Aon plc (NYSE:AON) Shares Sold by Blair William & Co. IL

Blair William & Co. IL reduced its holdings in shares of Aon plc (NYSE:AON) by 4.8% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 564,247 shares of the financial services provider’s stock after selling 28,303 shares during the period. Blair William & Co. IL’s holdings in AON were worth $202,655,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. NEOS Investment Management LLC raised its holdings in shares of AON by 34.5% during the 4th quarter. NEOS Investment Management LLC now owns 12,290 shares of the financial services provider’s stock valued at $4,414,000 after buying an additional 3,153 shares during the period. Artisan Partners Limited Partnership raised its stake in shares of AON by 86.7% during the fourth quarter. Artisan Partners Limited Partnership now owns 2,067,551 shares of the financial services provider’s stock valued at $742,582,000 after purchasing an additional 960,204 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in shares of AON by 2.9% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 2,329,221 shares of the financial services provider’s stock worth $824,498,000 after purchasing an additional 64,720 shares in the last quarter. Borer Denton & Associates Inc. grew its holdings in AON by 0.9% during the 4th quarter. Borer Denton & Associates Inc. now owns 33,549 shares of the financial services provider’s stock valued at $12,049,000 after purchasing an additional 311 shares in the last quarter. Finally, Murphy & Mullick Capital Management Corp purchased a new stake in AON during the 4th quarter worth $514,000. Institutional investors and hedge funds own 86.14% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on AON shares. Evercore ISI upgraded AON from an “in-line” rating to an “outperform” rating and raised their target price for the company from $407.00 to $420.00 in a research note on Wednesday, January 8th. JPMorgan Chase & Co. lifted their price objective on AON from $379.00 to $394.00 and gave the stock an “overweight” rating in a report on Friday, January 3rd. Wells Fargo & Company increased their target price on AON from $410.00 to $445.00 and gave the company an “overweight” rating in a research note on Monday, February 3rd. Keefe, Bruyette & Woods lifted their price target on shares of AON from $411.00 to $414.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 5th. Finally, Royal Bank of Canada increased their price objective on shares of AON from $390.00 to $400.00 and gave the company a “sector perform” rating in a research note on Monday, February 3rd. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $386.21.

AON Stock Performance

Shares of AON stock opened at $396.29 on Thursday. The company has a quick ratio of 1.40, a current ratio of 1.40 and a debt-to-equity ratio of 2.58. The business has a 50 day moving average of $387.55 and a two-hundred day moving average of $371.56. The company has a market cap of $85.60 billion, a P/E ratio of 31.30, a PEG ratio of 2.12 and a beta of 0.92. Aon plc has a 52 week low of $268.06 and a 52 week high of $412.97.

AON (NYSE:AON) last issued its quarterly earnings data on Friday, January 31st. The financial services provider reported $4.42 EPS for the quarter, topping 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 quarter in the prior year, the company posted $3.89 earnings per share. As a group, analysts anticipate that Aon plc will post 17.21 EPS for the current year.

AON Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, February 14th. Shareholders of record on Monday, February 3rd were paid a dividend of $0.675 per share. This represents a $2.70 dividend on an annualized basis and a yield of 0.68%. The ex-dividend date was Monday, February 3rd. AON’s payout ratio is 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.