Aon plc (NYSE:AON) Stock Holdings Decreased by Bar Harbor Wealth Management

Bar Harbor Wealth Management trimmed its position in Aon plc (NYSE:AON) by 10.3% in the fourth quarter, Holdings Channel reports. The firm owned 1,054 shares of the financial services provider’s stock after selling 121 shares during the quarter. Bar Harbor Wealth Management’s holdings in AON were worth $379,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Valley Wealth Managers Inc. increased its holdings in shares of AON by 3.3% in the 3rd quarter. Valley Wealth Managers Inc. now owns 886 shares of the financial services provider’s stock valued at $307,000 after acquiring an additional 28 shares during the last quarter. CVA Family Office LLC boosted its holdings in AON by 8.4% in the third quarter. CVA Family Office LLC now owns 373 shares of the financial services provider’s stock worth $129,000 after purchasing an additional 29 shares during the period. Amplius Wealth Advisors LLC increased its stake in AON by 2.4% during the third quarter. Amplius Wealth Advisors LLC now owns 1,331 shares of the financial services provider’s stock valued at $460,000 after purchasing an additional 31 shares during the last quarter. Intellectus Partners LLC lifted its position in shares of AON by 3.2% in the 3rd quarter. Intellectus Partners LLC now owns 992 shares of the financial services provider’s stock worth $343,000 after buying an additional 31 shares during the last quarter. Finally, waypoint wealth counsel boosted its holdings in shares of AON by 3.6% in the 3rd quarter. waypoint wealth counsel now owns 927 shares of the financial services provider’s stock valued at $321,000 after buying an additional 32 shares during the period. 86.14% of the stock is owned by institutional investors.

AON Stock Performance

AON opened at $355.02 on Tuesday. Aon plc has a 1-year low of $268.06 and a 1-year high of $395.33. The company has a market capitalization of $76.78 billion, a price-to-earnings ratio of 29.96, a price-to-earnings-growth ratio of 2.27 and a beta of 0.93. The business has a 50 day moving average price of $369.99 and a two-hundred day moving average price of $347.42. The company has a debt-to-equity ratio of 2.66, a current ratio of 2.05 and a quick ratio of 2.05.

AON Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, February 14th. Investors of record on Monday, February 3rd will be issued a dividend of $0.675 per share. This represents a $2.70 dividend on an annualized basis and a yield of 0.76%. The ex-dividend date of this dividend is Monday, February 3rd. AON’s payout ratio is currently 22.78%.

Insiders Place Their Bets

In related news, insider Lisa Stevens sold 1,275 shares of the business’s stock in a transaction that occurred on Tuesday, November 26th. The shares were sold at an average price of $387.68, for a total value of $494,292.00. Following the sale, the insider now directly owns 8,077 shares in the company, valued at $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 available through this link. Also, COO Mindy F. Simon sold 650 shares of the firm’s stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $394.34, for a total transaction of $256,321.00. Following the sale, the chief operating officer now owns 1,816 shares of the company’s stock, valued at $716,121.44. The trade was a 26.36 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.30% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of equities analysts have issued reports on AON shares. Jefferies Financial Group raised their target price on shares of AON from $344.00 to $365.00 and gave the stock a “hold” rating in a report on Wednesday, October 9th. TD Cowen boosted their price objective on AON from $413.00 to $432.00 in a research report on Thursday, October 24th. Wells Fargo & Company raised AON from an “underweight” rating to an “equal weight” rating and increased their target price for the stock from $315.00 to $377.00 in a research report on Monday, October 28th. BMO Capital Markets boosted their price target on shares of AON from $325.00 to $380.00 and gave the company a “market perform” rating in a report on Monday, November 4th. Finally, Evercore ISI raised shares of AON from an “in-line” rating to an “outperform” rating and increased their price objective for the stock from $407.00 to $420.00 in a report on Wednesday, January 8th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $368.67.

AON 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.