Aon plc (NYSE:AON) Shares Bought by Greenleaf Trust

Greenleaf Trust increased its stake in Aon plc (NYSE:AON) by 15.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,737 shares of the financial services provider’s stock after purchasing an additional 621 shares during the quarter. Greenleaf Trust’s holdings in AON were worth $1,701,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Truist Financial Corp raised its holdings in AON by 4.2% during the second quarter. Truist Financial Corp now owns 25,980 shares of the financial services provider’s stock worth $7,627,000 after purchasing an additional 1,036 shares in the last quarter. Sanctuary Advisors LLC acquired a new position in shares of AON during the 2nd quarter valued at $4,867,000. Massmutual Trust Co. FSB ADV raised its stake in shares of AON by 7.4% in the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 536 shares of the financial services provider’s stock worth $185,000 after buying an additional 37 shares in the last quarter. AMF Tjanstepension AB bought a new position in AON during the third quarter valued at about $20,856,000. Finally, Czech National Bank grew its holdings in AON by 6.8% during the third quarter. Czech National Bank now owns 44,254 shares of the financial services provider’s stock worth $15,311,000 after acquiring an additional 2,821 shares during the period. Institutional investors and hedge funds own 86.14% of the company’s stock.

Insiders Place Their Bets

In related news, insider Lisa Stevens sold 1,275 shares of the business’s stock in a transaction dated Tuesday, November 26th. The stock was sold at an average price of $387.68, for a total transaction of $494,292.00. Following the completion of the transaction, the insider now owns 8,077 shares of the company’s stock, valued at approximately $3,131,291.36. The trade was a 13.63 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Mindy F. Simon sold 650 shares of the firm’s stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $394.34, for a total value of $256,321.00. Following the completion of the sale, the chief operating officer now directly owns 1,816 shares in the company, valued at $716,121.44. This trade represents a 26.36 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.30% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on AON shares. Bank of America raised their price objective on shares of AON from $345.00 to $375.00 and gave the company an “underperform” rating in a research report on Thursday, October 10th. BMO Capital Markets raised their target price on shares of AON from $325.00 to $380.00 and gave the stock a “market perform” rating in a report on Monday, November 4th. Evercore ISI upgraded AON from an “in-line” rating to an “outperform” rating and increased their price objective for the company from $407.00 to $420.00 in a research report on Wednesday, January 8th. Keefe, Bruyette & Woods decreased their target price on AON from $415.00 to $411.00 and set an “outperform” rating on the stock in a report on Friday, January 10th. Finally, Jefferies Financial Group increased their price target on AON from $344.00 to $365.00 and gave the company a “hold” rating in a research report on Wednesday, October 9th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $370.87.

AON Trading Down 0.2 %

Shares of NYSE:AON opened at $371.39 on Monday. The firm has a fifty day moving average of $366.35 and a two-hundred day moving average of $354.12. The company has a quick ratio of 2.05, a current ratio of 1.40 and a debt-to-equity ratio of 2.58. Aon plc has a 12-month low of $268.06 and a 12-month high of $395.33. The firm has a market capitalization of $80.32 billion, a P/E ratio of 29.34, a price-to-earnings-growth ratio of 2.02 and a beta of 0.93.

AON (NYSE:AON) last issued its earnings results on Friday, January 31st. The financial services provider reported $4.42 EPS for the quarter, beating analysts’ consensus estimates 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 period in the prior year, the company earned $3.89 EPS. On average, equities analysts expect that Aon plc will post 17.39 EPS for the current fiscal year.

AON Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 14th. Investors of record on Monday, February 3rd will be paid a $0.675 dividend. This represents a $2.70 annualized dividend and a dividend yield of 0.73%. The ex-dividend date is Monday, February 3rd. AON’s payout ratio is presently 21.33%.

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.