Aon plc $AON Stock Holdings Increased by Curated Wealth Partners LLC

Curated Wealth Partners LLC raised its stake in Aon plc (NYSE:AON) by 17.3% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 3,075 shares of the financial services provider’s stock after buying an additional 453 shares during the period. Curated Wealth Partners LLC’s holdings in AON were worth $1,097,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. GAMMA Investing LLC raised its position in shares of AON by 41.7% during the first 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 period. Wealth Enhancement Advisory Services LLC raised its position in shares of AON by 61.3% during the first 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 period. Ritholtz Wealth Management raised its holdings in AON by 23.8% during the 1st quarter. Ritholtz Wealth Management now owns 2,188 shares of the financial services provider’s stock worth $873,000 after buying an additional 420 shares during the period. Exchange Traded Concepts LLC raised its holdings in AON by 121.6% during the 1st quarter. Exchange Traded Concepts LLC now owns 277 shares of the financial services provider’s stock worth $111,000 after buying an additional 152 shares during the period. Finally, Janney Montgomery Scott LLC raised its holdings in AON by 3.7% during the 1st quarter. Janney Montgomery Scott LLC now owns 11,230 shares of the financial services provider’s stock worth $4,482,000 after buying an additional 396 shares during the period. Institutional investors own 86.14% of the company’s stock.

Wall Street Analysts Forecast Growth

AON has been the topic of a number of recent analyst reports. Cantor Fitzgerald upgraded shares of AON to a “strong-buy” rating in a report on Wednesday, August 13th. TD Cowen cut their target price on shares of AON from $427.00 to $419.00 and set a “buy” rating on the stock in a research note on Wednesday, September 17th. Jefferies Financial Group raised shares of AON from a “hold” rating to a “buy” rating and boosted their target price for the company from $400.00 to $426.00 in a research note on Wednesday, July 30th. Barclays reissued an “overweight” rating and set a $420.00 price target (up from $401.00) on shares of AON in a research report on Thursday, July 31st. Finally, Morgan Stanley raised AON from an “equal weight” rating to an “overweight” rating and upped their price target for the company from $385.00 to $430.00 in a research report on Thursday, September 11th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $420.00.

AON Trading Up 2.1%

NYSE AON opened at $360.66 on Wednesday. Aon plc has a 1-year low of $323.73 and a 1-year 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 company has a market capitalization of $77.77 billion, a PE ratio of 30.21, a price-to-earnings-growth ratio of 2.10 and a beta of 0.89. The firm’s fifty day simple moving average is $364.25 and its 200-day simple moving average is $362.23.

AON (NYSE:AON) last posted its quarterly earnings results on Friday, July 25th. The financial services provider reported $3.49 earnings per share for the quarter, topping analysts’ consensus estimates of $3.40 by $0.09. AON had a net margin of 15.54% and a return on equity of 50.91%. The business had revenue of $4.16 billion for the quarter, compared to the consensus estimate of $4.16 billion. During the same period in the prior year, the business posted $2.93 earnings per share. AON’s revenue for the quarter was up 10.5% compared to the same quarter last year. As a group, sell-side analysts anticipate that Aon plc will post 17.21 earnings per share for the current fiscal year.

AON Dividend Announcement

The company also recently disclosed 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. The ex-dividend date is Monday, November 3rd. This represents a $2.98 dividend on an annualized basis and a yield of 0.8%. AON’s dividend payout ratio is currently 24.96%.

About AON

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.