Aon plc (NYSE:AON) Shares Sold by Avalon Trust Co

Avalon Trust Co trimmed its position in Aon plc (NYSE:AONFree Report) by 1.2% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 46,073 shares of the financial services provider’s stock after selling 538 shares during the quarter. AON comprises about 1.2% of Avalon Trust Co’s portfolio, making the stock its 27th biggest holding. Avalon Trust Co’s holdings in AON were worth $16,548,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Endeavor Private Wealth Inc. acquired a new stake in AON in the 4th quarter worth about $29,000. Richardson Financial Services Inc. lifted its stake in AON by 2,025.0% in the 4th quarter. Richardson Financial Services Inc. now owns 85 shares of the financial services provider’s stock worth $30,000 after purchasing an additional 81 shares in the last quarter. Anchor Investment Management LLC lifted its stake 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 purchasing an additional 93 shares in the last quarter. Centricity Wealth Management LLC purchased a new position in AON in the 4th quarter worth approximately $39,000. Finally, Kestra Investment Management LLC purchased a new position in AON in the 4th quarter worth approximately $39,000. 86.14% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts have weighed in on AON shares. 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 research note on Monday, February 3rd. JPMorgan Chase & Co. raised their target price on shares of AON from $379.00 to $394.00 and gave the stock an “overweight” rating in a research note on Friday, January 3rd. Keefe, Bruyette & Woods lifted their price target 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. Royal Bank of Canada lifted their price target on shares of AON from $390.00 to $400.00 and gave the company a “sector perform” rating in a research report on Monday, February 3rd. Finally, Barclays lifted their price target on shares of AON from $394.00 to $440.00 and gave the company an “overweight” rating in a research report on Thursday, November 21st. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $386.21.

Read Our Latest Report on AON

AON Stock Up 1.3 %

Shares of NYSE AON opened at $399.34 on Friday. The firm has a market cap of $86.26 billion, a price-to-earnings ratio of 31.54, a PEG ratio of 2.12 and a beta of 0.92. The company has a quick ratio of 1.40, a current ratio of 1.40 and a debt-to-equity ratio of 2.58. Aon plc has a 52-week low of $268.06 and a 52-week high of $412.97. The business’s 50 day moving average is $381.36 and its two-hundred day moving average is $368.92.

AON (NYSE:AONGet Free Report) last announced its earnings results 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 last year, the business earned $3.89 EPS. Research analysts predict that Aon plc will post 17.21 EPS for the current year.

AON Dividend Announcement

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

AON Profile

(Free Report)

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.

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Institutional Ownership by Quarter for AON (NYSE:AON)

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