Wilmington Savings Fund Society FSB Grows Stock Position in Aon plc (NYSE:AON)

Wilmington Savings Fund Society FSB grew its holdings in Aon plc (NYSE:AON) by 1.5% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,749 shares of the financial services provider’s stock after buying an additional 86 shares during the quarter. Wilmington Savings Fund Society FSB’s holdings in AON were worth $2,065,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Endeavor Private Wealth Inc. acquired a new stake in shares of AON during the 4th quarter worth approximately $29,000. Richardson Financial Services Inc. grew its stake in shares of AON by 2,025.0% in the fourth quarter. Richardson Financial Services Inc. now owns 85 shares of the financial services provider’s stock worth $30,000 after acquiring an additional 81 shares in the last quarter. Anchor Investment Management LLC raised its position 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 valued at $35,000 after purchasing an additional 93 shares in the last quarter. First Personal Financial Services acquired a new position in AON during the 3rd quarter worth approximately $37,000. Finally, RPg Family Wealth Advisory LLC acquired a new stake in AON in the third quarter valued at $42,000. Institutional investors and hedge funds own 86.14% of the company’s stock.

Insider Transactions at AON

In other news, insider Lisa Stevens sold 1,275 shares of the stock in a transaction dated Tuesday, November 26th. The stock was sold at an average price of $387.68, for a total transaction of $494,292.00. Following the transaction, the insider now owns 8,077 shares of the company’s stock, valued at approximately $3,131,291.36. This represents a 13.63 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, COO Mindy F. Simon sold 650 shares of AON stock in a transaction that occurred 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 directly owns 1,816 shares in the company, valued at approximately $716,121.44. This represents a 26.36 % decrease in their position. The disclosure for this sale can be found here. 1.30% of the stock is currently owned by company insiders.

AON Price Performance

Shares of NYSE:AON opened at $386.68 on Monday. The company has a debt-to-equity ratio of 2.58, a quick ratio of 2.05 and a current ratio of 1.40. The company has a market capitalization of $83.63 billion, a PE ratio of 30.54, a price-to-earnings-growth ratio of 2.09 and a beta of 0.93. The stock has a fifty day moving average of $365.32 and a 200-day moving average of $357.01. Aon plc has a one year low of $268.06 and a one year high of $395.33.

AON (NYSE:AON) last issued its quarterly earnings results on Friday, January 31st. The financial services provider reported $4.42 EPS for the quarter, beating the consensus estimate of $4.25 by $0.17. AON had a net margin of 16.91% and a return on equity of 70.84%. During the same period in the prior year, the firm posted $3.89 earnings per share. As a group, equities analysts anticipate that Aon plc will post 17.24 EPS for the current fiscal year.

AON Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, February 14th. Stockholders of record on Monday, February 3rd will be issued a dividend of $0.675 per share. This represents a $2.70 annualized dividend and a dividend yield of 0.70%. The ex-dividend date of this dividend is Monday, February 3rd. AON’s dividend payout ratio is currently 21.33%.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the company. Evercore ISI raised AON from an “in-line” rating to an “outperform” rating and lifted their price target for the stock from $407.00 to $420.00 in a research report on Wednesday, January 8th. Wells Fargo & Company boosted their target price on AON from $410.00 to $445.00 and gave the stock an “overweight” rating in a research report on Monday, February 3rd. TD Cowen boosted their price objective on shares of AON from $413.00 to $432.00 in a report on Thursday, October 24th. JPMorgan Chase & Co. raised their price target on AON from $379.00 to $394.00 and gave the company an “overweight” rating in a research report on Friday, January 3rd. Finally, BMO Capital Markets lifted their price objective on AON from $325.00 to $380.00 and gave the stock a “market perform” rating in a research report on Monday, November 4th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have given a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $386.21.

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.