StoneRidge PMG Advisors LLC Buys New Stake in Aon plc $AON

Key Points

• StoneRidge PMG Advisors opened a new Aon position, buying 16,977 shares valued at about $4.7 million. AON represents roughly 3.2% of the fund’s holdings and is its seventh-largest position.
• Aon reported quarterly EPS of $3.36, beating the $3.30 consensus, while revenue of $4.10 billion also exceeded estimates and rose 2.6% year over year.
• Analyst views are mixed: MarketBeat’s average rating is “Hold” with a $369.12 average price target. Aon also declared a quarterly dividend of $0.82 per share, equivalent to a 1.0% yield.

StoneRidge PMG Advisors LLC purchased a new stake in Aon plc (NYSE:AON - Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 16,977 shares of the financial services provider's stock, valued at approximately $4,699,000. AON makes up about 3.2% of StoneRidge PMG Advisors LLC's holdings, making the stock its 7th biggest position.

A number of other large investors have also recently bought and sold shares of AON. Beverly Hills Private Wealth LLC lifted its holdings in shares of AON by 256.7% during the third quarter. Beverly Hills Private Wealth LLC now owns 10,549 shares of the financial services provider's stock valued at $2,920,000 after acquiring an additional 7,592 shares during the period. Avion Wealth boosted its stake in shares of AON by 3,061.3% in the 3rd quarter. Avion Wealth now owns 980 shares of the financial services provider's stock valued at $271,000 after purchasing an additional 949 shares in the last quarter. Almanack Investment Partners LLC. grew its holdings in shares of AON by 373.1% in the 3rd quarter. Almanack Investment Partners LLC. now owns 9,803 shares of the financial services provider's stock worth $2,713,000 after purchasing an additional 7,731 shares during the last quarter. Brighton Jones LLC increased its position in shares of AON by 754.3% during the 3rd quarter. Brighton Jones LLC now owns 92,372 shares of the financial services provider's stock worth $25,566,000 after purchasing an additional 81,559 shares in the last quarter. Finally, Ethic Inc. increased its position in shares of AON by 874.8% during the 3rd quarter. Ethic Inc. now owns 277,061 shares of the financial services provider's stock worth $76,682,000 after purchasing an additional 248,640 shares in the last quarter. 86.14% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

AON has been the subject of several analyst reports. Bank of America lifted their price target on shares of AON from $298.00 to $327.00 and gave the company an "underperform" rating in a report on Wednesday, July 15th. Mizuho decreased their price objective on shares of AON from $366.00 to $324.00 and set an "outperform" rating on the stock in a research note on Wednesday, October 7th. Weiss Ratings lowered shares of AON from a "hold (c+)" rating to a "hold (c)" rating in a report on Thursday, September 17th. TD Cowen lifted their target price on shares of AON from $416.00 to $420.00 and gave the company a "buy" rating in a research note on Monday, September 14th. Finally, Morgan Stanley reduced their target price on AON from $410.00 to $350.00 and set an "overweight" rating on the stock in a report on Tuesday, October 6th. Thirteen analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have issued a Sell rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average target price of $369.12.

AON Stock Performance

Shares of NYSE:AON opened at $334.57 on Monday. The business has a fifty day moving average of $300.47 and a 200-day moving average of $325.93. The company has a debt-to-equity ratio of 2.58, a quick ratio of 4.72 and a current ratio of 4.72. Aon plc has a twelve month low of $266.33 and a twelve month high of $382.34. The firm has a market cap of $70.98 billion, a PE ratio of 18.32, a price-to-earnings-growth ratio of 1.76 and a beta of 0.63.

AON (NYSE:AON - Get Free Report) last issued its quarterly earnings results on Wednesday, October 28th. The financial services provider reported $3.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.30 by $0.06. The business had revenue of $4.10 billion for the quarter, compared to the consensus estimate of $4.08 billion. AON had a net margin of 22.24% and a return on equity of 40.46%. The firm's quarterly revenue was up 2.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $3.05 EPS. On average, equities research analysts predict that Aon plc will post 18.47 EPS for the current fiscal year.

AON Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, November 13th. Stockholders of record on Monday, November 2nd will be given a dividend of $0.82 per share. This represents a $3.28 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date is Monday, November 2nd. AON's dividend payout ratio is presently 17.96%.

More AON News

Here are the key news stories impacting AON this week:

• Positive Sentiment: Aon and funds managed by Blackstone are launching Cortina, a Lloyd’s syndicate intended to provide dedicated, multi-year reinsurance capacity. The venture could broaden capital available to clients, and participating Aon clients may receive a dividend. Cortina is expected to start underwriting on January 1, 2027, subject to final approvals, with QBE as managing agent. Article
• Positive Sentiment: Aon is expanding its Lloyd’s-backed follow-form client treaty facility to cover 35% for 2027, up from 28.5%, and adding facultative capacity for Canadian insurers. The move may strengthen Aon’s reinsurance offering and client relationships, though the expanded capacity is forward-looking. Article
• Positive Sentiment: BMO Capital Markets upgraded its rating on AON, a supportive analyst signal. The linked report does not provide the revised rating or price target. Article
• Neutral Sentiment: An Aon report forecasts India’s medical-cost growth will slow to 10.1% in 2027. This may be useful to clients, but the report’s outlook alone has no clear, direct near-term earnings implication for Aon. Article
• Negative Sentiment: Dowling & Partners lowered its 2026 earnings-per-share estimate to $18.50 from $18.70. The reduction is modest and close to the cited consensus estimate of $18.47, but may weigh on sentiment. Article

Insider Activity at AON

In related news, Director Lester Knight purchased 20,000 shares of the firm's stock in a transaction dated Wednesday, September 2nd. The shares were acquired at an average cost of $327.48 per share, with a total value of $6,549,600.00. Following the completion of the purchase, the director directly owned 163,000 shares of the company's stock, valued at $53,379,240. This trade represents a 13.99% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.00% of the stock is owned by company insiders.

AON Profile

Aon plc is a global professional services firm that helps organizations manage risk and make decisions about their people and finances. Its services include insurance brokerage, risk consulting, reinsurance solutions, employee benefits consulting and retirement and investment advisory services.

The company serves businesses and institutions across a broad range of industries and geographies. Aon was formed in 1982 as Ryan Insurance Group and adopted the Aon name in 1987. It is headquartered in Dublin, Ireland, and operates internationally.

Greg Case has served as Aon's chief executive officer since 2005.

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