GWN Securities Inc. Takes $242,000 Position in Aon plc (NYSE:AON)

GWN Securities Inc. acquired a new stake in shares of Aon plc (NYSE:AON) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 655 shares of the financial services provider’s stock, valued at approximately $242,000.

Other hedge funds have also recently modified their holdings of the company. Charles Schwab Investment Management Inc. increased its holdings in shares of AON by 2.6% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,237,784 shares of the financial services provider’s stock valued at $444,563,000 after acquiring an additional 31,021 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in AON by 27.7% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 96,548 shares of the financial services provider’s stock valued at $34,676,000 after buying an additional 20,942 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd boosted its position in AON by 5.8% in the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 26,533 shares of the financial services provider’s stock valued at $9,530,000 after buying an additional 1,451 shares during the last quarter. Proficio Capital Partners LLC boosted its position 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 during the last quarter. Finally, State Street Corp boosted its position in AON by 0.4% in the third quarter. State Street Corp now owns 8,844,121 shares of the financial services provider’s stock valued at $3,059,977,000 after buying an additional 32,417 shares during the last quarter. Institutional investors and hedge funds own 86.14% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on AON shares. Piper Sandler upped their target price on AON from $372.00 to $384.00 and gave the company a “neutral” rating in a research report on Monday, February 3rd. Barclays upped their target price on AON from $394.00 to $440.00 and gave the company an “overweight” rating in a research report on Thursday, November 21st. Keefe, Bruyette & Woods upped their target price on AON from $411.00 to $414.00 and gave the company an “outperform” rating in a research report on Wednesday, February 5th. JPMorgan Chase & Co. upped their target price on AON from $379.00 to $394.00 and gave the company an “overweight” rating in a research report on Friday, January 3rd. Finally, Wells Fargo & Company upped their price objective on AON from $410.00 to $445.00 and gave the stock an “overweight” rating in a research report on Monday, February 3rd. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, AON currently has an average rating of “Hold” and an average target price of $386.21.

AON Stock Down 2.0 %

NYSE AON opened at $390.90 on Tuesday. The business has a fifty day moving average price of $382.21 and a 200 day moving average price of $369.46. Aon plc has a one year low of $268.06 and a one year 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 company has a market cap of $84.43 billion, a P/E ratio of 30.88, a P/E/G ratio of 2.12 and a beta of 0.92.

AON (NYSE:AON) last issued its earnings results on Friday, January 31st. The financial services provider reported $4.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.25 by $0.17. AON had a return on equity of 70.84% and a net margin of 16.91%. During the same period in the prior year, the firm posted $3.89 earnings per share. Research analysts anticipate that Aon plc will post 17.21 EPS for the current fiscal year.

AON Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 14th. Shareholders of record on Monday, February 3rd were paid a $0.675 dividend. This represents a $2.70 dividend on an annualized basis and a dividend yield of 0.69%. The ex-dividend date of this dividend was Monday, February 3rd. AON’s dividend payout ratio (DPR) is presently 21.33%.

AON Company Profile

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.