JFrog stock rises as Cantor Fitzgerald maintains Overweight rating after strong Q2
TULSA - HVAC solutions provider AAON, Inc. (NASDAQ:AAON) announced Thursday that its Board of Directors has declared a regular quarterly cash dividend of $0.10 per share, according to a company press release.
The dividend, which equates to $0.40 annually, will be payable on September 26, 2025, to stockholders of record as of the close of business on September 5, 2025.
AAON, founded in 1988, specializes in designing and manufacturing HVAC solutions for commercial and industrial indoor environments. The company is headquartered in Tulsa, Oklahoma. With a market capitalization of $7.2 billion and annual revenue of $1.26 billion, AAON maintains a strong financial position with a healthy current ratio of 3.1.
This quarterly dividend announcement represents a continuation of the company’s established dividend program. The declaration comes as part of AAON’s regular financial activities and follows standard corporate governance procedures.
The company made no additional announcements regarding changes to its business operations or financial outlook in connection with this dividend declaration.
In other recent news, AAON Inc. reported its financial results for the second quarter of 2025, which fell short of expectations. The company announced earnings per share of $0.22, missing the anticipated $0.34, and revenue of $311.6 million, which was below the forecasted $326.15 million. These results were largely attributed to challenges with the implementation of an ERP system at its Longview facility. Despite this, William Blair has maintained an Outperform rating on AAON, viewing the recent earnings miss as a temporary setback and a buying opportunity. The firm believes the company’s long-term outlook remains positive, suggesting that the revised guidance accounts for ongoing ERP issues.
Meanwhile, DA Davidson has lowered its price target for AAON to $105 from $125, citing internal inefficiencies and facility challenges as reasons for the reduced guidance. However, DA Davidson continues to hold a Buy rating on the stock, indicating confidence in AAON’s potential for multi-year growth despite short-term hurdles. These developments highlight the mixed sentiments among analysts regarding AAON’s current challenges and future prospects.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.