Capital Planning Advisors LLC Has $4.89 Million Position in Aon plc (NYSE:AON)

Capital Planning Advisors LLC grew its holdings in Aon plc (NYSE:AON) by 9.3% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 13,610 shares of the financial services provider’s stock after buying an additional 1,158 shares during the quarter. Capital Planning Advisors LLC’s holdings in AON were worth $4,888,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in AON. Endeavor Private Wealth Inc. bought a new position in AON during the 4th quarter valued at about $29,000. Anchor Investment Management LLC raised its holdings 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 purchasing an additional 93 shares during the last quarter. First Personal Financial Services bought a new stake in shares of AON during the third quarter worth approximately $37,000. RPg Family Wealth Advisory LLC bought a new stake in shares of AON during the 3rd quarter valued at $42,000. Finally, Eastern Bank bought a new stake in AON in the third quarter valued at about $43,000. 86.14% of the stock is currently owned by institutional investors and hedge funds.

AON Stock Performance

AON opened at $367.27 on Thursday. 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 stock has a market cap of $79.43 billion, a price-to-earnings ratio of 30.99, a PEG ratio of 2.00 and a beta of 0.93. Aon plc has a 12-month low of $268.06 and a 12-month high of $395.33. The business has a 50 day moving average of $367.82 and a 200-day moving average of $350.52.

AON Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, February 14th. Investors of record on Monday, February 3rd will be paid a $0.675 dividend. The ex-dividend date is Monday, February 3rd. This represents a $2.70 dividend on an annualized basis and a yield of 0.74%. AON’s dividend payout ratio (DPR) is currently 22.78%.

Insiders Place Their Bets

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

Wall Street Analysts Forecast Growth

AON has been the subject of several analyst reports. JPMorgan Chase & Co. boosted their target price on AON from $379.00 to $394.00 and gave the stock an “overweight” rating in a research report on Friday, January 3rd. Bank of America boosted their target price on AON from $345.00 to $375.00 and gave the company an “underperform” rating in a research note on Thursday, October 10th. Wells Fargo & Company raised shares of AON from an “equal weight” rating to an “overweight” rating and lifted their price target for the company from $377.00 to $410.00 in a research note on Tuesday, January 14th. Keefe, Bruyette & Woods decreased their price objective on AON from $415.00 to $411.00 and set an “outperform” rating for the company in a report on Friday, January 10th. Finally, Evercore ISI upgraded shares of 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 note on Wednesday, January 8th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and five have given a buy rating to the company. According to MarketBeat, AON presently has an average rating of “Hold” and a consensus price target of $370.87.

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.