Aon plc (NYSE:AON) Shares Sold by Brown Brothers Harriman & Co.

Brown Brothers Harriman & Co. trimmed its position in Aon plc (NYSE:AON - Free Report) by 73.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,016 shares of the financial services provider's stock after selling 11,135 shares during the period. Brown Brothers Harriman & Co.'s holdings in AON were worth $1,442,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of AON. Endeavor Private Wealth Inc. acquired a new position in shares of AON during the fourth quarter worth about $29,000. Richardson Financial Services Inc. increased its position in AON by 2,025.0% during the 4th quarter. Richardson Financial Services Inc. now owns 85 shares of the financial services provider's stock worth $30,000 after purchasing an additional 81 shares during the period. Millstone Evans Group LLC purchased a new position in shares of AON during the 4th quarter worth approximately $32,000. Anchor Investment Management LLC lifted its holdings in shares of 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 buying an additional 93 shares during the period. Finally, Centricity Wealth Management LLC acquired a new position in AON during the fourth quarter worth $39,000. 86.14% of the stock is owned by institutional investors and hedge funds.

AON Trading Down 4.7 %

AON stock traded down $18.35 during trading on Friday, reaching $375.94. 2,392,030 shares of the stock traded hands, compared to its average volume of 1,195,574. The business's 50 day moving average price is $391.32 and its 200-day moving average price is $373.59. The firm has a market capitalization of $81.20 billion, a PE ratio of 29.69, a P/E/G ratio of 2.12 and a beta of 0.92. The company has a debt-to-equity ratio of 2.58, a current ratio of 1.40 and a quick ratio of 1.40. 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 posted its earnings results on Friday, January 31st. The financial services provider reported $4.42 earnings per share (EPS) for the quarter, topping 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 year.

AON Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, February 14th. Investors of record on Monday, February 3rd were given a dividend of $0.675 per share. The ex-dividend date of this dividend was Monday, February 3rd. This represents a $2.70 dividend on an annualized basis and a yield of 0.72%. AON's dividend payout ratio (DPR) is 21.33%.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on AON. Redburn Atlantic raised shares of AON to a "hold" rating in a research note on Tuesday, March 25th. Wells Fargo & Company increased their target price on shares of AON from $410.00 to $445.00 and gave the company an "overweight" rating in a report on Monday, February 3rd. Keefe, Bruyette & Woods boosted their price target on AON from $411.00 to $414.00 and gave the stock an "outperform" rating in a research note on Wednesday, February 5th. JPMorgan Chase & Co. lifted their price objective on AON from $379.00 to $394.00 and gave the stock an "overweight" rating in a report on Friday, January 3rd. Finally, Royal Bank of Canada upped their target price on AON from $390.00 to $400.00 and gave the company a "sector perform" rating in a report on Monday, February 3rd. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have given a buy rating to the company's stock. According to MarketBeat, AON has a consensus rating of "Hold" and an average 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.