Aon plc (NYSE:AON) Receives $386.21 Consensus PT from Analysts

Aon plc (NYSE:AON) has been given a consensus rating of “Hold” by the fourteen research firms that are presently covering the company, Marketbeat reports. One equities research 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. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $391.13.

A number of analysts recently commented on AON shares. Evercore ISI upgraded shares of AON from an “in-line” rating to an “outperform” rating and upped their price objective for the company from $407.00 to $420.00 in a research report on Wednesday, January 8th. JPMorgan Chase & Co. lifted their price objective on AON from $394.00 to $409.00 and gave the company an “overweight” rating in a report on Tuesday. Redburn Atlantic raised AON to a “hold” rating in a research note on Tuesday, March 25th. Piper Sandler upped their price target on shares of AON from $372.00 to $384.00 and gave the company a “neutral” rating in a report on Monday, February 3rd. Finally, Redburn Partners set a $445.00 price objective on shares of AON in a report on Tuesday, March 25th.

AON Stock Up 3.8 %

NYSE:AON opened at $373.79 on Friday. 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 has a 12-month low of $268.06 and a 12-month high of $412.97. The stock’s fifty day simple moving average is $390.77 and its 200-day simple moving average is $374.21. The firm has a market capitalization of $80.74 billion, a P/E ratio of 29.53, a P/E/G ratio of 2.12 and a beta of 0.82.

AON (NYSE:AON) last announced its quarterly earnings results on Friday, January 31st. The financial services provider reported $4.42 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 previous year, the firm posted $3.89 earnings per share. Equities research analysts expect that AON will post 17.21 earnings per share for the current year.

AON Announces Dividend

The company also recently disclosed 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 0.72%. The ex-dividend date was Monday, February 3rd. AON’s dividend payout ratio (DPR) is presently 21.33%.

Institutional Investors Weigh In On AON

A number of institutional investors and hedge funds have recently modified their holdings of the company. Value Partners Investments Inc. raised its stake in AON by 1.9% in the fourth quarter. Value Partners Investments Inc. now owns 1,485 shares of the financial services provider’s stock valued at $533,000 after buying an additional 28 shares during the period. V Square Quantitative Management LLC raised its stake in AON by 1.3% in the 4th quarter. V Square Quantitative Management LLC now owns 2,338 shares of the financial services provider’s stock valued at $840,000 after acquiring an additional 31 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its holdings in AON by 5.2% during the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 673 shares of the financial services provider’s stock valued at $242,000 after purchasing an additional 33 shares during the last quarter. U.S. Capital Wealth Advisors LLC boosted its position in AON by 0.9% during the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 3,692 shares of the financial services provider’s stock worth $1,326,000 after purchasing an additional 33 shares during the period. Finally, Moors & Cabot Inc. increased its holdings in shares of AON by 3.0% in the fourth quarter. Moors & Cabot Inc. now owns 1,130 shares of the financial services provider’s stock valued at $406,000 after purchasing an additional 33 shares during the last quarter. 86.14% of the stock is owned by institutional investors.

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.