Natixis Advisors LLC Sells 7,287 Shares of Aon plc (NYSE:AON)

Natixis Advisors LLC cut its position in shares of Aon plc (NYSE:AON) by 2.5% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 280,164 shares of the financial services provider’s stock after selling 7,287 shares during the quarter. Natixis Advisors LLC owned about 0.13% of AON worth $100,624,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in the company. Endeavor Private Wealth Inc. bought a new stake in AON in the fourth quarter worth $29,000. Richardson Financial Services Inc. boosted its holdings in AON by 2,025.0% in the fourth quarter. Richardson Financial Services Inc. now owns 85 shares of the financial services provider’s stock worth $30,000 after acquiring an additional 81 shares in the last quarter. Anchor Investment Management LLC boosted its holdings in AON by 1,162.5% in the third quarter. Anchor Investment Management LLC now owns 101 shares of the financial services provider’s stock worth $35,000 after acquiring an additional 93 shares in the last quarter. Centricity Wealth Management LLC bought a new stake in AON in the fourth quarter worth $39,000. Finally, Kestra Investment Management LLC bought a new stake in AON in the fourth quarter worth $39,000. 86.14% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have commented on AON shares. Barclays boosted their target price on AON from $394.00 to $440.00 and gave the stock an “overweight” rating in a report on Thursday, November 21st. Evercore ISI upgraded AON from an “in-line” rating to an “outperform” rating and boosted their price target for the stock from $407.00 to $420.00 in a research note on Wednesday, January 8th. Piper Sandler boosted their price target on AON from $372.00 to $384.00 and gave the stock a “neutral” rating in a research note on Monday, February 3rd. Royal Bank of Canada boosted their price target on AON from $390.00 to $400.00 and gave the stock a “sector perform” rating in a research note on Monday, February 3rd. Finally, JPMorgan Chase & Co. boosted their price target on AON from $379.00 to $394.00 and gave the stock an “overweight” rating in a research note on Friday, January 3rd. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $386.21.

AON Stock Performance

Shares of AON opened at $399.34 on Friday. The company has a quick ratio of 1.40, a current ratio of 1.40 and a debt-to-equity ratio of 2.58. The business has a 50-day simple moving average of $381.36 and a two-hundred day simple moving average of $368.92. The stock has a market cap of $86.26 billion, a price-to-earnings ratio of 31.54, a PEG ratio of 2.12 and a beta of 0.92. Aon plc has a 52 week low of $268.06 and a 52 week high of $412.97.

AON (NYSE:AON) last issued its quarterly earnings results on Friday, January 31st. The financial services provider reported $4.42 EPS for the quarter, topping analysts’ consensus estimates of $4.25 by $0.17. AON had a return on equity of 70.84% and a net margin of 16.91%. During the same period in the previous year, the business earned $3.89 earnings per share. On average, analysts expect that Aon plc will post 17.21 EPS for the current year.

AON Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 14th. Stockholders of record on Monday, February 3rd were paid a $0.675 dividend. This represents a $2.70 dividend on an annualized basis and a dividend yield of 0.68%. The ex-dividend date of this dividend was Monday, February 3rd. AON’s dividend payout ratio (DPR) is 21.33%.

AON Profile

Aon Plc engages in the provision of risk, health, and wealth solutions. It focuses on risk capital including claim management, reinsurance, risk analysis, management, retention, and transfer; and human capital involving analytics, health and benefits, investments, pensions and retirement, talent and rewards, and workplace wellbeing.