Fjarde AP Fonden Fourth Swedish National Pension Fund Grows Stock Holdings in Aon plc (NYSE:AON)

Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its stake in shares of Aon plc (NYSE:AON - Free Report) by 27.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 55,685 shares of the financial services provider's stock after purchasing an additional 12,000 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund's holdings in AON were worth $20,000,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. State Street Corp boosted its position in shares of AON by 0.4% during the 3rd 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 in the last quarter. Geode Capital Management LLC boosted its position in shares of AON by 0.9% during the 3rd quarter. Geode Capital Management LLC now owns 4,322,177 shares of the financial services provider's stock worth $1,489,690,000 after purchasing an additional 38,447 shares in the last quarter. Veritas Asset Management LLP raised its holdings in shares of AON by 41.6% in the 3rd quarter. Veritas Asset Management LLP now owns 3,010,557 shares of the financial services provider's stock worth $1,041,623,000 after acquiring an additional 883,761 shares during the last quarter. Cantillon Capital Management LLC raised its holdings in shares of AON by 15.6% in the 3rd quarter. Cantillon Capital Management LLC now owns 1,316,218 shares of the financial services provider's stock worth $455,398,000 after acquiring an additional 177,956 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its holdings in shares of AON by 1.0% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,206,763 shares of the financial services provider's stock worth $417,528,000 after acquiring an additional 11,922 shares during the last quarter. Institutional investors own 86.14% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on AON. Piper Sandler upped 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. Evercore ISI upgraded shares of AON from an "in-line" rating to an "outperform" rating and increased their price objective for the company from $407.00 to $420.00 in a research note on Wednesday, January 8th. Keefe, Bruyette & Woods increased their price objective on shares of AON from $411.00 to $414.00 and gave the company an "outperform" rating in a research note on Wednesday, February 5th. JPMorgan Chase & Co. increased their price objective on shares of AON from $379.00 to $394.00 and gave the company an "overweight" rating in a research note on Friday, January 3rd. Finally, Barclays increased their price objective on shares of AON from $394.00 to $440.00 and gave the company an "overweight" rating in a research note on Thursday, November 21st. One equities 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 company. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $386.21.

Insider Buying and Selling

In related news, insider Lisa Stevens sold 1,275 shares of the business's stock in a transaction dated 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 owns 8,077 shares of the company's stock, valued at $3,131,291.36. The trade was a 13.63 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, COO Mindy F. Simon sold 650 shares of the business's stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $394.34, for a total transaction of $256,321.00. Following the sale, the chief operating officer now directly owns 1,816 shares in the company, valued at $716,121.44. The trade was a 26.36 % decrease in their position. The disclosure for this sale can be found here. 1.30% of the stock is currently owned by insiders.

AON Trading Down 0.9 %

Shares of AON traded down $3.56 during trading hours on Friday, reaching $389.51. 1,751,244 shares of the company traded hands, compared to its average volume of 971,920. The company's fifty day moving average price is $368.55 and its two-hundred day moving average price is $361.81. The company has a market capitalization of $84.13 billion, a price-to-earnings ratio of 30.77, a price-to-earnings-growth ratio of 2.14 and a beta of 0.93. The company has a quick ratio of 2.05, a current ratio of 1.40 and a debt-to-equity ratio of 2.58. Aon plc has a 12 month low of $268.06 and a 12 month high of $395.65.

AON (NYSE:AON - Get Free Report) last announced its earnings results on Friday, January 31st. The financial services provider reported $4.42 earnings per share 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 last year, the business posted $3.89 EPS. Equities research analysts predict that Aon plc will post 17.21 earnings per share for the current fiscal year.

AON Dividend Announcement

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

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.