Nicolet Advisory Services LLC Has $520,000 Stock Holdings in AAON, Inc. (NASDAQ:AAON)

Nicolet Advisory Services LLC grew its holdings in AAON, Inc. (NASDAQ:AAON) by 20.2% in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 5,801 shares of the construction company’s stock after buying an additional 973 shares during the quarter. Nicolet Advisory Services LLC’s holdings in AAON were worth $520,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in the business. Strs Ohio raised its stake in shares of AAON by 2.3% in the 4th quarter. Strs Ohio now owns 6,600 shares of the construction company’s stock valued at $487,000 after buying an additional 150 shares in the last quarter. GAMMA Investing LLC increased its position in shares of AAON by 35.6% during the 1st quarter. GAMMA Investing LLC now owns 690 shares of the construction company’s stock worth $61,000 after purchasing an additional 181 shares in the last quarter. Vanguard Personalized Indexing Management LLC increased its position in shares of AAON by 3.8% during the 4th quarter. Vanguard Personalized Indexing Management LLC now owns 6,963 shares of the construction company’s stock worth $514,000 after purchasing an additional 257 shares in the last quarter. TFO Wealth Partners LLC acquired a new stake in shares of AAON during the 4th quarter worth about $27,000. Finally, Quadrant Capital Group LLC increased its position in shares of AAON by 11.5% during the 4th quarter. Quadrant Capital Group LLC now owns 3,920 shares of the construction company’s stock worth $290,000 after purchasing an additional 403 shares in the last quarter. Institutional investors and hedge funds own 70.81% of the company’s stock.

Analyst Ratings Changes

AAON has been the subject of a number of recent analyst reports. StockNews.com cut shares of AAON from a “hold” rating to a “sell” rating in a research report on Monday, June 17th. DA Davidson reiterated a “buy” rating and set a $102.00 target price on shares of AAON in a research report on Wednesday, June 26th. Finally, William Blair initiated coverage on shares of AAON in a research report on Monday, April 29th. They set an “outperform” rating for the company.

AAON Stock Down 0.5 %

NASDAQ:AAON traded down $0.41 during mid-day trading on Friday, reaching $86.94. 563,883 shares of the company were exchanged, compared to its average volume of 1,064,660. AAON, Inc. has a 12 month low of $52.24 and a 12 month high of $96.34. The company has a fifty day moving average of $80.17 and a 200 day moving average of $80.82. The stock has a market cap of $7.15 billion, a PE ratio of 40.50 and a beta of 0.80.

AAON (NASDAQ:AAON) last issued its quarterly earnings data on Thursday, May 2nd. The construction company reported $0.46 EPS for the quarter, missing analysts’ consensus estimates of $0.53 by ($0.07). AAON had a return on equity of 25.84% and a net margin of 15.44%. The company had revenue of $262.10 million for the quarter, compared to the consensus estimate of $284.76 million. During the same period in the prior year, the company earned $0.45 EPS. The firm’s revenue was down 1.4% compared to the same quarter last year. On average, equities research analysts anticipate that AAON, Inc. will post 2.24 EPS for the current fiscal year.

AAON Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Friday, June 7th were issued a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 0.37%. The ex-dividend date was Friday, June 7th. AAON’s dividend payout ratio is currently 14.91%.

Insiders Place Their Bets

In other news, CFO Rebecca Thompson sold 13,500 shares of the firm’s stock in a transaction dated Wednesday, May 15th. The shares were sold at an average price of $77.00, for a total value of $1,039,500.00. Following the transaction, the chief financial officer now owns 17,297 shares of the company’s stock, valued at approximately $1,331,869. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, CFO Rebecca Thompson sold 13,500 shares of the firm’s stock in a transaction dated Wednesday, May 15th. The shares were sold at an average price of $77.00, for a total value of $1,039,500.00. Following the transaction, the chief financial officer now owns 17,297 shares of the company’s stock, valued at approximately $1,331,869. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Stephen E. Wakefield sold 29,946 shares of the firm’s stock in a transaction dated Friday, July 12th. The shares were sold at an average price of $90.13, for a total transaction of $2,699,032.98. Following the completion of the transaction, the vice president now directly owns 15,670 shares in the company, valued at approximately $1,412,337.10. The disclosure for this sale can be found here. Insiders have sold a total of 71,646 shares of company stock valued at $5,885,399 in the last 90 days. 18.55% of the stock is currently owned by insiders.

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.