Personal CFO Solutions LLC Sells 794 Shares of Aon plc (NYSE:AON)

Personal CFO Solutions LLC decreased its holdings in Aon plc (NYSE:AON) by 19.5% during the 4th quarter, HoldingsChannel reports. The firm owned 3,274 shares of the financial services provider’s stock after selling 794 shares during the quarter. Personal CFO Solutions LLC’s holdings in AON were worth $1,176,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of AON. Endeavor Private Wealth Inc. bought a new position in shares of AON in the 4th quarter valued at $29,000. Richardson Financial Services Inc. grew its position in AON by 2,025.0% during the 4th quarter. Richardson Financial Services Inc. now owns 85 shares of the financial services provider’s stock worth $30,000 after acquiring an additional 81 shares during the last quarter. Anchor Investment Management LLC grew its position in AON by 1,162.5% during the 3rd quarter. Anchor Investment Management LLC now owns 101 shares of the financial services provider’s stock worth $35,000 after acquiring an additional 93 shares during the last quarter. First Personal Financial Services bought a new stake in AON during the 3rd quarter worth $37,000. Finally, Centricity Wealth Management LLC bought a new stake in AON during the 4th quarter worth $39,000. Institutional investors own 86.14% of the company’s stock.

AON Stock Up 0.3 %

Shares of NYSE:AON opened at $402.94 on Friday. The company has a market capitalization of $87.03 billion, a price-to-earnings ratio of 31.83, a P/E/G ratio of 2.12 and a beta of 0.92. 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 business’s 50-day moving average is $377.28 and its 200-day moving average is $366.85. Aon plc has a 1 year low of $268.06 and a 1 year high of $412.97.

AON (NYSE:AON) last announced its quarterly earnings data on Friday, January 31st. The financial services provider reported $4.42 earnings per share (EPS) for the quarter, beating 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 period in the prior year, the business posted $3.89 EPS. Equities research analysts predict that Aon plc will post 17.21 earnings per share for the current year.

AON Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, February 14th. Investors 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 0.67%. The ex-dividend date of this dividend was Monday, February 3rd. AON’s dividend payout ratio (DPR) is currently 21.33%.

Analyst Upgrades and Downgrades

AON has been the topic of a number of research reports. JPMorgan Chase & Co. boosted their price objective on AON from $379.00 to $394.00 and gave the stock an “overweight” rating in a research report on Friday, January 3rd. Keefe, Bruyette & Woods boosted their price objective on AON from $411.00 to $414.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 5th. Evercore ISI upgraded AON from an “in-line” rating to an “outperform” rating and upped their price target for the company from $407.00 to $420.00 in a research report on Wednesday, January 8th. Piper Sandler upped their price target on AON from $372.00 to $384.00 and gave the company a “neutral” rating in a research report on Monday, February 3rd. Finally, Royal Bank of Canada upped their price target on AON from $390.00 to $400.00 and gave the company a “sector perform” rating in a research report on Monday, February 3rd. One analyst has rated the stock with a sell rating, seven have issued a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, AON currently has a consensus rating of “Hold” and an average target price of $386.21.

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.