Aon plc (NYSE:AON) Stock Position Boosted by Sei Investments Co.

Sei Investments Co. lifted its holdings in shares of Aon plc (NYSE:AON - Free Report) by 25.9% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 300,682 shares of the financial services provider's stock after purchasing an additional 61,869 shares during the quarter. Sei Investments Co. owned about 0.14% of AON worth $107,995,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the business. Avior Wealth Management LLC grew its stake in shares of AON by 23.1% during the 3rd quarter. Avior Wealth Management LLC now owns 320 shares of the financial services provider's stock valued at $111,000 after buying an additional 60 shares during the period. First Horizon Advisors Inc. raised its holdings in shares of AON by 18.2% in the 3rd quarter. First Horizon Advisors Inc. now owns 377 shares of the financial services provider's stock worth $130,000 after purchasing an additional 58 shares during the period. Moors & Cabot Inc. grew its holdings in shares of AON by 4.3% during the 3rd quarter. Moors & Cabot Inc. now owns 1,097 shares of the financial services provider's stock worth $380,000 after purchasing an additional 45 shares during the period. Raymond James Trust N.A. increased its position in AON by 13.1% during the 3rd quarter. Raymond James Trust N.A. now owns 3,989 shares of the financial services provider's stock worth $1,380,000 after purchasing an additional 463 shares in the last quarter. Finally, Nwam LLC purchased a new position in AON in the third quarter valued at approximately $379,000. 86.14% of the stock is currently owned by hedge funds and other institutional investors.

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AON Stock Performance

NYSE:AON traded up $1.94 during trading hours on Thursday, reaching $398.67. 1,527,964 shares of the stock were exchanged, compared to its average volume of 1,106,920. The stock has a market capitalization of $86.11 billion, a P/E ratio of 31.49, a P/E/G ratio of 2.12 and a beta of 0.92. The firm has a 50 day simple moving average of $387.55 and a 200-day simple moving average of $371.56. 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.

AON (NYSE:AON - Get Free Report) last announced its quarterly earnings data on Friday, January 31st. The financial services provider reported $4.42 earnings per share for the quarter, beating analysts' consensus estimates 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 quarter in the prior year, the firm posted $3.89 earnings per share. As a group, sell-side analysts forecast that Aon plc will post 17.21 earnings per share for the current fiscal year.

AON Dividend Announcement

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

Analysts Set New Price Targets

A number of equities analysts have recently commented on AON shares. Evercore ISI raised shares of AON from an "in-line" rating to an "outperform" rating and raised their target price for the company from $407.00 to $420.00 in a research note on Wednesday, January 8th. Keefe, Bruyette & Woods boosted their price objective on AON from $411.00 to $414.00 and gave the stock an "outperform" rating in a research note on Wednesday, February 5th. Wells Fargo & Company increased 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. JPMorgan Chase & Co. boosted their price target on AON from $379.00 to $394.00 and gave the stock an "overweight" rating in a research report on Friday, January 3rd. Finally, Royal Bank of Canada lifted their price objective on shares of AON from $390.00 to $400.00 and gave the company a "sector perform" rating in a research note on Monday, February 3rd. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, the stock 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.