Pennsylvania Trust Co raised its position in AAON, Inc. (NASDAQ:AAON) by 3.3% in the third quarter, Holdings Channel reports. The fund owned 88,227 shares of the construction company’s stock after buying an additional 2,826 shares during the period. Pennsylvania Trust Co’s holdings in AAON were worth $3,335,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the stock. Atria Investments LLC lifted its stake in AAON by 44.7% in the third quarter. Atria Investments LLC now owns 11,404 shares of the construction company’s stock worth $431,000 after acquiring an additional 3,524 shares during the last quarter. Northern Trust Corp lifted its stake in AAON by 1.8% in the second quarter. Northern Trust Corp now owns 664,680 shares of the construction company’s stock worth $22,101,000 after acquiring an additional 11,977 shares during the last quarter. Public Employees Retirement System of Ohio lifted its stake in AAON by 3.3% in the second quarter. Public Employees Retirement System of Ohio now owns 146,528 shares of the construction company’s stock worth $4,872,000 after acquiring an additional 4,637 shares during the last quarter. WINTON GROUP Ltd lifted its stake in AAON by 1,325.4% in the second quarter. WINTON GROUP Ltd now owns 149,212 shares of the construction company’s stock worth $4,961,000 after acquiring an additional 138,744 shares during the last quarter. Finally, DF Dent & Co. Inc. lifted its stake in AAON by 14.6% in the second quarter. DF Dent & Co. Inc. now owns 21,405 shares of the construction company’s stock worth $712,000 after acquiring an additional 2,728 shares during the last quarter. Institutional investors own 71.88% of the company’s stock.

Shares of AAON stock opened at $33.00 on Thursday. AAON, Inc. has a 52-week low of $29.05 and a 52-week high of $43.30. The company has a market capitalization of $1.98 billion, a P/E ratio of 35.94, a PEG ratio of 2.90 and a beta of 0.88.

AAON (NASDAQ:AAON) last released its quarterly earnings data on Thursday, August 2nd. The construction company reported $0.22 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.22. AAON had a net margin of 10.89% and a return on equity of 17.78%. The company had revenue of $109.59 million for the quarter, compared to analysts’ expectations of $117.69 million. During the same quarter last year, the company earned $0.26 earnings per share. The firm’s revenue for the quarter was up 8.2% on a year-over-year basis. As a group, equities research analysts forecast that AAON, Inc. will post 0.87 EPS for the current fiscal year.

In other AAON news, President Gary D. Fields sold 1,600 shares of the firm’s stock in a transaction that occurred on Tuesday, August 7th. The shares were sold at an average price of $38.70, for a total transaction of $61,920.00. Following the sale, the president now owns 25,343 shares of the company’s stock, valued at $980,774.10. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Jack E. Short sold 5,851 shares of the firm’s stock in a transaction that occurred on Thursday, August 16th. The stock was sold at an average price of $40.45, for a total transaction of $236,672.95. Following the sale, the director now directly owns 53,547 shares in the company, valued at approximately $2,165,976.15. The disclosure for this sale can be found here. In the last three months, insiders have sold 12,984 shares of company stock worth $534,797. 22.20% of the stock is owned by corporate insiders.

A number of research analysts recently issued reports on AAON shares. BidaskClub downgraded shares of AAON from a “strong-buy” rating to a “buy” rating in a research note on Monday, June 18th. Zacks Investment Research upgraded shares of AAON from a “hold” rating to a “buy” rating and set a $43.00 price target for the company in a research note on Wednesday, August 8th. Finally, ValuEngine upgraded shares of AAON from a “hold” rating to a “buy” rating in a research note on Thursday, August 2nd.

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.

Recommended Story: Understanding each part of a balance sheet

Want to see what other hedge funds are holding AAON? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AAON, Inc. (NASDAQ:AAON).

Institutional Ownership by Quarter for AAON (NASDAQ:AAON)

Receive News & Ratings for AAON Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AAON and related companies with MarketBeat.com's FREE daily email newsletter.