26,372 Shares in Aon plc (NYSE:AON) Bought by Ilmarinen Mutual Pension Insurance Co

Ilmarinen Mutual Pension Insurance Co bought a new position in shares of Aon plc (NYSE:AON - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 26,372 shares of the financial services provider's stock, valued at approximately $9,472,000.

Other hedge funds also recently made changes to their positions in the company. Aviva PLC lifted its position in AON by 19.0% during the 4th quarter. Aviva PLC now owns 255,760 shares of the financial services provider's stock worth $91,859,000 after buying an additional 40,850 shares in the last quarter. Prudential PLC raised its holdings in AON by 89.8% during the 4th quarter. Prudential PLC now owns 7,376 shares of the financial services provider's stock worth $2,649,000 after buying an additional 3,489 shares during the period. Motley Fool Asset Management LLC increased its holdings in AON by 6.1% during the 4th quarter. Motley Fool Asset Management LLC now owns 31,672 shares of the financial services provider's stock worth $11,375,000 after purchasing an additional 1,830 shares in the last quarter. World Investment Advisors lifted its stake in AON by 212.9% in the 4th quarter. World Investment Advisors now owns 2,491 shares of the financial services provider's stock valued at $895,000 after acquiring an additional 1,695 shares in the last quarter. Finally, Huntington National Bank lifted its position in shares of AON by 2.7% in the fourth quarter. Huntington National Bank now owns 4,289 shares of the financial services provider's stock worth $1,540,000 after purchasing an additional 114 shares in the last quarter. Institutional investors and hedge funds own 86.14% of the company's stock.

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Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on AON shares. Keefe, Bruyette & Woods upped their target price on shares of AON from $411.00 to $414.00 and gave the company an "outperform" rating in a report on Wednesday, February 5th. Royal Bank of Canada boosted their price objective on shares of AON from $390.00 to $400.00 and gave the company a "sector perform" rating in a research report on Monday, February 3rd. Redburn Atlantic upgraded AON to a "hold" rating in a research report on Tuesday, March 25th. Evercore ISI upgraded AON from an "in-line" rating to an "outperform" rating and upped their price target for the company from $407.00 to $420.00 in a research report on Wednesday, January 8th. Finally, Piper Sandler lifted their price objective on AON from $372.00 to $384.00 and gave the stock a "neutral" rating in a research report on Monday, February 3rd. One analyst has rated the stock with a sell rating, eight have given a hold rating and five have assigned a buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $391.13.

AON Price Performance

AON stock traded up $4.77 during trading on Friday, reaching $373.79. The company's stock had a trading volume of 455,352 shares, compared to its average volume of 1,213,138. Aon plc has a 1 year low of $268.06 and a 1 year high of $412.97. The company has a quick ratio of 1.40, a current ratio of 1.40 and a debt-to-equity ratio of 2.58. The company has a market capitalization of $80.74 billion, a P/E ratio of 29.54, a price-to-earnings-growth ratio of 2.12 and a beta of 0.82. The company's fifty day moving average is $390.63 and its 200-day moving average is $374.36.

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

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.