Aon plc $AON Shares Sold by Strs Ohio

Key Points

• Q1 earnings beat: Aon reported adjusted EPS of $6.48 and revenue of $5.03B (≈6% Y/Y), driven by strength in Risk Capital and underpinned by strong profitability (net margin ~21.5%, ROE ~45.2%).
• Dividend increase: The quarterly dividend was raised to $0.82 from $0.75 (ex-dividend May 1, payable May 15), implying a $3.28 annualized payout and about a 1.1% yield.
• Several analysts have trimmed price targets recently but the consensus remains a Moderate Buy with an average target of $401.81; institutional ownership is high (~86%), with large holders like Vanguard adding shares while Strs Ohio trimmed its stake by 5.6%.

Strs Ohio lowered its position in shares of Aon plc (NYSE:AON - Free Report) by 5.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 65,582 shares of the financial services provider's stock after selling 3,915 shares during the period. Strs Ohio's holdings in AON were worth $23,143,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. increased its holdings in shares of AON by 1.0% during the 4th quarter. Vanguard Group Inc. now owns 20,171,049 shares of the financial services provider's stock worth $7,117,960,000 after buying an additional 191,658 shares during the last quarter. State Street Corp increased its holdings in shares of AON by 1.2% during the 3rd quarter. State Street Corp now owns 9,229,464 shares of the financial services provider's stock worth $3,291,048,000 after buying an additional 105,154 shares during the last quarter. Bank of New York Mellon Corp increased its holdings in shares of AON by 5.9% during the 3rd quarter. Bank of New York Mellon Corp now owns 3,715,346 shares of the financial services provider's stock worth $1,324,818,000 after buying an additional 207,690 shares during the last quarter. Dodge & Cox acquired a new stake in shares of AON during the 3rd quarter worth approximately $1,235,437,000. Finally, Neuberger Berman Group LLC increased its holdings in shares of AON by 12.0% during the 3rd quarter. Neuberger Berman Group LLC now owns 2,330,363 shares of the financial services provider's stock worth $830,945,000 after buying an additional 249,549 shares during the last quarter. Institutional investors and hedge funds own 86.14% of the company's stock.

Analyst Ratings Changes

A number of analysts have recently issued reports on AON shares. Wells Fargo & Company cut their price target on shares of AON from $443.00 to $402.00 and set an "overweight" rating for the company in a report on Thursday, April 9th. Barclays dropped their target price on shares of AON from $381.00 to $372.00 and set an "equal weight" rating for the company in a report on Wednesday, April 8th. Keefe, Bruyette & Woods dropped their target price on shares of AON from $416.00 to $401.00 and set an "outperform" rating for the company in a report on Tuesday, April 7th. JPMorgan Chase & Co. dropped their target price on shares of AON from $406.00 to $396.00 and set an "overweight" rating for the company in a report on Thursday, April 9th. Finally, Weiss Ratings reiterated a "hold (c)" rating on shares of AON in a report on Tuesday, April 21st. Fourteen investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company's stock. Based on data from MarketBeat, AON has a consensus rating of "Moderate Buy" and an average price target of $401.81.

AON News Roundup

Here are the key news stories impacting AON this week:

• Positive Sentiment: Earnings beat driven by Risk Capital strength and margin gains; management cited Risk Capital as a primary growth driver that helped offset other areas. Aon Q1 Earnings Beat Estimates on Strong Risk Capital Growth
• Positive Sentiment: Headline results: adjusted EPS $6.48 vs. consensus ~$6.33 and revenue $5.03B (≈6% Y/Y growth); strong ROE and net margin point to healthy profitability. Corporate release and slide deck provide the detail behind the beats. Aon Reports First-Quarter 2026 Results
• Neutral Sentiment: Full earnings call transcript is available for investors wanting management commentary on outlook, capital allocation and segment trends (useful for gauging forward guidance and margin assumptions). Aon Q1 2026 Earnings Call Transcript
• Neutral Sentiment: Analyst coverage and institutional flows remain mixed — several firms maintain buy/outperform views and high median price targets, while some large holders rebalanced in Q4; monitor analyst notes and 13F moves for potential catalyst to sentiment. Aon slides 4.3% as investors de-risk ahead of May 1 earnings
• Neutral Sentiment: Operational/HR notes: Aon published a Human Capital Trends study highlighting an AI ambition vs. workforce investment gap and made targeted credit hires in Europe — items to watch for long-term capability but unlikely to move near-term EPS. Aon identifies gap between AI ambition and workforce investment
• Negative Sentiment: Wealth Solutions underperformed relative to Risk Capital, which partially offset the quarter’s gains — this segment will be watched for signs of recovery or further drag on consolidated growth. Aon Q1 Earnings Beat Estimates on Strong Risk Capital Growth
• Negative Sentiment: Pre-earnings de-risking and an ex-dividend date produced short-term selling pressure and some insider sales were reported; these flows can amplify near-term volatility even after a beat. Aon slides 4.3% as investors de-risk ahead of May 1 earnings

Insider Buying and Selling at AON

In other news, General Counsel Darren Zeidel sold 5,040 shares of AON stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $325.79, for a total transaction of $1,641,981.60. Following the completion of the sale, the general counsel directly owned 20,254 shares of the company's stock, valued at approximately $6,598,550.66. The trade was a 19.93% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Lester B. Knight acquired 4,000 shares of the firm's stock in a transaction dated Tuesday, February 10th. The shares were purchased at an average cost of $319.24 per share, with a total value of $1,276,960.00. Following the completion of the transaction, the director owned 143,000 shares in the company, valued at approximately $45,651,320. The trade was a 2.88% increase in their position. The disclosure for this purchase is available in the SEC filing. 1.10% of the stock is currently owned by insiders.

AON Stock Performance

NYSE:AON opened at $312.26 on Friday. The company has a fifty day simple moving average of $325.41 and a two-hundred day simple moving average of $337.30. The company has a market cap of $66.69 billion, a price-to-earnings ratio of 17.14, a price-to-earnings-growth ratio of 1.70 and a beta of 0.72. The company has a quick ratio of 2.03, a current ratio of 2.03 and a debt-to-equity ratio of 1.55. Aon plc has a 52 week low of $304.59 and a 52 week high of $381.00.

AON (NYSE:AON - Get Free Report) last posted its quarterly earnings results on Friday, May 1st. The financial services provider reported $6.48 EPS for the quarter, topping the consensus estimate of $6.37 by $0.11. The business had revenue of $5.03 billion during the quarter, compared to the consensus estimate of $4.97 billion. AON had a net margin of 21.51% and a return on equity of 45.23%. The company's quarterly revenue was up 6.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $5.67 earnings per share. As a group, equities analysts anticipate that Aon plc will post 18.98 earnings per share for the current fiscal year.

AON Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 15th. Stockholders of record on Friday, May 1st will be given a dividend of $0.82 per share. This is an increase from AON's previous quarterly dividend of $0.75. The ex-dividend date of this dividend is Friday, May 1st. This represents a $3.28 annualized dividend and a dividend yield of 1.1%. AON's dividend payout ratio is presently 17.51%.

About AON

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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