Natixis Advisors LLC Sells 7,287 Shares of Aon plc (NYSE:AON)

Natixis Advisors LLC lessened its position in shares of Aon plc (NYSE:AON - Free Report) by 2.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 280,164 shares of the financial services provider's stock after selling 7,287 shares during the quarter. Natixis Advisors LLC owned approximately 0.13% of AON worth $100,624,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of AON. Frank Rimerman Advisors LLC lifted its stake in AON by 2.5% during the fourth quarter. Frank Rimerman Advisors LLC now owns 3,259 shares of the financial services provider's stock worth $1,171,000 after purchasing an additional 80 shares during the period. Zevin Asset Management LLC lifted its position in shares of AON by 0.7% during the 4th quarter. Zevin Asset Management LLC now owns 34,612 shares of the financial services provider's stock worth $12,431,000 after buying an additional 228 shares during the period. Picton Mahoney Asset Management grew its position in AON by 17.1% in the fourth quarter. Picton Mahoney Asset Management now owns 56,667 shares of the financial services provider's stock valued at $20,352,000 after acquiring an additional 8,290 shares during the period. Diamond Hill Capital Management Inc. raised its stake in AON by 28.3% during the fourth quarter. Diamond Hill Capital Management Inc. now owns 1,247,736 shares of the financial services provider's stock worth $448,137,000 after acquiring an additional 275,525 shares in the last quarter. Finally, LBP AM SA bought a new position in shares of AON during the fourth quarter valued at $8,810,000. 86.14% of the stock is currently owned by institutional investors.

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AON Trading Up 0.7 %

Shares of AON traded up $2.72 on Thursday, reaching $393.10. 851,385 shares of the company's stock were exchanged, compared to its average volume of 1,104,395. The business has a 50 day moving average price of $383.79 and a two-hundred day moving average price of $369.93. Aon plc has a 12 month low of $268.06 and a 12 month high of $412.97. The stock has a market capitalization of $84.91 billion, a P/E ratio of 31.05, a price-to-earnings-growth ratio of 2.12 and a beta of 0.92. The company has a current ratio of 1.40, a quick ratio of 1.40 and a debt-to-equity ratio of 2.58.

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

AON Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, February 14th. Stockholders of record on Monday, February 3rd were issued a $0.675 dividend. This represents a $2.70 annualized dividend and a dividend yield of 0.69%. The ex-dividend date was Monday, February 3rd. AON's dividend payout ratio (DPR) is 21.33%.

Analyst Upgrades and Downgrades

AON has been the topic of several analyst reports. JPMorgan Chase & Co. increased their target price on shares of AON from $379.00 to $394.00 and gave the stock an "overweight" rating in a research report on Friday, January 3rd. Evercore ISI raised shares of AON from an "in-line" rating to an "outperform" rating and raised their price objective for the stock from $407.00 to $420.00 in a report on Wednesday, January 8th. Keefe, Bruyette & Woods boosted their target price on AON from $411.00 to $414.00 and gave the stock an "outperform" rating in a report on Wednesday, February 5th. Piper Sandler raised their price target on AON from $372.00 to $384.00 and gave the company a "neutral" rating in a report on Monday, February 3rd. Finally, Royal Bank of Canada boosted their price objective on AON from $390.00 to $400.00 and gave the stock a "sector perform" rating in a research note on Monday, February 3rd. 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 stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus 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.