Natixis Advisors LLC cut its position in shares of Aon plc (NYSE:AON – Free Report) 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 – Get Free Report) 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.
Recommended Stories
- Five stocks we like better than AON
- Conference Calls and Individual Investors
- Ignore Reports, Apple Won’t Install Starlink with iOS 18.3
- What is a Dividend Harvesting Strategy and How Can Investors Profit from it?
- Casey’s Uptrend Remains Strong—New Highs on the Horizon
- The How and Why of Investing in Gold Stocks
- Taiwan Semiconductor’s Huge U.S. Move—Stock Impact Ahead
Want to see what other hedge funds are holding AON? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Aon plc (NYSE:AON – Free Report).
Receive News & Ratings for AON Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AON and related companies with MarketBeat.com's FREE daily email newsletter.