Lbp Am Sa Invests $8.81 Million in Aon plc (NYSE:AON)

LBP AM SA purchased a new stake in shares of Aon plc (NYSE:AON - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 24,530 shares of the financial services provider's stock, valued at approximately $8,810,000.

A number of other large investors also recently bought and sold shares of the business. Valley Wealth Managers Inc. increased its stake in 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 in the last quarter. Intellectus Partners LLC increased its stake in AON by 3.2% during the 3rd quarter. Intellectus Partners LLC now owns 992 shares of the financial services provider's stock valued at $343,000 after purchasing an additional 31 shares in the last quarter. V Square Quantitative Management LLC increased its stake in AON by 1.3% during the 4th quarter. V Square Quantitative Management LLC now owns 2,338 shares of the financial services provider's stock valued at $840,000 after purchasing an additional 31 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its stake in AON by 5.2% during the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 673 shares of the financial services provider's stock valued at $242,000 after purchasing an additional 33 shares in the last quarter. Finally, U.S. Capital Wealth Advisors LLC increased its stake in 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 valued at $1,326,000 after purchasing an additional 33 shares in the last quarter. 86.14% of the stock is owned by hedge funds and other institutional investors.

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AON Price Performance

NYSE:AON traded up $0.65 during trading hours on Wednesday, hitting $390.70. 933,303 shares of the stock traded hands, compared to its average volume of 1,104,620. 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. The company has a market cap of $84.39 billion, a price-to-earnings ratio of 30.86, a price-to-earnings-growth ratio of 2.12 and a beta of 0.92. The stock has a 50 day moving average price of $383.03 and a 200 day moving average price of $369.79.

AON (NYSE:AON - Get Free Report) last issued its quarterly earnings results on Friday, January 31st. The financial services provider reported $4.42 earnings per share for the quarter, beating the consensus estimate 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 in the prior year, the company earned $3.89 EPS. Sell-side analysts forecast that Aon plc will post 17.21 EPS for the current fiscal year.

AON Announces Dividend

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 currently 21.33%.

Wall Street Analyst Weigh In

A number of analysts have recently commented on AON shares. Barclays lifted their price target on shares of AON from $394.00 to $440.00 and gave the stock an "overweight" rating in a research note on Thursday, November 21st. Piper Sandler lifted their price target on shares of AON from $372.00 to $384.00 and gave the stock a "neutral" rating in a research note on Monday, February 3rd. Keefe, Bruyette & Woods lifted their price target on shares of AON from $411.00 to $414.00 and gave the stock an "outperform" rating in a research note on Wednesday, February 5th. Royal Bank of Canada lifted 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. Finally, Wells Fargo & Company lifted their price target on shares of AON from $410.00 to $445.00 and gave the stock an "overweight" rating in a research note on Monday, February 3rd. One 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, the company currently has an average rating of "Hold" and an average target price 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.