Legal & General Group Plc grew its holdings in AAON, Inc. (NASDAQ:AAON) by 7.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 82,588 shares of the construction company’s stock after purchasing an additional 5,523 shares during the period. Legal & General Group Plc owned approximately 0.16% of AAON worth $2,848,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of AAON. Eagle Asset Management Inc. grew its stake in AAON by 6.0% during the third quarter. Eagle Asset Management Inc. now owns 99,178 shares of the construction company’s stock valued at $3,486,000 after acquiring an additional 5,656 shares in the last quarter. American International Group Inc. grew its stake in AAON by 6.3% during the third quarter. American International Group Inc. now owns 32,699 shares of the construction company’s stock valued at $1,127,000 after acquiring an additional 1,926 shares in the last quarter. Wasatch Advisors Inc. grew its stake in AAON by 7.4% during the third quarter. Wasatch Advisors Inc. now owns 1,102,189 shares of the construction company’s stock valued at $37,998,000 after acquiring an additional 76,324 shares in the last quarter. Dynamic Technology Lab Private Ltd purchased a new position in AAON during the third quarter valued at approximately $298,000. Finally, Kayne Anderson Rudnick Investment Management LLC grew its stake in AAON by 27.0% during the third quarter. Kayne Anderson Rudnick Investment Management LLC now owns 1,089,126 shares of the construction company’s stock valued at $37,548,000 after acquiring an additional 231,786 shares in the last quarter. 68.26% of the stock is currently owned by institutional investors.

AAON, Inc. (NASDAQ:AAON) opened at $36.60 on Wednesday. AAON, Inc. has a 12 month low of $29.95 and a 12 month high of $38.20. The company has a market cap of $1,930.00, a P/E ratio of 38.94, a price-to-earnings-growth ratio of 2.53 and a beta of 1.01.

AAON (NASDAQ:AAON) last released its quarterly earnings results on Thursday, November 2nd. The construction company reported $0.28 EPS for the quarter, missing the Zacks’ consensus estimate of $0.29 by ($0.01). AAON had a return on equity of 23.17% and a net margin of 12.77%. The company had revenue of $113.67 million during the quarter, compared to analysts’ expectations of $111.76 million. During the same period in the prior year, the firm earned $0.29 EPS. AAON’s quarterly revenue was up 8.7% on a year-over-year basis. analysts anticipate that AAON, Inc. will post 0.97 earnings per share for the current year.

The business also recently declared a semiannual dividend, which was paid on Thursday, December 21st. Shareholders of record on Thursday, November 30th were paid a $0.13 dividend. The ex-dividend date was Wednesday, November 29th. This represents a yield of 0.76%. AAON’s dividend payout ratio is presently 27.66%.

AAON has been the subject of a number of research reports. Zacks Investment Research raised shares of AAON from a “sell” rating to a “hold” rating in a research note on Wednesday, October 4th. BidaskClub raised shares of AAON from a “sell” rating to a “hold” rating in a research note on Friday, December 22nd.

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About AAON

AAON, Inc is engaged in the engineering, manufacturing, marketing and sale of air conditioning and heating equipment consisting of standard, semi-custom and custom rooftop units, chillers, packaged outdoor mechanical rooms, air handling units, makeup air units, energy recovery units, condensing units, geothermal/water-source heat pumps and coils.

Institutional Ownership by Quarter for AAON (NASDAQ:AAON)

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