RBF Capital LLC Has $1.08 Million Position in Aon plc (NYSE:AON)

RBF Capital LLC reduced its position in shares of Aon plc (NYSE:AON - Free Report) by 26.8% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 3,000 shares of the financial services provider's stock after selling 1,100 shares during the period. RBF Capital LLC's holdings in AON were worth $1,077,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Charles Schwab Investment Management Inc. lifted its stake in shares of AON by 2.6% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,237,784 shares of the financial services provider's stock valued at $444,563,000 after purchasing an additional 31,021 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in AON by 27.7% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 96,548 shares of the financial services provider's stock worth $34,676,000 after purchasing an additional 20,942 shares in the last quarter. Aviva PLC increased its holdings in AON by 19.0% during the 4th quarter. Aviva PLC now owns 255,760 shares of the financial services provider's stock worth $91,859,000 after purchasing an additional 40,850 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd grew its holdings in shares of AON by 5.8% in the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 26,533 shares of the financial services provider's stock valued at $9,530,000 after acquiring an additional 1,451 shares in the last quarter. Finally, Proficio Capital Partners LLC grew its holdings in shares of AON by 43,000.8% in the 4th quarter. Proficio Capital Partners LLC now owns 390,924 shares of the financial services provider's stock valued at $140,404,000 after acquiring an additional 390,017 shares in the last quarter. Institutional investors and hedge funds own 86.14% of the company's stock.

AON Trading Up 1.4 %

Shares of AON stock traded up $4.61 during trading hours on Monday, hitting $340.46. 1,117,709 shares of the company were exchanged, compared to its average volume of 1,304,067. The firm has a market cap of $73.54 billion, a P/E ratio of 26.87, a P/E/G ratio of 2.12 and a beta of 0.82. Aon plc has a fifty-two week low of $275.07 and a fifty-two 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 company has a 50 day simple moving average of $386.53 and a two-hundred day simple moving average of $375.91.

AON (NYSE:AON - Get Free Report) last announced its quarterly earnings data on Friday, April 25th. The financial services provider reported $5.67 EPS for the quarter, missing the consensus estimate of $6.04 by ($0.37). The company had revenue of $4.73 billion for the quarter, compared to analyst estimates of $4.83 billion. AON had a return on equity of 70.84% and a net margin of 16.91%. The business's quarterly revenue was up 16.2% compared to the same quarter last year. During the same period last year, the business earned $5.66 EPS. Equities analysts anticipate that Aon plc will post 17.21 EPS for the current year.

AON Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 15th. Investors of record on Thursday, May 1st will be given a $0.745 dividend. The ex-dividend date is Thursday, May 1st. This represents a $2.98 annualized dividend and a yield of 0.88%. This is an increase from AON's previous quarterly dividend of $0.68. AON's dividend payout ratio (DPR) is presently 25.38%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on AON shares. Jefferies Financial Group lifted their price target on AON from $396.00 to $416.00 and gave the stock a "hold" rating in a report on Friday, April 11th. Wells Fargo & Company increased their price objective on shares of AON from $410.00 to $445.00 and gave the stock an "overweight" rating in a research note on Monday, February 3rd. Royal Bank of Canada increased their target price on shares of AON from $390.00 to $400.00 and gave the stock a "sector perform" rating in a report on Monday, February 3rd. Redburn Partners set a $445.00 target price on shares of AON in a report on Tuesday, March 25th. Finally, Evercore ISI dropped their price objective on shares of AON from $420.00 to $398.00 and set an "outperform" rating for the company in a report on Monday. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and six have given a buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $392.00.

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.