Aon plc (NYSE:AON) Shares Acquired by Meeder Advisory Services Inc.

Meeder Advisory Services Inc. increased its stake in shares of Aon plc (NYSE:AON) by 1.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,023 shares of the financial services provider’s stock after purchasing an additional 64 shares during the period. Meeder Advisory Services Inc.’s holdings in AON were worth $1,445,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Vanguard Group Inc. lifted its position in shares of AON by 0.5% in the fourth quarter. Vanguard Group Inc. now owns 19,519,752 shares of the financial services provider’s stock valued at $7,010,714,000 after acquiring an additional 88,361 shares in the last quarter. State Street Corp lifted its holdings in AON by 0.4% in the 3rd quarter. State Street Corp now owns 8,844,121 shares of the financial services provider’s stock valued at $3,059,977,000 after purchasing an additional 32,417 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of AON by 14.5% during the 4th quarter. Geode Capital Management LLC now owns 4,949,919 shares of the financial services provider’s stock worth $1,773,165,000 after purchasing an additional 627,742 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in shares of AON by 15.5% during the fourth quarter. Bank of New York Mellon Corp now owns 2,564,824 shares of the financial services provider’s stock worth $921,182,000 after buying an additional 343,592 shares in the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. lifted its stake in shares of AON by 2.9% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 2,329,221 shares of the financial services provider’s stock valued at $824,498,000 after buying an additional 64,720 shares during the period. Institutional investors and hedge funds own 86.14% of the company’s stock.

Analyst Ratings Changes

Several brokerages have weighed in on AON. Evercore ISI upgraded AON from an “in-line” rating to an “outperform” rating and boosted their price target for the company from $407.00 to $420.00 in a report on Wednesday, January 8th. Wells Fargo & Company upped their price objective 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. Redburn Atlantic upgraded AON to a “hold” rating in a report on Tuesday, March 25th. Royal Bank of Canada upped their price target on AON from $390.00 to $400.00 and gave the stock a “sector perform” rating in a research note on Monday, February 3rd. Finally, JPMorgan Chase & Co. increased their target price on shares of AON from $379.00 to $394.00 and gave the stock an “overweight” rating in a research report on Friday, January 3rd. One analyst has rated the stock with a sell rating, eight have issued a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $386.21.

AON Trading Down 0.7 %

Shares of NYSE AON opened at $396.11 on Thursday. The stock has a market capitalization of $85.56 billion, a P/E ratio of 31.29, a PEG ratio of 2.12 and a beta of 0.92. The stock’s 50 day moving average price is $390.57 and its two-hundred day moving average price is $373.27. The company has a quick ratio of 1.40, a current ratio of 1.40 and a debt-to-equity ratio of 2.58. Aon plc has a 52-week low of $268.06 and a 52-week high of $412.97.

AON (NYSE:AON) last announced its quarterly earnings data on Friday, January 31st. The financial services provider reported $4.42 earnings per share (EPS) for the quarter, topping the consensus estimate 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 quarter in the previous year, the firm earned $3.89 EPS. On average, analysts anticipate that Aon plc will post 17.21 earnings per share for the current fiscal year.

AON Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 14th. Shareholders of record on Monday, February 3rd were issued a $0.675 dividend. The ex-dividend date of this dividend was Monday, February 3rd. This represents a $2.70 dividend on an annualized basis and a yield of 0.68%. AON’s dividend payout ratio is currently 21.33%.

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.