Personal CFO Solutions LLC Grows Stock Position in Aon plc (NYSE:AON)

Personal CFO Solutions LLC boosted its holdings in Aon plc (NYSE:AON - Free Report) by 76.7% in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 5,784 shares of the financial services provider's stock after buying an additional 2,510 shares during the quarter. Personal CFO Solutions LLC's holdings in AON were worth $2,308,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of AON. Steward Partners Investment Advisory LLC grew its stake in shares of AON by 29.2% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 1,807 shares of the financial services provider's stock valued at $649,000 after acquiring an additional 408 shares during the period. Assetmark Inc. grew its position in shares of AON by 11.2% during the fourth quarter. Assetmark Inc. now owns 8,942 shares of the financial services provider's stock worth $3,212,000 after purchasing an additional 898 shares in the last quarter. Proficio Capital Partners LLC lifted its holdings in AON by 20.0% in the 4th quarter. Proficio Capital Partners LLC now owns 1,088 shares of the financial services provider's stock worth $391,000 after purchasing an additional 181 shares in the last quarter. Raymond James Financial Inc. bought a new position in AON in the 4th quarter worth approximately $86,435,000. Finally, Callan Family Office LLC bought a new stake in shares of AON during the fourth quarter valued at approximately $506,000. Institutional investors own 86.14% of the company's stock.

AON Stock Down 0.8%

Shares of AON traded down $3.05 during midday trading on Friday, hitting $355.95. The company had a trading volume of 246,637 shares, compared to its average volume of 1,163,266. Aon plc has a 1 year low of $294.01 and a 1 year high of $412.97. The firm has a market capitalization of $76.86 billion, a P/E ratio of 30.29, a P/E/G ratio of 2.13 and a beta of 0.84. The company has a debt-to-equity ratio of 2.26, a quick ratio of 1.73 and a current ratio of 1.73. The company's 50-day simple moving average is $358.20 and its 200-day simple moving average is $370.64.

AON (NYSE:AON - Get Free Report) last issued its quarterly earnings data on Friday, April 25th. The financial services provider reported $5.67 earnings per share (EPS) for the quarter, missing the consensus estimate of $6.04 by ($0.37). AON had a return on equity of 52.71% and a net margin of 15.58%. The firm had revenue of $4.73 billion for the quarter, compared to analysts' expectations of $4.83 billion. During the same period in the previous year, the business posted $5.66 EPS. The business's revenue for the quarter was up 16.2% compared to the same quarter last year. As a group, sell-side analysts expect that Aon plc will post 17.21 EPS for the current year.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. Piper Sandler upgraded AON from a "neutral" rating to an "overweight" rating and lowered their price target for the stock from $384.00 to $378.00 in a research report on Monday, April 28th. Keefe, Bruyette & Woods cut their target price on AON from $414.00 to $409.00 and set an "outperform" rating on the stock in a research note 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 report on Monday, April 28th. JPMorgan Chase & Co. raised their price target on shares of AON from $394.00 to $409.00 and gave the stock an "overweight" rating in a report on Tuesday, April 8th. Finally, Barclays reduced their target price on AON from $415.00 to $401.00 and set an "overweight" rating for the company in a research note on Monday. One research analyst has rated the stock with a sell rating, five have given a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat.com, AON currently has a consensus rating of "Hold" and a consensus target price of $403.00.

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.