Ensign Peak Advisors Inc Has $72.19 Million Stock Position in Aon plc (NYSE:AON)

Ensign Peak Advisors Inc lowered its position in shares of Aon plc (NYSE:AON - Free Report) by 3.7% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 201,005 shares of the financial services provider's stock after selling 7,749 shares during the quarter. Ensign Peak Advisors Inc owned about 0.09% of AON worth $72,193,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the business. Endeavor Private Wealth Inc. acquired a new position in shares of AON during the 4th quarter valued at $29,000. Richardson Financial Services Inc. raised its position in AON by 2,025.0% in the fourth quarter. Richardson Financial Services Inc. now owns 85 shares of the financial services provider's stock valued at $30,000 after purchasing an additional 81 shares during the period. Millstone Evans Group LLC acquired a new position in shares of AON during the fourth quarter worth about $32,000. Centricity Wealth Management LLC acquired a new stake in shares of AON in the fourth quarter valued at about $39,000. Finally, Kestra Investment Management LLC purchased a new stake in shares of AON during the 4th quarter valued at about $39,000. Hedge funds and other institutional investors own 86.14% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the stock. Redburn Partners set a $445.00 price objective on shares of AON in a research report on Tuesday, March 25th. The Goldman Sachs Group upgraded shares of AON from a "neutral" rating to a "buy" rating and set a $408.00 price objective on the stock in a report on Tuesday. Keefe, Bruyette & Woods lowered their target price on AON from $414.00 to $409.00 and set an "outperform" rating for the company in a research note on Wednesday, April 30th. JPMorgan Chase & Co. boosted their price target on AON from $394.00 to $409.00 and gave the stock an "overweight" rating in a research note on Tuesday, April 8th. Finally, Wells Fargo & Company raised their price objective on AON from $410.00 to $445.00 and gave the company an "overweight" rating in a research note on Monday, February 3rd. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $391.75.

AON Stock Performance

AON stock traded up $5.31 during mid-day trading on Thursday, reaching $357.53. The company's stock had a trading volume of 454,621 shares, compared to its average volume of 1,211,564. The company has a current ratio of 1.40, a quick ratio of 1.40 and a debt-to-equity ratio of 2.58. Aon plc has a twelve month low of $275.07 and a twelve month high of $412.97. The business has a 50 day moving average price of $374.55 and a 200-day moving average price of $375.22. The firm has a market cap of $77.21 billion, a price-to-earnings ratio of 28.20, a PEG ratio of 2.12 and a beta of 0.89.

AON (NYSE:AON - Get Free Report) last announced its earnings results on Friday, April 25th. The financial services provider reported $5.67 earnings per share for the quarter, missing the consensus estimate of $6.04 by ($0.37). AON had a net margin of 16.91% and a return on equity of 70.84%. The business had revenue of $4.73 billion for the quarter, compared to the consensus estimate of $4.83 billion. During the same period in the previous year, the firm earned $5.66 EPS. The firm's revenue was up 16.2% on a year-over-year basis. Sell-side analysts predict that Aon plc will post 17.21 EPS for the current fiscal year.

AON Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, May 15th. Investors of record on Thursday, May 1st will be issued a dividend of $0.745 per share. This is a boost from AON's previous quarterly dividend of $0.68. This represents a $2.98 annualized dividend and a dividend yield of 0.83%. The ex-dividend date of this dividend is Thursday, May 1st. AON's dividend payout ratio (DPR) is currently 25.38%.

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.