AON (AON) Projected to Post Earnings on Friday

AON (NYSE:AON) is projected to post its quarterly earnings results before the market opens on Friday, January 31st. Analysts expect AON to post earnings of $4.25 per share and revenue of $4.21 billion for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

AON Trading Down 1.2 %

Shares of AON stock opened at $366.98 on Thursday. AON has a fifty-two week low of $268.06 and a fifty-two week high of $395.33. The company has a quick ratio of 2.05, a current ratio of 2.05 and a debt-to-equity ratio of 2.66. The stock has a 50-day simple moving average of $367.15 and a 200 day simple moving average of $352.99. The stock has a market capitalization of $79.37 billion, a P/E ratio of 30.97, a P/E/G ratio of 2.00 and a beta of 0.93.

AON Announces Dividend

The firm 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 0.74%. The ex-dividend date of this dividend is Monday, February 3rd. AON’s payout ratio is 22.78%.

Insider Activity at AON

In other AON news, COO Mindy F. Simon sold 650 shares of the business’s stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of $394.34, for a total transaction of $256,321.00. Following the completion of the transaction, 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 position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Lisa Stevens sold 1,275 shares of the firm’s stock in a transaction dated Tuesday, November 26th. The shares were sold at an average price of $387.68, for a total value of $494,292.00. Following the completion of the sale, the insider now directly owns 8,077 shares in the company, valued at approximately $3,131,291.36. This represents a 13.63 % 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.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the company. Barclays upped their target price on AON from $394.00 to $440.00 and gave the company an “overweight” rating in a report on Thursday, November 21st. TD Cowen lifted their target price on shares of AON from $413.00 to $432.00 in a research report on Thursday, October 24th. Wells Fargo & Company upgraded shares of AON from an “equal weight” rating to an “overweight” rating and upped their price target for the company from $377.00 to $410.00 in a research report on Tuesday, January 14th. Jefferies Financial Group boosted their target price on shares of AON from $344.00 to $365.00 and gave the company a “hold” rating in a research note on Wednesday, October 9th. Finally, Keefe, Bruyette & Woods decreased their target price on AON from $415.00 to $411.00 and set an “outperform” rating for the company in a research report on Friday, January 10th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat, AON has a consensus rating of “Hold” and an average target price of $370.87.

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.