AAON Inc (NASDAQ: AAON) is 10.62% higher on its value in year-to-date trading and has touched a low of $68.38 and a high of $144.07 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The AAON stock was last observed hovering at around $131.53 in the last trading session, with the day’s loss setting it -1.35%.
Currently trading at $130.18, the stock is 5.63% and 1.01% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.08 million and changing -1.03% at the moment leaves the stock 30.04% off its SMA200. AAON registered 85.97% gain for a year compared to 6-month gain of 49.03%. The firm has a 50-day simple moving average (SMA 50) of $128.8804 and a 200-day simple moving average (SMA200) of $100.10805.
The stock witnessed a -3.33% loss in the last 1 month and extending the period to 3 months gives it a 17.43%, and is 6.64% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.50% over the week and 3.22% over the month.
AAON Inc (AAON) has around 3856 employees, a market worth around $10.58B and $1.21B in sales. Current P/E ratio is 56.98 and Fwd P/E is 44.22. Profit margin for the company is 15.78%. Distance from 52-week low is 90.38% and -9.64% from its 52-week high. The company has generated returns on investments over the last 12 months (21.64%).
with sales reaching $320.49M over the same period.The EPS is expected to grow by 2.32% this year, but quarterly earnings will post 4.67% year-over-year. Quarterly sales are estimated to grow 4.52% in year-over-year returns.
AAON Inc (AAON) Top Institutional Holders
515.0 institutions hold shares in AAON Inc (AAON), with institutional investors hold 89.58% of the company’s shares. The shares outstanding are 81.25M, and float is at 67.10M with Short Float at 2.29%. Institutions hold 74.02% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 6.28 million shares valued at $547.72 million. The investor’s holdings represent 7.6881% of the AAON Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 6.24 million shares valued at $544.76 million to account for 7.6466 of the shares outstanding. The other top investors are KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC which holds 3.57 million shares representing 4.3734% and valued at over $311.57 million, while JPMORGAN CHASE & CO holds 3.8027 of the shares totaling 3.11 million with a market value of $271.34 million.
AAON Inc (AAON) Insider Activity
The most recent transaction is an insider sale by Wakefield Stephen E, the company’s Vice President. SEC filings show that Wakefield Stephen E sold 5,362 shares of the company’s common stock on Dec 13 ’24 at a price of $130.99 per share for a total of $0.7 million. Following the sale, the insider now owns 4558.0 shares.
AAON Inc disclosed in a document filed with the SEC on Dec 05 ’24 that Thompson Rebecca (Chief Financial Officer) sold a total of 5,000 shares of the company’s common stock. The trade occurred on Dec 05 ’24 and was made at $138.00 per share for $0.69 million. Following the transaction, the insider now directly holds 17297.0 shares of the AAON stock.
Still, SEC filings show that on Dec 05 ’24, Thompson Rebecca (Officer) Proposed Sale 5,000 shares at an average price of $138.00 for $0.69 million. The insider now directly holds shares of AAON Inc (AAON).
