Impact Investors Inc Makes New $532,000 Investment in Aon plc (NYSE:AON)

Impact Investors Inc purchased a new stake in Aon plc (NYSE:AON) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 1,481 shares of the financial services provider’s stock, valued at approximately $532,000.

Several other large investors have also made changes to their positions in AON. Endeavor Private Wealth Inc. purchased a new position in AON in the 4th quarter worth approximately $29,000. Richardson Financial Services Inc. grew its stake in shares of AON by 2,025.0% in 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 position in shares of AON by 1,162.5% during the third quarter. Anchor Investment Management LLC now owns 101 shares of the financial services provider’s stock worth $35,000 after purchasing an additional 93 shares in the last quarter. First Personal Financial Services purchased a new stake in AON during the 3rd quarter worth approximately $37,000. Finally, Centricity Wealth Management LLC purchased a new position in AON in the 4th quarter valued at approximately $39,000. 86.14% of the stock is owned by institutional investors and hedge funds.

AON Trading Up 1.5 %

NYSE AON opened at $397.99 on Wednesday. The firm’s fifty day moving average price is $369.95 and its 200 day moving average price is $363.01. Aon plc has a 12 month low of $268.06 and a 12 month high of $398.10. The company has a debt-to-equity ratio of 2.58, a current ratio of 1.40 and a quick ratio of 1.40. The company has a market capitalization of $85.97 billion, a price-to-earnings ratio of 31.44, a price-to-earnings-growth ratio of 2.12 and a beta of 0.93.

AON (NYSE:AON) last issued its quarterly earnings data on Friday, January 31st. The financial services provider reported $4.42 earnings per share (EPS) for the quarter, topping 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 quarter last year, the business earned $3.89 EPS. On average, sell-side analysts expect that Aon plc will post 17.21 earnings per share for the current fiscal year.

AON Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 14th. Stockholders of record on Monday, February 3rd were issued a $0.675 dividend. This represents a $2.70 annualized dividend and a dividend yield of 0.68%. The ex-dividend date of this dividend was Monday, February 3rd. AON’s payout ratio is currently 21.33%.

Analyst Ratings Changes

A number of analysts have recently weighed in on the company. Royal Bank of Canada upped their price objective on AON from $390.00 to $400.00 and gave the stock a “sector perform” rating in a research report on Monday, February 3rd. Evercore ISI raised AON from an “in-line” rating to an “outperform” rating and increased their price target for the company from $407.00 to $420.00 in a research report on Wednesday, January 8th. Wells Fargo & Company boosted their price objective on AON from $410.00 to $445.00 and gave the stock an “overweight” rating in a research report on Monday, February 3rd. JPMorgan Chase & Co. raised their target price on shares of AON from $379.00 to $394.00 and gave the company an “overweight” rating in a report on Friday, January 3rd. Finally, Piper Sandler lifted their price target on shares of AON from $372.00 to $384.00 and gave the stock a “neutral” rating in a research note on Monday, February 3rd. One equities 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, the company has a consensus rating of “Hold” and a consensus target price of $386.21.

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.