Aon plc (NYSE:AON) Shares Sold by Kampmann Melissa S.

Kampmann Melissa S. trimmed its holdings in Aon plc (NYSE:AON) by 7.9% in the fourth quarter, Holdings Channel.com reports. The fund owned 9,220 shares of the financial services provider’s stock after selling 795 shares during the period. AON comprises 2.6% of Kampmann Melissa S.’s portfolio, making the stock its 17th biggest holding. Kampmann Melissa S.’s holdings in AON were worth $3,311,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Endeavor Private Wealth Inc. purchased a new stake in AON during the fourth quarter valued at about $29,000. Richardson Financial Services Inc. lifted its stake in AON by 2,025.0% during the fourth quarter. Richardson Financial Services Inc. now owns 85 shares of the financial services provider’s stock valued at $30,000 after buying an additional 81 shares in the last quarter. Anchor Investment Management LLC lifted its stake in AON by 1,162.5% during the third quarter. Anchor Investment Management LLC now owns 101 shares of the financial services provider’s stock valued at $35,000 after buying an additional 93 shares in the last quarter. Centricity Wealth Management LLC purchased a new stake in AON during the fourth quarter valued at about $39,000. Finally, Kestra Investment Management LLC purchased a new stake in AON during the fourth quarter valued at about $39,000. 86.14% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

AON has been the subject of a number of analyst reports. Wells Fargo & Company upped their price objective on shares of AON from $410.00 to $445.00 and gave the company an “overweight” rating in a research note on Monday, February 3rd. Piper Sandler increased their price target 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. Evercore ISI raised shares of AON from an “in-line” rating to an “outperform” rating and increased their price target for the stock from $407.00 to $420.00 in a research report on Wednesday, January 8th. Barclays increased their price target on shares of AON from $394.00 to $440.00 and gave the stock an “overweight” rating in a research report on Thursday, November 21st. Finally, Royal Bank of Canada increased their price target on shares of AON from $390.00 to $400.00 and gave the stock a “sector perform” rating in a research report on Monday, February 3rd. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, AON presently has an average rating of “Hold” and an average price target of $386.21.

AON Stock Up 0.2 %

AON opened at $390.70 on Thursday. Aon plc has a 1-year low of $268.06 and a 1-year high of $412.97. The company has a current ratio of 1.40, a quick ratio of 1.40 and a debt-to-equity ratio of 2.58. The stock has a market capitalization of $84.39 billion, a price-to-earnings ratio of 30.86, a P/E/G ratio of 2.12 and a beta of 0.92. The business has a 50 day moving average of $383.79 and a 200-day moving average of $369.93.

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, beating the consensus estimate 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 previous year, the business earned $3.89 earnings per share. As a group, sell-side analysts anticipate that Aon plc will post 17.21 earnings per share for the current year.

AON Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 14th. Stockholders of record on Monday, February 3rd were given a $0.675 dividend. The ex-dividend date was Monday, February 3rd. This represents a $2.70 annualized dividend and a dividend yield of 0.69%. AON’s dividend payout ratio is 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.