1,436 Shares in Aon plc (NYSE:AON) Acquired by Conservest Capital Advisors Inc.

Conservest Capital Advisors Inc. bought a new stake in shares of Aon plc (NYSE:AON - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 1,436 shares of the financial services provider's stock, valued at approximately $516,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of AON. Valley Wealth Managers Inc. grew its position in AON by 3.3% during the third quarter. Valley Wealth Managers Inc. now owns 886 shares of the financial services provider's stock valued at $307,000 after buying an additional 28 shares during the period. Intellectus Partners LLC boosted its stake in shares of AON by 3.2% during the 3rd quarter. Intellectus Partners LLC now owns 992 shares of the financial services provider's stock worth $343,000 after acquiring an additional 31 shares during the last quarter. V Square Quantitative Management LLC increased its stake in shares of AON by 1.3% in the 4th quarter. V Square Quantitative Management LLC now owns 2,338 shares of the financial services provider's stock worth $840,000 after purchasing an additional 31 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its holdings in AON by 5.2% in the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 673 shares of the financial services provider's stock worth $242,000 after purchasing an additional 33 shares during the period. Finally, U.S. Capital Wealth Advisors LLC lifted its position in AON by 0.9% during the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 3,692 shares of the financial services provider's stock valued at $1,326,000 after purchasing an additional 33 shares in the last quarter. 86.14% of the stock is owned by institutional investors.

AON Price Performance

Shares of AON traded down $0.50 during mid-day trading on Wednesday, hitting $404.18. 1,452,428 shares of the stock were exchanged, compared to its average volume of 1,082,498. The company has a debt-to-equity ratio of 2.58, a quick ratio of 1.40 and a current ratio of 1.40. The company has a market cap of $87.30 billion, a PE ratio of 31.93, a price-to-earnings-growth ratio of 2.12 and a beta of 0.93. Aon plc has a 52-week low of $268.06 and a 52-week high of $412.97. The firm has a 50-day moving average of $374.76 and a two-hundred day moving average of $365.64.

AON (NYSE:AON - Get Free Report) last released its quarterly 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 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, equities analysts predict that Aon plc will post 17.21 earnings per share for the current year.

AON Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, February 14th. Investors of record on Monday, February 3rd were issued a dividend of $0.675 per share. The ex-dividend date of this dividend was Monday, February 3rd. This represents a $2.70 annualized dividend and a yield of 0.67%. AON's payout ratio is presently 21.33%.

Wall Street Analyst Weigh In

Several research firms recently issued reports on AON. Barclays increased their target price on shares of AON from $394.00 to $440.00 and gave the stock an "overweight" rating in a report on Thursday, November 21st. JPMorgan Chase & Co. raised their price objective on shares of AON from $379.00 to $394.00 and gave the company an "overweight" rating in a research report on Friday, January 3rd. Wells Fargo & Company upped their target price on shares of 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 raised their price target for the company from $407.00 to $420.00 in a report on Wednesday, January 8th. Finally, Piper Sandler upped their price objective on 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, seven have assigned a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $386.21.

About AON

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.