RBF Capital LLC decreased its holdings in shares of Aon plc (NYSE:AON - Free Report) by 26.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,000 shares of the financial services provider's stock after selling 1,100 shares during the period. RBF Capital LLC's holdings in AON were worth $1,077,000 at the end of the most recent reporting period.
Other hedge funds have also modified their holdings of the company. Endeavor Private Wealth Inc. acquired a new stake in AON in the fourth quarter valued at $29,000. Richardson Financial Services Inc. lifted 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 valued at $30,000 after purchasing an additional 81 shares during the period. Millstone Evans Group LLC acquired a new position in AON during the fourth quarter worth about $32,000. Anchor Investment Management LLC increased its holdings in AON by 1,162.5% in the third quarter. Anchor Investment Management LLC now owns 101 shares of the financial services provider's stock valued at $35,000 after buying an additional 93 shares in the last quarter. Finally, Centricity Wealth Management LLC acquired a new stake in shares of AON during the 4th quarter valued at approximately $39,000. 86.14% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
AON has been the subject of several research analyst reports. JPMorgan Chase & Co. raised their price objective on AON from $394.00 to $409.00 and gave the company an "overweight" rating in a research note on Tuesday, April 8th. Redburn Atlantic raised AON to a "hold" rating in a research note on Tuesday, March 25th. Royal Bank of Canada increased 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. Barclays reduced their price target on shares of AON from $440.00 to $430.00 and set an "overweight" rating on the stock in a report on Friday, April 11th. Finally, Piper Sandler raised their price objective 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. One research analyst has rated the stock with a sell rating, eight have given a hold rating and five have given a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $393.87.
Check Out Our Latest Stock Report on AON
AON Stock Performance
AON stock opened at $368.53 on Wednesday. The stock has a fifty day moving average price of $388.46 and a 200 day moving average price of $375.68. The company has a current ratio of 1.40, a quick 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 firm has a market capitalization of $79.60 billion, a P/E ratio of 29.11, a PEG ratio of 2.12 and a beta of 0.82.
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, topping 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 quarter last year, the company posted $3.89 EPS. Equities research analysts anticipate that Aon plc will post 17.21 earnings per share for the current year.
AON Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 15th. Stockholders of record on Thursday, May 1st will be paid a dividend of $0.745 per share. The ex-dividend date is Thursday, May 1st. This is a boost from AON's previous quarterly dividend of $0.68. This represents a $2.98 annualized dividend and a dividend yield of 0.81%. AON's payout ratio is currently 23.54%.
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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