Aon plc (NYSE:AON) Position Increased by Schroder Investment Management Group

Schroder Investment Management Group raised its stake in Aon plc (NYSE:AON) by 17.5% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 104,179 shares of the financial services provider’s stock after buying an additional 15,495 shares during the period. Schroder Investment Management Group’s holdings in AON were worth $37,293,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Endeavor Private Wealth Inc. purchased a new stake in shares of AON during the fourth quarter valued at $29,000. Richardson Financial Services Inc. raised its holdings 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 buying an additional 81 shares during the period. Millstone Evans Group LLC purchased a new stake in AON during the fourth quarter valued at about $32,000. Anchor Investment Management LLC boosted its holdings in shares of AON by 1,162.5% in the third quarter. Anchor Investment Management LLC now owns 101 shares of the financial services provider’s stock worth $35,000 after buying an additional 93 shares during the period. Finally, Centricity Wealth Management LLC acquired a new stake in shares of AON during the fourth quarter valued at approximately $39,000. 86.14% of the stock is owned by institutional investors.

AON Trading Down 0.0 %

Shares of NYSE:AON opened at $398.95 on Wednesday. The company has a current ratio of 1.40, a quick ratio of 1.40 and a debt-to-equity ratio of 2.58. The stock has a market capitalization of $86.17 billion, a PE ratio of 31.51, a P/E/G ratio of 2.12 and a beta of 0.92. Aon plc has a 1 year low of $268.06 and a 1 year high of $412.97. The firm has a fifty day moving average price of $390.00 and a 200 day moving average price of $373.11.

AON (NYSE:AON) last released its quarterly earnings results 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 in the prior year, the firm posted $3.89 earnings per share. Analysts expect that Aon plc will post 17.21 EPS for the current fiscal year.

AON Announces Dividend

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

Analyst Upgrades and Downgrades

Several brokerages have issued reports on AON. Evercore ISI raised shares of AON from an “in-line” rating to an “outperform” rating and boosted their target price for the company from $407.00 to $420.00 in a research note 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. Redburn Atlantic upgraded AON to a “hold” rating in a research report on Tuesday, March 25th. Royal Bank of Canada increased their price target on shares of AON from $390.00 to $400.00 and gave the stock a “sector perform” rating in a research report on Monday, February 3rd. Finally, Keefe, Bruyette & Woods boosted their price objective on shares of AON from $411.00 to $414.00 and gave the company an “outperform” rating in a research report on Wednesday, February 5th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, AON presently has a consensus rating of “Hold” and a consensus price target of $386.21.

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.