Crossmark Global Holdings Inc. Has $2.73 Million Stock Position in Aon plc (NYSE:AON)

Crossmark Global Holdings Inc. lowered its holdings in Aon plc (NYSE:AON - Free Report) by 11.1% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 6,836 shares of the financial services provider's stock after selling 855 shares during the quarter. Crossmark Global Holdings Inc.'s holdings in AON were worth $2,728,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Millstone Evans Group LLC purchased a new position in AON during the 4th quarter worth approximately $32,000. Tsfg LLC acquired a new stake in shares of AON in the 1st quarter valued at approximately $37,000. Garde Capital Inc. purchased a new position in AON in the 1st quarter valued at approximately $42,000. Nemes Rush Group LLC purchased a new position in AON in the 4th quarter valued at approximately $55,000. Finally, Orion Capital Management LLC acquired a new position in shares of AON in the fourth quarter worth $63,000. Hedge funds and other institutional investors own 86.14% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on AON. Redburn Atlantic raised AON to a "hold" rating in a report on Tuesday, March 25th. Redburn Partners set a $445.00 target price on AON in a research report on Tuesday, March 25th. Keefe, Bruyette & Woods decreased their target price on AON from $414.00 to $409.00 and set an "outperform" rating for the company in a research report on Wednesday, April 30th. Evercore ISI lowered their price objective on AON from $420.00 to $398.00 and set an "outperform" rating for the company in a research note on Monday, April 28th. Finally, JPMorgan Chase & Co. increased their target price on AON from $394.00 to $409.00 and gave the stock an "overweight" rating in a report on Tuesday, April 8th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $403.00.

AON Price Performance

Shares of NYSE AON traded down $1.58 during mid-day trading on Friday, reaching $357.42. The company had a trading volume of 381,997 shares, compared to its average volume of 1,163,758. The company has a current ratio of 1.73, a quick ratio of 1.73 and a debt-to-equity ratio of 2.26. The stock has a market cap of $77.18 billion, a PE ratio of 30.44, a P/E/G ratio of 2.13 and a beta of 0.84. The company has a 50-day moving average price of $358.20 and a two-hundred day moving average price of $370.64. Aon plc has a 1-year low of $294.01 and a 1-year high of $412.97.

AON (NYSE:AON - Get Free Report) last issued its earnings results on Friday, April 25th. The financial services provider reported $5.67 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $6.04 by ($0.37). The company had revenue of $4.73 billion during the quarter, compared to analyst estimates of $4.83 billion. AON had a return on equity of 52.71% and a net margin of 15.58%. The business's revenue was up 16.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $5.66 earnings per share. On average, equities analysts anticipate that Aon plc will post 17.21 earnings per share for the current year.

About AON

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.