Aon plc (NYSE:AON) Stock Holdings Decreased by Sargent Investment Group LLC

Sargent Investment Group LLC lowered its stake in shares of Aon plc (NYSE:AON) by 5.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,051 shares of the financial services provider’s stock after selling 66 shares during the quarter. Sargent Investment Group LLC’s holdings in AON were worth $373,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of AON. Valley Wealth Managers Inc. lifted its position in AON by 3.3% during the 3rd quarter. Valley Wealth Managers Inc. now owns 886 shares of the financial services provider’s stock worth $307,000 after buying an additional 28 shares in the last quarter. CVA Family Office LLC lifted its position in AON by 8.4% during the 3rd quarter. CVA Family Office LLC now owns 373 shares of the financial services provider’s stock worth $129,000 after buying an additional 29 shares in the last quarter. Amplius Wealth Advisors LLC lifted its position in AON by 2.4% during the 3rd quarter. Amplius Wealth Advisors LLC now owns 1,331 shares of the financial services provider’s stock worth $460,000 after buying an additional 31 shares in the last quarter. Intellectus Partners LLC lifted its position in AON by 3.2% during the 3rd quarter. Intellectus Partners LLC now owns 992 shares of the financial services provider’s stock worth $343,000 after buying an additional 31 shares in the last quarter. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its position in AON by 5.2% during the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 673 shares of the financial services provider’s stock worth $242,000 after buying an additional 33 shares in the last quarter. Institutional investors own 86.14% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently issued reports on AON shares. Bank of America upped their price target on shares of AON from $345.00 to $375.00 and gave the stock an “underperform” rating in a research report on Thursday, October 10th. Keefe, Bruyette & Woods upped their target price on shares of AON from $411.00 to $414.00 and gave the company an “outperform” rating in a research report on Wednesday. Piper Sandler upped their target price on shares of AON from $372.00 to $384.00 and gave the company a “neutral” rating in a research report on Monday. JPMorgan Chase & Co. upped their target price on shares of AON from $379.00 to $394.00 and gave the company an “overweight” rating in a research report on Friday, January 3rd. Finally, Wells Fargo & Company upped their target price on shares of AON from $410.00 to $445.00 and gave the company an “overweight” rating in a research report on Monday. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, AON has a consensus rating of “Hold” and a consensus target price of $386.21.

AON Stock Up 1.4 %

Shares of NYSE AON opened at $382.62 on Thursday. The company has a market capitalization of $82.75 billion, a P/E ratio of 30.22, a price-to-earnings-growth ratio of 2.02 and a beta of 0.93. Aon plc has a 52-week low of $268.06 and a 52-week high of $395.33. The company has a debt-to-equity ratio of 2.58, a quick ratio of 2.05 and a current ratio of 1.40. The company’s 50 day moving average price is $365.81 and its 200-day moving average price is $355.61.

AON (NYSE:AON) last issued its quarterly earnings results on Friday, January 31st. The financial services provider reported $4.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 period in the prior year, the company posted $3.89 EPS. Equities analysts forecast that Aon plc will post 17.39 earnings per share for the current year.

AON Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 14th. Stockholders of record on Monday, February 3rd will be paid a $0.675 dividend. The ex-dividend date of this dividend is Monday, February 3rd. This represents a $2.70 annualized dividend and a dividend yield of 0.71%. AON’s dividend payout ratio is currently 21.33%.

Insider Activity

In other AON news, COO Mindy F. Simon sold 650 shares of the business’s stock in a transaction on Wednesday, November 27th. The shares were 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 in the company, valued at approximately $716,121.44. The trade was a 26.36 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Lisa Stevens sold 1,275 shares of the business’s stock in a transaction on Tuesday, November 26th. The shares were sold at an average price of $387.68, for a total transaction of $494,292.00. Following the sale, the insider now owns 8,077 shares of the company’s stock, valued at $3,131,291.36. This trade represents a 13.63 % decrease in their position. The disclosure for this sale can be found here. 1.30% of the stock is currently owned by company insiders.

About AON

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.