William Blair Has Bullish Estimate for AAON FY2025 Earnings

AAON, Inc. (NASDAQ:AAON) – Equities researchers at William Blair lifted their FY2025 earnings per share estimates for shares of AAON in a research note issued to investors on Thursday, November 6th. William Blair analyst R. Merkel now anticipates that the construction company will post earnings per share of $1.47 for the year, up from their previous estimate of $1.44. The consensus estimate for AAON’s current full-year earnings is $2.26 per share. William Blair also issued estimates for AAON’s Q4 2025 earnings at $0.51 EPS, Q1 2026 earnings at $0.44 EPS, Q2 2026 earnings at $0.51 EPS, FY2026 earnings at $2.07 EPS and FY2027 earnings at $2.97 EPS.

Several other research firms have also commented on AAON. Oppenheimer restated an “outperform” rating and issued a $115.00 price target on shares of AAON in a report on Friday. Zacks Research raised shares of AAON from a “strong sell” rating to a “hold” rating in a research report on Monday, October 13th. Wall Street Zen lowered shares of AAON from a “hold” rating to a “strong sell” rating in a report on Sunday, August 17th. DA Davidson decreased their price target on shares of AAON from $125.00 to $105.00 and set a “buy” rating for the company in a research report on Tuesday, August 12th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of AAON in a research report on Wednesday, October 8th. Five equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $104.60.

AAON Stock Performance

NASDAQ AAON opened at $103.90 on Monday. The company has a debt-to-equity ratio of 0.38, a current ratio of 3.10 and a quick ratio of 1.99. AAON has a 1-year low of $62.00 and a 1-year high of $142.20. The firm has a market capitalization of $8.47 billion, a P/E ratio of 70.68 and a beta of 1.05. The business’s 50-day simple moving average is $94.93 and its 200-day simple moving average is $88.59.

AAON (NASDAQ:AAON) last posted its quarterly earnings results on Tuesday, June 10th. The construction company reported $0.37 earnings per share (EPS) for the quarter. The firm had revenue of $322.05 million during the quarter. AAON had a return on equity of 15.45% and a net margin of 9.70%.

Hedge Funds Weigh In On AAON

Several institutional investors and hedge funds have recently made changes to their positions in the business. Cambridge Investment Research Advisors Inc. acquired a new stake in AAON in the first quarter valued at $245,000. Teacher Retirement System of Texas bought a new stake in shares of AAON in the 1st quarter worth about $789,000. Xponance Inc. raised its stake in shares of AAON by 1.7% in the 1st quarter. Xponance Inc. now owns 13,946 shares of the construction company’s stock valued at $1,090,000 after purchasing an additional 235 shares in the last quarter. New York State Common Retirement Fund lifted its position in shares of AAON by 132.8% during the first quarter. New York State Common Retirement Fund now owns 150,088 shares of the construction company’s stock worth $11,726,000 after purchasing an additional 85,605 shares during the last quarter. Finally, Louisiana State Employees Retirement System lifted its position in shares of AAON by 1.1% during the first quarter. Louisiana State Employees Retirement System now owns 18,900 shares of the construction company’s stock worth $1,477,000 after purchasing an additional 200 shares during the last quarter. 70.81% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at AAON

In other AAON news, insider Christopher Douglas Eason sold 12,003 shares of the firm’s stock in a transaction that occurred on Monday, August 25th. The stock was sold at an average price of $85.08, for a total transaction of $1,021,215.24. Following the completion of the sale, the insider owned 5,301 shares in the company, valued at $451,009.08. This trade represents a 69.37% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Rebecca Thompson sold 9,350 shares of AAON stock in a transaction that occurred on Thursday, September 4th. The stock was sold at an average price of $81.09, for a total value of $758,191.50. Following the sale, the chief financial officer owned 24,396 shares in the company, valued at $1,978,271.64. This represents a 27.71% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 18.70% of the stock is currently owned by insiders.

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.