Aon plc (NYSE:AON) Stock Holdings Lifted by Intellectus Partners LLC

Intellectus Partners LLC raised its position in shares of Aon plc (NYSE:AON - Free Report) by 190.4% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,852 shares of the financial services provider's stock after purchasing an additional 1,870 shares during the quarter. Intellectus Partners LLC's holdings in AON were worth $1,138,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its stake in AON by 0.5% during the 4th quarter. Vanguard Group Inc. now owns 19,519,752 shares of the financial services provider's stock valued at $7,010,714,000 after purchasing an additional 88,361 shares during the period. Geode Capital Management LLC raised its stake in AON by 14.5% during the 4th quarter. Geode Capital Management LLC now owns 4,949,919 shares of the financial services provider's stock valued at $1,773,165,000 after purchasing an additional 627,742 shares during the period. Bank of New York Mellon Corp raised its stake in AON by 15.5% during the 4th quarter. Bank of New York Mellon Corp now owns 2,564,824 shares of the financial services provider's stock valued at $921,182,000 after purchasing an additional 343,592 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. grew its holdings in shares of AON by 2.9% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 2,329,221 shares of the financial services provider's stock valued at $824,498,000 after acquiring an additional 64,720 shares in the last quarter. Finally, Northern Trust Corp grew its holdings in shares of AON by 9.3% during the 4th quarter. Northern Trust Corp now owns 2,158,943 shares of the financial services provider's stock valued at $775,406,000 after acquiring an additional 183,442 shares in the last quarter. 86.14% of the stock is owned by institutional investors and hedge funds.

AON Stock Down 0.6%

AON stock opened at $370.34 on Friday. The company has a debt-to-equity ratio of 2.58, a current ratio of 1.40 and a quick ratio of 1.40. Aon plc has a 52-week low of $282.98 and a 52-week high of $412.97. The company has a 50-day moving average of $364.81 and a two-hundred day moving average of $374.00. The stock has a market capitalization of $79.97 billion, a price-to-earnings ratio of 29.25, a price-to-earnings-growth ratio of 2.12 and a beta of 0.86.

AON (NYSE:AON - Get Free Report) last announced its quarterly earnings data on Friday, April 25th. The financial services provider reported $5.67 EPS for the quarter, missing analysts' consensus estimates of $6.04 by ($0.37). The company had revenue of $4.73 billion for the quarter, compared to analyst estimates of $4.83 billion. AON had a net margin of 16.91% and a return on equity of 70.84%. The firm's quarterly revenue was up 16.2% on a year-over-year basis. During the same period in the prior year, the company posted $5.66 EPS. As a group, equities research analysts anticipate that Aon plc will post 17.21 EPS for the current year.

AON Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, May 15th. Investors of record on Thursday, May 1st were given a $0.745 dividend. This represents a $2.98 annualized dividend and a yield of 0.80%. The ex-dividend date of this dividend was Thursday, May 1st. This is a positive change from AON's previous quarterly dividend of $0.68. AON's dividend payout ratio is 25.38%.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on AON. The Goldman Sachs Group upgraded shares of AON from a "neutral" rating to a "buy" rating and set a $408.00 price target on the stock in a report on Tuesday, May 13th. Barclays lowered their price target on shares of AON from $430.00 to $415.00 and set an "overweight" rating on the stock in a report on Wednesday, April 30th. Jefferies Financial Group boosted their price target on shares of AON from $396.00 to $416.00 and gave the company a "hold" rating in a report on Friday, April 11th. JPMorgan Chase & Co. boosted their price target on shares of AON from $394.00 to $409.00 and gave the company an "overweight" rating in a report on Tuesday, April 8th. Finally, Keefe, Bruyette & Woods lowered their price target on shares of AON from $414.00 to $409.00 and set an "outperform" rating on the stock in a report on Wednesday, April 30th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and seven have issued a buy rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $397.27.

AON Company Profile

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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