Equitable Trust Co. Has $3.70 Million Position in Aon plc (NYSE:AON)

Equitable Trust Co. cut its holdings in Aon plc (NYSE:AON) by 1.6% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 10,684 shares of the financial services provider’s stock after selling 173 shares during the quarter. Equitable Trust Co.’s holdings in AON were worth $3,697,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of AON. Csenge Advisory Group raised its stake in shares of AON by 5.8% in the 1st quarter. Csenge Advisory Group now owns 783 shares of the financial services provider’s stock valued at $261,000 after purchasing an additional 43 shares during the period. Envestnet Portfolio Solutions Inc. lifted its stake in AON by 2.0% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 11,724 shares of the financial services provider’s stock valued at $3,913,000 after acquiring an additional 234 shares in the last quarter. Empowered Funds LLC grew its stake in shares of AON by 17.4% during the 1st quarter. Empowered Funds LLC now owns 2,915 shares of the financial services provider’s stock worth $973,000 after acquiring an additional 432 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management bought a new position in AON in the first quarter valued at $214,000. Finally, KCM Investment Advisors LLC acquired a new stake in AON in the 1st quarter valued at $202,000. 86.14% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of analysts recently issued reports on the company. Jefferies Financial Group lifted their target price on AON from $344.00 to $365.00 and gave the company a “hold” rating in a research report on Wednesday, October 9th. Deutsche Bank Aktiengesellschaft upped their price objective on AON from $311.00 to $353.00 and gave the stock a “hold” rating in a research note on Monday, August 26th. Bank of America raised their target price on shares of AON from $345.00 to $375.00 and gave the company an “underperform” rating in a research note on Thursday, October 10th. BMO Capital Markets increased their price target on shares of AON from $325.00 to $380.00 and gave the company a “market perform” rating in a research note on Monday, November 4th. Finally, Keefe, Bruyette & Woods upped their target price on shares of AON from $385.00 to $415.00 and gave the company an “outperform” rating in a report on Tuesday, October 29th. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $359.19.

AON Stock Up 1.0 %

AON stock opened at $383.72 on Friday. The company has a market cap of $82.99 billion, a PE ratio of 32.38, a price-to-earnings-growth ratio of 2.39 and a beta of 0.91. The company has a quick ratio of 2.05, a current ratio of 2.05 and a debt-to-equity ratio of 2.66. Aon plc has a 52 week low of $268.06 and a 52 week high of $389.21. The business has a 50-day simple moving average of $355.63 and a 200 day simple moving average of $321.01.

AON Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, November 15th. Stockholders of record on Friday, November 1st will be issued a $0.675 dividend. The ex-dividend date is Friday, November 1st. This represents a $2.70 dividend on an annualized basis and a dividend yield of 0.70%. AON’s dividend payout ratio (DPR) is currently 22.78%.

AON Company Profile

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.