Partners Capital Investment Group LLP Has $4.78 Million Holdings in Aon plc (NYSE:AON)

Partners Capital Investment Group LLP lessened its position in shares of Aon plc (NYSE:AON - Free Report) by 49.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 13,311 shares of the financial services provider's stock after selling 13,051 shares during the period. Partners Capital Investment Group LLP's holdings in AON were worth $4,781,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Catalyst Capital Advisors LLC grew its position in AON by 59.2% during the fourth quarter. Catalyst Capital Advisors LLC now owns 363 shares of the financial services provider's stock valued at $130,000 after acquiring an additional 135 shares during the period. Principal Financial Group Inc. grew its position in AON by 5.1% during the fourth quarter. Principal Financial Group Inc. now owns 267,374 shares of the financial services provider's stock valued at $96,030,000 after acquiring an additional 12,893 shares during the period. Financiere des Professionnels Fonds d investissement inc. grew its position in AON by 2.8% during the fourth quarter. Financiere des Professionnels Fonds d investissement inc. now owns 65,757 shares of the financial services provider's stock valued at $23,617,000 after acquiring an additional 1,784 shares during the period. MOKAN Wealth Management Inc. purchased a new stake in shares of AON in the fourth quarter worth about $1,086,000. Finally, Principal Securities Inc. grew its stake in shares of AON by 503.1% in the fourth quarter. Principal Securities Inc. now owns 2,738 shares of the financial services provider's stock valued at $983,000 after buying an additional 2,284 shares in the last quarter. Hedge funds and other institutional investors own 86.14% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the company. JPMorgan Chase & Co. boosted their price target on 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 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. Piper Sandler boosted their price target on AON from $372.00 to $384.00 and gave the stock a "neutral" rating in a research report on Monday, February 3rd. Barclays boosted their price target on AON from $394.00 to $440.00 and gave the stock an "overweight" rating in a research report on Thursday, November 21st. Finally, Wells Fargo & Company boosted their price target on AON from $410.00 to $445.00 and gave the stock an "overweight" rating in a research report 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 company. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $386.21.

Insider Activity

In other news, insider Lisa Stevens sold 1,275 shares of the company's stock in a transaction on Tuesday, November 26th. The stock was sold at an average price of $387.68, for a total transaction of $494,292.00. Following the completion of the sale, the insider now directly owns 8,077 shares of the company's stock, valued at $3,131,291.36. This represents a 13.63 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, COO Mindy F. Simon sold 650 shares of the company's stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of $394.34, for a total value of $256,321.00. Following the transaction, the chief operating officer now directly owns 1,816 shares in the company, valued at $716,121.44. The trade was a 26.36 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.30% of the company's stock.

AON Stock Performance

AON traded down $1.84 during trading on Thursday, reaching $393.04. 667,938 shares of the company were exchanged, compared to its average volume of 1,018,053. The stock has a market cap of $85.00 billion, a P/E ratio of 31.05, a PEG ratio of 2.13 and a beta of 0.93. The firm has a 50 day moving average of $367.38 and a 200 day moving average of $360.88. The company has a current ratio of 1.40, a quick ratio of 2.05 and a debt-to-equity ratio of 2.58. Aon plc has a 52 week low of $268.06 and a 52 week high of $395.65.

AON (NYSE:AON - Get Free Report) last issued its quarterly earnings data on Friday, January 31st. The financial services provider reported $4.42 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 quarter in the prior year, the company posted $3.89 earnings per share. On average, sell-side analysts forecast that Aon plc will post 17.21 EPS for the current fiscal year.

AON Announces Dividend

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

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.