year.

In related news, CFO Scott M. Asbjornson sold 21,000 shares of AAON stock in a transaction dated Friday, September 13th. The stock was sold at an average price of $49.90, for a total value of $1,047,900.00. Following the completion of the sale, the chief financial officer now directly owns 869,267 shares in the company, valued at $43,376,423.30. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, VP Rony D. Gadiwalla sold 4,000 shares of AAON stock in a transaction dated Thursday, September 12th. The stock was sold at an average price of $50.38, for a total value of $201,520.00. Following the completion of the sale, the vice president now owns 31,934 shares of the company’s stock, valued at $1,608,834.92. The disclosure for this sale can be found here. Company insiders own 22.24% of the company’s stock.

A number of analysts have recently weighed in on the company. ValuEngine upgraded AAON from a “hold” rating to a “buy” rating in a research note on Wednesday. BidaskClub upgraded AAON from a “hold” rating to a “buy” rating in a research note on Saturday, October 19th. Finally, Zacks Investment Research lowered AAON from a “hold” rating to a “sell” rating in a research note on Monday. Two analysts have rated the stock with a sell rating and two have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $40.50.

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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Dividend History for AAON (NASDAQ:AAON)

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