Aon plc (NYSE:AON) Shares Purchased by HM Payson & Co.

HM Payson & Co. boosted its position in Aon plc (NYSE:AON) by 0.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 128,243 shares of the financial services provider’s stock after buying an additional 847 shares during the quarter. HM Payson & Co. owned 0.06% of AON worth $46,060,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in AON. Farther Finance Advisors LLC lifted its holdings in AON by 19.7% in the 3rd quarter. Farther Finance Advisors LLC now owns 936 shares of the financial services provider’s stock worth $324,000 after buying an additional 154 shares in the last quarter. QRG Capital Management Inc. lifted its holdings in AON by 4.3% in the 3rd quarter. QRG Capital Management Inc. now owns 6,476 shares of the financial services provider’s stock worth $2,241,000 after buying an additional 269 shares in the last quarter. Avidian Wealth Enterprises LLC lifted its holdings in AON by 2.2% in the 3rd quarter. Avidian Wealth Enterprises LLC now owns 1,552 shares of the financial services provider’s stock worth $537,000 after buying an additional 34 shares in the last quarter. Graypoint LLC raised its stake in shares of AON by 51.4% in the 3rd quarter. Graypoint LLC now owns 1,400 shares of the financial services provider’s stock valued at $484,000 after purchasing an additional 475 shares in the last quarter. Finally, Portside Wealth Group LLC raised its stake in shares of AON by 10.8% in the 3rd quarter. Portside Wealth Group LLC now owns 1,782 shares of the financial services provider’s stock valued at $617,000 after purchasing an additional 174 shares in the last quarter. Institutional investors and hedge funds own 86.14% of the company’s stock.

AON Price Performance

NYSE AON opened at $402.94 on Friday. Aon plc has a 52 week low of $268.06 and a 52 week high of $412.97. The company has a current ratio of 1.40, a quick ratio of 1.40 and a debt-to-equity ratio of 2.58. The stock has a market cap of $87.03 billion, a price-to-earnings ratio of 31.83, a price-to-earnings-growth ratio of 2.12 and a beta of 0.92. The company has a 50-day moving average price of $377.28 and a two-hundred day moving average price of $366.64.

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

AON Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 14th. Stockholders of record on Monday, February 3rd were issued a $0.675 dividend. This represents a $2.70 annualized dividend and a dividend yield of 0.67%. The ex-dividend date was Monday, February 3rd. AON’s dividend payout ratio (DPR) is presently 21.33%.

Analyst Upgrades and Downgrades

AON has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. upped their target price on shares of AON from $379.00 to $394.00 and gave the company an “overweight” rating in a research note on Friday, January 3rd. Evercore ISI upgraded shares of AON from an “in-line” rating to an “outperform” rating and upped their target price for the company from $407.00 to $420.00 in a research note on Wednesday, January 8th. Wells Fargo & Company upped their target price on shares of AON from $410.00 to $445.00 and gave the company an “overweight” rating in a research note on Monday, February 3rd. Barclays upped their target price on shares of AON from $394.00 to $440.00 and gave the company an “overweight” rating in a research note on Thursday, November 21st. Finally, Keefe, Bruyette & Woods boosted their price objective on shares of AON from $411.00 to $414.00 and gave the company an “outperform” rating in a research report on Wednesday, February 5th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $386.21.

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.