GFI Investment Counsel Ltd. Has $57.51 Million Stock Holdings in Aon plc (NYSE:AON)

GFI Investment Counsel Ltd. raised its position in shares of Aon plc (NYSE:AON) by 3.2% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 160,127 shares of the financial services provider’s stock after purchasing an additional 4,973 shares during the period. AON accounts for approximately 6.6% of GFI Investment Counsel Ltd.’s holdings, making the stock its 10th biggest position. GFI Investment Counsel Ltd. owned approximately 0.07% of AON worth $57,511,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in AON. Nemes Rush Group LLC acquired a new stake in AON in the 4th quarter valued at approximately $55,000. National Bank of Canada FI increased its holdings in shares of AON by 909.6% during the fourth quarter. National Bank of Canada FI now owns 254,581 shares of the financial services provider’s stock valued at $91,438,000 after purchasing an additional 229,366 shares during the period. HighPoint Advisor Group LLC raised its stake in shares of AON by 1.5% during the fourth quarter. HighPoint Advisor Group LLC now owns 3,706 shares of the financial services provider’s stock valued at $1,420,000 after purchasing an additional 56 shares in the last quarter. Franklin Resources Inc. lifted its holdings in AON by 17.8% in the fourth quarter. Franklin Resources Inc. now owns 67,305 shares of the financial services provider’s stock worth $24,173,000 after purchasing an additional 10,192 shares during the period. Finally, Summit Financial LLC increased its stake in AON by 7.2% during the 4th quarter. Summit Financial LLC now owns 655 shares of the financial services provider’s stock valued at $235,000 after buying an additional 44 shares during the period. Institutional investors and hedge funds own 86.14% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently issued reports on the stock. Piper Sandler increased their price objective on shares of AON from $372.00 to $384.00 and gave the company a “neutral” rating in a report on Monday, February 3rd. Evercore ISI upgraded AON from an “in-line” rating to an “outperform” rating and lifted their price target for the company from $407.00 to $420.00 in a research report on Wednesday, January 8th. Royal Bank of Canada upped their price objective on AON from $390.00 to $400.00 and gave the company a “sector perform” rating in a report on Monday, February 3rd. JPMorgan Chase & Co. boosted their price target on shares of AON from $379.00 to $394.00 and gave the stock an “overweight” rating in a research report on Friday, January 3rd. Finally, Wells Fargo & Company lifted their price objective on shares of AON from $410.00 to $445.00 and gave the stock an “overweight” rating in a research note on Monday, February 3rd. One analyst has rated the stock with a sell rating, eight have issued a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $386.21.

AON Price Performance

AON opened at $398.63 on Tuesday. Aon plc has a 12-month low of $268.06 and a 12-month high of $412.97. 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 firm has a market capitalization of $86.10 billion, a P/E ratio of 31.49, a PEG ratio of 2.12 and a beta of 0.92. The stock has a fifty day moving average of $389.38 and a 200-day moving average of $372.75.

AON (NYSE:AON) last announced its quarterly earnings data 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 quarter last year, the firm posted $3.89 earnings per share. Equities analysts forecast that Aon plc will post 17.21 EPS for the current fiscal year.

AON Dividend Announcement

The business also recently declared 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 was Monday, February 3rd. AON’s dividend payout ratio (DPR) is presently 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.