Aon plc (NYSE:AON) Stock Holdings Increased by Signaturefd LLC

Signaturefd LLC increased its holdings in Aon plc (NYSE:AON) by 1.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,149 shares of the financial services provider’s stock after purchasing an additional 38 shares during the quarter. Signaturefd LLC’s holdings in AON were worth $625,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. BKM Wealth Management LLC acquired a new stake in shares of AON during the fourth quarter valued at approximately $25,000. Milestone Investment Advisors LLC acquired a new stake in shares of AON during the third quarter valued at approximately $30,000. Headlands Technologies LLC acquired a new stake in shares of AON during the third quarter valued at approximately $39,000. Bruce G. Allen Investments LLC acquired a new stake in shares of AON during the fourth quarter valued at approximately $40,000. Finally, Turtle Creek Wealth Advisors LLC acquired a new stake in shares of AON during the fourth quarter valued at approximately $43,000. 86.14% of the stock is currently owned by institutional investors.

Insider Transactions at AON

In other news, insider Michael Neller sold 750 shares of the firm’s stock in a transaction dated Thursday, February 15th. The shares were sold at an average price of $312.00, for a total transaction of $234,000.00. Following the completion of the transaction, the insider now directly owns 3,869 shares of the company’s stock, valued at approximately $1,207,128. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, insider Michael Neller sold 750 shares of the firm’s stock in a transaction dated Thursday, February 15th. The shares were sold at an average price of $312.00, for a total transaction of $234,000.00. Following the completion of the transaction, the insider now directly owns 3,869 shares of the company’s stock, valued at approximately $1,207,128. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Lisa Stevens sold 13,000 shares of the firm’s stock in a transaction dated Friday, February 23rd. The stock was sold at an average price of $315.26, for a total transaction of $4,098,380.00. Following the transaction, the insider now directly owns 10,073 shares of the company’s stock, valued at $3,175,613.98. The disclosure for this sale can be found here. In the last three months, insiders sold 74,532 shares of company stock valued at $23,335,805. Company insiders own 1.15% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the stock. Piper Sandler boosted their price objective on shares of AON from $306.00 to $326.00 and gave the company a “neutral” rating in a research report on Monday, February 12th. TD Cowen assumed coverage on shares of AON in a research report on Wednesday, January 10th. They set an “outperform” rating and a $390.00 price objective on the stock. JPMorgan Chase & Co. boosted their price objective on shares of AON from $318.00 to $353.00 and gave the company an “overweight” rating in a research report on Monday, April 8th. Morgan Stanley boosted their price objective on shares of AON from $325.00 to $327.00 and gave the company an “equal weight” rating in a research report on Monday, April 15th. Finally, The Goldman Sachs Group decreased their target price on shares of AON from $350.00 to $310.00 and set a “neutral” rating for the company in a research report on Tuesday, January 9th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat.com, AON has a consensus rating of “Hold” and an average target price of $334.69.

AON Trading Up 0.3 %

NYSE AON opened at $311.86 on Wednesday. The company has a fifty day simple moving average of $317.78 and a 200 day simple moving average of $314.53. The company has a market cap of $61.91 billion, a P/E ratio of 24.99, a P/E/G ratio of 1.88 and a beta of 0.86. Aon plc has a 1 year low of $284.85 and a 1 year high of $347.37.

AON (NYSE:AON) last released its earnings results on Friday, February 2nd. The financial services provider reported $3.89 EPS for the quarter, missing the consensus estimate of $4.07 by ($0.18). The company had revenue of $3.38 billion for the quarter, compared to analyst estimates of $3.36 billion. AON had a net margin of 19.17% and a negative return on equity of 1,150.40%. AON’s revenue for the quarter was up 7.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $3.89 earnings per share. Equities research analysts forecast that Aon plc will post 15.82 EPS for the current fiscal year.

AON Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 15th. Stockholders of record on Wednesday, May 1st will be issued a dividend of $0.675 per share. This represents a $2.70 dividend on an annualized basis and a dividend yield of 0.87%. This is an increase from AON’s previous quarterly dividend of $0.62. The ex-dividend date is Tuesday, April 30th. AON’s dividend payout ratio (DPR) is presently 19.71%.

AON Company Profile

Aon plc, a professional services firm, provides a range of risk and human capital solutions worldwide. It offers commercial risk solutions, including retail brokerage, specialty solutions, global risk consulting and captives management, and affinity programs; and health solutions, such as health and benefits brokerages, and health care exchanges.