Capital International Sarl Has $24.47 Million Holdings in Aon plc (NYSE:AON)

Capital International Sarl grew its stake in shares of Aon plc (NYSE:AON - Free Report) by 8.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 68,140 shares of the financial services provider's stock after buying an additional 5,428 shares during the period. Capital International Sarl's holdings in AON were worth $24,473,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Wellington Management Group LLP grew its holdings in shares of AON by 392.2% in the 3rd quarter. Wellington Management Group LLP now owns 6,039 shares of the financial services provider's stock valued at $2,089,000 after buying an additional 4,812 shares during the period. Virtu Financial LLC acquired a new position in AON in the third quarter valued at about $1,685,000. Anchor Investment Management LLC raised its position in shares of AON by 1,162.5% during the third quarter. Anchor Investment Management LLC now owns 101 shares of the financial services provider's stock worth $35,000 after purchasing an additional 93 shares during the period. Pine Valley Investments Ltd Liability Co grew its position in shares of AON by 11.1% in the 3rd quarter. Pine Valley Investments Ltd Liability Co now owns 10,093 shares of the financial services provider's stock valued at $3,492,000 after purchasing an additional 1,012 shares during the period. Finally, World Investment Advisors LLC bought a new stake in AON during the 3rd quarter worth approximately $275,000. 86.14% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages recently commented on AON. Redburn Partners set a $445.00 price objective on shares of AON in a report on Tuesday, March 25th. Redburn Atlantic upgraded AON to a "hold" rating in a report on Tuesday, March 25th. Wells Fargo & Company upped their price target on AON from $410.00 to $445.00 and gave the stock an "overweight" rating in a research report on Monday, February 3rd. Barclays lowered their price objective 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, Keefe, Bruyette & Woods raised their target price on shares of AON from $411.00 to $414.00 and gave the company an "outperform" rating in a research report on Wednesday, February 5th. One equities 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 stock. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $393.87.

AON Stock Performance

Shares of NYSE:AON traded down $1.68 on Wednesday, reaching $366.84. 352,567 shares of the company's stock were exchanged, compared to its average volume of 1,228,908. 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 twelve month low of $268.06 and a twelve month high of $412.97. The company has a fifty day moving average of $388.46 and a 200-day moving average of $375.68. The company has a market capitalization of $79.24 billion, a price-to-earnings ratio of 28.98, 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 (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 business earned $3.89 EPS. On average, research analysts predict that Aon plc will post 17.21 EPS for the current fiscal year.

AON Increases Dividend

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