Aon plc $AON Stock Holdings Decreased by AMF Tjanstepension AB

Key Points

• AMF Tjanstepension AB cut its Aon stake by 50% in the third quarter, selling 61,421 shares and retaining 61,422 shares valued at approximately $17 million. Institutional investors and hedge funds collectively own 86.14% of Aon.
• Aon faces a mixed earnings outlook ahead of its October 28 report: estimates call for third-quarter EPS of $3.38, while Bank of America lowered its price target to $322 and Zacks cited uncertainty around a potential earnings beat.
• Aon shares opened at $306.59, with analysts maintaining a “Moderate Buy” consensus and an average price target of $367.59. The company also declared a quarterly dividend of $0.82 per share, representing a 1.1% annualized yield.

AMF Tjanstepension AB decreased its stake in Aon plc (NYSE:AON - Free Report) by 50.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 61,422 shares of the financial services provider's stock after selling 61,421 shares during the period. AMF Tjanstepension AB's holdings in AON were worth $17,000,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in AON. Diversify Advisory Services LLC boosted its position in shares of AON by 5,225.7% during the third quarter. Diversify Advisory Services LLC now owns 194,070 shares of the financial services provider's stock worth $53,713,000 after buying an additional 190,426 shares during the period. CYBER HORNET ETFs LLC grew its holdings in AON by 4,903.4% in the 2nd quarter. CYBER HORNET ETFs LLC now owns 29,470 shares of the financial services provider's stock worth $9,775,000 after buying an additional 28,881 shares in the last quarter. The Manufacturers Life Insurance Company increased its position in AON by 136.1% in the 1st quarter. The Manufacturers Life Insurance Company now owns 547,850 shares of the financial services provider's stock valued at $176,835,000 after acquiring an additional 315,817 shares during the period. Wellington Management Group LLP increased 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 acquiring an additional 14,996 shares during the period. Finally, Salem Investment Counselors Inc. raised its stake in AON by 638.1% during the 3rd quarter. Salem Investment Counselors Inc. now owns 5,639 shares of the financial services provider's stock valued at $1,561,000 after acquiring an additional 4,875 shares in the last quarter. Institutional investors and hedge funds own 86.14% of the company's stock.

Key Stories Impacting AON

Here are the key news stories impacting AON this week:

• Positive Sentiment: Investors are positioning ahead of Aon’s October 28 earnings release. Recent expectations call for third-quarter earnings growth, while Zacks raised its earnings estimate to $3.38 per share. Aon results are due October 28 Zacks raises Aon estimate
• Positive Sentiment: Aon’s Australian broking channel reportedly manages approximately $35.6 billion in premiums, and an Aon broker won a national industry title. The recognition may reinforce the strength of Aon’s distribution platform and client relationships. Aon broker wins national title
• Positive Sentiment: QBE Re is reportedly set to partner with Aon on its Cortina initiative, supporting Aon’s efforts to expand underwriting and risk-transfer solutions. QBE Re partnership for Cortina
• Positive Sentiment: Aon expects UK pension risk settlement activity to rebound after a subdued start to 2026, potentially supporting its retirement and risk-settlement advisory business. UK pension risk settlement outlook
• Neutral Sentiment: Reports highlighting Aon’s facultative reinsurance capabilities and efficiency point to strategic strengths, but provide limited new financial information ahead of earnings. Aon facultative reinsurance strategy
• Negative Sentiment: Bank of America reduced its price target for AON to $322 from $339, signaling more limited upside. Zacks also cautioned that Aon lacks the typical combination of factors associated with an earnings beat, increasing pre-report uncertainty. BofA cuts Aon price target Zacks earnings outlook

Analysts Set New Price Targets

A number of research analysts have issued reports on the company. Deutsche Bank Aktiengesellschaft reiterated a "hold" rating on shares of AON in a research report on Tuesday, September 1st. Barclays lowered their price target on AON from $382.00 to $317.00 and set an "equal weight" rating on the stock in a report on Wednesday, October 7th. Jefferies Financial Group cut their price objective on shares of AON from $387.00 to $383.00 and set a "buy" rating on the stock in a research note on Wednesday, September 30th. Bank of America upped their price objective on shares of AON from $298.00 to $327.00 and gave the stock an "underperform" rating in a report on Wednesday, July 15th. Finally, TD Cowen increased their target price on shares of AON from $416.00 to $420.00 and gave the company a "buy" rating in a research report on Monday, September 14th. Twelve research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $367.59.

AON Stock Up 4.2%

AON opened at $306.59 on Friday. Aon plc has a one year low of $266.33 and a one year high of $382.34. The company has a debt-to-equity ratio of 1.34, a quick ratio of 1.54 and a current ratio of 1.54. The stock's fifty day moving average is $306.20 and its 200-day moving average is $325.39. The company has a market capitalization of $65.03 billion, a PE ratio of 16.18, a P/E/G ratio of 1.54 and a beta of 0.70.

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

AON Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 13th. Stockholders of record on Monday, November 2nd will be given a dividend of $0.82 per share. The ex-dividend date is Monday, November 2nd. This represents a $3.28 annualized dividend and a dividend yield of 1.1%. AON's dividend payout ratio (DPR) is 18.08%.

Insider Activity at AON

In related news, General Counsel Darren Zeidel sold 1,900 shares of the stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of $377.76, for a total transaction of $717,744.00. Following the completion of 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Lester Knight bought 20,000 shares of AON stock in a transaction that occurred on 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 acquisition, the director directly owned 163,000 shares of the company's stock, valued at $53,379,240. This represents a 13.99% increase in their position. The SEC filing for this purchase provides additional information. Insiders own 1.00% of the company's stock.

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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