Bar Harbor Wealth Management Trims Holdings in Aon plc $AON

Bar Harbor Wealth Management lessened its holdings in shares of Aon plc (NYSE:AONFree Report) by 19.2% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 620 shares of the financial services provider’s stock after selling 147 shares during the period. Bar Harbor Wealth Management’s holdings in AON were worth $221,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of AON. Farther Finance Advisors LLC boosted its position in AON by 26.0% during the 1st quarter. Farther Finance Advisors LLC now owns 1,265 shares of the financial services provider’s stock valued at $505,000 after acquiring an additional 261 shares in the last quarter. Pallas Capital Advisors LLC bought a new stake in AON during the 1st quarter valued at approximately $580,000. GAMMA Investing LLC boosted its position in AON by 41.7% during the 1st quarter. GAMMA Investing LLC now owns 1,909 shares of the financial services provider’s stock valued at $762,000 after acquiring an additional 562 shares in the last quarter. Simplicity Wealth LLC boosted its position in AON by 203.1% during the 1st quarter. Simplicity Wealth LLC now owns 1,964 shares of the financial services provider’s stock valued at $784,000 after acquiring an additional 1,316 shares in the last quarter. Finally, Integrated Advisors Network LLC boosted its position in AON by 33.3% during the 1st quarter. Integrated Advisors Network LLC now owns 904 shares of the financial services provider’s stock valued at $361,000 after acquiring an additional 226 shares in the last quarter. 86.14% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

AON has been the topic of several research reports. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of AON in a research report on Wednesday. Jefferies Financial Group raised AON from a “hold” rating to a “buy” rating and boosted their price target for the stock from $400.00 to $426.00 in a research report on Wednesday, July 30th. Wells Fargo & Company dropped their price target on AON from $451.00 to $448.00 and set an “overweight” rating on the stock in a research report on Wednesday. Piper Sandler boosted their price target on AON from $393.00 to $413.00 and gave the stock an “overweight” rating in a research report on Monday, July 28th. Finally, JPMorgan Chase & Co. dropped their price target on AON from $436.00 to $433.00 and set an “overweight” rating on the stock in a research report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $420.00.

Check Out Our Latest Research Report on AON

AON Stock Performance

AON stock opened at $360.52 on Friday. The stock has a market capitalization of $77.74 billion, a PE ratio of 30.19, a price-to-earnings-growth ratio of 2.16 and a beta of 0.89. Aon plc has a 12-month low of $323.73 and a 12-month high of $412.97. The company has a current ratio of 1.52, a quick ratio of 1.52 and a debt-to-equity ratio of 1.93. The stock’s 50 day simple moving average is $364.28 and its 200 day simple moving average is $363.26.

AON (NYSE:AONGet Free Report) last released its quarterly earnings data on Friday, July 25th. The financial services provider reported $3.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.40 by $0.09. The business had revenue of $4.16 billion for the quarter, compared to analysts’ expectations of $4.16 billion. AON had a return on equity of 50.91% and a net margin of 15.54%.The firm’s quarterly revenue was up 10.5% on a year-over-year basis. During the same period in the prior year, the firm posted $2.93 EPS. As a group, research analysts forecast that Aon plc will post 17.21 earnings per share for the current fiscal year.

AON Company 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.

Read More

Institutional Ownership by Quarter for AON (NYSE:AON)

Receive News & Ratings for AON Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AON and related companies with MarketBeat.com's FREE daily email newsletter.