Unio Capital LLC raised its position in Aon plc (NYSE:AON - Free Report) by 5.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 37,061 shares of the financial services provider's stock after purchasing an additional 1,812 shares during the quarter. AON comprises approximately 4.8% of Unio Capital LLC's investment portfolio, making the stock its 10th biggest holding. Unio Capital LLC's holdings in AON were worth $13,311,000 at the end of the most recent quarter.
A number of other hedge funds also recently made changes to their positions in AON. Endeavor Private Wealth Inc. acquired a new position in AON during the 4th quarter worth $29,000. Richardson Financial Services Inc. lifted its holdings in AON by 2,025.0% in the fourth quarter. Richardson Financial Services Inc. now owns 85 shares of the financial services provider's stock worth $30,000 after purchasing an additional 81 shares during the period. Millstone Evans Group LLC acquired a new position in AON during the 4th quarter valued at about $32,000. Centricity Wealth Management LLC acquired a new stake in shares of AON in the 4th quarter worth approximately $39,000. Finally, Kestra Investment Management LLC acquired a new position in shares of AON during the fourth quarter valued at approximately $39,000. Institutional investors own 86.14% of the company's stock.
Wall Street Analyst Weigh In
Several equities analysts have recently issued reports on the company. Jefferies Financial Group lifted their price target on AON from $396.00 to $416.00 and gave the company a "hold" rating in a research report on Friday, April 11th. The Goldman Sachs Group raised shares of AON from a "neutral" rating to a "buy" rating and set a $408.00 price target for the company in a report on Tuesday, May 13th. Redburn Atlantic upgraded shares of AON to a "hold" rating in a report on Tuesday, March 25th. Wells Fargo & Company increased their target price on shares of AON from $410.00 to $445.00 and gave the company an "overweight" rating in a research note on Monday, February 3rd. Finally, Keefe, Bruyette & Woods decreased their price target on shares of AON from $414.00 to $409.00 and set an "outperform" rating on the stock in a research report on Wednesday, April 30th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and seven have given a buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $391.75.
View Our Latest Stock Analysis on AON
AON Stock Up 0.8%
Shares of AON stock opened at $364.71 on Tuesday. The company has a current ratio of 1.40, a quick ratio of 1.40 and a debt-to-equity ratio of 2.58. Aon plc has a 1 year low of $275.07 and a 1 year high of $412.97. The stock has a 50-day moving average price of $372.33 and a 200 day moving average price of $375.17. The company has a market cap of $78.76 billion, a P/E ratio of 28.81, a P/E/G ratio of 2.12 and a beta of 0.89.
AON (NYSE:AON - Get Free Report) last posted its quarterly earnings results on Friday, April 25th. The financial services provider reported $5.67 EPS for the quarter, missing the consensus estimate of $6.04 by ($0.37). AON had a return on equity of 70.84% and a net margin of 16.91%. The company had revenue of $4.73 billion for the quarter, compared to analyst estimates of $4.83 billion. During the same quarter in the prior year, the business posted $5.66 earnings per share. The business's revenue for the quarter was up 16.2% compared to the same quarter last year. As a group, analysts expect that Aon plc will post 17.21 EPS for the current fiscal year.
AON Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Thursday, May 15th. Stockholders of record on Thursday, May 1st were paid a dividend of $0.745 per share. The ex-dividend date of this dividend was Thursday, May 1st. This is an increase from AON's previous quarterly dividend of $0.68. This represents a $2.98 dividend on an annualized basis and a dividend yield of 0.82%. AON's dividend payout ratio (DPR) is 25.38%.
About AON
(
Free Report)
Aon Plc engages in the provision of risk, health, and wealth solutions. It focuses on risk capital including claim management, reinsurance, risk analysis, management, retention, and transfer; and human capital involving analytics, health and benefits, investments, pensions and retirement, talent and rewards, and workplace wellbeing.
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