Aon plc $AON Shares Bought by CYBER HORNET ETFs LLC

Key Points

• CYBER HORNET ETFs LLC dramatically increased its Aon stake by 4,903.4% in the second quarter, acquiring 28,881 additional shares for a total of 29,470 shares valued at approximately $9.8 million.
• Aon received mixed signals from investors and analysts: Director Lester Knight purchased $6.55 million in shares, while Mizuho and Piper Sandler reduced their price targets. Analysts overall maintain a “Moderate Buy” rating with an average target of $399.12.
• Aon’s latest quarter showed modest growth, with revenue rising 2.2% year over year to $4.25 billion and adjusted earnings of $3.81 per share. The company also maintains a quarterly dividend of $0.82 per share, equivalent to a 1.0% annual yield.

CYBER HORNET ETFs LLC grew its holdings in Aon plc (NYSE:AON - Free Report) by 4,903.4% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 29,470 shares of the financial services provider's stock after acquiring an additional 28,881 shares during the period. AON comprises approximately 3.3% of CYBER HORNET ETFs LLC's holdings, making the stock its 5th biggest holding. CYBER HORNET ETFs LLC's holdings in AON were worth $9,775,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the business. City National Bank of Florida MSD raised its position in AON by 3.8% in the fourth quarter. City National Bank of Florida MSD now owns 867 shares of the financial services provider's stock valued at $306,000 after purchasing an additional 32 shares during the period. MassMutual Private Wealth & Trust FSB grew its stake in shares of AON by 5.3% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 650 shares of the financial services provider's stock valued at $216,000 after buying an additional 33 shares in the last quarter. Larson Financial Group LLC raised its holdings in shares of AON by 0.4% during the 4th quarter. Larson Financial Group LLC now owns 9,584 shares of the financial services provider's stock valued at $3,382,000 after buying an additional 34 shares during the period. Aspen Grove Capital LLC lifted its position in AON by 4.8% during the 1st quarter. Aspen Grove Capital LLC now owns 737 shares of the financial services provider's stock worth $238,000 after acquiring an additional 34 shares in the last quarter. Finally, J.W. Cole Advisors Inc. boosted its holdings in AON by 1.9% in the 4th quarter. J.W. Cole Advisors Inc. now owns 1,863 shares of the financial services provider's stock worth $648,000 after acquiring an additional 35 shares during the period. 86.14% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting AON

Here are the key news stories impacting AON this week:

• Positive Sentiment: Aon director Lester Knight purchased 20,000 shares for approximately $6.55 million, increasing his direct holdings by nearly 14%. The sizable insider purchase may signal confidence that the recent weakness has created attractive value. Aon director stock purchase filing
• Positive Sentiment: Aon executives highlighted strong demand for insurance-linked securities and expect continued growth through year-end and into 2027. A more flexible reinsurance market, supported by approximately $800 billion of capital, could increase transaction activity and benefit Aon’s brokerage and advisory operations. Strong ILS demand and continued growth expected
• Positive Sentiment: The company urged insurers to use record reinsurance capacity and third-party capital to support growth, reinforcing the potential for expanding demand for Aon’s capital-markets and risk-transfer services. Aon urges insurers to use reinsurance and third-party capital
• Positive Sentiment: Aon launched a defined-benefit pension “run-on” solution aimed at smaller schemes, broadening its retirement-services offering and potentially creating additional recurring consulting revenue. Aon launches run-on solution
• Neutral Sentiment: Chief Executive Greg Case will speak at the KBW Insurance Conference on September 10, giving investors a potential catalyst for updates on the USI transaction, organic growth and capital allocation. Aon to speak at the KBW Insurance Conference
• Negative Sentiment: Analysis of Aon’s planned $17 billion USI acquisition questioned whether roughly $395 million in expected synergies will adequately offset the risks of another debt-funded megadeal. Leverage and integration concerns may be weighing on valuation. Analysis of Aon’s USI acquisition
• Negative Sentiment: Mizuho lowered its price target while maintaining an outperform rating, adding near-term pressure amid broader uncertainty over valuation and the acquisition’s financing. This caution contrasts with the more bullish view from Keefe, Bruyette & Woods. Mizuho forecast for AON

Analysts Set New Price Targets

AON has been the topic of a number of analyst reports. Evercore reiterated an "outperform" rating and set a $423.00 price objective on shares of AON in a research note on Wednesday. Barclays raised their price target on shares of AON from $372.00 to $382.00 and gave the company an "equal weight" rating in a report on Tuesday, July 7th. Roth Capital set a $380.00 price target on shares of AON in a research note on Tuesday, September 1st. Piper Sandler cut their price objective on shares of AON from $391.00 to $349.00 and set a "neutral" rating on the stock in a report on Tuesday, September 1st. Finally, Weiss Ratings upgraded AON from a "hold (c)" rating to a "hold (c+)" rating in a research note on Wednesday, August 19th. Twelve equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $399.12.

AON Stock Performance

AON stock opened at $322.57 on Monday. The company has a debt-to-equity ratio of 1.34, a current ratio of 1.54 and a quick ratio of 1.54. Aon plc has a 12 month low of $304.59 and a 12 month high of $382.34. The company has a fifty day moving average price of $353.58 and a two-hundred day moving average price of $334.24. The company has a market cap of $68.42 billion, a PE ratio of 17.78, a P/E/G ratio of 1.63 and a beta of 0.66.

AON (NYSE:AON - Get Free Report) last issued its earnings results on Wednesday, July 29th. The financial services provider reported $3.81 earnings per share for the quarter, topping analysts' consensus estimates of $3.80 by $0.01. AON had a net margin of 22.27% and a return on equity of 42.13%. The company had revenue of $4.25 billion for the quarter, compared to analysts' expectations of $4.28 billion. During the same period in the prior year, the company earned $3.49 earnings per share. The firm's revenue was up 2.2% compared to the same quarter last year. Research analysts expect that Aon plc will post 18.99 earnings per share for the current year.

AON Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 14th. Investors of record on Monday, August 3rd were paid a dividend of $0.82 per share. The ex-dividend date was Monday, August 3rd. This represents a $3.28 annualized dividend and a yield of 1.0%. AON's dividend payout ratio is 18.08%.

Insider Transactions at AON

In related news, Director Lester B. Knight purchased 20,000 shares of the company's stock in a transaction dated Wednesday, September 2nd. The shares were acquired at an average cost of $327.48 per share, for a total transaction of $6,549,600.00. Following the transaction, the director owned 163,000 shares of the company's stock, valued at $53,379,240. This trade represents a 13.99% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, General Counsel Darren Zeidel sold 1,950 shares of the business's stock in a transaction that occurred on Friday, July 17th. The shares were sold at an average price of $372.05, for a total value of $725,497.50. Following the transaction, the general counsel owned 13,404 shares of the company's stock, valued at $4,986,958.20. This represents a 12.70% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 4,450 shares of company stock worth $1,659,242 in the last three months. 1.00% of the stock is currently owned by corporate insiders.

AON Company Profile

Aon plc is a global professional services firm that provides a broad suite of risk, retirement and health solutions to corporations, institutions and individuals. The company operates primarily as an insurance broker and risk adviser, helping clients identify, quantify and transfer risk across property, casualty, cyber and other areas. Aon also offers reinsurance brokerage and capital market solutions that connect insurers, reinsurers and corporate buyers.

In addition to traditional brokerage activities, Aon delivers consulting and outsourcing services in areas such as human capital, benefits, and retirement plan design and administration.

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