In its Q2 2026 investor letter, Giverny Capital Asset Management highlighted AAON, Inc. (NASDAQ:AAON).
AAON, Inc. (NASDAQ:AAON) designs and manufactures high-efficiency air conditioning and heating equipment
On July 21, 2026, AAON, Inc. (NASDAQ:AAON) closed at $105.61 per share, reflecting a market capitalization of $8.65 billion. AAON, Inc. (NASDAQ:AAON) posted a one-month return of -19.75%, while its shares gained 34.11% over the past 52 weeks. Giverny Capital Asset Management stated the following regarding AAON, Inc. (NASDAQ:AAON) in its Q2 2026 investor update: “This push and pull between greed and fear creates itchy trigger fingers.
In May, we had a single day in which one of our holdings, AAON, Inc. (NASDAQ:AAON), reported strong earnings and saw its stock rise 31%, AAON has a terrific business unit that makes cooling systems for data centers, where demand is strong. Upward we go! [Reality check: AAON subsequently gave back a fair amount of the one-day increase.]” AAON, Inc. (NASDAQ:AAON) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 30 hedge fund portfolios held AAON, Inc. (NASDAQ:AAON) at the end of the first quarter, compared to 36 in the previous quarter.