AAONNasdaqAir-Cond & Warm Air Heatg Equip & Comm & Indl Refrig EquipFiscal year ends December 31
AAON, INC.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 10, 2026
$75.34+1.61 (+2.18%)
Close on Oct 19, 2026
- Market cap
- $6.31B
- P/E (TTM)
- 39.2
- Dividend yield
- 0.53%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
79.0%
65M of 82M shares
Institutional holders
473
114 new, 37 sold out
Net institutional buying
-5M
In Q2 2026
Insider trades, 12 months
5 buys · 25 sales
Net sold $25.73M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Wellington Management Company LLP | 8,587,370 | 8.90% | 13G (passive) amendment | Aug 31, 2026 |
| Wellington Group Holdings LLP | 8,184,277 | 10.00% | 13G (passive) amendment | Apr 30, 2026 |
| Wellington Investment Advisors Holdings LLP | 6,839,277 | 8.40% | 13G (passive) amendment | Dec 31, 2025 |
| BlackRock, Inc. | 6,271,197 | 7.70% | 13G (passive) amendment | Mar 31, 2025 |
| Wellington Management Group LLP | 5,772,476 | 7.00% | 13G (passive) amendment | Jun 30, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of AAON | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 6,686,241 | 8.11% | $848.22M | +125,819 | 0.01% |
| Wellington Management Group Llp | 5,772,476 | 7.00% | $732.30M | −2,204,688 | 0.13% |
| Vanguard Capital Management LLC | 3,121,771 | 3.79% | $396.03M | +22,650 | 0.01% |
| Vanguard Portfolio Management LLC | 2,938,836 | 3.56% | $372.82M | +30,745 | 0.02% |
| State Street Corp | 2,625,540 | 3.18% | $333.06M | +562,926 | 0.01% |
| Wasatch Advisors LP | 2,338,517 | 2.84% | $296.66M | +70,399 | 1.94% |
| First Trust Advisors LP | 1,579,172 | 1.92% | $200.33M | −434,043 | 0.12% |
| Blair William & Co/Il | 1,533,434 | 1.86% | $194.53M | −88,769 | 0.51% |
| Geode Capital Management, LLC | 1,432,938 | 1.74% | $181.82M | +6,136 | 0.01% |
| Dimensional Fund Advisors LP | 1,352,956 | 1.64% | $171.63M | −31,876 | 0.03% |
| Geneva Capital Management LLC | 1,200,842 | 1.46% | $152.34M | −520,789 | 3.49% |
| Morgan Stanley | 1,121,413 | 1.36% | $142.26M | −132,990 | 0.01% |
| Capital World Investors | 1,102,743 | 1.34% | $139.89M | −161,535 | 0.02% |
| Franklin Resources Inc | 1,023,955 | 1.24% | $129.90M | −195,305 | 0.03% |
| Conestoga Capital Advisors, LLC | 1,015,825 | 1.23% | $128.87M | −254,412 | 2.80% |
| Jane Street Group, LLC | 973,933 | 1.18% | $123.55M | +964,600 | 0.01% |
| Fuller & Thaler Asset Management, Inc. | 917,551 | 1.11% | $116.40M | New | 0.32% |
| Pictet Asset Management Holding SA | 883,740 | 1.07% | $112.11M | +212,528 | 0.11% |
| Kayne Anderson Rudnick Investment Management LLC | 878,950 | 1.07% | $111.50M | −185,195 | 0.35% |
| Mawer Investment Management Ltd. | 855,173 | 1.04% | $108.49M | +6,590 | 0.74% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 473 | 65M | 79.0% | 114 / 129 | 177 / 37 | 7M | 11M |
| Q1 2026 | 402 | 70M | 84.7% | 60 / 152 | 136 / 53 | 13M | 10M |
| Q4 2025 | 401 | 74M | 89.2% | 70 / 130 | 152 / 66 | 9M | 9M |
| Q3 2025 | 403 | 74M | 89.7% | 81 / 134 | 144 / 65 | 17M | 7M |
| Q2 2025 | 392 | 64M | 77.2% | 66 / 149 | 135 / 53 | 9M | 7M |
| Q1 2025 | 383 | 62M | 74.7% | 66 / 139 | 127 / 100 | 12M | 8M |
| Q4 2024 | 422 | 58M | 70.3% | 82 / 140 | 159 / 34 | 6M | 9M |
| Q3 2024 | 382 | 62M | 75.0% | 64 / 129 | 137 / 40 | 11M | 5M |
| Q2 2024 | 361 | 62M | 75.4% | 89 / 124 | 107 / 56 | 13M | 14M |
| Q1 2024 | 330 | 64M | 77.4% | 55 / 118 | 115 / 24 | 5M | 4M |
| Q4 2023 | 302 | 62M | 75.1% | 54 / 104 | 106 / 40 | 8M | 4M |
| Q3 2023 | 291 | 58M | 70.6% | 39 / 111 | 126 / 49 | 5M | 5M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of AAON | Value | % of fund | As of |
|---|---|---|---|---|---|
| iShares Core S&P Mid-Cap ETF | 2,326,678 | 2.82% | $295.16M | 0.24% | Jun 30, 2026 |
| Vanguard Total Stock Market Index Fund | 2,210,288 | 2.68% | $280.40M | 0.01% | Jun 30, 2026 |
| Vanguard Small-Cap Index Fund | 1,597,259 | 1.94% | $202.63M | 0.11% | Jun 30, 2026 |
| First Trust RBA American Industrial Renaissance ETF | 1,419,305 | 1.72% | $180.05M | 1.57% | Jun 30, 2026 |
| SMALLCAP World Fund Inc | 1,061,442 | 1.29% | $134.65M | 0.14% | Jun 30, 2026 |
| Vanguard Explorer Fund | 980,812 | 1.19% | $87.35M | 0.39% | Jul 31, 2026 |
| Vanguard Small-Cap Growth Index Fund | 919,881 | 1.12% | $116.70M | 0.25% | Jun 30, 2026 |
| Wasatch Core Growth Fund | 811,449 | 0.98% | $102.94M | 3.45% | Jun 30, 2026 |
| Vanguard Extended Market Index Fund | 779,655 | 0.95% | $98.91M | 0.10% | Jun 30, 2026 |
| Fullerthaler Behavioral Small-Cap Growth | 605,000 | 0.73% | $76.75M | 1.24% | Jun 30, 2026 |
| Franklin Small-Mid Cap Growth Fund | 501,746 | 0.61% | $44.69M | 1.28% | Jul 31, 2026 |
| Conestoga Small Cap Fund | 480,000 | 0.58% | $60.89M | 2.98% | Jun 30, 2026 |
| Columbia Small Cap Growth Fund | 449,365 | 0.54% | $63.00M | 1.72% | May 31, 2026 |
| Spyglass Growth Fund | 417,868 | 0.51% | $53.01M | 5.27% | Jun 30, 2026 |
| iShares S&P Mid-Cap 400 Growth ETF | 406,786 | 0.49% | $51.60M | 0.46% | Jun 30, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Matthew Joseph Tobolski | Chief Executive Officer, Director | 335,785 | 0.41% | May 14, 2026 |
| Matthew Shaub | Executive Vice President | 3,801 | 0.00% | Aug 31, 2026 |
| Rebecca Thompson | Chief Accounting Officer | 27,681 | 0.03% | Jun 5, 2026 |
| Gordon Douglas Wichman | Executive Vice President | 18,539 | 0.02% | May 27, 2026 |
| Chung Kin Cheung | Chief Financial Officer | 17,541 | 0.02% | May 26, 2026 |
| Casey Kidwell | Chief Administration Officer | 15,745 | 0.02% | May 15, 2026 |
| Luke A. Bomer | General Counsel and Secretary | 747 | 0.00% | Apr 28, 2026 |
| David Raymond Stewart | Director | 13,876 | 0.02% | Sep 16, 2026 |
| Norman H. Asbjornson | Director, 10% owner | 12,793,322 | 15.52% | Sep 2, 2026 |
| Robert L. Buttermore | Director | 1,284 | 0.00% | Sep 1, 2026 |
| Patrick John Jermain | Director | 1,284 | 0.00% | Sep 1, 2026 |
| Gary D. Fields | Director | 30,751 | 0.04% | Jun 1, 2026 |
| Angela Kouplen | Director | 39,159 | 0.05% | May 14, 2026 |
| Bruce Ware | Director | 9,876 | 0.01% | May 14, 2026 |
| A. H. McElroy II | Director | 136,357 | 0.17% | May 14, 2026 |
| Caron A. Lawhorn | Director | 18,675 | 0.02% | May 14, 2026 |
| Stephen O. LeClair | Director | 31,566 | 0.04% | May 14, 2026 |
| Stephen E. Wakefield | – | 28,997 | 0.04% | Feb 3, 2026 |
| Christopher Douglas Eason | – | 6,241 | 0.01% | Oct 14, 2025 |
| Robert Teis | – | 15,149 | 0.02% | Mar 17, 2025 |
| David E. Benson | – | 221,567 | 0.27% | Mar 13, 2025 |
| Xerxes P. Gazder | – | 3,190 | 0.00% | Feb 18, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| David Raymond Stewart Director | Sep 15, 2026 | Buy | +1,000 | $74.66 | $74.66K | 4,000 |
| Norman H. Asbjornson Director, 10% owner | Sep 1, 2026 | Gift | −100,000 | – | – | 11,482,401 |
| Robert L. Buttermore Director | Sep 1, 2026 | Award | +1,284 | – | – | 1,284 |
| Patrick John Jermain Director | Sep 1, 2026 | Award | +1,284 | – | – | 1,284 |
| Matthew Shaub Executive Vice President | Aug 28, 2026 | Buy | +457 | $76.42 | $34.92K | 3,136 |
| Rebecca Thompson Chief Accounting Officer | Jun 2, 2026 | Sale | −4,230 | $143.42 | $606.67K | 0 |
| Norman H. Asbjornson Director, 10% owner | May 29, 2026 | Gift | −101,441 | – | – | 11,582,401 |
| Norman H. Asbjornson Director, 10% owner | May 29, 2026 | Gift | −88,000 | – | – | 1,201,290 |
| Gary D. Fields Director | May 29, 2026 | Sale | −19,000 | $140.20 | $2.66M | 15,252 |
| Gordon Douglas Wichman Executive Vice President | May 26, 2026 | Option exercise | +3,000 | $27.58 | $82.74K | 13,997 |
| Gordon Douglas Wichman Executive Vice President | May 26, 2026 | Sale | −3,000 | $140.39 | $421.17K | 10,997 |
| Gary D. Fields Director | May 26, 2026 | Option exercise | +21,173 | $48.91 | $1.04M | 55,425 |
| Gary D. Fields Director | May 26, 2026 | Sale | −21,173 | $140.34 | $2.97M | 34,252 |
| Casey Kidwell Chief Administration Officer | May 14, 2026 | Sale | −1,069 | $138.31 | $147.85K | 13,463 |
| Casey Kidwell Chief Administration Officer | May 14, 2026 | Option exercise | +2,084 | $79.73 | $166.16K | 15,547 |
| Casey Kidwell Chief Administration Officer | May 14, 2026 | Sale | −2,084 | $138.30 | $288.22K | 13,463 |
| Casey Kidwell Chief Administration Officer | May 14, 2026 | Option exercise | +1,069 | $82.39 | $88.07K | 14,532 |
| Gary D. Fields Director | May 13, 2026 | Sale | −19,081 | $137.60 | $2.63M | 34,252 |
| Gary D. Fields Director | May 13, 2026 | Option exercise | +19,081 | $36.13 | $689.40K | 53,333 |
| Matthew Joseph Tobolski Chief Executive Officer, Director | May 13, 2026 | Tax withholding | −467 | $135.37 | $63.22K | 17,872 |
| Matthew Joseph Tobolski Chief Executive Officer, Director | May 13, 2026 | Sale | −8,000 | $135.37 | $1.08M | 114,371 |
| Norman H. Asbjornson Director, 10% owner | May 12, 2026 | Award | +1,290 | – | – | 98,794 |
| Caron A. Lawhorn Director | May 12, 2026 | Award | +1,290 | – | – | 18,675 |
| Stephen O. LeClair Director | May 12, 2026 | Award | +1,290 | – | – | 31,566 |
| A. H. McElroy II Director | May 12, 2026 | Award | +1,290 | – | – | 75,380 |
| Angela Kouplen Director | May 12, 2026 | Award | +1,290 | – | – | 39,159 |
| Bruce Ware Director | May 12, 2026 | Award | +1,290 | – | – | 9,876 |
| David Raymond Stewart Director | May 12, 2026 | Award | +1,290 | – | – | 9,876 |
| Gary D. Fields Director | May 12, 2026 | Sale | −5,253 | $134.05 | $704.16K | 34,252 |
| Gary D. Fields Director | May 12, 2026 | Option exercise | +5,253 | $31.69 | $166.47K | 39,505 |
| Gary D. Fields Director | May 12, 2026 | Sale | −26,018 | $134.07 | $3.49M | 34,252 |
| Gary D. Fields Director | May 12, 2026 | Option exercise | +26,018 | $48.91 | $1.27M | 60,270 |
| Rebecca Thompson Chief Accounting Officer | May 7, 2026 | Option exercise | +9,672 | $29.48 | $285.13K | 37,353 |
| Rebecca Thompson Chief Accounting Officer | May 7, 2026 | Sale(10b5-1 plan) | −9,672 | $136.59 | $1.32M | 27,681 |
| Rebecca Thompson Chief Accounting Officer | Apr 27, 2026 | Sale(10b5-1 plan) | −400 | $100.27 | $40.11K | 27,681 |
| Rebecca Thompson Chief Accounting Officer | Apr 27, 2026 | Option exercise | +400 | $29.48 | $11.79K | 28,081 |
| Rebecca Thompson Chief Accounting Officer | Apr 24, 2026 | Option exercise | +21,914 | $29.48 | $646.02K | 27,681 |
| Rebecca Thompson Chief Accounting Officer | Apr 24, 2026 | Sale(10b5-1 plan) | −21,914 | $100.21 | $2.20M | 27,681 |
| Rebecca Thompson Chief Accounting Officer | Apr 24, 2026 | Option exercise | +21,914 | $29.48 | $646.02K | 49,595 |
| Rebecca Thompson Chief Accounting Officer | Apr 24, 2026 | Sale | −21,914 | $100.21 | $2.20M | 27,681 |
| Rebecca Thompson Chief Accounting Officer | Apr 23, 2026 | Option exercise | +7,292 | $29.48 | $214.97K | 27,681 |
| Rebecca Thompson Chief Accounting Officer | Apr 23, 2026 | Sale(10b5-1 plan) | −7,292 | $100.10 | $729.93K | 27,681 |
| Rebecca Thompson Chief Accounting Officer | Apr 23, 2026 | Option exercise | +7,292 | $29.48 | $214.97K | 34,973 |
| Rebecca Thompson Chief Accounting Officer | Apr 23, 2026 | Sale | −7,292 | $100.10 | $729.93K | 27,681 |
| Rebecca Thompson Chief Accounting Officer | Apr 21, 2026 | Option exercise | +2,287 | $29.48 | $67.42K | 27,681 |
| Rebecca Thompson Chief Accounting Officer | Apr 21, 2026 | Sale(10b5-1 plan) | −2,287 | $100.11 | $228.95K | 27,681 |
| Rebecca Thompson Chief Accounting Officer | Apr 21, 2026 | Option exercise | +2,287 | $29.48 | $67.42K | 29,968 |
| Rebecca Thompson Chief Accounting Officer | Apr 21, 2026 | Sale | −2,287 | $100.11 | $228.95K | 27,681 |
| Chung Kin Cheung Chief Financial Officer | Apr 20, 2026 | Award | +15,507 | – | – | 17,541 |
| Gary D. Fields Director | Mar 12, 2026 | Tax withholding | −1,025 | $91.51 | $93.80K | 34,586 |
| Gary D. Fields Director | Mar 12, 2026 | Tax withholding | −334 | $91.51 | $30.56K | 34,252 |
| Gordon Douglas Wichman Executive Vice President | Mar 12, 2026 | Tax withholding | −55 | $91.51 | $5.03K | 10,073 |
| Gordon Douglas Wichman Executive Vice President | Mar 12, 2026 | Tax withholding | −89 | $91.51 | $8.14K | 10,128 |
| Matthew Shaub Executive Vice President | Mar 12, 2026 | Tax withholding | −114 | $91.51 | $10.43K | 1,629 |
| Matthew Shaub Executive Vice President | Mar 12, 2026 | Tax withholding | −40 | $91.51 | $3.66K | 1,743 |
| Casey Kidwell Chief Administration Officer | Mar 12, 2026 | Tax withholding | −91 | $91.51 | $8.33K | 12,482 |
| Casey Kidwell Chief Administration Officer | Mar 12, 2026 | Tax withholding | −89 | $91.51 | $8.14K | 12,573 |
| Casey Kidwell Chief Administration Officer | Mar 12, 2026 | Sale | −2,840 | $90.00 | $255.60K | 12,662 |
| Casey Kidwell Chief Administration Officer | Mar 12, 2026 | Option exercise | +2,840 | $62.04 | $176.19K | 15,502 |
| Casey Kidwell Chief Administration Officer | Mar 12, 2026 | Sale | −831 | $90.00 | $74.79K | 12,662 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Gary D. Fields Officer | May 29, 2026 | 19,000 | $2.65M | May 29, 2026 | RSU's and PSU's |
| Gary D. Fields Director | May 26, 2026 | 21,173 | $2.97M | May 26, 2026 | Option Granted - 03/11/2021 |
| Gordon Douglas Wichman Officer | May 26, 2026 | 3,000 | $421.17K | May 26, 2026 | Option Granted - 03/11/2019 |
| Casey Kidwell Officer | May 14, 2026 | 3,153 | $436.07K | May 14, 2026 | Option Granted - 03/11/2024 |
| Irrevocable Trust DTD 12/21/2022 VBT Member of immediate family of any of the foregoing | May 13, 2026 | 8,000 | $1.08M | May 13, 2026 | BasX Acquisition By Aaon |
| Gary D. Fields Director | May 13, 2026 | 19,081 | $2.63M | May 13, 2026 | Option Granted - 03/15/2022 |
| Gary D. Fields Director | May 12, 2026 | 31,271 | $4.19M | May 12, 2026 | Option Granted - 05/12/2020 |
| Rebecca Thompson Officer | May 7, 2026 | 9,672 | $1.32M | May 7, 2026 | Option Granted 03/11/2020 |
| Rebecca Thompson Officer | Apr 27, 2026 | 400 | $40.11K | Apr 27, 2026 | Option Granted - 03/11/2020 |
| Rebecca Thompson Officer | Apr 24, 2026 | 21,914 | $2.20M | Apr 24, 2026 | Option Granted - 03/11/2020 |
| Rebecca Thompson Officer | Apr 23, 2026 | 7,292 | $729.95K | Apr 23, 2026 | Option Granted - 03/11/2020 |
| Rebecca Thompson Officer | Apr 21, 2026 | 2,287 | $228.95K | Apr 21, 2026 | Option Granted - 03/11/2020 |
| Casey Kidwell Officer | Mar 12, 2026 | 5,225 | $470.25K | Mar 12, 2026 | Options Granted - 03/15/2022 |
| Gary D. Fields Director | Nov 12, 2025 | 26,746 | $2.81M | Nov 11, 2025 | Options Granted-05/12/2020 |
| Gary D. Fields Officer | Nov 12, 2025 | 3,553 | $373.56K | Nov 12, 2025 | Option Granted - 05/12/2020 |