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Dakota Wealth Management Has $1.52 Million Holdings in Aon plc (NYSE:AON)

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Dakota Wealth Management raised its stake in Aon plc (NYSE:AON - Free Report) by 42.9% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,805 shares of the financial services provider's stock after acquiring an additional 1,143 shares during the period. Dakota Wealth Management's holdings in AON were worth $1,519,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. raised its holdings in shares of AON by 0.5% during the fourth quarter. Vanguard Group Inc. now owns 19,519,752 shares of the financial services provider's stock valued at $7,010,714,000 after buying an additional 88,361 shares during the last quarter. Geode Capital Management LLC raised its holdings in AON by 14.5% during the fourth quarter. Geode Capital Management LLC now owns 4,949,919 shares of the financial services provider's stock worth $1,773,165,000 after purchasing an additional 627,742 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in AON by 18.3% during the first quarter. Bank of New York Mellon Corp now owns 3,034,062 shares of the financial services provider's stock worth $1,210,864,000 after purchasing an additional 469,238 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in AON by 2.9% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 2,329,221 shares of the financial services provider's stock worth $824,498,000 after purchasing an additional 64,720 shares in the last quarter. Finally, Northern Trust Corp raised its holdings in AON by 9.3% during the fourth quarter. Northern Trust Corp now owns 2,158,943 shares of the financial services provider's stock worth $775,406,000 after purchasing an additional 183,442 shares in the last quarter. 86.14% of the stock is currently owned by institutional investors and hedge funds.

AON Trading Up 0.8%

NYSE AON traded up $2.94 on Friday, hitting $357.57. 234,814 shares of the stock were exchanged, compared to its average volume of 1,299,834. Aon plc has a 52-week low of $295.79 and a 52-week high of $412.97. The company has a debt-to-equity ratio of 2.26, a current ratio of 1.73 and a quick ratio of 1.73. The company has a market capitalization of $77.21 billion, a price-to-earnings ratio of 30.46, a P/E/G ratio of 2.11 and a beta of 0.84. The company's 50-day moving average price is $358.01 and its two-hundred day moving average price is $370.47.

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 net margin of 15.58% and a return on equity of 52.71%. The company had revenue of $4.73 billion for the quarter, compared to analysts' expectations of $4.83 billion. During the same quarter in the prior year, the firm earned $5.66 earnings per share. The company's revenue was up 16.2% on a year-over-year basis. Research analysts predict that Aon plc will post 17.21 EPS for the current year.

AON Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, August 15th. Stockholders of record on Friday, August 1st will be issued a dividend of $0.745 per share. This represents a $2.98 annualized dividend and a dividend yield of 0.83%. The ex-dividend date of this dividend is Friday, August 1st. AON's dividend payout ratio is currently 25.38%.

Analysts Set New Price Targets

Several equities research analysts recently commented on the company. Redburn Atlantic raised AON to a "hold" rating in a report on Tuesday, March 25th. Jefferies Financial Group boosted their target price on AON from $396.00 to $416.00 and gave the stock a "hold" rating in a report on Friday, April 11th. Redburn Partners set a $445.00 target price on AON in a report on Tuesday, March 25th. Keefe, Bruyette & Woods dropped their price target on AON from $414.00 to $409.00 and set an "outperform" rating on the stock in a report on Wednesday, April 30th. Finally, Evercore ISI dropped their price target on AON from $420.00 to $398.00 and set an "outperform" rating on the stock in a report on Monday, April 28th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and seven have given a buy rating to the company. According to MarketBeat.com, AON presently has a consensus rating of "Hold" and a consensus price target of $403.00.

Check Out Our Latest Report on AON

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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Institutional Ownership by Quarter for AON (NYSE:AON)

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