AAON, Inc. (NASDAQ:AAON) Shares Acquired by Ascent Wealth Partners LLC

Ascent Wealth Partners LLC increased its position in AAON, Inc. (NASDAQ:AAON) by 0.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 29,881 shares of the construction company’s stock after buying an additional 113 shares during the quarter. Ascent Wealth Partners LLC’s holdings in AAON were worth $3,516,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of AAON. Mather Group LLC. lifted its holdings in shares of AAON by 521.6% in the fourth quarter. Mather Group LLC. now owns 230 shares of the construction company’s stock valued at $27,000 after buying an additional 193 shares during the period. Blue Trust Inc. lifted its holdings in shares of AAON by 202.0% in the third quarter. Blue Trust Inc. now owns 296 shares of the construction company’s stock valued at $32,000 after buying an additional 198 shares during the period. Westside Investment Management Inc. acquired a new stake in shares of AAON in the third quarter valued at $36,000. UMB Bank n.a. lifted its holdings in shares of AAON by 67.5% in the fourth quarter. UMB Bank n.a. now owns 325 shares of the construction company’s stock valued at $38,000 after buying an additional 131 shares during the period. Finally, Empowered Funds LLC acquired a new stake in shares of AAON in the fourth quarter valued at $42,000. Institutional investors and hedge funds own 70.81% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently weighed in on the company. Robert W. Baird upped their price target on AAON from $130.00 to $138.00 and gave the company an “outperform” rating in a research report on Friday, November 8th. Baird R W raised AAON from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 28th. Finally, DA Davidson upped their price target on AAON from $102.00 to $150.00 and gave the company a “buy” rating in a research report on Friday, November 8th. Two research analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, AAON presently has an average rating of “Moderate Buy” and a consensus price target of $133.00.

Insider Transactions at AAON

In other news, CFO Rebecca Thompson sold 5,000 shares of the company’s stock in a transaction dated Thursday, December 5th. The stock was sold at an average price of $138.00, for a total transaction of $690,000.00. Following the completion of the sale, the chief financial officer now owns 17,297 shares in the company, valued at approximately $2,386,986. This represents a 22.42 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, VP Stephen E. Wakefield sold 5,750 shares of the company’s stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $139.86, for a total value of $804,195.00. Following the sale, the vice president now owns 9,920 shares of the company’s stock, valued at approximately $1,387,411.20. This trade represents a 36.69 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 16,112 shares of company stock worth $2,196,563. 18.55% of the stock is owned by corporate insiders.

AAON Stock Performance

Shares of AAON stock opened at $103.63 on Friday. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.06 and a quick ratio of 1.79. AAON, Inc. has a fifty-two week low of $70.28 and a fifty-two week high of $144.07. The stock’s 50-day moving average is $120.19 and its two-hundred day moving average is $114.01. The firm has a market cap of $8.42 billion, a P/E ratio of 45.65 and a beta of 0.87.

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.