Aon plc (NYSE:AON) Shares Purchased by Captrust Financial Advisors

Captrust Financial Advisors raised its holdings in Aon plc (NYSE:AON) by 11.2% during the third quarter, HoldingsChannel reports. The firm owned 23,056 shares of the financial services provider’s stock after buying an additional 2,315 shares during the period. Captrust Financial Advisors’ holdings in AON were worth $7,977,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the business. Valley Wealth Managers Inc. raised its stake in AON by 3.3% during the 3rd quarter. Valley Wealth Managers Inc. now owns 886 shares of the financial services provider’s stock valued at $307,000 after acquiring an additional 28 shares during the last quarter. CVA Family Office LLC raised its stake in shares of AON by 8.4% during the third quarter. CVA Family Office LLC now owns 373 shares of the financial services provider’s stock worth $129,000 after purchasing an additional 29 shares during the last quarter. Amplius Wealth Advisors LLC lifted its holdings in shares of AON by 2.4% during the third quarter. Amplius Wealth Advisors LLC now owns 1,331 shares of the financial services provider’s stock worth $460,000 after purchasing an additional 31 shares during the period. Intellectus Partners LLC grew its position in AON by 3.2% in the 3rd quarter. Intellectus Partners LLC now owns 992 shares of the financial services provider’s stock valued at $343,000 after buying an additional 31 shares during the last quarter. Finally, waypoint wealth counsel increased its stake in AON by 3.6% in the 3rd quarter. waypoint wealth counsel now owns 927 shares of the financial services provider’s stock valued at $321,000 after buying an additional 32 shares during the period. Institutional investors and hedge funds own 86.14% of the company’s stock.

Insider Buying and Selling

In other AON news, insider Lisa Stevens sold 1,275 shares of the firm’s stock in a transaction dated Tuesday, November 26th. The shares were sold at an average price of $387.68, for a total transaction of $494,292.00. Following the sale, the insider now directly owns 8,077 shares of the company’s stock, valued at $3,131,291.36. This trade represents a 13.63 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 1.30% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several brokerages have recently weighed in on AON. Keefe, Bruyette & Woods lifted their target price on shares of AON from $385.00 to $415.00 and gave the company an “outperform” rating in a report on Tuesday, October 29th. Evercore ISI boosted their target price on AON from $338.00 to $384.00 and gave the stock an “in-line” rating in a research report on Wednesday, October 9th. TD Cowen raised their price target on AON from $413.00 to $432.00 in a report on Thursday, October 24th. Deutsche Bank Aktiengesellschaft upped their price objective on AON from $311.00 to $353.00 and gave the stock a “hold” rating in a report on Monday, August 26th. Finally, Royal Bank of Canada reissued a “sector perform” rating and issued a $335.00 target price on shares of AON in a report on Monday, August 5th. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, AON has a consensus rating of “Hold” and a consensus price target of $362.06.

AON Price Performance

AON stock opened at $391.54 on Monday. The stock’s 50 day moving average price is $366.76 and its 200 day moving average price is $331.55. The firm has a market cap of $84.68 billion, a P/E ratio of 33.04, a PEG ratio of 2.45 and a beta of 0.91. The company has a debt-to-equity ratio of 2.66, a quick ratio of 2.05 and a current ratio of 2.05. Aon plc has a 1 year low of $268.06 and a 1 year high of $395.33.

AON Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Investors of record on Friday, November 1st were paid a dividend of $0.675 per share. This represents a $2.70 dividend on an annualized basis and a dividend yield of 0.69%. The ex-dividend date was Friday, November 1st. AON’s payout ratio is currently 22.78%.

About AON

Aon plc, a professional services firm, provides a range of risk and human capital solutions worldwide. It offers commercial risk solutions, including retail brokerage, specialty solutions, global risk consulting and captives management, and affinity programs; and health solutions, such as health and benefits brokerages, and health care exchanges.