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New Big Money Means AAON Inc (AAON) Investors Could Reap Benefit

AAON Inc (NASDAQ: AAON) is -18.67% lower on its value in year-to-date trading and has touched a low of $68.98 and a high of $144.07 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The AAON stock was last observed hovering at around $97.44 in the last trading session, with the day’s loss setting it -1.73%.

Currently trading at $95.71, the stock is 9.60% and 15.26% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.13 million and changing -1.78% at the moment leaves the stock -8.25% off its SMA200. AAON registered 22.08% gain for a year compared to 6-month loss of -15.65%.

The stock witnessed a 28.42% gain in the last 1 month and extending the period to 3 months gives it a -16.70%, and is 4.86% 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 3.93% over the week and 5.28% over the month.

AAON Inc (AAON) has around 4812 employees, a market worth around $7.79B and $1.26B in sales. Current P/E ratio is 50.28 and Fwd P/E is 32.23. Profit margin for the company is 12.60%. Distance from 52-week low is 38.75% and -33.56% from its 52-week high. The company has generated returns on investments over the last 12 months (14.69%).

The EPS is expected to grow by 6.93% this year

The shares outstanding are 81.35M, and float is at 67.06M with Short Float at 4.81%.

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 7.6759 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 7.6344 of the shares outstanding. The other top investors are KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC which holds 3.57 million shares representing 4.3665 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

Still, SEC filings show that on Mar 05 ’25, Stewart David Raymond (Director) acquired 1,000 shares at an average price of $80.86 for $80860.0. The insider now directly holds 3,000 shares of AAON Inc (AAON).

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