AAON (AAON) Upgraded at BidaskClub

AAON (NASDAQ:AAON) was upgraded by research analysts at BidaskClub from a “hold” rating to a “buy” rating in a research report issued on Wednesday.

A number of other research analysts also recently weighed in on AAON. Zacks Investment Research downgraded AAON from a “hold” rating to a “strong sell” rating in a research note on Monday, November 5th. ValuEngine downgraded AAON from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, January 2nd.

AAON stock opened at $41.40 on Wednesday. The company has a market capitalization of $2.16 billion, a price-to-earnings ratio of 43.58, a P/E/G ratio of 2.10 and a beta of 0.86. AAON has a twelve month low of $29.05 and a twelve month high of $44.90.

Several hedge funds and other institutional investors have recently modified their holdings of AAON. BlackRock Inc. boosted its stake in shares of AAON by 4.6% during the 3rd quarter. BlackRock Inc. now owns 5,811,353 shares of the construction company’s stock worth $219,669,000 after acquiring an additional 254,062 shares during the period. Conestoga Capital Advisors LLC boosted its stake in shares of AAON by 12.4% during the 3rd quarter. Conestoga Capital Advisors LLC now owns 2,230,609 shares of the construction company’s stock worth $84,317,000 after acquiring an additional 246,420 shares during the period. Vanguard Group Inc boosted its stake in shares of AAON by 2.1% during the 3rd quarter. Vanguard Group Inc now owns 3,950,178 shares of the construction company’s stock worth $149,316,000 after acquiring an additional 80,857 shares during the period. Vanguard Group Inc. boosted its stake in shares of AAON by 2.1% during the 3rd quarter. Vanguard Group Inc. now owns 3,950,178 shares of the construction company’s stock worth $149,316,000 after acquiring an additional 80,857 shares during the period. Finally, Wells Fargo & Company MN boosted its stake in shares of AAON by 16.8% during the 3rd quarter. Wells Fargo & Company MN now owns 502,229 shares of the construction company’s stock worth $18,985,000 after acquiring an additional 72,105 shares during the period. Institutional investors own 72.32% of the company’s stock.

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. It offers rooftop units, chillers, packaged outdoor mechanical rooms, air handling units, makeup air units, energy recovery units, condensing units, geothermal/water-source heat pumps, self-contained units, and coils.

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