B. Metzler seel. Sohn & Co. Holding AG purchased a new stake in shares of AAON, Inc. ( NASDAQ:AAON – Free Report ) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 11,914 shares of the construction company’s stock, valued at approximately $1,285,000. A number of other hedge funds have also modified their holdings of the stock. Vaughan Nelson Investment Management L.P. raised its stake in shares of AAON by 106.3% during the 2nd quarter. Vaughan Nelson Investment Management L.P. now owns 1,089,070 shares of the construction company’s stock worth $95,010,000 after purchasing an additional 561,195 shares in the last quarter. Blair William & Co. IL bought a new position in AAON during the second quarter valued at approximately $44,934,000. Millennium Management LLC lifted its stake in AAON by 212.3% in the second quarter. Millennium Management LLC now owns 656,552 shares of the construction company’s stock valued at $57,278,000 after acquiring an additional 446,344 shares during the last quarter. Allspring Global Investments Holdings LLC grew its position in AAON by 552.4% in the second quarter. Allspring Global Investments Holdings LLC now owns 350,082 shares of the construction company’s stock worth $30,541,000 after acquiring an additional 296,423 shares in the last quarter. Finally, Fred Alger Management LLC acquired a new position in shares of AAON during the 2nd quarter worth $15,700,000. 70.81% of the stock is owned by institutional investors and hedge funds. AAON Price Performance Shares of AAON stock opened at $137.42 on Friday. The firm has a fifty day moving average price of $114.05 and a two-hundred day moving average price of $94.31. AAON, Inc. has a fifty-two week low of $61.09 and a fifty-two week high of $144.07. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.06 and a quick ratio of 1.79. The company has a market cap of $11.17 billion, a PE ratio of 60.54 and a beta of 0.79. AAON Dividend Announcement The company also recently announced a quarterly dividend, which will be paid on Thursday, December 19th. Investors of record on Friday, November 29th will be paid a $0.08 dividend. The ex-dividend date of this dividend is Friday, November 29th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.23%. AAON’s payout ratio is 14.10%. Insider Buying and Selling In related news, CEO Gary D. Fields sold 35,000 shares of the company’s stock in a transaction dated Friday, November 15th. The shares were sold at an average price of $132.03, for a total value of $4,621,050.00. Following the sale, the chief executive officer now owns 64,295 shares of the company’s stock, valued at $8,488,868.85. The trade was a 35.25 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink . Also, VP Casey Kidwell sold 1,421 shares of the firm’s stock in a transaction dated Monday, November 18th. The stock was sold at an average price of $135.14, for a total transaction of $192,033.94. Following the transaction, the vice president now owns 4,953 shares of the company’s stock, valued at approximately $669,348.42. This represents a 22.29 % decrease in their position. The disclosure for this sale can be found here . Insiders sold a total of 41,217 shares of company stock valued at $5,467,162 over the last ninety days. 18.55% of the stock is owned by company insiders. Analyst Ratings Changes Several research firms recently issued reports on AAON. Robert W. Baird lifted their price objective on shares of AAON from $130.00 to $138.00 and gave the company an “outperform” rating in a research note on Friday, November 8th. StockNews.com upgraded AAON from a “sell” rating to a “hold” rating in a report on Friday, September 20th. Baird R W raised shares of AAON from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 28th. DA Davidson lifted their target price on shares of AAON from $102.00 to $150.00 and gave the stock a “buy” rating in a report on Friday, November 8th. Finally, Sidoti downgraded AAON from a “buy” rating to a “neutral” rating and raised their price target for the company from $102.00 to $111.00 in a research report on Tuesday, October 22nd. Two analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, AAON currently has a consensus rating of “Moderate Buy” and a consensus target price of $133.00. Read Our Latest Stock Analysis on AAON AAON Profile ( Free Report ) 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. Read More 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 .