GM Advisory Group LLC Has $30.96 Million Stock Holdings in Aon plc (NYSE:AON)

GM Advisory Group LLC reduced its holdings in Aon plc (NYSE:AON - Free Report) by 6.2% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 86,189 shares of the financial services provider's stock after selling 5,655 shares during the quarter. AON comprises 1.7% of GM Advisory Group LLC's portfolio, making the stock its 17th biggest holding. GM Advisory Group LLC's holdings in AON were worth $30,956,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Endeavor Private Wealth Inc. acquired a new stake in AON in the 4th quarter worth $29,000. Richardson Financial Services Inc. lifted its stake in shares of AON by 2,025.0% in the fourth quarter. Richardson Financial Services Inc. now owns 85 shares of the financial services provider's stock valued at $30,000 after buying an additional 81 shares during the period. Anchor Investment Management LLC increased its stake in AON by 1,162.5% during the third quarter. Anchor Investment Management LLC now owns 101 shares of the financial services provider's stock valued at $35,000 after acquiring an additional 93 shares during the period. Centricity Wealth Management LLC acquired a new position in AON in the 4th quarter valued at approximately $39,000. Finally, Kestra Investment Management LLC bought a new stake in shares of AON in the 4th quarter worth approximately $39,000. Institutional investors and hedge funds own 86.14% of the company's stock.

AON Price Performance

Shares of AON traded down $3.15 on Friday, hitting $390.02. The company's stock had a trading volume of 1,359,525 shares, compared to its average volume of 1,108,204. The company has a market capitalization of $84.24 billion, a PE ratio of 30.81, a PEG ratio of 2.12 and a beta of 0.92. Aon plc has a fifty-two week low of $268.06 and a fifty-two week high of $412.97. The company has a 50 day moving average price of $385.41 and a 200 day moving average price of $370.58. The company has a debt-to-equity ratio of 2.58, a current ratio of 1.40 and a quick ratio of 1.40.

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AON (NYSE:AON - Get Free Report) last posted 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 return on equity of 70.84% and a net margin of 16.91%. During the same period last year, the company earned $3.89 EPS. On average, research analysts anticipate that Aon plc will post 17.21 earnings per share for the current fiscal year.

AON Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 14th. Shareholders of record on Monday, February 3rd were paid a $0.675 dividend. 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 dividend payout ratio is presently 21.33%.

Analysts Set New Price Targets

A number of research analysts recently commented on the company. Wells Fargo & Company upped their target price on AON from $410.00 to $445.00 and gave the company an "overweight" rating in a research note 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. JPMorgan Chase & Co. lifted their target price 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. Royal Bank of Canada upped their target price on shares of AON from $390.00 to $400.00 and gave the company a "sector perform" rating in a research note on Monday, February 3rd. Finally, Keefe, Bruyette & Woods lifted their price objective on AON from $411.00 to $414.00 and gave the company an "outperform" rating in a report on Wednesday, February 5th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, the company currently 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.