Aon plc (NYSE:AON) Shares Sold by Oxford Financial Group LTD. LLC

Oxford Financial Group LTD. LLC cut its stake in shares of Aon plc (NYSE:AON) by 51.0% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 4,196 shares of the financial services provider’s stock after selling 4,361 shares during the period. Oxford Financial Group LTD. LLC’s holdings in AON were worth $1,507,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of AON. Endeavor Private Wealth Inc. acquired a new position in AON during the 4th quarter worth approximately $29,000. Richardson Financial Services Inc. lifted its position in AON by 2,025.0% during the 4th 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 lifted its position in AON by 1,162.5% during the 3rd 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 acquired a new position in AON during the 4th quarter worth approximately $39,000. Finally, Kestra Investment Management LLC acquired a new position in AON during the 4th quarter worth approximately $39,000. 86.14% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

AON has been the topic of several analyst reports. Keefe, Bruyette & Woods lifted their price objective on AON from $411.00 to $414.00 and gave the stock an “outperform” rating in a report on Wednesday, February 5th. Piper Sandler lifted their price objective on AON from $372.00 to $384.00 and gave the stock a “neutral” rating in a report on Monday, February 3rd. Wells Fargo & Company lifted their price objective on AON from $410.00 to $445.00 and gave the stock an “overweight” rating in a report on Monday, February 3rd. JPMorgan Chase & Co. lifted their price objective on AON from $379.00 to $394.00 and gave the stock an “overweight” rating in a report on Friday, January 3rd. Finally, Barclays lifted their price objective on AON from $394.00 to $440.00 and gave the stock an “overweight” rating in a report on Thursday, November 21st. One analyst has rated the stock with a sell rating, seven have given a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, AON currently has an average rating of “Hold” and a consensus price target of $386.21.

AON Trading Up 0.7 %

Shares of AON stock opened at $393.10 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 firm has a market cap of $84.91 billion, a price-to-earnings ratio of 31.05, a price-to-earnings-growth ratio of 2.12 and a beta of 0.92. The business has a fifty day simple moving average of $384.60 and a 200-day simple moving average of $370.09. Aon plc has a fifty-two week low of $268.06 and a fifty-two week high of $412.97.

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 the consensus estimate 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 last year, the business earned $3.89 earnings per share. On average, equities analysts forecast that Aon plc will post 17.21 EPS for the current fiscal year.

AON Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 14th. Stockholders of record on Monday, February 3rd were issued a $0.675 dividend. The ex-dividend date was Monday, February 3rd. This represents a $2.70 annualized dividend and a dividend yield of 0.69%. AON’s dividend payout ratio (DPR) is 21.33%.

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.