Nordea Investment Management AB Purchases 2,153 Shares of Aon plc $AON

Nordea Investment Management AB grew its stake in shares of Aon plc (NYSE:AON) by 12.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 19,215 shares of the financial services provider’s stock after acquiring an additional 2,153 shares during the quarter. Nordea Investment Management AB’s holdings in AON were worth $6,817,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Heartwood Wealth Advisors LLC acquired a new stake in shares of AON during the third quarter worth $29,000. Atlantic Union Bankshares Corp acquired a new stake in AON during the 2nd quarter worth about $31,000. Salomon & Ludwin LLC purchased a new stake in AON during the 3rd quarter valued at about $31,000. Pinnacle Bancorp Inc. increased its holdings in shares of AON by 56.9% in the second 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 during the period. Finally, Trust Co. of Toledo NA OH purchased a new position in shares of AON in the second quarter worth about $32,000. Hedge funds and other institutional investors own 86.14% of the company’s stock.

Analyst Ratings Changes

AON has been the topic of several research reports. Citigroup upgraded shares of AON from a “neutral” rating to a “buy” rating and set a $402.00 price target on the stock in a report on Monday, November 3rd. Wells Fargo & Company decreased their target price on shares of AON from $449.00 to $448.00 and set an “overweight” rating for the company in a research report on Tuesday. Evercore ISI reissued an “outperform” rating and issued a $436.00 price objective on shares of AON in a report on Wednesday, January 7th. The Goldman Sachs Group set a $395.00 price target on AON in a research report on Wednesday, January 7th. Finally, Cantor Fitzgerald lowered their price objective on AON from $450.00 to $393.00 and set an “overweight” rating on the stock in a research report on Wednesday. Twelve analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, AON currently has a consensus rating of “Moderate Buy” and a consensus target price of $408.47.

AON Stock Down 0.3%

Shares of NYSE AON opened at $343.74 on Friday. The firm has a market cap of $73.88 billion, a price-to-earnings ratio of 27.54, a price-to-earnings-growth ratio of 1.74 and a beta of 0.84. The company’s 50-day simple moving average is $349.77 and its 200-day simple moving average is $354.90. 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 52-week low of $323.73 and a 52-week high of $412.97.

AON (NYSE:AON) last issued its quarterly earnings results on Friday, October 31st. The financial services provider reported $3.05 earnings per share for the quarter, beating analysts’ consensus estimates of $2.91 by $0.14. AON had a net margin of 15.96% and a return on equity of 48.88%. The firm had revenue of $4 billion for the quarter, compared to analyst estimates of $3.97 billion. During the same period last year, the company posted $2.72 EPS. AON’s quarterly revenue was up 7.4% compared to the same quarter last year. Equities analysts predict that Aon plc will post 17.21 EPS for the current fiscal year.

AON Announces Dividend

The company 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 $0.745 dividend. This represents a $2.98 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Monday, February 2nd. AON’s dividend payout ratio is currently 23.88%.

Key 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

About AON

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.