Markel Group Inc. Has $45.33 Million Holdings in Aon plc (NYSE:AON)

Markel Group Inc. boosted its position in shares of Aon plc (NYSE:AON - Free Report) by 5.0% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 126,200 shares of the financial services provider's stock after buying an additional 6,050 shares during the quarter. Markel Group Inc. owned 0.06% of AON worth $45,326,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Endeavor Private Wealth Inc. purchased a new stake in AON during the fourth quarter valued at about $29,000. Richardson Financial Services Inc. lifted its position in AON by 2,025.0% in the 4th quarter. Richardson Financial Services Inc. now owns 85 shares of the financial services provider's stock worth $30,000 after buying an additional 81 shares in the last quarter. Anchor Investment Management LLC grew its holdings in shares of AON by 1,162.5% during the 3rd 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 in the last quarter. Centricity Wealth Management LLC acquired a new position in shares of AON in the fourth quarter worth $39,000. Finally, Kestra Investment Management LLC acquired a new stake in AON during the fourth quarter valued at $39,000. 86.14% of the stock is owned by institutional investors and hedge funds.

AON Stock Performance

AON traded down $1.38 on Wednesday, hitting $398.36. 522,148 shares of the stock traded hands, compared to its average volume of 1,096,200. The firm has a market capitalization of $86.05 billion, a PE ratio of 31.56, a P/E/G ratio of 2.12 and a beta of 0.92. Aon plc has a 52 week low of $268.06 and a 52 week high of $425.00. The business has a fifty day moving average price of $378.90 and a two-hundred day moving average price of $367.91. The company has a current ratio of 1.40, a quick ratio of 1.40 and a debt-to-equity ratio of 2.58.

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

AON Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 14th. Shareholders of record on Monday, February 3rd were paid a dividend of $0.675 per share. The ex-dividend date of this dividend was Monday, February 3rd. This represents a $2.70 annualized dividend and a yield of 0.68%. AON's dividend payout ratio is 21.33%.

Analysts Set New Price Targets

A number of research firms have recently weighed in on AON. Piper Sandler raised their price target on AON from $372.00 to $384.00 and gave the stock a "neutral" rating in a research note on Monday, February 3rd. Royal Bank of Canada lifted 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. JPMorgan Chase & Co. increased their price target 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. Keefe, Bruyette & Woods increased their target price on shares of AON from $411.00 to $414.00 and gave the stock an "outperform" rating in a research report on Wednesday, February 5th. Finally, Evercore ISI raised AON from an "in-line" rating to an "outperform" rating and boosted their price target for the stock from $407.00 to $420.00 in a research report on Wednesday, January 8th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus 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.