Aon plc (NYSE:AON) Shares Purchased by Meeder Advisory Services Inc.

Meeder Advisory Services Inc. raised its holdings in Aon plc (NYSE:AON) by 8.5% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 3,959 shares of the financial services provider’s stock after acquiring an additional 309 shares during the quarter. Meeder Advisory Services Inc.’s holdings in AON were worth $1,370,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in AON. Y.D. More Investments Ltd purchased a new stake in shares of AON in the 2nd quarter worth about $31,000. First Personal Financial Services purchased a new position in shares of AON during the 3rd quarter worth approximately $37,000. Eastern Bank acquired a new position in shares of AON during the 3rd quarter worth approximately $43,000. Nemes Rush Group LLC purchased a new stake in AON in the 2nd quarter valued at approximately $45,000. Finally, Bruce G. Allen Investments LLC increased its position in AON by 52.7% during the second quarter. Bruce G. Allen Investments LLC now owns 168 shares of the financial services provider’s stock worth $49,000 after buying an additional 58 shares in the last quarter. 86.14% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms recently commented on AON. Jefferies Financial Group lifted their price objective on AON from $344.00 to $365.00 and gave the stock a “hold” rating in a research report on Wednesday, October 9th. Piper Sandler boosted their price objective on shares of AON from $312.00 to $335.00 and gave the company a “neutral” rating in a research report on Monday, July 29th. Keefe, Bruyette & Woods lifted their target price on shares of AON from $385.00 to $415.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 29th. Barclays started coverage on AON in a report on Wednesday, September 4th. They set an “overweight” rating and a $394.00 price objective on the stock. Finally, Royal Bank of Canada reiterated a “sector perform” rating and issued a $335.00 target price on shares of AON in a research note on Monday, August 5th. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $359.19.

AON Stock Performance

NYSE:AON opened at $380.44 on Tuesday. The firm’s fifty day simple moving average is $359.72 and its 200 day simple moving average is $325.18. The company has a current ratio of 2.05, a quick ratio of 2.05 and a debt-to-equity ratio of 2.66. Aon plc has a twelve month low of $268.06 and a twelve month high of $389.21. The firm has a market capitalization of $82.28 billion, a price-to-earnings ratio of 32.10, a PEG ratio of 2.38 and a beta of 0.91.

AON Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Friday, November 1st were issued a $0.675 dividend. This represents a $2.70 dividend on an annualized basis and a yield of 0.71%. The ex-dividend date of this dividend was Friday, November 1st. AON’s dividend payout ratio is presently 22.78%.

About AON

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.