Aon plc (NYSE:AON) Shares Acquired by Dash Acquisitions Inc.

Dash Acquisitions Inc. grew its holdings in Aon plc (NYSE:AON - Free Report) by 3.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 22,371 shares of the financial services provider's stock after acquiring an additional 753 shares during the period. AON accounts for 1.9% of Dash Acquisitions Inc.'s portfolio, making the stock its 19th largest holding. Dash Acquisitions Inc.'s holdings in AON were worth $8,310,000 as of its most recent SEC filing.

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

AON Stock Down 0.9 %

NYSE AON traded down $3.56 during trading on Friday, reaching $389.51. 1,751,244 shares of the company's stock traded hands, compared to its average volume of 1,039,616. The company's 50 day simple moving average is $367.99 and its two-hundred day simple moving average is $361.10. Aon plc has a 12-month low of $268.06 and a 12-month high of $395.65. The firm has a market cap of $84.13 billion, a price-to-earnings ratio of 30.77, a price-to-earnings-growth ratio of 2.15 and a beta of 0.93. The company has a debt-to-equity ratio of 2.58, a current ratio of 1.40 and a quick ratio of 2.05.

AON (NYSE:AON - Get Free Report) last issued its quarterly earnings data on Friday, January 31st. The financial services provider reported $4.42 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 period in the prior year, the business earned $3.89 earnings per share. As a group, sell-side analysts forecast that Aon plc will post 17.21 EPS for the current fiscal year.

AON Announces Dividend

The business also recently disclosed 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. This represents a $2.70 dividend on an annualized basis and a yield of 0.69%. The ex-dividend date was Monday, February 3rd. AON's payout ratio is currently 21.33%.

Insider Buying and Selling at AON

In other news, COO Mindy F. Simon sold 650 shares of AON stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $394.34, for a total value of $256,321.00. Following the transaction, the chief operating officer now owns 1,816 shares of the company's stock, valued at $716,121.44. The trade was a 26.36 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Lisa Stevens sold 1,275 shares of the stock in a transaction that occurred on Tuesday, November 26th. The shares were sold at an average price of $387.68, for a total transaction of $494,292.00. Following the sale, the insider now directly owns 8,077 shares of the company's stock, valued at $3,131,291.36. The trade was a 13.63 % decrease in their position. The disclosure for this sale can be found here. 1.30% of the stock is owned by insiders.

Analyst Ratings Changes

AON has been the subject of several analyst reports. JPMorgan Chase & Co. raised their price objective on shares of AON from $379.00 to $394.00 and gave the stock an "overweight" rating in a research note on Friday, January 3rd. Evercore ISI raised AON from an "in-line" rating to an "outperform" rating and raised their price target for the stock from $407.00 to $420.00 in a research note on Wednesday, January 8th. Piper Sandler upped their price objective on AON from $372.00 to $384.00 and gave the company a "neutral" rating in a research report on Monday, February 3rd. Keefe, Bruyette & Woods lifted their target price on AON from $411.00 to $414.00 and gave the stock an "outperform" rating in a research report on Wednesday, February 5th. Finally, BMO Capital Markets upped their price target on shares of AON from $325.00 to $380.00 and gave the stock a "market perform" rating in a report on Monday, November 4th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and an average 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.