OneDigital Investment Advisors LLC Decreases Holdings in Aon plc (NYSE:AON)

OneDigital Investment Advisors LLC lowered its position in Aon plc (NYSE:AON - Free Report) by 7.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 9,089 shares of the financial services provider's stock after selling 701 shares during the period. OneDigital Investment Advisors LLC's holdings in AON were worth $3,264,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of AON. Norges Bank bought a new stake in AON during the fourth quarter valued at approximately $596,665,000. Artisan Partners Limited Partnership increased its stake in shares of AON by 86.7% in the 4th quarter. Artisan Partners Limited Partnership now owns 2,067,551 shares of the financial services provider's stock worth $742,582,000 after purchasing an additional 960,204 shares in the last quarter. Geode Capital Management LLC raised its holdings in AON by 14.5% in the 4th quarter. Geode Capital Management LLC now owns 4,949,919 shares of the financial services provider's stock worth $1,773,165,000 after purchasing an additional 627,742 shares during the period. First Trust Advisors LP lifted its position in AON by 5,877.4% during the fourth quarter. First Trust Advisors LP now owns 536,174 shares of the financial services provider's stock valued at $192,572,000 after purchasing an additional 527,204 shares in the last quarter. Finally, Proficio Capital Partners LLC increased its position in AON by 43,000.8% in the fourth quarter. Proficio Capital Partners LLC now owns 390,924 shares of the financial services provider's stock worth $140,404,000 after buying an additional 390,017 shares in the last quarter. Institutional investors own 86.14% of the company's stock.

Analyst Upgrades and Downgrades

AON has been the topic of a number of analyst reports. Evercore ISI raised AON from an "in-line" rating to an "outperform" rating and lifted their price objective for the company from $407.00 to $420.00 in a research report on Wednesday, January 8th. Jefferies Financial Group increased their price objective on shares of AON from $396.00 to $416.00 and gave the stock a "hold" rating in a research note on Friday, April 11th. Keefe, Bruyette & Woods lifted their target price on shares of AON from $411.00 to $414.00 and gave the company an "outperform" rating in a research note on Wednesday, February 5th. Piper Sandler increased 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. Finally, Redburn Atlantic upgraded AON to a "hold" rating in a research report on Tuesday, March 25th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $393.87.

AON Stock Up 3.5 %

Shares of AON opened at $368.53 on Wednesday. The company has a debt-to-equity ratio of 2.58, a current ratio of 1.40 and a quick ratio of 1.40. The stock has a market capitalization of $79.60 billion, a price-to-earnings ratio of 29.11, a price-to-earnings-growth ratio of 2.12 and a beta of 0.82. Aon plc has a 1 year low of $268.06 and a 1 year high of $412.97. The business's 50 day simple moving average is $388.46 and its 200-day simple moving average is $375.68.

AON (NYSE:AON - Get Free Report) last released its quarterly earnings data 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 last year, the company earned $3.89 earnings per share. As a group, equities analysts expect that Aon plc will post 17.21 earnings per share for the current fiscal year.

AON Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 15th. Shareholders of record on Thursday, May 1st will be given a dividend of $0.745 per share. The ex-dividend date is Thursday, May 1st. This is an increase from AON's previous quarterly dividend of $0.68. This represents a $2.98 dividend on an annualized basis and a yield of 0.81%. AON's dividend payout ratio is 23.54%.

About AON

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.

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