37,474 Shares in Aon plc $AON Acquired by Rakuten Investment Management Inc.

Key Points

• Rakuten Investment Management acquired a new stake of 37,474 Aon shares in the third quarter, valued at approximately $10.34 million.
• Other institutions also added to or initiated Aon positions during the quarter; institutional investors collectively own 86.14% of the company’s stock.
• Aon reported quarterly EPS of $3.36, beating the $3.30 consensus, while revenue rose 2.6% year over year to $4.10 billion. The company also announced a quarterly dividend of $0.82 per share.

Rakuten Investment Management Inc. purchased 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 purchased 37,474 shares of the financial services provider's stock, valued at approximately $10,339,000.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Provenance Wealth Advisors LLC lifted its position in shares of AON by 3,069.3% during the third quarter. Provenance Wealth Advisors LLC now owns 4,754 shares of the financial services provider's stock worth $1,316,000 after acquiring an additional 4,604 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new position in shares of AON in the third quarter worth $15,176,000. Aviance Capital Partners LLC purchased a new position in shares of AON in the third quarter valued at $208,000. Profund Advisors LLC grew its position in shares of AON by 10.4% in the third quarter. Profund Advisors LLC now owns 1,977 shares of the financial services provider's stock valued at $547,000 after purchasing an additional 187 shares in the last quarter. Finally, Americana Partners LLC grew its position in shares of AON by 16.2% in the third quarter. Americana Partners LLC now owns 9,482 shares of the financial services provider's stock valued at $2,624,000 after purchasing an additional 1,323 shares in the last quarter. 86.14% of the stock is owned by institutional investors.

AON Stock Down 0.1%

AON opened at $344.43 on Friday. The company has a fifty day moving average price of $300.76 and a 200-day moving average price of $325.95. The firm has a market capitalization of $73.07 billion, a P/E ratio of 18.86, a price-to-earnings-growth ratio of 1.82 and a beta of 0.63. The company has a debt-to-equity ratio of 2.58, a current ratio of 4.72 and a quick ratio of 4.72. Aon plc has a one year low of $266.33 and a one year high of $382.34.

AON (NYSE:AON - Get Free Report) last issued its quarterly earnings data on Wednesday, October 28th. The financial services provider reported $3.36 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.30 by $0.06. AON had a return on equity of 40.46% and a net margin of 22.24%. The company had revenue of $4.10 billion for the quarter, compared to the consensus estimate of $4.08 billion. During the same quarter last year, the business posted $3.05 earnings per share. The firm's revenue was up 2.6% compared to the same quarter last year. Equities research analysts expect that Aon plc will post 18.47 earnings per share for the current fiscal year.

AON Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 13th. Shareholders of record on Monday, November 2nd will be paid a $0.82 dividend. This represents a $3.28 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date is Monday, November 2nd. AON's dividend payout ratio is currently 17.96%.

AON News Summary

Here are the key news stories impacting AON this week:

• Positive Sentiment: Aon renewed its Aon Client Treaty for 2027, raising co-insurance on eligible business from 28.5% to 35%. The expansion also applies the 1.5% client dividend to a larger share of eligible placements and adds facultative capacity. It strengthens Aon’s offering to clients, though the announcement did not quantify its earnings impact. Aon Client Treaty expands to 35% co-insurance for 2027
• Positive Sentiment: Aon and Munich Re launched a pandemic reinsurance solution for insurers in Indonesia and the Philippines, potentially creating a new offering in markets with coverage gaps. Aon and Munich Re launch pandemic reinsurance solution
• Neutral Sentiment: Analyst views were mixed: BMO Capital Markets upgraded AON, while UBS cut its price target; Cantor Fitzgerald and Wells Fargo coverage headlines also pointed to expected upside. BMO upgrades AON UBS cuts AON price target
• Negative Sentiment: Dowling & Partners lowered its 2026 EPS estimate to $18.50 from $18.70, although that remains close to the $18.49 consensus estimate. AON analyst estimate update

Analyst Ratings Changes

A number of brokerages recently issued reports on AON. Cantor Fitzgerald increased their price objective on AON from $400.00 to $410.00 and gave the stock an "overweight" rating in a report on Monday. Evercore cut their target price on AON from $423.00 to $375.00 in a research note on Thursday, October 8th. Citigroup initiated coverage on AON in a report on Monday, September 21st. They set a "buy" rating and a $435.00 target price for the company. JPMorgan Chase & Co. decreased their price target on AON from $412.00 to $362.00 and set an "overweight" rating on the stock in a research report on Thursday, October 1st. Finally, Keefe, Bruyette & Woods lowered their price target on shares of AON from $417.00 to $342.00 and set an "outperform" rating on the stock in a report on Monday, October 12th. Thirteen analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, AON has a consensus rating of "Hold" and an average price target of $369.12.

Insiders Place Their Bets

In other AON news, Director Lester Knight purchased 20,000 shares of the stock in a transaction on Wednesday, September 2nd. The shares were purchased at an average price of $327.48 per share, with a total value of $6,549,600.00. Following the acquisition, the director directly owned 163,000 shares in the company, valued at approximately $53,379,240. The trade was a 13.99% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 1.00% of the stock is owned by corporate insiders.

About AON

Aon plc is a global professional services firm that helps organizations manage risk, make informed decisions and improve workforce outcomes. Its services span commercial risk, health, retirement and investments, and data and analytics.

The company provides insurance brokerage and risk-management services, including coverage placement, claims support, risk transfer and consulting. Through its reinsurance business, Aon also serves insurers and other organizations seeking to manage catastrophe, capital and underwriting risks.

Aon's human capital offerings include employee benefits consulting, retirement advisory services, talent and compensation consulting, and health and workforce solutions.

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