Impax Asset Management Group plc Purchases 328,751 Shares of AAON, Inc. $AAON

Impax Asset Management Group plc boosted its position in AAON, Inc. (NASDAQ:AAON) by 56.0% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 916,047 shares of the construction company’s stock after buying an additional 328,751 shares during the quarter. Impax Asset Management Group plc owned approximately 1.12% of AAON worth $84,730,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of AAON. EverSource Wealth Advisors LLC grew its stake in shares of AAON by 96.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 334 shares of the construction company’s stock worth $25,000 after acquiring an additional 164 shares in the last quarter. Caitong International Asset Management Co. Ltd acquired a new position in AAON during the second quarter worth $26,000. Jones Financial Companies Lllp grew its position in AAON by 59.5% in the third quarter. Jones Financial Companies Lllp now owns 378 shares of the construction company’s stock valued at $34,000 after purchasing an additional 141 shares in the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. bought a new position in AAON in the second quarter valued at $53,000. Finally, Hantz Financial Services Inc. increased its stake in AAON by 273.8% in the 3rd quarter. Hantz Financial Services Inc. now owns 871 shares of the construction company’s stock valued at $81,000 after buying an additional 638 shares during the last quarter. Institutional investors own 70.81% of the company’s stock.

AAON Price Performance

NASDAQ:AAON opened at $99.03 on Wednesday. AAON, Inc. has a 12-month low of $62.00 and a 12-month high of $116.04. The firm has a market capitalization of $8.08 billion, a price-to-earnings ratio of 81.84 and a beta of 1.11. The stock’s 50 day moving average price is $85.18 and its two-hundred day moving average price is $88.91. The company has a quick ratio of 2.03, a current ratio of 3.04 and a debt-to-equity ratio of 0.42.

Analyst Upgrades and Downgrades

AAON has been the subject of a number of recent research reports. Wall Street Zen downgraded shares of AAON from a “hold” rating to a “sell” rating in a research note on Saturday, January 17th. Oppenheimer reiterated an “outperform” rating and set a $115.00 target price on shares of AAON in a report on Friday, November 7th. DA Davidson restated a “buy” rating and issued a $120.00 price target on shares of AAON in a research note on Tuesday, February 3rd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of AAON in a research report on Wednesday, January 21st. Finally, William Blair reissued an “outperform” rating on shares of AAON in a report on Tuesday, December 30th. Six analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $107.60.

Insider Buying and Selling at AAON

In related news, EVP Stephen E. Wakefield bought 4,141 shares of the business’s stock in a transaction dated Friday, December 12th. The stock was bought at an average price of $77.59 per share, for a total transaction of $321,300.19. Following the purchase, the executive vice president owned 15,212 shares in the company, valued at $1,180,299.08. This represents a 37.40% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 18.55% of the stock is owned by insiders.

AAON Profile

AAON, Inc (NASDAQ: AAON) is a U.S.-based designer and manufacturer of heating, ventilation and air conditioning (HVAC) equipment for commercial and industrial applications. The company’s product portfolio focuses on rooftop packaged units, water-source heat pumps, chillers and custom-engineered solutions that cater to a wide array of building types, from office complexes and schools to data centers and healthcare facilities.

AAON’s core offerings include rooftop units available in gas, electric and dual-fuel configurations, precision air-conditioning systems for temperature- and humidity-sensitive environments, and modular chillers suited for both indoor and outdoor installations.