Aon plc (NYSE:AON) Stock Position Raised by Dynasty Wealth Management LLC

Dynasty Wealth Management LLC grew its stake in shares of Aon plc (NYSE:AON) by 9.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,043 shares of the financial services provider’s stock after purchasing an additional 334 shares during the quarter. Dynasty Wealth Management LLC’s holdings in AON were worth $1,452,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Endeavor Private Wealth Inc. bought a new stake in AON in the 4th quarter valued at about $29,000. Richardson Financial Services Inc. raised its holdings in shares of AON by 2,025.0% during the fourth quarter. Richardson Financial Services Inc. now owns 85 shares of the financial services provider’s stock valued at $30,000 after buying an additional 81 shares during the last quarter. Anchor Investment Management LLC grew its holdings in AON by 1,162.5% in the 3rd quarter. Anchor Investment Management LLC now owns 101 shares of the financial services provider’s stock worth $35,000 after buying an additional 93 shares in the last quarter. First Personal Financial Services bought a new stake in AON during the 3rd quarter valued at $37,000. Finally, Centricity Wealth Management LLC acquired a new position in AON during the 4th quarter worth $39,000. Institutional investors and hedge funds own 86.14% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on AON shares. Wells Fargo & Company raised their price target on AON from $410.00 to $445.00 and gave the company an “overweight” rating in a report on Monday, February 3rd. JPMorgan Chase & Co. upped their price target on shares of AON from $379.00 to $394.00 and gave the stock an “overweight” rating in a research note on Friday, January 3rd. Barclays raised their price objective on shares of AON from $394.00 to $440.00 and gave the company an “overweight” rating in a research note on Thursday, November 21st. BMO Capital Markets upped their target price on AON from $325.00 to $380.00 and gave the stock a “market perform” rating in a research report on Monday, November 4th. Finally, Evercore ISI upgraded 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 report on Wednesday, January 8th. 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. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $386.21.

AON Trading Up 1.1 %

NYSE AON opened at $403.61 on Friday. The firm’s 50 day moving average price is $371.87 and its two-hundred day moving average price is $363.54. The company has a debt-to-equity ratio of 2.58, a quick ratio of 1.40 and a current ratio of 1.40. Aon plc has a twelve month low of $268.06 and a twelve month high of $408.26. The stock has a market cap of $87.18 billion, a price-to-earnings ratio of 31.88, a PEG ratio of 2.12 and a beta of 0.93.

AON (NYSE:AON) last posted its quarterly earnings results 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 quarter last year, the business earned $3.89 EPS. Equities analysts anticipate that Aon plc will post 17.21 EPS for the current year.

AON Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, February 14th. Investors of record on Monday, February 3rd were issued a dividend of $0.675 per share. This represents a $2.70 annualized dividend and a dividend yield of 0.67%. The ex-dividend date was Monday, February 3rd. AON’s dividend payout ratio is currently 21.33%.

AON 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.