OMERS ADMINISTRATION Corp Has $216.43 Million Stock Holdings in Aon plc (NYSE:AON)

OMERS ADMINISTRATION Corp grew its stake in shares of Aon plc (NYSE:AON - Free Report) by 0.2% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 602,606 shares of the financial services provider's stock after acquiring an additional 1,403 shares during the period. AON accounts for 1.9% of OMERS ADMINISTRATION Corp's investment portfolio, making the stock its 14th biggest holding. OMERS ADMINISTRATION Corp owned 0.28% of AON worth $216,432,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of AON. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in AON by 0.6% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 21,212 shares of the financial services provider's stock valued at $7,619,000 after acquiring an additional 122 shares in the last quarter. Moore Capital Management LP raised its holdings in AON by 25.0% during the fourth quarter. Moore Capital Management LP now owns 187,376 shares of the financial services provider's stock valued at $67,298,000 after buying an additional 37,475 shares in the last quarter. Investment Management Corp of Ontario lifted its position in shares of 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 buying an additional 776 shares during the last quarter. Gotham Asset Management LLC boosted its stake in shares of AON by 38.5% during the 4th quarter. Gotham Asset Management LLC now owns 17,779 shares of the financial services provider's stock worth $6,386,000 after acquiring an additional 4,939 shares in the last quarter. Finally, Ethic Inc. raised its stake in shares of AON by 6.5% in the 4th quarter. Ethic Inc. now owns 21,454 shares of the financial services provider's stock valued at $7,706,000 after acquiring an additional 1,303 shares in the last quarter. 86.14% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages recently commented on AON. Redburn Partners set a $445.00 target price on shares of AON in a report on Tuesday, March 25th. Barclays dropped their price objective on AON from $430.00 to $415.00 and set an "overweight" rating on the stock in a research note on Wednesday, April 30th. Wells Fargo & Company increased their target price on AON from $410.00 to $445.00 and gave the company an "overweight" rating in a research note on Monday, February 3rd. Evercore ISI cut their price target on AON from $420.00 to $398.00 and set an "outperform" rating for the company in a report on Monday, April 28th. Finally, JPMorgan Chase & Co. raised their price objective on shares of AON from $394.00 to $409.00 and gave the stock an "overweight" rating in a research note on Tuesday, April 8th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and seven have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $391.75.

AON Stock Up 1.0%

AON traded up $3.51 during trading on Friday, reaching $362.10. The company had a trading volume of 1,096,937 shares, compared to its average volume of 1,208,604. The company has a market cap of $78.19 billion, a P/E ratio of 28.60, a PEG ratio of 2.12 and a beta of 0.89. Aon plc has a 12 month low of $275.07 and a 12 month high of $412.97. The business's fifty day moving average price is $373.75 and its 200 day moving average price is $375.13. 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 (NYSE:AON - Get Free Report) last released its quarterly earnings results 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). The firm had revenue of $4.73 billion during the quarter, compared to analyst estimates of $4.83 billion. AON had a net margin of 16.91% and a return on equity of 70.84%. The business's revenue for the quarter was up 16.2% compared to the same quarter last year. During the same period in the prior year, the business earned $5.66 EPS. Equities analysts anticipate that Aon plc will post 17.21 EPS for the current year.

AON Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 15th. Stockholders of record on Thursday, May 1st were paid a dividend of $0.745 per share. The ex-dividend date of this dividend was Thursday, May 1st. This is a positive change from AON's previous quarterly dividend of $0.68. This represents a $2.98 annualized dividend and a dividend yield of 0.82%. AON's payout ratio is currently 25.38%.

AON Company 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.