Retireful LLC Invests $759,000 in Aon plc (NYSE:AON)

Retireful LLC acquired a new stake in shares of Aon plc (NYSE:AON) in the third quarter, HoldingsChannel.com reports. The firm acquired 2,195 shares of the financial services provider’s stock, valued at approximately $759,000.

A number of other institutional investors also recently bought and sold shares of the company. Y.D. More Investments Ltd bought a new position in shares of AON in the 2nd quarter worth approximately $31,000. First Personal Financial Services bought a new position in AON in the third quarter worth approximately $37,000. Eastern Bank purchased a new position in shares of AON during the 3rd quarter worth $43,000. Nemes Rush Group LLC purchased a new stake in shares of AON in the 2nd quarter worth $45,000. Finally, LRI Investments LLC bought a new position in AON in the 1st quarter worth $55,000. Institutional investors own 86.14% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have commented on the company. Evercore ISI upped their price target on AON from $338.00 to $384.00 and gave the stock an “in-line” rating in a research report on Wednesday, October 9th. Piper Sandler raised their target price on shares of AON from $312.00 to $335.00 and gave the stock a “neutral” rating in a research note on Monday, July 29th. TD Cowen increased their price objective on shares of AON from $413.00 to $432.00 in a research note on Thursday, October 24th. Wells Fargo & Company upgraded shares of AON from an “underweight” rating to an “equal weight” rating and lifted their target price for the company from $315.00 to $377.00 in a research note on Monday, October 28th. Finally, Jefferies Financial Group increased their target price on AON from $344.00 to $365.00 and gave the stock a “hold” rating in a research report on Wednesday, October 9th. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $359.19.

AON Trading Down 0.4 %

AON stock opened at $379.16 on Wednesday. Aon plc has a twelve month low of $268.06 and a twelve month high of $389.21. The stock has a market capitalization of $82.00 billion, a price-to-earnings ratio of 32.00, a price-to-earnings-growth ratio of 2.38 and a beta of 0.91. The company has a quick ratio of 2.05, a current ratio of 2.05 and a debt-to-equity ratio of 2.66. The firm’s fifty day simple moving average is $360.28 and its two-hundred day simple moving average is $325.88.

AON Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Friday, November 1st were paid a $0.675 dividend. This represents a $2.70 annualized dividend and a yield of 0.71%. The ex-dividend date was Friday, November 1st. AON’s payout ratio is currently 22.78%.

AON Profile

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.