Aon plc (NYSE:AON) Shares Bought by Wealthspire Advisors LLC

Wealthspire Advisors LLC boosted its stake in shares of Aon plc (NYSE:AON - Free Report) by 5.1% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 296,862 shares of the financial services provider's stock after purchasing an additional 14,283 shares during the period. AON makes up approximately 1.1% of Wealthspire Advisors LLC's portfolio, making the stock its 20th biggest holding. Wealthspire Advisors LLC owned 0.14% of AON worth $106,621,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Endeavor Private Wealth Inc. purchased a new position in shares of AON during the 4th quarter valued at approximately $29,000. Richardson Financial Services Inc. grew its position in AON by 2,025.0% during the fourth quarter. Richardson Financial Services Inc. now owns 85 shares of the financial services provider's stock valued at $30,000 after buying an additional 81 shares during the period. Anchor Investment Management LLC raised its position in shares of AON by 1,162.5% in the third quarter. Anchor Investment Management LLC now owns 101 shares of the financial services provider's stock worth $35,000 after acquiring an additional 93 shares during the period. First Personal Financial Services purchased a new stake in shares of AON during the 3rd quarter worth about $37,000. Finally, Centricity Wealth Management LLC acquired a new stake in shares of AON during the 4th quarter valued at about $39,000. 86.14% of the stock is owned by institutional investors and hedge funds.

AON Trading Up 1.1 %

Shares of AON traded up $4.38 during mid-day trading on Monday, reaching $393.94. The stock had a trading volume of 297,094 shares, compared to its average volume of 1,017,761. The company has a debt-to-equity ratio of 2.58, a current ratio of 1.40 and a quick ratio of 2.05. The business's fifty day moving average is $368.55 and its 200 day moving average is $362.06. Aon plc has a 52-week low of $268.06 and a 52-week high of $396.15. The firm has a market cap of $85.09 billion, a price-to-earnings ratio of 31.12, a P/E/G ratio of 2.14 and a beta of 0.93.

AON (NYSE:AON - Get Free Report) last released its quarterly earnings results 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 firm posted $3.89 EPS. On average, sell-side analysts predict that Aon plc will post 17.21 EPS for the current fiscal year.

AON Dividend Announcement

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

Insider Buying and Selling at AON

In other news, insider Lisa Stevens sold 1,275 shares of the stock in a transaction dated Tuesday, November 26th. The shares were sold at an average price of $387.68, for a total transaction of $494,292.00. Following the sale, the insider now owns 8,077 shares of the company's stock, valued at approximately $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 Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Mindy F. Simon sold 650 shares of AON stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $394.34, for a total transaction of $256,321.00. Following the completion of the transaction, the chief operating officer now owns 1,816 shares of the company's stock, valued at $716,121.44. This trade represents a 26.36 % decrease in their position. The disclosure for this sale can be found here. 1.30% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several brokerages have commented on AON. JPMorgan Chase & Co. raised their price objective on AON from $379.00 to $394.00 and gave the company an "overweight" rating in a report on Friday, January 3rd. BMO Capital Markets boosted their price target on shares of AON from $325.00 to $380.00 and gave the stock a "market perform" rating in a report on Monday, November 4th. Royal Bank of Canada increased their price objective on shares of AON from $390.00 to $400.00 and gave the company a "sector perform" rating in a report on Monday, February 3rd. Piper Sandler upped their price target on shares of AON from $372.00 to $384.00 and gave the stock a "neutral" rating in a research report on Monday, February 3rd. Finally, Wells Fargo & Company lifted their price objective on AON from $410.00 to $445.00 and gave the stock an "overweight" rating in a report on Monday, February 3rd. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $386.21.

AON Profile

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.