Aon plc $AON Shares Purchased by Sowell Financial Services LLC

Key Points

• Sowell Financial Services increased its Aon stake by 12,855.3% in the third quarter, acquiring 140,766 additional shares and bringing its holdings to 141,861 shares valued at approximately $39.3 million.
• Institutional ownership remains high at 86.14%, with Robeco, Ninety One UK and other major investors also increasing their positions in Aon.
• Analyst sentiment is mixed but leans positive, with a consensus “Moderate Buy” rating and a $367.59 price target; Aon recently beat quarterly EPS estimates and declared a quarterly dividend of $0.82 per share.

Sowell Financial Services LLC increased its stake in Aon plc (NYSE:AON - Free Report) by 12,855.3% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 141,861 shares of the financial services provider's stock after acquiring an additional 140,766 shares during the period. AON comprises approximately 1.1% of Sowell Financial Services LLC's portfolio, making the stock its 15th largest position. Sowell Financial Services LLC owned about 0.07% of AON worth $39,263,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. Robeco Institutional Asset Management B.V. raised its position in AON by 11,179.6% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 4,026,135 shares of the financial services provider's stock worth $1,114,313,000 after purchasing an additional 3,990,441 shares during the period. Ninety One UK Ltd boosted its position in AON by 419.8% during the third quarter. Ninety One UK Ltd now owns 836,932 shares of the financial services provider's stock valued at $231,638,000 after buying an additional 675,919 shares during the period. Arrowstreet Capital Limited Partnership boosted its position in AON by 74.7% during the first quarter. Arrowstreet Capital Limited Partnership now owns 797,418 shares of the financial services provider's stock valued at $257,391,000 after buying an additional 340,866 shares during the period. The Manufacturers Life Insurance Company grew its stake in shares of AON by 136.1% during the first quarter. The Manufacturers Life Insurance Company now owns 547,850 shares of the financial services provider's stock valued at $176,835,000 after buying an additional 315,817 shares during the last quarter. Finally, Amundi grew its stake in shares of AON by 23.5% during the first quarter. Amundi now owns 1,502,890 shares of the financial services provider's stock valued at $485,103,000 after buying an additional 285,549 shares during the last quarter. Institutional investors own 86.14% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on AON. JPMorgan Chase & Co. dropped their target price on AON from $412.00 to $362.00 and set an "overweight" rating for the company in a report on Thursday, October 1st. BMO Capital Markets reduced their price target on AON from $360.00 to $286.00 and set a "market perform" rating on the stock in a research report on Thursday, October 1st. Citigroup started coverage on AON in a research note on Monday, September 21st. They issued a "buy" rating and a $435.00 price target on the stock. Wolfe Research downgraded AON from a "hold" rating to a "strong sell" rating in a research report on Friday, September 11th. Finally, Piper Sandler dropped their price objective on AON from $391.00 to $349.00 and set a "neutral" rating for the company in a research note on Tuesday, September 1st. Twelve analysts have rated the stock with a Buy rating, six have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $367.59.

Trending Headlines about AON

Here are the key news stories impacting AON this week:

• Positive Sentiment: Long-term earnings outlook remains favorable. Zacks Research projects EPS of $20.05 for fiscal 2027 and $22.33 for fiscal 2028, above the current-year consensus of $18.73, suggesting continued earnings growth for Aon. Zacks Research earnings estimates
• Positive Sentiment: Insurance demand trends appear constructive in selected markets. Aon said facultative reinsurance is becoming more flexible and efficient, supporting its role in clients’ risk-transfer strategies. The company also reported that Canada’s property-and-casualty market is creating more favorable conditions for businesses entering 2027. Facultative reinsurance article Canadian insurance market article
• Neutral Sentiment: Industry commentary highlights both opportunity and risk. Aon executives said reinsurers may need to take more risk, while warning that historically profitable insurance segments are facing pressure from cyber exposure, artificial intelligence and other changes. A $10,000 donation to a college foundation is unlikely to affect valuation. Reinsurance risk article
• Negative Sentiment: Analyst caution and USI deal scrutiny are weighing on sentiment. Morgan Stanley reduced its Aon price target to $350, and investors continue to question the price tag and integration risks associated with Aon’s USI acquisition. Aon also warned that US litigation risks remain a challenge for Canadian businesses, potentially limiting commercial-insurance momentum. Morgan Stanley target reduction USI deal scrutiny

Insiders Place Their Bets

In related news, General Counsel Darren Zeidel sold 1,900 shares of the stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of $377.76, for a total value of $717,744.00. Following the sale, the general counsel directly owned 11,504 shares of the company's stock, valued at $4,345,751.04. This represents a 14.17% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Lester B. Knight bought 20,000 shares of the firm's stock in a transaction dated Wednesday, September 2nd. The shares were acquired at an average price of $327.48 per share, with a total value of $6,549,600.00. Following the completion of the transaction, the director owned 163,000 shares of the company's stock, valued at approximately $53,379,240. The trade was a 13.99% increase in their position. The disclosure for this purchase is available in the SEC filing. Company insiders own 1.00% of the company's stock.

AON Price Performance

Shares of NYSE:AON opened at $296.95 on Wednesday. The company has a debt-to-equity ratio of 1.34, a current ratio of 1.54 and a quick ratio of 1.54. The company has a market capitalization of $62.99 billion, a PE ratio of 16.37, a PEG ratio of 1.52 and a beta of 0.70. Aon plc has a 1-year low of $266.33 and a 1-year high of $382.34. The business has a fifty day moving average price of $308.36 and a 200-day moving average price of $325.71.

AON (NYSE:AON - Get Free Report) last released its quarterly earnings results on Wednesday, July 29th. The financial services provider reported $3.81 EPS for the quarter, beating the consensus estimate of $3.80 by $0.01. The firm had revenue of $4.25 billion during the quarter, compared to analyst estimates of $4.28 billion. AON had a net margin of 22.27% and a return on equity of 42.13%. The business's revenue for the quarter was up 2.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $3.49 EPS. As a group, equities analysts expect that Aon plc will post 18.73 EPS for the current fiscal year.

AON Announces Dividend

The firm also recently disclosed 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 dividend yield of 1.1%. The ex-dividend date of this dividend is Monday, November 2nd. AON's dividend payout ratio (DPR) is presently 18.08%.

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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