Fiducient Advisors LLC Sells 22,954 Shares of Aon plc (NYSE:AON)

Fiducient Advisors LLC lessened its stake in Aon plc (NYSE:AON - Free Report) by 6.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 351,437 shares of the financial services provider's stock after selling 22,954 shares during the quarter. AON comprises about 15.6% of Fiducient Advisors LLC's holdings, making the stock its largest holding. Fiducient Advisors LLC owned 0.16% of AON worth $126,222,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. boosted its holdings in AON by 2.6% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,237,784 shares of the financial services provider's stock valued at $444,563,000 after purchasing an additional 31,021 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its position in AON by 27.7% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 96,548 shares of the financial services provider's stock valued at $34,676,000 after purchasing an additional 20,942 shares during the period. Aviva PLC raised its holdings in shares of AON by 19.0% in the 4th quarter. Aviva PLC now owns 255,760 shares of the financial services provider's stock valued at $91,859,000 after buying an additional 40,850 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd increased its stake in AON by 5.8% during the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 26,533 shares of the financial services provider's stock worth $9,530,000 after purchasing an additional 1,451 shares during the period. Finally, Proficio Capital Partners LLC boosted its stake in shares of AON by 43,000.8% in the fourth quarter. Proficio Capital Partners LLC now owns 390,924 shares of the financial services provider's stock valued at $140,404,000 after purchasing an additional 390,017 shares during the period. Institutional investors and hedge funds own 86.14% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have commented on AON shares. Redburn Atlantic upgraded shares of AON to a "hold" rating in a research note on Tuesday, March 25th. Keefe, Bruyette & Woods boosted their target price on AON from $411.00 to $414.00 and gave the stock an "outperform" rating in a research note on Wednesday, February 5th. Piper Sandler raised their price target on AON from $372.00 to $384.00 and gave the stock a "neutral" rating in a report on Monday, February 3rd. Wells Fargo & Company lifted their target price on AON from $410.00 to $445.00 and gave the company an "overweight" rating in a research note on Monday, February 3rd. Finally, Redburn Partners set a $445.00 price objective on shares of AON in a research report on Tuesday, March 25th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have issued a buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $393.87.

AON Trading Down 1.5 %

NYSE:AON traded down $5.74 on Friday, reaching $367.08. The stock had a trading volume of 1,562,803 shares, compared to its average volume of 1,224,340. Aon plc has a 12-month low of $268.06 and a 12-month high of $412.97. The firm's fifty day moving average is $389.85 and its two-hundred day moving average is $375.16. The company has a debt-to-equity ratio of 2.58, a current ratio of 1.40 and a quick ratio of 1.40. The company has a market cap of $79.29 billion, a price-to-earnings ratio of 29.00, a P/E/G ratio of 2.12 and a beta of 0.82.

AON (NYSE:AON - Get Free Report) last announced its quarterly earnings results on Friday, January 31st. The financial services provider reported $4.42 earnings per share (EPS) for the quarter, beating 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 period in the prior year, the company posted $3.89 earnings per share. Equities analysts expect that Aon plc will post 17.21 EPS for the current fiscal year.

AON Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 15th. Shareholders of record on Thursday, May 1st will be given a $0.745 dividend. This is a boost from AON's previous quarterly dividend of $0.68. This represents a $2.98 dividend on an annualized basis and a yield of 0.81%. The ex-dividend date of this dividend is Thursday, May 1st. AON's dividend payout ratio is presently 23.54%.

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.