Amalgamated Bank Has $4.11 Million Stock Position in AAON, Inc. (NASDAQ:AAON)

Amalgamated Bank raised its holdings in AAON, Inc. (NASDAQ:AAON) by 0.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 34,957 shares of the construction company’s stock after purchasing an additional 237 shares during the quarter. Amalgamated Bank’s holdings in AAON were worth $4,114,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of AAON. Mather Group LLC. boosted its stake in AAON by 521.6% in the fourth quarter. Mather Group LLC. now owns 230 shares of the construction company’s stock valued at $27,000 after buying an additional 193 shares in the last quarter. Blue Trust Inc. lifted its holdings in shares of AAON by 202.0% in the third quarter. Blue Trust Inc. now owns 296 shares of the construction company’s stock worth $32,000 after acquiring an additional 198 shares during the last quarter. Westside Investment Management Inc. acquired a new stake in shares of AAON in the 3rd quarter valued at approximately $36,000. UMB Bank n.a. grew its holdings in shares of AAON by 67.5% during the 4th quarter. UMB Bank n.a. now owns 325 shares of the construction company’s stock valued at $38,000 after purchasing an additional 131 shares during the last quarter. Finally, Empowered Funds LLC acquired a new position in AAON during the 4th quarter worth approximately $42,000. Institutional investors own 70.81% of the company’s stock.

Insider Transactions at AAON

In other AAON news, CFO Rebecca Thompson sold 5,000 shares of the stock in a transaction that occurred on Thursday, December 5th. The shares were sold at an average price of $138.00, for a total transaction of $690,000.00. Following the completion of the sale, the chief financial officer now owns 17,297 shares of the company’s stock, valued at approximately $2,386,986. This represents a 22.42 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP Stephen E. Wakefield sold 5,362 shares of the business’s stock in a transaction that occurred on Friday, December 13th. The stock was sold at an average price of $130.99, for a total transaction of $702,368.38. Following the completion of the transaction, the vice president now owns 4,558 shares in the company, valued at $597,052.42. This trade represents a 54.05 % decrease in their position. The disclosure for this sale can be found here. 18.55% of the stock is owned by corporate insiders.

AAON Stock Down 2.3 %

Shares of NASDAQ:AAON opened at $76.80 on Friday. The firm has a market cap of $6.24 billion, a P/E ratio of 33.83 and a beta of 0.87. AAON, Inc. has a 12-month low of $70.28 and a 12-month high of $144.07. The business has a fifty day simple moving average of $117.63 and a 200 day simple moving average of $114.07. The company has a quick ratio of 1.79, a current ratio of 3.06 and a debt-to-equity ratio of 0.07.

Analysts Set New Price Targets

AAON has been the topic of a number of research analyst reports. StockNews.com lowered shares of AAON from a “hold” rating to a “sell” rating in a research report on Friday. Robert W. Baird cut their price objective on AAON from $155.00 to $116.00 and set an “outperform” rating on the stock in a report on Friday. DA Davidson lowered their target price on AAON from $150.00 to $125.00 and set a “buy” rating for the company in a report on Friday. Finally, CJS Securities raised AAON from a “market perform” rating to an “outperform” rating and set a $110.00 price target on the stock in a research note on Friday. One analyst has rated the stock with a sell rating, one has given a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, AAON presently has an average rating of “Moderate Buy” and an average price target of $115.50.

About AAON

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.