Aon plc $AON Shares Purchased by West Family Investments Inc.

West Family Investments Inc. raised its holdings in Aon plc (NYSE:AON) by 28.1% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,878 shares of the financial services provider’s stock after buying an additional 412 shares during the quarter. West Family Investments Inc.’s holdings in AON were worth $670,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of AON. Saudi Central Bank purchased a new position in shares of AON in the 1st quarter worth $31,000. Atlantic Union Bankshares Corp purchased a new position in shares of AON in the 2nd quarter worth about $31,000. Pinnacle Bancorp Inc. lifted its stake in shares of AON by 56.9% in the 2nd quarter. Pinnacle Bancorp Inc. now owns 91 shares of the financial services provider’s stock valued at $32,000 after purchasing an additional 33 shares in the last quarter. Trust Co. of Toledo NA OH purchased a new stake in shares of AON during the 2nd quarter worth about $32,000. Finally, Accent Capital Management LLC acquired a new stake in AON during the 1st quarter worth approximately $40,000. Institutional investors and hedge funds own 86.14% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have issued reports on the stock. Wolfe Research initiated coverage on shares of AON in a research note on Monday, September 15th. They set a “peer perform” rating for the company. Barclays reaffirmed an “equal weight” rating and set a $379.00 price target (down from $420.00) on shares of AON in a research report on Thursday, November 20th. Wells Fargo & Company decreased their target price on AON from $451.00 to $448.00 and set an “overweight” rating for the company in a research report on Wednesday, October 8th. Evercore ISI increased their price objective on shares of AON from $427.00 to $435.00 and gave the company an “outperform” rating in a research report on Monday, November 3rd. Finally, UBS Group lowered their price target on shares of AON from $400.00 to $390.00 and set a “neutral” rating for the company in a report on Monday, November 10th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, AON has a consensus rating of “Moderate Buy” and an average price target of $416.56.

AON Price Performance

Shares of NYSE AON opened at $354.14 on Friday. The company has a current ratio of 1.52, a quick ratio of 1.52 and a debt-to-equity ratio of 1.93. The company has a market capitalization of $76.12 billion, a price-to-earnings ratio of 29.66, a price-to-earnings-growth ratio of 1.92 and a beta of 0.86. Aon plc has a twelve month low of $323.73 and a twelve month high of $412.97. The business has a 50 day simple moving average of $349.21 and a 200-day simple moving average of $357.15.

AON (NYSE:AON) last released its quarterly earnings data on Friday, October 31st. The financial services provider reported $3.05 EPS for the quarter, topping analysts’ consensus estimates of $2.91 by $0.14. The firm had revenue of $4 billion during the quarter, compared to the consensus estimate of $3.97 billion. AON had a net margin of 15.54% and a return on equity of 50.91%. The firm’s revenue was up 7.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.72 earnings per share. As a group, equities research analysts expect that Aon plc will post 17.21 earnings per share for the current year.

AON Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 14th. Investors of record on Monday, November 3rd were paid a dividend of $0.745 per share. The ex-dividend date was Monday, November 3rd. This represents a $2.98 annualized dividend and a yield of 0.8%. AON’s dividend payout ratio is 23.88%.

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.