Massachusetts Financial Services Co. MA Sells 194,325 Shares of Aon plc $AON

Massachusetts Financial Services Co. MA lowered its position in Aon plc (NYSE:AON) by 2.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 8,757,686 shares of the financial services provider’s stock after selling 194,325 shares during the quarter. AON accounts for about 1.0% of Massachusetts Financial Services Co. MA’s holdings, making the stock its 14th largest position. Massachusetts Financial Services Co. MA owned 4.06% of AON worth $3,122,816,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the company. Heartwood Wealth Advisors LLC bought a new stake in AON in the 3rd quarter valued at $29,000. Salomon & Ludwin LLC acquired a new position in AON in the third quarter worth about $31,000. Atlantic Union Bankshares Corp acquired a new stake in AON during the second quarter valued at approximately $31,000. Trust Co. of Toledo NA OH acquired a new position in AON during the second quarter worth $32,000. Finally, Pinnacle Bancorp Inc. boosted its stake in shares of AON by 56.9% in the 2nd quarter. Pinnacle Bancorp Inc. now owns 91 shares of the financial services provider’s stock valued at $32,000 after purchasing an additional 33 shares in the last quarter. 86.14% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts recently issued reports on AON shares. Cantor Fitzgerald cut their price target on shares of AON from $450.00 to $393.00 and set an “overweight” rating for the company in a report on Wednesday. JPMorgan Chase & Co. reduced their target price on AON from $433.00 to $406.00 and set an “overweight” rating on the stock in a report on Wednesday, January 7th. Evercore ISI reaffirmed an “outperform” rating and set a $436.00 price target on shares of AON in a report on Wednesday, January 7th. Mizuho set a $387.00 price objective on AON in a research note on Wednesday. Finally, TD Cowen cut their price target on AON from $419.00 to $416.00 and set a “buy” rating for the company in a report on Monday, November 3rd. Twelve analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat, AON currently has a consensus rating of “Moderate Buy” and an average price target of $408.47.

More AON News

Here are the key news stories impacting AON this week:

• Positive Sentiment: Aon and partners expanded data?centre insurance capacity by about $1bn, strengthening Aon’s ability to place large technology risks and capture premiums in a sector with rising demand for tailored coverage. Aon increases data centre insurance programme capacity by $1BN
• Positive Sentiment: Aon Re hired Antonio Salcedo, formerly Axa XL’s LatAm reinsurance head — a targeted senior hire that could accelerate Aon’s Latin America reinsurance growth and client relationships. Axa XL LatAm reinsurance head Salcedo exits for Aon Re
• Positive Sentiment: Aon named Kulshaan Singh as Enterprise Client Leader for APAC, reinforcing regional sales and client coverage where firms are increasing risk-transfer and advisory spend. Aon names Kulshaan Singh as Enterprise Client Leader, APAC
• Neutral Sentiment: Aon launched its Resilience Quotient (developed with Gallup), a data?driven tool that bundles Risk Capital and Human Capital insights to help clients prioritize resilience investments — a potential long?term revenue driver in advisory and analytics. Aon’s Resilience Quotient Cuts Through Uncertainty and Volatility to Help Businesses Move from Risk to Resilience and Growth
• Neutral Sentiment: Aon Global Limited said it will redeem and delist its 2.875% senior notes due 2026 — a scheduled liability retirement that trims near?term debt on subsidiary paper but has limited operational impact on Aon’s core business. Aon Global Limited Announces Redemption in Full and Delisting of 2.875% Senior Notes due 2026 from the New York Stock Exchange
• Neutral Sentiment: Aon published analysis showing long?term GLP?1 use can slow medical cost growth for employers, reinforcing Aon’s position in health?benefits consulting and potentially supporting future advisory demand. Long-term GLP-1 use trims medical cost growth: Aon
• Negative Sentiment: Aon estimates Australian wildfire economic losses in the hundreds of millions — a reminder of rising catastrophe exposures that pressure insurers/reinsurers and could create short?term volatility for risk markets and related brokerage flows. Aon pegs economic loss for Australian wildfires in hundreds of millions

AON Price Performance

Shares of AON stock opened at $343.74 on Friday. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 1.86. Aon plc has a 12 month low of $323.73 and a 12 month high of $412.97. The firm has a market cap of $73.88 billion, a price-to-earnings ratio of 27.54, a PEG ratio of 1.74 and a beta of 0.84. The stock has a 50-day moving average price of $349.77 and a 200 day moving average price of $354.90.

AON (NYSE:AON) last issued its quarterly earnings results on Friday, October 31st. The financial services provider reported $3.05 EPS for the quarter, topping the consensus estimate of $2.91 by $0.14. AON had a net margin of 15.96% and a return on equity of 48.88%. The company had revenue of $4 billion during the quarter, compared to analysts’ expectations of $3.97 billion. During the same quarter in the previous year, the company earned $2.72 EPS. AON’s revenue was up 7.4% on a year-over-year basis. Research analysts expect that Aon plc will post 17.21 EPS for the current year.

AON Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 13th. Investors of record on Monday, February 2nd will be paid a dividend of $0.745 per share. The ex-dividend date of this dividend is Monday, February 2nd. This represents a $2.98 dividend on an annualized basis and a dividend yield of 0.9%. AON’s payout ratio is 23.88%.

AON Profile

Aon plc is a global professional services firm that provides a broad suite of risk, retirement and health solutions to corporations, institutions and individuals. The company operates primarily as an insurance broker and risk adviser, helping clients identify, quantify and transfer risk across property, casualty, cyber and other areas. Aon also offers reinsurance brokerage and capital market solutions that connect insurers, reinsurers and corporate buyers.

In addition to traditional brokerage activities, Aon delivers consulting and outsourcing services in areas such as human capital, benefits, and retirement plan design and administration.