Aon plc $AON Stock: SBI Securities Co. Ltd. Raises Stake

Key Points

• SBI Securities significantly increased its Aon stake by 173,947.6% in the third quarter, bringing its holdings to 36,550 shares valued at approximately $10.1 million. Institutional investors collectively own 86.14% of Aon.
• Analyst sentiment remains broadly positive, with 12 Buy, six Hold and two Sell ratings and an average price target of $367.59, although several firms recently lowered their targets.
• Aon reported quarterly EPS of $3.81, slightly above expectations, while revenue rose 2.2% year over year. The company also declared a quarterly dividend of $0.82 per share, equivalent to a 1.1% annual yield.

SBI Securities Co. Ltd. raised its position in Aon plc (NYSE:AON - Free Report) by 173,947.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 36,550 shares of the financial services provider's stock after purchasing an additional 36,529 shares during the quarter. SBI Securities Co. Ltd.'s holdings in AON were worth $10,116,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the company. Smith Chas P & Associates PA Cpas boosted its holdings in AON by 434.8% during the 3rd quarter. Smith Chas P & Associates PA Cpas now owns 5,161 shares of the financial services provider's stock valued at $1,428,000 after acquiring an additional 4,196 shares during the period. Aire Advisors LLC grew its position in AON by 98.9% in the 3rd quarter. Aire Advisors LLC now owns 12,504 shares of the financial services provider's stock valued at $3,461,000 after acquiring an additional 6,217 shares during the last quarter. Axxcess Wealth Management LLC increased its stake in AON by 234.7% in the third quarter. Axxcess Wealth Management LLC now owns 22,014 shares of the financial services provider's stock worth $6,093,000 after purchasing an additional 15,436 shares during the period. Albion Financial Group UT increased its stake in AON by 581,020.0% in the third quarter. Albion Financial Group UT now owns 174,336 shares of the financial services provider's stock worth $48,251,000 after purchasing an additional 174,306 shares during the period. Finally, Sowell Financial Services LLC lifted its position in shares of AON by 12,855.3% during the third quarter. Sowell Financial Services LLC now owns 141,861 shares of the financial services provider's stock worth $39,263,000 after purchasing an additional 140,766 shares during the last quarter. Institutional investors own 86.14% of the company's stock.

Wall Street Analysts Forecast Growth

AON has been the subject of a number of recent analyst reports. Cantor Fitzgerald lowered their target price on shares of AON from $433.00 to $400.00 and set an "overweight" rating for the company in a research note on Wednesday, October 7th. Wells Fargo & Company reduced their price target on shares of AON from $383.00 to $323.00 and set an "overweight" rating on the stock in a research note on Monday, October 12th. The Goldman Sachs Group lifted their price objective on shares of AON from $375.00 to $401.00 and gave the company a "buy" rating in a report on Friday, July 31st. Piper Sandler decreased their price objective on shares of AON from $391.00 to $349.00 and set a "neutral" rating for the company in a report on Tuesday, September 1st. Finally, Morgan Stanley lowered their price objective on shares of AON from $410.00 to $350.00 and set an "overweight" rating for the company in a research report on Tuesday, October 6th. Twelve analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $367.59.

Insider Activity

In other AON 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 transaction of $717,744.00. Following the transaction, the general counsel directly owned 11,504 shares in the company, valued at $4,345,751.04. This represents a 14.17% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Lester Knight bought 20,000 shares of the business's stock in a transaction on 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 directly owned 163,000 shares in the company, valued at approximately $53,379,240. This trade represents a 13.99% increase in their position. The SEC filing for this purchase provides additional information. 1.00% of the stock is owned by corporate insiders.

AON Trading Up 4.2%

Shares of NYSE AON opened at $306.59 on Friday. The company has a quick ratio of 1.54, a current ratio of 1.54 and a debt-to-equity ratio of 1.34. The business has a fifty day simple moving average of $306.20 and a two-hundred day simple moving average of $325.39. The firm has a market cap of $65.03 billion, a PE ratio of 16.90, a price-to-earnings-growth ratio of 1.54 and a beta of 0.70. Aon plc has a twelve month low of $266.33 and a twelve month high of $382.34.

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 the consensus estimate of $3.80 by $0.01. The business had revenue of $4.25 billion during the quarter, compared to analysts' expectations of $4.28 billion. AON had a return on equity of 42.13% and a net margin of 22.27%. The business's revenue for the quarter was up 2.2% compared to the same quarter last year. During the same period in the prior year, the business earned $3.49 EPS. Analysts expect that Aon plc will post 18.73 earnings per share for the current fiscal year.

AON Dividend Announcement

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

AON News Roundup

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

AON Profile

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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