AON (NYSE:AON) Price Target Raised to $364.00

AON (NYSE:AON) had its price target upped by Wells Fargo & Company from $323.00 to $364.00 in a research note released on Monday morning,Benzinga reports. The brokerage currently has an overweight rating on the financial services provider’s stock.

AON has been the topic of several other research reports. The Goldman Sachs Group raised their target price on shares of AON from $375.00 to $401.00 and gave the company a “buy” rating in a research note on Friday, July 31st. BMO Capital Markets dropped their price target on shares of AON from $360.00 to $286.00 and set a “market perform” rating on the stock in a research report on Thursday, October 1st. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of AON in a research note on Tuesday, September 1st. UBS Group reiterated a “neutral” rating on shares of AON in a report on Monday, August 31st. Finally, Morgan Stanley lowered their price objective on shares of AON from $410.00 to $350.00 and set an “overweight” rating on the stock in a research note on Tuesday, October 6th. Thirteen analysts have rated the stock with a Buy rating, six have given a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $369.12.

AON Price Performance

Shares of AON opened at $344.87 on Monday. The firm has a market capitalization of $73.17 billion, a price-to-earnings ratio of 17.85, a price-to-earnings-growth ratio of 1.74 and a beta of 0.63. The company has a debt-to-equity ratio of 2.58, a quick ratio of 4.72 and a current ratio of 4.72. AON has a one year low of $266.33 and a one year high of $382.34. The stock’s fifty day moving average is $300.96 and its 200-day moving average is $325.95.

AON (NYSE:AON) last issued its quarterly earnings data on Wednesday, October 28th. The financial services provider reported $3.36 earnings per share for the quarter, beating analysts’ consensus estimates of $3.30 by $0.06. The business had revenue of $4.10 billion for the quarter, compared to analysts’ expectations of $4.08 billion. AON had a net margin of 22.24% and a return on equity of 40.46%. The company’s revenue was up 2.6% on a year-over-year basis. During the same period in the previous year, the business earned $3.05 earnings per share. Equities analysts anticipate that AON will post 18.49 EPS for the current year.

AON Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, November 13th. Investors of record on Monday, November 2nd will be issued a dividend of $0.82 per share. This represents a $3.28 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend is Monday, November 2nd. AON’s payout ratio is presently 17.96%.

Insider Transactions at AON

In other AON news, Director Lester Knight purchased 20,000 shares of the company’s stock in a transaction on Wednesday, September 2nd. The shares were purchased at an average cost of $327.48 per share, for a total transaction of $6,549,600.00. Following the completion of the transaction, the director owned 163,000 shares in the company, valued at $53,379,240. The trade was a 13.99% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.00% of the stock is currently owned by insiders.

Institutional Investors Weigh In On AON

A number of institutional investors and hedge funds have recently bought and sold shares of AON. Keybank National Association OH grew its stake in shares of AON by 582.5% in the 3rd quarter. Keybank National Association OH now owns 48,914 shares of the financial services provider’s stock worth $13,538,000 after purchasing an additional 41,747 shares during the last quarter. 71 West Capital Partners raised its holdings in shares of AON by 1,624.3% in the 3rd quarter. 71 West Capital Partners now owns 32,486 shares of the financial services provider’s stock worth $8,991,000 after purchasing an additional 30,602 shares in the last quarter. Alpha Family Trust lifted its stake in AON by 450.7% during the third quarter. Alpha Family Trust now owns 3,800 shares of the financial services provider’s stock valued at $1,052,000 after purchasing an additional 3,110 shares during the last quarter. Retirement Systems of Alabama lifted its stake in AON by 2,986.4% during the third quarter. Retirement Systems of Alabama now owns 1,384,829 shares of the financial services provider’s stock valued at $383,279,000 after purchasing an additional 1,339,960 shares during the last quarter. Finally, StoneRidge PMG Advisors LLC bought a new stake in AON during the third quarter worth approximately $4,699,000. 86.14% of the stock is owned by institutional investors and hedge funds.

AON News Summary

Here are the key news stories impacting AON this week:

• Positive Sentiment: Analyst sentiment has improved overall. BMO upgraded AON to “outperform” and raised its price target to $380 from $319. Raymond James also upgraded the stock, while Cantor Fitzgerald and Wells Fargo analysts were reported as expecting shares to rise. Read More., Read More., Read More., Read More..
• Positive Sentiment: Q3 results showed modest growth and beat estimates. Aon reported adjusted earnings of $3.36 per share versus the $3.30 consensus and revenue of $4.10 billion versus $4.08 billion. Investors are also watching the pending USI closing. Read More..
• Positive Sentiment: Aon expanded its client treaty for 2027. The renewed Aon Client Treaty will provide 35% co-insurance on eligible business, up from 28.5% in 2026, and extend the 1.5% client dividend to a larger share of eligible placements. This could strengthen the appeal of Aon’s broking and reinsurance services. Read More..
• Neutral Sentiment: Aon and Munich Re introduced a parametric pandemic insurance solution for Indonesia and the Philippines, broadening their offerings, though the near-term revenue impact is unclear. Read More..
• Neutral Sentiment: Aon says growing capacity and alternative capital are giving insurance buyers more options and easing pricing. This may support placement activity, but softer prices could also weigh on premiums and related brokerage revenue. Read More..
• Negative Sentiment: UBS cut its price target on AON, a cautionary view amid otherwise favorable analyst headlines. Read More..

About AON

Aon plc is a global professional services firm that helps organizations manage risk, make informed decisions and improve workforce outcomes. Its services span commercial risk, health, retirement and investments, and data and analytics.

The company provides insurance brokerage and risk-management services, including coverage placement, claims support, risk transfer and consulting. Through its reinsurance business, Aon also serves insurers and other organizations seeking to manage catastrophe, capital and underwriting risks.

Aon’s human capital offerings include employee benefits consulting, retirement advisory services, talent and compensation consulting, and health and workforce solutions.