Corient Private Wealth LLC Sells 2,011 Shares of Aon plc (NYSE:AON)

Corient Private Wealth LLC lowered its position in shares of Aon plc (NYSE:AON - Free Report) by 2.1% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 96,060 shares of the financial services provider's stock after selling 2,011 shares during the period. Corient Private Wealth LLC's holdings in AON were worth $33,767,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Charles Schwab Investment Management Inc. increased its stake in shares of AON by 2.6% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,237,784 shares of the financial services provider's stock valued at $444,563,000 after buying an additional 31,021 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in AON by 27.7% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 96,548 shares of the financial services provider's stock valued at $34,676,000 after acquiring an additional 20,942 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd grew its holdings in shares of AON by 5.8% during the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 26,533 shares of the financial services provider's stock worth $9,530,000 after acquiring an additional 1,451 shares during the period. Proficio Capital Partners LLC boosted its position in shares of AON by 43,000.8% during the fourth quarter. Proficio Capital Partners LLC now owns 390,924 shares of the financial services provider's stock valued at $140,404,000 after purchasing an additional 390,017 shares in the last quarter. Finally, State Street Corp grew its stake in AON by 0.4% in the third quarter. State Street Corp now owns 8,844,121 shares of the financial services provider's stock worth $3,059,977,000 after purchasing an additional 32,417 shares during the period. 86.14% of the stock is currently owned by hedge funds and other institutional investors.

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AON Stock Performance

AON traded down $3.15 during midday trading on Friday, reaching $390.02. The company had a trading volume of 1,357,653 shares, compared to its average volume of 1,106,771. The business has a 50-day moving average of $384.60 and a two-hundred day moving average of $370.09. The company has a market cap of $84.24 billion, a P/E ratio of 30.81, a P/E/G ratio of 2.12 and a beta of 0.92. The company has a quick ratio of 1.40, a current ratio of 1.40 and a debt-to-equity ratio of 2.58. Aon plc has a 1 year low of $268.06 and a 1 year high of $412.97.

AON (NYSE:AON - Get Free Report) last announced its quarterly earnings data on Friday, January 31st. The financial services provider reported $4.42 EPS for the quarter, beating the consensus estimate 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 in the prior year, the business earned $3.89 EPS. As a group, equities research analysts predict that Aon plc will post 17.21 earnings per share for the current fiscal year.

AON Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, February 14th. Shareholders of record on Monday, February 3rd were issued a dividend of $0.675 per share. This represents a $2.70 annualized dividend and a yield of 0.69%. The ex-dividend date of this dividend was Monday, February 3rd. AON's dividend payout ratio is presently 21.33%.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on AON. Keefe, Bruyette & Woods upped their target price on shares of AON from $411.00 to $414.00 and gave the stock an "outperform" rating in a research report on Wednesday, February 5th. Evercore ISI upgraded 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. Royal Bank of Canada upped their price target on shares of AON from $390.00 to $400.00 and gave the stock a "sector perform" rating in a research note on Monday, February 3rd. Piper Sandler lifted their target price on shares of AON from $372.00 to $384.00 and gave the stock a "neutral" rating in a report on Monday, February 3rd. Finally, Barclays raised their price target on shares of AON from $394.00 to $440.00 and gave the company an "overweight" rating in a research report on Thursday, November 21st. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, AON presently has a consensus rating of "Hold" and an average price target 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.