Equities Analysts Offer Predictions for AAON Q4 Earnings

AAON, Inc. (NASDAQ:AAON) – Investment analysts at William Blair decreased their Q4 2025 EPS estimates for AAON in a report issued on Wednesday, April 2nd. William Blair analyst R. Merkel now anticipates that the construction company will post earnings of $0.69 per share for the quarter, down from their previous forecast of $0.70. The consensus estimate for AAON’s current full-year earnings is $2.26 per share. William Blair also issued estimates for AAON’s Q3 2026 earnings at $0.91 EPS, FY2026 earnings at $3.14 EPS and FY2027 earnings at $4.03 EPS.

Several other equities analysts have also recently issued reports on the stock. DA Davidson reduced their price target on shares of AAON from $150.00 to $125.00 and set a “buy” rating on the stock in a research report on Friday, February 28th. CJS Securities upgraded AAON from a “market perform” rating to an “outperform” rating and set a $110.00 target price on the stock in a report on Friday, February 28th. Robert W. Baird lowered their target price on AAON from $155.00 to $116.00 and set an “outperform” rating for the company in a research note on Friday, February 28th. Finally, StockNews.com cut AAON from a “hold” rating to a “sell” rating in a research note on Friday, February 28th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $115.50.

AAON Stock Down 4.2 %

Shares of NASDAQ AAON opened at $74.20 on Friday. The firm has a fifty day simple moving average of $94.25 and a two-hundred day simple moving average of $112.03. AAON has a 12 month low of $69.52 and a 12 month 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 firm has a market capitalization of $6.05 billion, a PE ratio of 32.69 and a beta of 0.96.

AAON Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Tuesday, March 18th were given a $0.10 dividend. This is a boost from AAON’s previous quarterly dividend of $0.08. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.54%. The ex-dividend date was Tuesday, March 18th. AAON’s payout ratio is currently 19.90%.

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

Insider Buying and Selling

In related news, Director David Raymond Stewart bought 1,000 shares of the company’s stock in a transaction on Wednesday, March 5th. The shares were acquired at an average cost of $80.86 per share, with a total value of $80,860.00. Following the completion of the acquisition, the director now owns 3,000 shares of the company’s stock, valued at $242,580. The trade was a 50.00 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 18.55% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On AAON

Several institutional investors and hedge funds have recently modified their holdings of the stock. BNP Paribas Financial Markets increased its stake in AAON by 99.2% during the 3rd quarter. BNP Paribas Financial Markets now owns 10,305 shares of the construction company’s stock valued at $1,111,000 after purchasing an additional 5,133 shares in the last quarter. Captrust Financial Advisors raised its holdings in AAON by 1.0% in the 3rd quarter. Captrust Financial Advisors now owns 8,796 shares of the construction company’s stock worth $949,000 after acquiring an additional 89 shares during the last quarter. HighTower Advisors LLC raised its holdings in AAON by 46.6% in the 3rd quarter. HighTower Advisors LLC now owns 13,043 shares of the construction company’s stock worth $1,408,000 after acquiring an additional 4,146 shares during the last quarter. Quantinno Capital Management LP lifted its position in AAON by 3.1% in the 3rd quarter. Quantinno Capital Management LP now owns 6,486 shares of the construction company’s stock valued at $699,000 after acquiring an additional 192 shares in the last quarter. Finally, State Street Corp boosted its stake in AAON by 0.6% during the 3rd quarter. State Street Corp now owns 1,977,531 shares of the construction company’s stock valued at $213,257,000 after purchasing an additional 12,502 shares during the last quarter. 70.81% of the stock is currently owned by institutional investors.

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.