Roth Capital Issues Negative Forecast for AON Earnings

Aon plc (NYSE:AON - Free Report) - Analysts at Roth Capital reduced their Q4 2024 earnings estimates for shares of AON in a note issued to investors on Tuesday, October 29th. Roth Capital analyst H. Fong now expects that the financial services provider will earn $4.27 per share for the quarter, down from their previous estimate of $4.39. The consensus estimate for AON's current full-year earnings is $15.25 per share. Roth Capital also issued estimates for AON's Q1 2025 earnings at $6.26 EPS, Q2 2025 earnings at $3.26 EPS and FY2026 earnings at $19.95 EPS.

AON has been the subject of a number of other research reports. Bank of America increased their price target on AON from $345.00 to $375.00 and gave the company an "underperform" rating in a research report on Thursday, October 10th. JPMorgan Chase & Co. raised their price target on shares of AON from $353.00 to $379.00 and gave the company an "overweight" rating in a report on Thursday, July 11th. Piper Sandler increased their price target on AON from $312.00 to $335.00 and gave the company a "neutral" rating in a report on Monday, July 29th. Royal Bank of Canada reaffirmed a "sector perform" rating and set a $335.00 price objective on shares of AON in a report on Monday, August 5th. Finally, Keefe, Bruyette & Woods increased their price target on shares of AON from $385.00 to $415.00 and gave the company an "outperform" rating in a report on Tuesday. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, AON currently has an average rating of "Hold" and a consensus target price of $355.75.

AON Price Performance

NYSE:AON traded down $1.52 during trading hours on Wednesday, reaching $369.43. 874,846 shares of the company's stock were exchanged, compared to its average volume of 1,180,548. The company has a market capitalization of $80.25 billion, a P/E ratio of 31.30, a price-to-earnings-growth ratio of 2.43 and a beta of 0.92. AON has a 12 month low of $268.06 and a 12 month high of $389.21. The business's 50-day simple moving average is $350.43 and its two-hundred day simple moving average is $317.53. The company has a quick ratio of 2.42, a current ratio of 2.05 and a debt-to-equity ratio of 2.66.

Institutional Investors Weigh In On AON

Several hedge funds have recently bought and sold shares of AON. Crestwood Advisors Group LLC boosted its stake in shares of AON by 915.4% during the 3rd quarter. Crestwood Advisors Group LLC now owns 9,738 shares of the financial services provider's stock worth $3,369,000 after acquiring an additional 8,779 shares during the period. Pittenger & Anderson Inc. lifted its position in AON by 11.8% during the third quarter. Pittenger & Anderson Inc. now owns 15,165 shares of the financial services provider's stock worth $5,247,000 after acquiring an additional 1,605 shares during the last quarter. Sentry Investment Management LLC increased its stake in shares of AON by 5.2% during the third quarter. Sentry Investment Management LLC now owns 2,148 shares of the financial services provider's stock worth $743,000 after purchasing an additional 106 shares during the period. FSM Wealth Advisors LLC bought a new stake in shares of AON in the third quarter valued at about $222,000. Finally, Catalyst Capital Advisors LLC acquired a new position in shares of AON during the 3rd quarter worth approximately $79,000. 86.14% of the stock is currently owned by institutional investors and hedge funds.

AON Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, November 15th. Investors of record on Friday, November 1st will be issued a dividend of $0.675 per share. The ex-dividend date of this dividend is Friday, November 1st. This represents a $2.70 dividend on an annualized basis and a yield of 0.73%. AON's payout ratio is 22.78%.

AON Company Profile

Aon plc, a professional services firm, provides a range of risk and human capital solutions worldwide. It offers commercial risk solutions, including retail brokerage, specialty solutions, global risk consulting and captives management, and affinity programs; and health solutions, such as health and benefits brokerages, and health care exchanges.