Sapient Capital LLC Has $442,000 Position in Aon plc (NYSE:AON)

Sapient Capital LLC cut its stake in shares of Aon plc (NYSE:AON - Free Report) by 64.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,230 shares of the financial services provider's stock after selling 2,198 shares during the quarter. Sapient Capital LLC's holdings in AON were worth $442,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in AON. Endeavor Private Wealth Inc. bought a new position in shares of AON during the fourth quarter valued at approximately $29,000. Richardson Financial Services Inc. grew its holdings in AON by 2,025.0% in the 4th quarter. Richardson Financial Services Inc. now owns 85 shares of the financial services provider's stock worth $30,000 after buying an additional 81 shares in the last quarter. Anchor Investment Management LLC grew its holdings 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 worth $35,000 after buying an additional 93 shares in the last quarter. First Personal Financial Services bought a new position in AON in the 3rd quarter worth approximately $37,000. Finally, RPg Family Wealth Advisory LLC bought a new position in AON in the 3rd quarter worth approximately $42,000. 86.14% of the stock is owned by institutional investors.

AON Stock Down 0.8 %

Shares of AON traded down $3.07 during mid-day trading on Friday, reaching $387.22. The company's stock had a trading volume of 740,415 shares, compared to its average volume of 1,078,050. The business has a fifty day moving average of $365.76 and a 200 day moving average of $359.36. The company has a market cap of $83.74 billion, a price-to-earnings ratio of 30.59, a price-to-earnings-growth ratio of 2.09 and a beta of 0.93. Aon plc has a 1 year low of $268.06 and a 1 year high of $395.33. The company has a quick ratio of 2.05, a current ratio of 1.40 and a debt-to-equity ratio of 2.58.

AON (NYSE:AON - Get Free Report) last released its earnings results on Friday, January 31st. The financial services provider reported $4.42 earnings per share (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 last year, the company earned $3.89 earnings per share. As a group, analysts forecast that Aon plc will post 17.24 earnings per share for the current fiscal year.

AON Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, February 14th. Stockholders of record on Monday, February 3rd were issued a $0.675 dividend. The ex-dividend date was Monday, February 3rd. This represents a $2.70 dividend on an annualized basis and a dividend yield of 0.70%. AON's payout ratio is currently 21.33%.

Insider Activity

In related news, COO Mindy F. Simon sold 650 shares of the stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $394.34, for a total transaction of $256,321.00. Following the completion of the sale, the chief operating officer now directly owns 1,816 shares in the company, valued at approximately $716,121.44. This trade represents a 26.36 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Lisa Stevens sold 1,275 shares of the stock in a transaction on Tuesday, November 26th. The stock was sold at an average price of $387.68, for a total value of $494,292.00. Following the sale, 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 ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.30% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the company. Wells Fargo & Company increased their price objective on AON from $410.00 to $445.00 and gave the stock an "overweight" rating in a report on Monday, February 3rd. Evercore ISI raised AON from an "in-line" rating to an "outperform" rating and increased their price target for the company from $407.00 to $420.00 in a research note on Wednesday, January 8th. Barclays increased their price target on AON from $394.00 to $440.00 and gave the company an "overweight" rating in a research note on Thursday, November 21st. Keefe, Bruyette & Woods increased their price target on AON from $411.00 to $414.00 and gave the company an "outperform" rating in a research note on Wednesday, February 5th. Finally, TD Cowen increased their price target on AON from $413.00 to $432.00 in a research note on Thursday, October 24th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and five have given a buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $386.21.

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.