Swedbank AB Sells 20,000 Shares of AAON, Inc. $AAON

Swedbank AB decreased its stake in shares of AAON, Inc. (NASDAQ:AAON) by 6.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 305,000 shares of the construction company’s stock after selling 20,000 shares during the quarter. Swedbank AB’s holdings in AAON were worth $23,256,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of AAON. EverSource Wealth Advisors LLC raised its stake in AAON by 96.5% during the second quarter. EverSource Wealth Advisors LLC now owns 334 shares of the construction company’s stock valued at $25,000 after purchasing an additional 164 shares in the last quarter. CBIZ Investment Advisory Services LLC purchased a new stake in AAON during the third quarter valued at $26,000. Jones Financial Companies Lllp raised its stake in AAON by 59.5% during the third quarter. Jones Financial Companies Lllp now owns 378 shares of the construction company’s stock valued at $34,000 after purchasing an additional 141 shares in the last quarter. Danske Bank A S purchased a new stake in AAON during the third quarter valued at $47,000. Finally, Huntington National Bank raised its stake in AAON by 27.0% during the third quarter. Huntington National Bank now owns 569 shares of the construction company’s stock valued at $53,000 after purchasing an additional 121 shares in the last quarter. Hedge funds and other institutional investors own 70.81% of the company’s stock.

Insider Buying and Selling at AAON

In other news, CAO Rebecca Thompson sold 400 shares of the stock in a transaction on Monday, April 27th. The shares were sold at an average price of $100.27, for a total value of $40,108.00. Following the sale, the chief accounting officer owned 27,681 shares of the company’s stock, valued at approximately $2,775,573.87. This represents a 1.42% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Casey Kidwell sold 5,225 shares of the stock in a transaction on Thursday, March 12th. The shares were sold at an average price of $90.00, for a total transaction of $470,250.00. Following the completion of the sale, the insider directly owned 12,662 shares in the company, valued at approximately $1,139,580. This represents a 29.21% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 37,118 shares of company stock worth $3,665,241. Insiders own 18.09% of the company’s stock.

Analysts Set New Price Targets

AAON has been the topic of a number of recent research reports. Wall Street Zen raised shares of AAON from a “sell” rating to a “hold” rating in a research note on Saturday, February 14th. DA Davidson reaffirmed a “buy” rating and set a $120.00 price target on shares of AAON in a research note on Tuesday, February 3rd. William Blair reaffirmed an “outperform” rating on shares of AAON in a research note on Monday, March 2nd. Oppenheimer reaffirmed an “outperform” rating on shares of AAON in a research note on Friday. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of AAON in a research note on Wednesday, January 21st. Five research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $107.75.

AAON Trading Up 8.1%

Shares of AAON opened at $139.66 on Friday. AAON, Inc. has a twelve month low of $62.00 and a twelve month high of $149.00. The company has a market cap of $11.39 billion, a P/E ratio of 97.66, a P/E/G ratio of 4.03 and a beta of 1.24. The company has a current ratio of 2.62, a quick ratio of 1.84 and a debt-to-equity ratio of 0.46. The company’s fifty day simple moving average is $90.23 and its 200-day simple moving average is $90.83.

AAON (NASDAQ:AAON) last announced its earnings results on Thursday, May 7th. The construction company reported $0.48 earnings per share for the quarter, beating the consensus estimate of $0.31 by $0.17. AAON had a net margin of 7.30% and a return on equity of 13.67%. The business had revenue of $496.94 million for the quarter, compared to the consensus estimate of $381.08 million. During the same quarter in the prior year, the firm posted $0.37 earnings per share. The business’s revenue for the quarter was up 54.3% on a year-over-year basis. As a group, analysts expect that AAON, Inc. will post 2 EPS for the current year.

AAON Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 30th. Stockholders of record on Wednesday, March 18th were paid a $0.10 dividend. The ex-dividend date of this dividend was Wednesday, March 18th. This represents a $0.40 annualized dividend and a dividend yield of 0.3%. AAON’s dividend payout ratio is currently 30.77%.

AAON News Roundup

Here are the key news stories impacting AAON this week:

• Positive Sentiment: AAON posted record Q1 2026 sales of $496.9 million, up 54.3% year over year, while diluted EPS rose to $0.48, both ahead of expectations. Article Title
• Positive Sentiment: The company raised 2026 guidance, now expecting revenue growth of 40% to 45% and gross margins of about 27% to 28%, signaling management confidence in continued momentum. Article Title
• Positive Sentiment: Backlog jumped 107.4% to a record $2.1 billion, driven by strong demand from the data center market, which investors are viewing as a long runway for growth. Article Title
• Neutral Sentiment: Management said improving production throughput and higher utilization are starting to support margins, suggesting more operating leverage ahead. Article Title
• Neutral Sentiment: Analysts noted the stock’s move is also being fueled by AAON’s role as a “picks-and-shovels” supplier for the data center build-out, reinforcing the growth narrative. Article Title

AAON Company Profile

AAON, Inc (NASDAQ: AAON) is a U.S.-based designer and manufacturer of heating, ventilation and air conditioning (HVAC) equipment for commercial and industrial applications. The company’s product portfolio focuses on rooftop packaged units, water-source heat pumps, chillers and custom-engineered solutions that cater to a wide array of building types, from office complexes and schools to data centers and healthcare facilities.

AAON’s core offerings include rooftop units available in gas, electric and dual-fuel configurations, precision air-conditioning systems for temperature- and humidity-sensitive environments, and modular chillers suited for both indoor and outdoor installations.