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

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

AAON (NASDAQ:AAON) last posted its earnings results on Wednesday, April 30th. The construction company reported $0.37 EPS for the quarter, topping analysts’ consensus estimates of $0.24 by $0.13. AAON had a net margin of 15.78% and a return on equity of 24.98%. The business had revenue of $322.05 million for the quarter, compared to analysts’ expectations of $289.16 million. During the same period in the previous year, the company posted $0.46 earnings per share. The business’s revenue for the quarter was up 22.9% compared to the same quarter last year.

Other research analysts have also recently issued reports about the stock. CJS Securities raised shares of AAON from a “market perform” rating to an “outperform” rating and set a $110.00 target price on the stock in a research report on Friday, February 28th. Wall Street Zen cut shares of AAON from a “hold” rating to a “sell” rating in a research report on Friday, February 28th. Robert W. Baird reduced their target price on shares of AAON from $155.00 to $116.00 and set an “outperform” rating on the stock in a research report on Friday, February 28th. Finally, DA Davidson cut their price target on shares of AAON from $150.00 to $125.00 and set a “buy” rating on the stock in a report on Friday, February 28th. One research analyst has rated the stock with a sell rating, one has given a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $115.50.

AAON Trading Down 16.4%

NASDAQ AAON opened at $78.56 on Monday. The company’s fifty day simple moving average is $91.62 and its 200-day simple moving average is $104.09. AAON has a 52 week low of $68.98 and a 52 week high of $144.07. The company has a current ratio of 3.06, a quick ratio of 1.79 and a debt-to-equity ratio of 0.07. The stock has a market cap of $6.39 billion, a P/E ratio of 34.61 and a beta of 1.03.

Institutional Trading of AAON

A number of institutional investors and hedge funds have recently modified their holdings of AAON. Blair William & Co. IL raised its holdings in shares of AAON by 86.2% during the first quarter. Blair William & Co. IL now owns 2,177,688 shares of the construction company’s stock worth $170,143,000 after purchasing an additional 1,007,906 shares during the period. Norges Bank acquired a new stake in shares of AAON during the fourth quarter worth $76,581,000. Raymond James Financial Inc. acquired a new stake in shares of AAON during the fourth quarter worth $73,313,000. Mawer Investment Management Ltd. acquired a new stake in shares of AAON during the first quarter worth $44,219,000. Finally, Brown Advisory Inc. bought a new position in shares of AAON during the first quarter worth about $41,180,000. 70.81% of the stock is owned by institutional investors and hedge funds.

Insider Activity at AAON

In other AAON news, Director Gordon Douglas Wichman sold 21,302 shares of the stock in a transaction on 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 sale, the director now directly owns 8,754 shares of the company’s stock, valued at approximately $914,617.92. This represents a 70.87% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Gary D. Fields sold 37,189 shares of the stock in a transaction on Tuesday, May 6th. The stock was sold at an average price of $98.20, for a total transaction of $3,651,959.80. Following the sale, the chief executive officer now directly owns 63,714 shares in the company, valued at $6,256,714.80. This trade represents a 36.86% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 70,823 shares of company stock valued at $7,122,451 over the last ninety days. Corporate insiders own 18.70% of the company’s stock.

AAON Announces Dividend

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

AAON declared that its board has approved a stock repurchase program on Tuesday, March 4th that permits the company to buyback $30.00 million in shares. This buyback authorization permits the construction company to buy up to 0.5% of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s board believes its shares are undervalued.

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. 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.