OneDigital Investment Advisors LLC decreased its holdings in Aon plc (NYSE:AON - Free Report) by 7.2% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 9,089 shares of the financial services provider's stock after selling 701 shares during the quarter. OneDigital Investment Advisors LLC's holdings in AON were worth $3,264,000 at the end of the most recent reporting period.
Other institutional investors have also made changes to their positions in the company. Charles Schwab Investment Management Inc. boosted its position in shares of AON by 2.6% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,237,784 shares of the financial services provider's stock worth $444,563,000 after acquiring an additional 31,021 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of AON by 27.7% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 96,548 shares of the financial services provider's stock valued at $34,676,000 after purchasing an additional 20,942 shares during the last quarter. Aviva PLC raised its holdings in shares of AON by 19.0% during the 4th quarter. Aviva PLC now owns 255,760 shares of the financial services provider's stock worth $91,859,000 after buying an additional 40,850 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd lifted its position in shares of AON by 5.8% during the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 26,533 shares of the financial services provider's stock worth $9,530,000 after buying an additional 1,451 shares during the last quarter. Finally, Proficio Capital Partners LLC boosted its stake in AON by 43,000.8% in the fourth quarter. Proficio Capital Partners LLC now owns 390,924 shares of the financial services provider's stock valued at $140,404,000 after buying an additional 390,017 shares in the last quarter. 86.14% of the stock is currently owned by institutional investors.
AON Trading Up 1.3 %
Shares of NYSE:AON traded up $4.26 during trading on Monday, reaching $340.11. The stock had a trading volume of 1,026,676 shares, compared to its average volume of 1,240,293. Aon plc has a 52 week low of $275.07 and a 52 week high of $412.97. The company has a debt-to-equity ratio of 2.58, a quick ratio of 1.40 and a current ratio of 1.40. The firm's fifty day moving average is $386.53 and its 200 day moving average is $375.91. The stock has a market cap of $73.46 billion, a price-to-earnings ratio of 26.84, a P/E/G ratio of 2.12 and a beta of 0.82.
AON (NYSE:AON - Get Free Report) last issued its quarterly earnings results on Friday, April 25th. The financial services provider reported $5.67 earnings per share for the quarter, missing analysts' consensus estimates of $6.04 by ($0.37). AON had a return on equity of 70.84% and a net margin of 16.91%. The business had revenue of $4.73 billion for the quarter, compared to analyst estimates of $4.83 billion. As a group, equities analysts forecast that Aon plc will post 17.21 EPS for the current fiscal year.
AON Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 15th. Stockholders of record on Thursday, May 1st will be given a dividend of $0.745 per share. This represents a $2.98 dividend on an annualized basis and a dividend yield of 0.88%. The ex-dividend date is Thursday, May 1st. This is a boost from AON's previous quarterly dividend of $0.68. AON's dividend payout ratio is 25.38%.
Wall Street Analyst Weigh In
A number of research analysts have recently commented on the stock. Piper Sandler raised shares of AON from a "neutral" rating to an "overweight" rating and set a $378.00 target price for the company in a report on Monday. Jefferies Financial Group increased their price objective on shares of AON from $396.00 to $416.00 and gave the company a "hold" rating in a research note on Friday, April 11th. Royal Bank of Canada boosted their target price on shares of AON from $390.00 to $400.00 and gave the stock a "sector perform" rating in a research note on Monday, February 3rd. Redburn Partners set a $445.00 price target on AON in a research note on Tuesday, March 25th. Finally, Barclays reduced their price objective on AON from $440.00 to $430.00 and set an "overweight" rating on the stock in a research report on Friday, April 11th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and six have given a buy rating to the company. According to data from MarketBeat, AON has a consensus rating of "Hold" and an average price target of $392.00.
View Our Latest Stock Report on AON
AON Profile
(
Free Report)
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.
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