1,721 Shares in Aon plc (NYSE:AON) Bought by Hudock Inc.

Hudock Inc. purchased a new stake in Aon plc (NYSE:AON - Free Report) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 1,721 shares of the financial services provider's stock, valued at approximately $506,000.

Several other institutional investors and hedge funds have also recently modified their holdings of AON. Charles Schwab Investment Management Inc. raised its stake in AON by 0.5% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,058,309 shares of the financial services provider's stock valued at $307,989,000 after buying an additional 5,727 shares in the last quarter. Gryphon Financial Partners LLC raised its holdings in shares of AON by 262.7% in the fourth quarter. Gryphon Financial Partners LLC now owns 4,127 shares of the financial services provider's stock worth $1,181,000 after acquiring an additional 2,989 shares during the last quarter. California State Teachers Retirement System increased its stake in AON by 1.5% in the fourth quarter. California State Teachers Retirement System now owns 331,760 shares of the financial services provider's stock valued at $96,549,000 after purchasing an additional 4,843 shares during the last quarter. Radnor Capital Management LLC grew its holdings in AON by 203.6% in the first quarter. Radnor Capital Management LLC now owns 6,290 shares of the financial services provider's stock valued at $2,099,000 after purchasing an additional 4,218 shares during the period. Finally, Norden Group LLC purchased a new position in shares of AON in the 1st quarter worth $2,044,000. Institutional investors and hedge funds own 86.14% of the company's stock.

AON Trading Up 0.1 %

AON stock traded up $0.48 during mid-day trading on Thursday, reaching $349.03. The company had a trading volume of 663,611 shares, compared to its average volume of 1,244,796. The company has a debt-to-equity ratio of 2.92, a current ratio of 2.42 and a quick ratio of 2.42. The company has a market capitalization of $75.82 billion, a PE ratio of 27.36, a price-to-earnings-growth ratio of 2.22 and a beta of 0.92. The firm has a 50 day moving average of $317.94 and a 200 day moving average of $308.56. Aon plc has a 12 month low of $268.06 and a 12 month high of $349.87.

AON (NYSE:AON - Get Free Report) last released its quarterly earnings data on Friday, July 26th. The financial services provider reported $2.93 earnings per share for the quarter, missing analysts' consensus estimates of $3.08 by ($0.15). The firm had revenue of $3.76 billion during the quarter, compared to analysts' expectations of $3.74 billion. AON had a net margin of 18.00% and a return on equity of 252.81%. The firm's quarterly revenue was up 18.4% on a year-over-year basis. During the same period in the previous year, the firm posted $2.76 EPS. On average, equities analysts predict that Aon plc will post 15.23 earnings per share for the current fiscal year.

AON Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, August 15th. Shareholders of record on Thursday, August 1st were issued a dividend of $0.675 per share. This represents a $2.70 dividend on an annualized basis and a yield of 0.77%. The ex-dividend date of this dividend was Thursday, August 1st. AON's dividend payout ratio (DPR) is 21.16%.

Analyst Ratings Changes

AON has been the topic of a number of recent analyst reports. Bank of America lowered shares of AON from a "neutral" rating to an "underperform" rating and cut their target price for the company from $345.00 to $306.00 in a research note on Wednesday, May 22nd. Royal Bank of Canada reissued a "sector perform" rating and set a $335.00 target price on shares of AON in a research report on Monday, August 5th. Barclays assumed coverage on shares of AON in a research report on Wednesday. They set an "overweight" rating and a $394.00 target price for the company. Piper Sandler boosted their price target on shares of AON from $312.00 to $335.00 and gave the company a "neutral" rating in a report on Monday, July 29th. Finally, Keefe, Bruyette & Woods raised AON from an "underperform" rating to an "outperform" rating and lifted their target price for the company from $313.00 to $380.00 in a research note on Tuesday, July 30th. Two equities research analysts have rated the stock with a sell rating, nine have given a hold rating and four have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $337.27.

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.