Waldron Private Wealth LLC Purchases 14,519 Shares of Aon plc $AON

Key Points

• Waldron Private Wealth increased its Aon stake by 1,049.8% in the third quarter, buying 14,519 shares and ending the period with 15,902 shares valued at approximately $4.4 million.
• Several other institutional investors also expanded their Aon holdings; hedge funds and other institutions collectively owned 86.14% of the stock.
• Aon beat quarterly earnings and revenue estimates, with EPS of $3.36 versus the $3.30 consensus. Shares fell 2.9% in Friday’s trading, while analysts’ average rating was “Hold” with a $369.12 average price target.

Waldron Private Wealth LLC lifted its position in shares of Aon plc (NYSE:AON - Free Report) by 1,049.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,902 shares of the financial services provider's stock after purchasing an additional 14,519 shares during the period. Waldron Private Wealth LLC's holdings in AON were worth $4,401,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Pekin Hardy Strauss Inc. grew its stake in shares of AON by 4,362.8% during the third quarter. Pekin Hardy Strauss Inc. now owns 130,759 shares of the financial services provider's stock valued at $36,190,000 after acquiring an additional 127,829 shares in the last quarter. Westside Investment Management Inc. increased its position in shares of AON by 170,109.7% during the third quarter. Westside Investment Management Inc. now owns 122,551 shares of the financial services provider's stock worth $33,918,000 after acquiring an additional 122,479 shares during the last quarter. Kestra Advisory Services LLC increased its position in shares of AON by 754.4% during the third quarter. Kestra Advisory Services LLC now owns 380,635 shares of the financial services provider's stock worth $105,348,000 after acquiring an additional 336,085 shares during the last quarter. REAP Financial Group LLC lifted its stake in shares of AON by 128.1% in the third quarter. REAP Financial Group LLC now owns 1,510 shares of the financial services provider's stock worth $418,000 after acquiring an additional 848 shares in the last quarter. Finally, Inscription Capital LLC boosted its holdings in AON by 648.6% in the third quarter. Inscription Capital LLC now owns 4,529 shares of the financial services provider's stock valued at $1,253,000 after purchasing an additional 3,924 shares during the last quarter. 86.14% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

AON has been the topic of several analyst reports. Evercore dropped their price objective on AON from $423.00 to $375.00 in a report on Thursday, October 8th. Raymond James Financial raised AON from an "underperform" rating to a "market perform" rating in a research report on Monday, November 2nd. Jefferies Financial Group reduced their target price on AON from $387.00 to $383.00 and set a "buy" rating for the company in a research note on Wednesday, September 30th. UBS Group decreased their price target on shares of AON from $387.00 to $356.00 and set a "neutral" rating for the company in a research report on Monday, November 2nd. Finally, Mizuho dropped their price target on shares of AON from $366.00 to $324.00 and set an "outperform" rating for the company in a research note on Wednesday, October 7th. Thirteen investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat, AON has an average rating of "Hold" and an average target price of $369.12.

Insider Transactions at AON

In other news, Director Lester Knight acquired 20,000 shares of AON stock in a transaction that occurred on Wednesday, September 2nd. The shares were purchased at an average cost of $327.48 per share, for a total transaction 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 position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 1.00% of the stock is owned by company insiders.

Key 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

AON Stock Down 2.9%

NYSE:AON traded down $9.83 during mid-day trading on Friday, reaching $334.57. The stock had a trading volume of 977,889 shares, compared to its average volume of 1,757,596. The company has a debt-to-equity ratio of 2.58, a current ratio of 4.72 and a quick ratio of 4.72. The company has a market capitalization of $70.98 billion, a price-to-earnings ratio of 18.32, a price-to-earnings-growth ratio of 1.75 and a beta of 0.63. Aon plc has a 1-year low of $266.33 and a 1-year high of $382.34. The stock's 50 day simple moving average is $300.47 and its two-hundred day simple moving average is $325.93.

AON (NYSE:AON - Get Free Report) last announced its quarterly earnings data on Wednesday, October 28th. The financial services provider reported $3.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.30 by $0.06. The firm had revenue of $4.10 billion for the quarter, compared to analysts' expectations of $4.08 billion. AON had a return on equity of 40.46% and a net margin of 22.24%. AON's revenue for the quarter was up 2.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $3.05 earnings per share. Equities analysts anticipate that Aon plc will post 18.47 EPS for the current year.

AON Dividend Announcement

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

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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