90 Shares in Aon plc $AON Acquired by Trust Co. of Toledo NA OH

Trust Co. of Toledo NA OH purchased a new position in Aon plc (NYSE:AONFree Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 90 shares of the financial services provider’s stock, valued at approximately $32,000.

Several other hedge funds have also made changes to their positions in AON. Farther Finance Advisors LLC lifted its holdings in shares of AON by 26.0% in the 1st quarter. Farther Finance Advisors LLC now owns 1,265 shares of the financial services provider’s stock worth $505,000 after purchasing an additional 261 shares during the last quarter. GAMMA Investing LLC lifted its holdings in shares of AON by 41.7% in the 1st quarter. GAMMA Investing LLC now owns 1,909 shares of the financial services provider’s stock worth $762,000 after purchasing an additional 562 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of AON by 61.3% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 45,308 shares of the financial services provider’s stock worth $18,082,000 after purchasing an additional 17,226 shares during the last quarter. Ritholtz Wealth Management lifted its holdings in shares of AON by 23.8% in the 1st quarter. Ritholtz Wealth Management now owns 2,188 shares of the financial services provider’s stock worth $873,000 after purchasing an additional 420 shares during the last quarter. Finally, Exchange Traded Concepts LLC raised its stake in AON by 121.6% during the 1st quarter. Exchange Traded Concepts LLC now owns 277 shares of the financial services provider’s stock valued at $111,000 after acquiring an additional 152 shares in the last quarter. Institutional investors own 86.14% of the company’s stock.

AON Stock Down 1.9%

Shares of AON stock opened at $353.44 on Tuesday. Aon plc has a 1 year low of $323.73 and a 1 year high of $412.97. The stock has a market cap of $76.21 billion, a PE ratio of 29.60, a price-to-earnings-growth ratio of 2.14 and a beta of 0.89. The business’s fifty day moving average is $364.27 and its 200-day moving average is $362.24. The company has a debt-to-equity ratio of 1.93, a quick ratio of 1.52 and a current ratio of 1.52.

AON (NYSE:AONGet Free Report) last issued its quarterly earnings results 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. AON had a return on equity of 50.91% and a net margin of 15.54%.The company had revenue of $4.16 billion for the quarter, compared to analysts’ expectations of $4.16 billion. During the same period last year, the firm earned $2.93 EPS. The firm’s revenue for the quarter was up 10.5% on a year-over-year basis. Equities analysts expect that Aon plc will post 17.21 earnings per share for the current fiscal year.

AON Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, November 14th. Investors of record on Monday, November 3rd will be issued a $0.745 dividend. This represents a $2.98 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Monday, November 3rd. AON’s payout ratio is presently 24.96%.

Analyst Upgrades and Downgrades

AON has been the topic of several recent analyst reports. Wolfe Research initiated coverage on AON in a research note on Monday, September 15th. They set a “peer perform” rating on the stock. TD Cowen cut their target price on AON from $427.00 to $419.00 and set a “buy” rating on the stock in a research note on Wednesday, September 17th. JPMorgan Chase & Co. cut their target price on AON from $436.00 to $433.00 and set an “overweight” rating on the stock in a research note on Thursday, October 9th. Cantor Fitzgerald raised AON to a “strong-buy” rating in a research note on Wednesday, August 13th. Finally, Barclays reaffirmed an “overweight” rating and set a $420.00 target price (up previously from $401.00) on shares of AON in a research note on Thursday, July 31st. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, AON currently has an average rating of “Moderate Buy” and an average price target of $420.00.

Check Out Our Latest Stock Analysis 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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Institutional Ownership by Quarter for AON (NYSE:AON)

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