AON (NYSE:AON) Given New $375.00 Price Target at Evercore

Key Points

• Evercore lowered AON’s price target to $375 from $423, but the new target still implies approximately 37% upside from the $272.94 share price.
• Analyst sentiment remains broadly positive, with a consensus “Moderate Buy” rating and an average price target of $375.29, despite mixed revisions from firms including JPMorgan, Piper Sandler and Cantor Fitzgerald.
• AON’s latest quarterly results narrowly exceeded earnings expectations, while institutional investors own 86.14% of the stock and an AON director recently purchased 20,000 shares.

AON (NYSE:AON - Get Free Report) had its price target decreased by stock analysts at Evercore from $423.00 to $375.00 in a research note issued on Thursday. Evercore's price objective suggests a potential upside of 37.39% from the company's current price.

Several other research analysts have also weighed in on AON. TD Cowen increased their price objective on shares of AON from $416.00 to $420.00 and gave the stock a "buy" rating in a report on Monday, September 14th. JPMorgan Chase & Co. cut their price target on shares of AON from $412.00 to $362.00 and set an "overweight" rating on the stock in a research note on Thursday, October 1st. Weiss Ratings cut shares of AON from a "hold (c+)" rating to a "hold (c)" rating in a research note on Thursday, September 17th. Piper Sandler dropped their price objective on AON from $391.00 to $349.00 and set a "neutral" rating for the company in a report on Tuesday, September 1st. Finally, Cantor Fitzgerald reduced their target price on AON from $433.00 to $400.00 and set an "overweight" rating on the stock in a report on Wednesday. Twelve investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, AON currently has a consensus rating of "Moderate Buy" and an average target price of $375.29.

AON Price Performance

Shares of NYSE:AON opened at $272.94 on Thursday. The company has a market cap of $57.90 billion, a P/E ratio of 15.05, a P/E/G ratio of 1.42 and a beta of 0.70. The business has a fifty day simple moving average of $318.62 and a 200-day simple moving average of $327.54. AON has a 52 week low of $266.33 and a 52 week high of $382.34. The company has a quick ratio of 1.54, a current ratio of 1.54 and a debt-to-equity ratio of 1.34.

AON (NYSE:AON - Get Free Report) last released its earnings results on Wednesday, July 29th. The financial services provider reported $3.81 earnings per share for the quarter, topping the consensus estimate of $3.80 by $0.01. The firm had revenue of $4.25 billion for the quarter, compared to the consensus estimate of $4.28 billion. AON had a return on equity of 42.13% and a net margin of 22.27%. The firm's revenue for the quarter was up 2.2% compared to the same quarter last year. During the same period in the prior year, the business posted $3.49 earnings per share. Equities research analysts forecast that AON will post 18.75 EPS for the current year.

Insider Activity at AON

In other AON news, Director Lester B. Knight purchased 20,000 shares of the firm's stock in a transaction that occurred on Wednesday, September 2nd. The stock was purchased at an average cost of $327.48 per share, with a total value of $6,549,600.00. Following the transaction, the director owned 163,000 shares in the company, valued at approximately $53,379,240. This trade represents a 13.99% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, General Counsel Darren Zeidel sold 1,900 shares of the stock in a transaction on Tuesday, July 28th. The shares were sold at an average price of $377.76, for a total value of $717,744.00. Following the completion of the sale, the general counsel owned 11,504 shares of the company's stock, valued at approximately $4,345,751.04. This represents a 14.17% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 1.00% of the stock is owned by insiders.

Institutional Investors Weigh In On AON

Several institutional investors and hedge funds have recently modified their holdings of the stock. Independent Franchise Partners LLP raised its holdings in shares of AON by 0.9% during the 4th quarter. Independent Franchise Partners LLP now owns 2,115,523 shares of the financial services provider's stock valued at $746,526,000 after buying an additional 19,037 shares during the period. Bank of America Corp DE grew its position in AON by 16.3% in the first quarter. Bank of America Corp DE now owns 1,582,680 shares of the financial services provider's stock valued at $510,857,000 after acquiring an additional 222,092 shares in the last quarter. Amundi raised its stake in shares of AON by 23.5% during the first quarter. Amundi now owns 1,502,890 shares of the financial services provider's stock valued at $485,103,000 after purchasing an additional 285,549 shares during the period. Dimensional Fund Advisors LP raised its stake in shares of AON by 20.5% during the first quarter. Dimensional Fund Advisors LP now owns 1,253,769 shares of the financial services provider's stock valued at $404,709,000 after purchasing an additional 213,051 shares during the period. Finally, Arrowstreet Capital Limited Partnership lifted its position in shares of AON by 74.7% during the first quarter. Arrowstreet Capital Limited Partnership now owns 797,418 shares of the financial services provider's stock worth $257,391,000 after purchasing an additional 340,866 shares in the last quarter. Hedge funds and other institutional investors own 86.14% of the company's stock.

Key Stories Impacting AON

Here are the key news stories impacting AON this week:

• Positive Sentiment: Expanded middle-market leadership: Aon gave Denise Perlman additional responsibility for middle-market growth across risk capital and reinsurance. The move is intended to strengthen execution in an important growth segment. Aon Expands Denise Perlman's Leadership Role to Advance Middle Market Growth Across Risk Capital
• Positive Sentiment: AI and workforce partnerships: Strada announced a partnership with Aon and new AI-powered innovations ahead of Workday Rising U.S. 2026, potentially improving Aon’s technology capabilities and exposure to demand for AI-enabled workforce solutions. Strada unveils Aon partnership and new AI-powered innovations
• Positive Sentiment: Analyst support: Cantor Fitzgerald assigned Aon a $400 price target, while Morgan Stanley reaffirmed its Buy rating. These calls indicate some analysts view the recent weakness as an opportunity. AON Given New $400.00 Price Target at Cantor Fitzgerald
• Neutral Sentiment: Insurance-market positioning: Aon and WTW are increasing pressure on insurers to address exclusions for artificial-intelligence-related risks. The issue could create advisory opportunities but also reflects uncertainty over coverage, pricing and potential claims. Aon and WTW add to broker pressure on AI exclusions
• Negative Sentiment: Lower earnings estimate: Dowling & Partners cut its FY2026 EPS forecast for Aon to $18.70 from $19.50, although the revised estimate remains close to the $18.81 consensus. Lower profit expectations can pressure valuation and investor confidence.
• Negative Sentiment: Acquisition-related concerns: Suncoast Equity Management discussed exiting Aon after the company’s middle-market M&A activity, signaling that at least one investment manager remains cautious about the strategy’s execution and returns. Exiting Aon Following Middle Market M&A

AON Company Profile

Aon plc is a global professional services firm that helps organizations manage risk, make better decisions and improve performance. Its services are organized around risk capital and human capital, combining advisory expertise, data, analytics and insurance-related solutions.

The company provides commercial risk brokerage and consulting, reinsurance brokerage, retirement and investment advisory services, health benefits consulting, talent and compensation consulting, and related technology and data products.

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