Wilmington Savings Fund Society FSB Invests $1.96 Million in Aon plc (NYSE:AON)

Wilmington Savings Fund Society FSB bought a new stake in shares of Aon plc (NYSE:AON - Free Report) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 5,663 shares of the financial services provider's stock, valued at approximately $1,959,000.

Other institutional investors also recently modified their holdings of the company. Valley Wealth Managers Inc. boosted its position in shares of AON by 3.3% during the third quarter. Valley Wealth Managers Inc. now owns 886 shares of the financial services provider's stock worth $307,000 after purchasing an additional 28 shares in the last quarter. CVA Family Office LLC increased its stake in AON by 8.4% during the 3rd quarter. CVA Family Office LLC now owns 373 shares of the financial services provider's stock worth $129,000 after purchasing an additional 29 shares in the last quarter. Amplius Wealth Advisors LLC raised its holdings in shares of AON by 2.4% during the third quarter. Amplius Wealth Advisors LLC now owns 1,331 shares of the financial services provider's stock worth $460,000 after acquiring an additional 31 shares during the period. Intellectus Partners LLC boosted its stake in AON by 3.2% in the 3rd quarter. Intellectus Partners LLC now owns 992 shares of the financial services provider's stock worth $343,000 after purchasing an additional 31 shares during the period. Finally, waypoint wealth counsel increased its holdings in AON by 3.6% during the 3rd quarter. waypoint wealth counsel now owns 927 shares of the financial services provider's stock worth $321,000 after purchasing an additional 32 shares in the last quarter. Institutional investors and hedge funds own 86.14% of the company's stock.

Analyst Ratings Changes

Several research analysts have recently weighed in on the company. Keefe, Bruyette & Woods upped their price objective on AON from $385.00 to $415.00 and gave the stock an "outperform" rating in a research report on Tuesday, October 29th. Evercore ISI raised their price target on shares of AON from $338.00 to $384.00 and gave the stock an "in-line" rating in a research note on Wednesday, October 9th. Barclays boosted their price objective on shares of AON from $394.00 to $440.00 and gave the stock an "overweight" rating in a research report on Thursday, November 21st. 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 research report on Monday, November 4th. Finally, Deutsche Bank Aktiengesellschaft raised their price objective on AON from $311.00 to $353.00 and gave the company a "hold" rating in a report on Monday, August 26th. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating and four have given a buy rating to the company. According to MarketBeat, the company has an average rating of "Hold" and a consensus price target of $362.06.

Insider Activity

In related news, insider Lisa Stevens sold 1,275 shares of the company's stock in a transaction on Tuesday, November 26th. The shares were sold at an average price of $387.68, for a total transaction of $494,292.00. Following the completion of the transaction, the insider now owns 8,077 shares in the company, 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 legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO Mindy F. Simon sold 650 shares of the stock in a transaction that occurred 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 of the company's stock, valued at approximately $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. Company insiders own 1.30% of the company's stock.

AON Trading Down 0.4 %

Shares of AON traded down $1.53 during trading hours on Friday, hitting $361.19. The company had a trading volume of 1,083,030 shares, compared to its average volume of 1,069,203. The company has a quick ratio of 2.05, a current ratio of 2.05 and a debt-to-equity ratio of 2.66. Aon plc has a 52-week low of $268.06 and a 52-week high of $395.33. The firm has a market cap of $78.11 billion, a P/E ratio of 30.48, a P/E/G ratio of 2.28 and a beta of 0.91. The stock's 50 day moving average price is $371.79 and its 200 day moving average price is $336.92.

AON Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, November 15th. Stockholders of record on Friday, November 1st were given a $0.675 dividend. This represents a $2.70 dividend on an annualized basis and a dividend yield of 0.75%. The ex-dividend date was Friday, November 1st. AON's dividend payout ratio is presently 22.78%.

AON 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.