Dash Acquisitions Inc. Has $8.12 Million Holdings in Aon plc (NYSE:AON)

Dash Acquisitions Inc. lifted its stake in Aon plc (NYSE:AON) by 6.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 21,618 shares of the financial services provider’s stock after acquiring an additional 1,333 shares during the period. AON makes up 2.0% of Dash Acquisitions Inc.’s portfolio, making the stock its 18th largest holding. Dash Acquisitions Inc.’s holdings in AON were worth $8,116,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. CVA Family Office LLC grew its holdings in shares of AON by 8.4% during the 3rd quarter. CVA Family Office LLC now owns 373 shares of the financial services provider’s stock worth $129,000 after purchasing an additional 29 shares in the last quarter. Amplius Wealth Advisors LLC boosted its stake in AON by 2.4% during the third quarter. Amplius Wealth Advisors LLC now owns 1,331 shares of the financial services provider’s stock worth $460,000 after buying an additional 31 shares in the last quarter. waypoint wealth counsel increased its holdings in AON by 3.6% in the 3rd quarter. waypoint wealth counsel now owns 927 shares of the financial services provider’s stock valued at $321,000 after buying an additional 32 shares during the period. Trust Co. of Vermont raised its stake in shares of AON by 8.7% in the 3rd quarter. Trust Co. of Vermont now owns 438 shares of the financial services provider’s stock valued at $152,000 after buying an additional 35 shares in the last quarter. Finally, Trust Co. of Oklahoma lifted its holdings in shares of AON by 3.5% during the 3rd quarter. Trust Co. of Oklahoma now owns 1,071 shares of the financial services provider’s stock worth $371,000 after acquiring an additional 36 shares during the period. 86.14% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts have commented on AON shares. Morgan Stanley cut their price target on shares of AON from $300.00 to $296.00 and set an “equal weight” rating for the company in a research note on Wednesday, July 10th. JPMorgan Chase & Co. raised their target price on AON from $353.00 to $379.00 and gave the stock an “overweight” rating in a research report on Thursday, July 11th. Jefferies Financial Group upped their price target on AON from $344.00 to $365.00 and gave the company a “hold” rating in a research report on Wednesday, October 9th. Evercore ISI lifted their price objective on AON from $338.00 to $384.00 and gave the company an “in-line” rating in a report on Wednesday, October 9th. Finally, TD Cowen upped their target price on shares of AON from $413.00 to $432.00 in a report on Thursday, October 24th. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $355.75.

AON Price Performance

AON opened at $364.42 on Friday. The company has a debt-to-equity ratio of 2.66, a current ratio of 2.05 and a quick ratio of 2.42. The company’s 50 day simple moving average is $352.15 and its 200-day simple moving average is $318.64. Aon plc has a one year low of $268.06 and a one year high of $389.21. The stock has a market capitalization of $78.81 billion, a P/E ratio of 30.75, a price-to-earnings-growth ratio of 2.31 and a beta of 0.91.

AON Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, November 15th. Stockholders of record on Friday, November 1st will be given a dividend of $0.675 per share. The ex-dividend date of this dividend is Friday, November 1st. This represents a $2.70 dividend on an annualized basis and a dividend yield of 0.74%. AON’s payout ratio is currently 22.78%.

About AON

Aon plc, a professional services firm, provides a range of risk and human capital solutions worldwide. It offers commercial risk solutions, including retail brokerage, specialty solutions, global risk consulting and captives management, and affinity programs; and health solutions, such as health and benefits brokerages, and health care exchanges.