Brokerages Set Aon plc (NYSE:AON) PT at $386.21

Shares of Aon plc (NYSE:AON) have received an average rating of “Hold” from the fourteen research firms that are covering the firm, MarketBeat reports. One analyst has rated the stock with a sell recommendation, eight have given a hold recommendation and five have assigned a buy recommendation to the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $391.13.

A number of research analysts have recently commented on the company. Redburn Partners set a $445.00 price target on AON in a research note on Tuesday, March 25th. JPMorgan Chase & Co. lifted their price target on shares of AON from $394.00 to $409.00 and gave the company an “overweight” rating in a research report on Tuesday. Piper Sandler upped their price objective on shares of AON from $372.00 to $384.00 and gave the stock a “neutral” rating in a research report on Monday, February 3rd. Royal Bank of Canada upped their price objective on AON from $390.00 to $400.00 and gave the company a “sector perform” rating in a research note on Monday, February 3rd. Finally, Evercore ISI raised AON from an “in-line” rating to an “outperform” rating and increased their price objective for the stock from $407.00 to $420.00 in a report on Wednesday, January 8th.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Edgestream Partners L.P. increased its position in AON by 67.9% during the third quarter. Edgestream Partners L.P. now owns 1,400 shares of the financial services provider’s stock valued at $484,000 after acquiring an additional 566 shares during the last quarter. Benjamin Edwards Inc. bought a new stake in shares of AON in the 3rd quarter worth about $224,000. Centiva Capital LP purchased a new stake in AON in the third quarter worth $229,000. Hilltop Holdings Inc. boosted its holdings in shares of AON by 101.2% in the third quarter. Hilltop Holdings Inc. now owns 1,642 shares of the financial services provider’s stock valued at $568,000 after purchasing an additional 826 shares during the period. Finally, HighTower Advisors LLC lifted its position in shares of AON by 1.3% in the 3rd quarter. HighTower Advisors LLC now owns 38,338 shares of the financial services provider’s stock worth $13,224,000 after purchasing an additional 509 shares during the period. 86.14% of the stock is owned by hedge funds and other institutional investors.

AON Price Performance

Shares of NYSE AON opened at $373.79 on Friday. The stock has a market capitalization of $80.74 billion, a PE ratio of 29.53, a P/E/G ratio of 2.12 and a beta of 0.82. AON has a fifty-two week low of $268.06 and a fifty-two week high of $412.97. The company has a debt-to-equity ratio of 2.58, a current ratio of 1.40 and a quick ratio of 1.40. The business has a fifty day moving average price of $390.77 and a two-hundred day moving average price of $374.21.

AON (NYSE:AON) last posted its quarterly earnings data on Friday, January 31st. The financial services provider reported $4.42 earnings per share for the quarter, topping the consensus estimate of $4.25 by $0.17. AON had a net margin of 16.91% and a return on equity of 70.84%. During the same quarter in the previous year, the business earned $3.89 earnings per share. As a group, equities analysts predict that AON will post 17.21 earnings per share for the current fiscal year.

AON Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, February 14th. Stockholders of record on Monday, February 3rd were issued a dividend of $0.675 per share. This represents a $2.70 dividend on an annualized basis and a dividend yield of 0.72%. The ex-dividend date of this dividend was Monday, February 3rd. AON’s dividend payout ratio (DPR) is presently 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.