NorthRock Partners LLC Has $1.31 Million Stock Holdings in Aon plc (NYSE:AON)

NorthRock Partners LLC grew its stake in shares of Aon plc (NYSE:AON - Free Report) by 274.7% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 3,646 shares of the financial services provider's stock after buying an additional 2,673 shares during the period. NorthRock Partners LLC's holdings in AON were worth $1,310,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in the stock. Nuveen Asset Management LLC raised its position in shares of AON by 32.0% during the fourth quarter. Nuveen Asset Management LLC now owns 1,025,667 shares of the financial services provider's stock valued at $368,378,000 after buying an additional 248,707 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in AON by 0.6% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 21,212 shares of the financial services provider's stock worth $7,619,000 after purchasing an additional 122 shares in the last quarter. Moore Capital Management LP raised its position in AON by 25.0% in the fourth quarter. Moore Capital Management LP now owns 187,376 shares of the financial services provider's stock worth $67,298,000 after purchasing an additional 37,475 shares in the last quarter. Investment Management Corp of Ontario raised its position in AON by 11.9% in the fourth quarter. Investment Management Corp of Ontario now owns 7,272 shares of the financial services provider's stock worth $2,612,000 after purchasing an additional 776 shares in the last quarter. Finally, Gotham Asset Management LLC raised its position in AON by 38.5% in the fourth quarter. Gotham Asset Management LLC now owns 17,779 shares of the financial services provider's stock worth $6,386,000 after purchasing an additional 4,939 shares in the last quarter. Institutional investors and hedge funds own 86.14% of the company's stock.

AON Stock Up 1.0%

AON stock traded up $3.51 during midday trading on Friday, hitting $362.10. The company's stock had a trading volume of 1,096,937 shares, compared to its average volume of 1,207,441. 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 twelve month low of $275.07 and a twelve month high of $412.97. The company's fifty day moving average price is $372.99 and its 200 day moving average price is $375.11. The stock has a market capitalization of $78.19 billion, a P/E ratio of 28.60, a PEG ratio of 2.12 and a beta of 0.89.

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 firm had revenue of $4.73 billion during the quarter, compared to the consensus estimate of $4.83 billion. AON had a net margin of 16.91% and a return on equity of 70.84%. The business's revenue was up 16.2% on a year-over-year basis. During the same period last year, the business earned $5.66 EPS. As a group, equities research analysts predict that Aon plc will post 17.21 EPS for the current year.

AON Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 15th. Shareholders of record on Thursday, May 1st were issued a $0.745 dividend. The ex-dividend date of this dividend was Thursday, May 1st. This represents a $2.98 dividend on an annualized basis and a yield of 0.82%. This is an increase from AON's previous quarterly dividend of $0.68. AON's payout ratio is currently 25.38%.

Analyst Ratings Changes

Several research analysts recently issued reports on the stock. Evercore ISI dropped their price target on shares of AON from $420.00 to $398.00 and set an "outperform" rating for the company in a research report on Monday, April 28th. Jefferies Financial Group increased their price target on shares of AON from $396.00 to $416.00 and gave the stock a "hold" rating in a research report on Friday, April 11th. JPMorgan Chase & Co. increased their price target on shares of AON from $394.00 to $409.00 and gave the stock an "overweight" rating in a research report on Tuesday, April 8th. Piper Sandler raised shares of AON from a "neutral" rating to an "overweight" rating and dropped their price target for the stock from $384.00 to $378.00 in a research report on Monday, April 28th. Finally, Barclays dropped their price objective on shares of AON from $430.00 to $415.00 and set an "overweight" rating for the company in a report on Wednesday, April 30th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $391.75.

AON 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.