80,522 Aon plc $AON Shares Bought by Ashton Thomas Private Wealth LLC

Key Points

• Ashton Thomas Private Wealth increased its Aon stake by 2,709.4% in the third quarter, buying 80,522 shares and ending the period with 83,494 shares worth about $23.1 million.
• Other institutional investors also added to Aon positions, and institutions collectively owned 86.14% of the company’s stock. A director separately bought 20,000 shares.
• Aon reported quarterly earnings of $3.36 per share, topping the $3.30 consensus, while revenue rose 2.6% year over year to $4.10 billion. Analysts’ consensus rating was “Hold,” with a $369.12 average price target.

Ashton Thomas Private Wealth LLC grew its stake in shares of Aon plc (NYSE:AON - Free Report) by 2,709.4% during the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 83,494 shares of the financial services provider's stock after buying an additional 80,522 shares during the quarter. Ashton Thomas Private Wealth LLC's holdings in AON were worth $23,109,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Diversify Advisory Services LLC increased its position in AON by 5,225.7% during the 3rd quarter. Diversify Advisory Services LLC now owns 194,070 shares of the financial services provider's stock valued at $53,713,000 after buying an additional 190,426 shares in the last quarter. NBT Bank N.A. acquired a new position in AON during the 3rd quarter worth $10,117,000. Wellington Management Group LLP raised its position in AON by 16.4% in the 2nd quarter. Wellington Management Group LLP now owns 106,370 shares of the financial services provider's stock valued at $35,282,000 after purchasing an additional 14,996 shares during the last quarter. Farmers & Merchants Investments Inc. boosted its position in AON by 76,726.4% during the 3rd quarter. Farmers & Merchants Investments Inc. now owns 113,703 shares of the financial services provider's stock worth $31,470,000 after acquiring an additional 113,555 shares during the last quarter. Finally, Salem Investment Counselors Inc. lifted its stake in shares of AON by 638.1% in the third quarter. Salem Investment Counselors Inc. now owns 5,639 shares of the financial services provider's stock worth $1,561,000 after acquiring an additional 4,875 shares during the period. Hedge funds and other institutional investors own 86.14% of the company's stock.

Insider Buying and Selling

In other AON news, Director Lester Knight purchased 20,000 shares of the company's stock in a transaction dated Wednesday, September 2nd. The shares were acquired at an average price of $327.48 per share, for a total transaction of $6,549,600.00. Following the purchase, the director directly owned 163,000 shares of the company's stock, valued at $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 accessible through this hyperlink. 1.00% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several brokerages have commented on AON. Morgan Stanley lowered their price objective on AON from $410.00 to $350.00 and set an "overweight" rating for the company in a research report on Tuesday, October 6th. Wolfe Research cut shares of AON from a "hold" rating to a "strong sell" rating in a research report on Friday, September 11th. Piper Sandler reduced their price target on shares of AON from $391.00 to $349.00 and set a "neutral" rating for the company in a research report on Tuesday, September 1st. Weiss Ratings downgraded AON from a "hold (c+)" rating to a "hold (c)" rating in a research note on Thursday, September 17th. Finally, Wells Fargo & Company upped their target price on AON from $323.00 to $364.00 and gave the company an "overweight" rating in a report on Monday, November 2nd. Thirteen research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have assigned a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $369.12.

AON Trading Down 2.9%

NYSE AON opened at $334.57 on Friday. The company has a debt-to-equity ratio of 2.58, a current ratio of 4.72 and a quick ratio of 4.72. The stock has a market capitalization of $70.98 billion, a P/E ratio of 18.02, a P/E/G ratio of 1.75 and a beta of 0.63. Aon plc has a one year low of $266.33 and a one year high of $382.34. The business has a 50 day simple moving average of $300.47 and a 200 day simple moving average of $325.93.

AON (NYSE:AON - Get Free Report) last announced its quarterly earnings results on Wednesday, October 28th. The financial services provider reported $3.36 EPS for the quarter, beating analysts' consensus estimates of $3.30 by $0.06. The company had revenue of $4.10 billion during the quarter, compared to analyst estimates of $4.08 billion. AON had a return on equity of 40.46% and a net margin of 22.24%. The firm's revenue was up 2.6% on a year-over-year basis. During the same period in the prior year, the company earned $3.05 earnings per share. Research analysts expect that Aon plc will post 18.47 earnings per share for the current year.

AON Announces Dividend

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

Key Headlines Impacting AON

Here are the key news stories impacting AON this week:

• Positive Sentiment: Aon and funds managed by Blackstone are launching Cortina, a Lloyd’s syndicate intended to provide dedicated, multi-year reinsurance capacity. The venture could broaden capital available to clients, and participating Aon clients may receive a dividend. Cortina is expected to start underwriting on January 1, 2027, subject to final approvals, with QBE as managing agent. Article
• Positive Sentiment: Aon is expanding its Lloyd’s-backed follow-form client treaty facility to cover 35% for 2027, up from 28.5%, and adding facultative capacity for Canadian insurers. The move may strengthen Aon’s reinsurance offering and client relationships, though the expanded capacity is forward-looking. Article
• Positive Sentiment: BMO Capital Markets upgraded its rating on AON, a supportive analyst signal. The linked report does not provide the revised rating or price target. Article
• Neutral Sentiment: An Aon report forecasts India’s medical-cost growth will slow to 10.1% in 2027. This may be useful to clients, but the report’s outlook alone has no clear, direct near-term earnings implication for Aon. Article
• Negative Sentiment: Dowling & Partners lowered its 2026 earnings-per-share estimate to $18.50 from $18.70. The reduction is modest and close to the cited consensus estimate of $18.47, but may weigh on sentiment. Article

About AON

Aon plc is a global professional services firm that helps organizations manage risk and make decisions about their people and finances. Its services include insurance brokerage, risk consulting, reinsurance solutions, employee benefits consulting and retirement and investment advisory services.

The company serves businesses and institutions across a broad range of industries and geographies. Aon was formed in 1982 as Ryan Insurance Group and adopted the Aon name in 1987. It is headquartered in Dublin, Ireland, and operates internationally.

Greg Case has served as Aon's chief executive officer since 2005.

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