Aon plc (NYSE:AON) Shares Sold by Stanley Laman Group Ltd.

Stanley Laman Group Ltd. cut its stake in shares of Aon plc (NYSE:AON) by 0.9% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 12,332 shares of the financial services provider’s stock after selling 106 shares during the period. Stanley Laman Group Ltd.’s holdings in AON were worth $4,429,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the stock. Fiera Capital Corp raised its position in AON by 2.6% during the fourth quarter. Fiera Capital Corp now owns 497,294 shares of the financial services provider’s stock worth $178,608,000 after acquiring an additional 12,733 shares during the period. Van ECK Associates Corp acquired a new position in AON during the fourth quarter worth $12,794,000. Marks Group Wealth Management Inc raised its position in shares of AON by 1.3% in the fourth quarter. Marks Group Wealth Management Inc now owns 24,847 shares of the financial services provider’s stock valued at $8,924,000 after buying an additional 319 shares during the last quarter. TCV Trust & Wealth Management Inc. acquired a new stake in shares of AON in the fourth quarter valued at about $400,000. Finally, Community Bank & Trust Waco Texas acquired a new stake in shares of AON in the fourth quarter valued at about $222,000. 86.14% of the stock is currently owned by institutional investors and hedge funds.

AON Price Performance

Shares of AON opened at $386.81 on Thursday. Aon plc has a 1-year low of $268.06 and a 1-year high of $395.33. The stock has a market cap of $83.66 billion, a PE ratio of 30.55, a P/E/G ratio of 2.09 and a beta of 0.93. The firm has a 50-day simple moving average of $365.26 and a two-hundred day simple moving average of $358.47. The company has a debt-to-equity ratio of 2.58, a current ratio of 1.40 and a quick ratio of 2.05.

AON (NYSE:AON) last announced its quarterly earnings data on Friday, January 31st. The financial services provider reported $4.42 earnings per share for the quarter, beating analysts’ consensus estimates of $4.25 by $0.17. AON had a net margin of 16.91% and a return on equity of 70.84%. During the same period in the previous year, the company earned $3.89 earnings per share. As a group, analysts forecast that Aon plc will post 17.24 EPS for the current year.

AON Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 14th. Investors of record on Monday, February 3rd will be issued a $0.675 dividend. This represents a $2.70 dividend on an annualized basis and a dividend yield of 0.70%. The ex-dividend date is Monday, February 3rd. AON’s dividend payout ratio (DPR) is currently 21.33%.

Analyst Ratings Changes

AON has been the subject of a number of recent research reports. TD Cowen increased their target price on shares of AON from $413.00 to $432.00 in a research report on Thursday, October 24th. Wells Fargo & Company increased their target price on shares of AON from $410.00 to $445.00 and gave the company an “overweight” rating in a research report on Monday, February 3rd. Keefe, Bruyette & Woods increased their target price on shares of AON from $411.00 to $414.00 and gave the company an “outperform” rating in a research report on Wednesday, February 5th. BMO Capital Markets increased their target price on shares of AON from $325.00 to $380.00 and gave the company a “market perform” rating in a research report on Monday, November 4th. Finally, Royal Bank of Canada upped their price objective on shares of AON from $390.00 to $400.00 and gave the company a “sector perform” rating in a report on Monday, February 3rd. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $386.21.

Insider Activity at AON

In other news, insider Lisa Stevens sold 1,275 shares of AON stock in a transaction on Tuesday, November 26th. The shares were sold at an average price of $387.68, for a total value of $494,292.00. Following the transaction, the insider now directly owns 8,077 shares of the company’s stock, valued at $3,131,291.36. The trade was a 13.63 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, COO Mindy F. Simon sold 650 shares of AON stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of $394.34, for a total transaction of $256,321.00. Following the completion of the transaction, the chief operating officer now directly owns 1,816 shares in the company, valued at $716,121.44. The trade was a 26.36 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.30% of the company’s stock.

AON Company 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.