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AAON Announces Board Expansion and Dividend Declaration

Story Highlights
  • AAON held its Annual Meeting on May 13, 2025, electing board members and ratifying its accounting firm.
  • AAON appointed CEO Matt J. Tobolski as a director and declared a quarterly cash dividend.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
AAON Announces Board Expansion and Dividend Declaration

Confident Investing Starts Here:

The latest update is out from Aaon ( (AAON) ).

On May 13, 2025, AAON, Inc. held its Annual Meeting where stockholders elected board members, ratified Grant Thornton, LLP as the independent public accounting firm for 2025, and approved executive compensation. The company also announced an increase in its Board of Directors from eight to nine members, appointing CEO Matt J. Tobolski as a new director. Additionally, AAON declared a quarterly cash dividend of $0.10 per share, payable on June 27, 2025, to stockholders of record as of June 6, 2025.

The most recent analyst rating on (AAON) stock is a Buy with a $110.00 price target. To see the full list of analyst forecasts on Aaon stock, see the AAON Stock Forecast page.

Spark’s Take on AAON Stock

According to Spark, TipRanks’ AI Analyst, AAON is a Outperform.

AAON’s overall stock score reflects strong financial fundamentals with robust revenue growth and low leverage risk, tempered by challenges in cash flow management and profitability pressures in certain segments. Although technical indicators suggest caution due to overbought conditions, the company’s strategic investments and record backlog offer long-term growth potential. Valuation concerns due to a high P/E ratio and low dividend yield also impact the score.

To see Spark’s full report on AAON stock, click here.

More about Aaon

Founded in 1988, AAON, Inc. is a global leader in HVAC solutions for commercial, industrial, and data center indoor environments. The company is known for its highly configurable and custom-made equipment, providing efficiency, performance, and long-term value under the AAON and BASX brands. Headquartered in Tulsa, Oklahoma, AAON operates a world-class innovation center and testing lab to advance the industry.

Average Trading Volume: 962,633

Technical Sentiment Signal: Strong Buy

Current Market Cap: $8.53B

See more insights into AAON stock on TipRanks’ Stock Analysis page.

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