Lbp Am Sa Invests $8.81 Million in Aon plc (NYSE:AON)

Lbp Am Sa purchased a new stake in shares of Aon plc (NYSE:AON) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 24,530 shares of the financial services provider’s stock, valued at approximately $8,810,000.

Several other hedge funds have also bought and sold shares of AON. Endeavor Private Wealth Inc. purchased a new stake in shares of AON in the fourth quarter worth $29,000. Richardson Financial Services Inc. grew its holdings in shares of AON by 2,025.0% during 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 during the last quarter. Anchor Investment Management LLC raised its holdings in AON by 1,162.5% in 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. Centricity Wealth Management LLC bought a new position in AON in the 4th quarter valued at approximately $39,000. Finally, Kestra Investment Management LLC purchased a new stake in AON during the 4th quarter valued at $39,000. Institutional investors own 86.14% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on AON. Wells Fargo & Company upped their price target on AON from $410.00 to $445.00 and gave the company an “overweight” rating in a report on Monday, February 3rd. Evercore ISI upgraded shares of AON from an “in-line” rating to an “outperform” rating and upped their target price for the company from $407.00 to $420.00 in a research note on Wednesday, January 8th. Keefe, Bruyette & Woods raised their price target on shares of AON from $411.00 to $414.00 and gave the company an “outperform” rating in a report on Wednesday, February 5th. Barclays boosted their price objective on shares of AON from $394.00 to $440.00 and gave the company an “overweight” rating in a report on Thursday, November 21st. Finally, Piper Sandler raised their target price on shares of AON from $372.00 to $384.00 and gave the stock a “neutral” rating in a report on Monday, February 3rd. One analyst has rated the stock with a sell rating, seven have issued a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $386.21.

AON Trading Up 1.3 %

NYSE:AON opened at $399.34 on Friday. Aon plc has a one year low of $268.06 and a one year high of $412.97. The business has a fifty day moving average price of $381.36 and a 200-day moving average price of $368.72. The firm has a market capitalization of $86.26 billion, a price-to-earnings ratio of 31.54, a price-to-earnings-growth 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.

AON (NYSE:AON) last posted its quarterly earnings data on Friday, January 31st. The financial services provider reported $4.42 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 period in the prior year, the company earned $3.89 EPS. Sell-side analysts forecast that Aon plc will post 17.21 EPS for the current year.

AON Dividend Announcement

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

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.