Royal London Asset Management Ltd. Purchases 2,162 Shares of Aon plc (NYSE:AON)

Royal London Asset Management Ltd. increased its holdings in shares of Aon plc (NYSE:AON - Free Report) by 2.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 82,718 shares of the financial services provider's stock after acquiring an additional 2,162 shares during the quarter. Royal London Asset Management Ltd.'s holdings in AON were worth $29,709,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Endeavor Private Wealth Inc. bought a new position in shares of AON during the fourth quarter worth approximately $29,000. Richardson Financial Services Inc. increased its stake in AON by 2,025.0% during the 4th quarter. Richardson Financial Services Inc. now owns 85 shares of the financial services provider's stock worth $30,000 after acquiring an additional 81 shares during the period. Anchor Investment Management LLC lifted its position in shares of AON by 1,162.5% during the 3rd quarter. Anchor Investment Management LLC now owns 101 shares of the financial services provider's stock valued at $35,000 after acquiring an additional 93 shares during the period. Centricity Wealth Management LLC acquired a new stake in shares of AON during the 4th quarter worth $39,000. Finally, Kestra Investment Management LLC bought a new stake in AON during the fourth quarter worth about $39,000. Institutional investors and hedge funds own 86.14% of the company's stock.

Analyst Ratings Changes

Several brokerages have recently commented on AON. Piper Sandler boosted their target price on shares of AON from $372.00 to $384.00 and gave the company a "neutral" rating in a research report on Monday, February 3rd. Evercore ISI upgraded AON from an "in-line" rating to an "outperform" rating and upped their target price for the stock from $407.00 to $420.00 in a research note on Wednesday, January 8th. Keefe, Bruyette & Woods lifted their price target on AON from $411.00 to $414.00 and gave the company an "outperform" rating in a research note on Wednesday, February 5th. Wells Fargo & Company increased their price objective on shares of AON from $410.00 to $445.00 and gave the company an "overweight" rating in a research note on Monday, February 3rd. Finally, JPMorgan Chase & Co. boosted their price objective on AON from $379.00 to $394.00 and gave the stock an "overweight" rating in a research report on Friday, January 3rd. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, AON currently has an average rating of "Hold" and a consensus target price of $386.21.

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AON Trading Up 0.0 %

Shares of AON stock traded up $0.15 on Wednesday, reaching $396.29. 884,094 shares of the company's stock were exchanged, compared to its average volume of 1,105,178. The company has a market capitalization of $85.60 billion, a P/E ratio of 31.30, a price-to-earnings-growth ratio of 2.12 and a beta of 0.92. Aon plc has a 52 week low of $268.06 and a 52 week high of $412.97. The company has a debt-to-equity ratio of 2.58, a quick ratio of 1.40 and a current ratio of 1.40. The firm's 50-day moving average is $386.85 and its two-hundred day moving average is $371.39.

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

AON Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, February 14th. Stockholders of record on Monday, February 3rd were given a dividend of $0.675 per share. This represents a $2.70 dividend on an annualized basis and a dividend yield of 0.68%. The ex-dividend date was Monday, February 3rd. AON's payout ratio 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.