Choreo LLC lowered its stake in shares of Aon plc (NYSE:AON - Free Report) by 13.5% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 6,765 shares of the financial services provider's stock after selling 1,053 shares during the quarter. Choreo LLC's holdings in AON were worth $2,423,000 at the end of the most recent quarter.
Several other large investors have also recently modified their holdings of the stock. Valley Wealth Managers Inc. increased its position in shares of AON by 3.3% during the 3rd quarter. Valley Wealth Managers Inc. now owns 886 shares of the financial services provider's stock valued at $307,000 after purchasing an additional 28 shares during the last quarter. CVA Family Office LLC increased its position 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 valued at $129,000 after purchasing an additional 29 shares during the last quarter. Amplius Wealth Advisors LLC increased its position in shares of AON by 2.4% during the 3rd quarter. Amplius Wealth Advisors LLC now owns 1,331 shares of the financial services provider's stock valued at $460,000 after purchasing an additional 31 shares during the last quarter. Intellectus Partners LLC increased its position in shares of AON by 3.2% during the 3rd quarter. Intellectus Partners LLC now owns 992 shares of the financial services provider's stock valued at $343,000 after purchasing an additional 31 shares during the last quarter. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its position in AON by 5.2% in the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 673 shares of the financial services provider's stock valued at $242,000 after acquiring an additional 33 shares during the last quarter. Institutional investors own 86.14% of the company's stock.
Shares of NYSE AON opened at $384.67 on Friday. The company has a debt-to-equity ratio of 2.58, a current ratio of 1.40 and a quick ratio of 2.05. The stock has a market capitalization of $83.19 billion, a P/E ratio of 30.38, a price-to-earnings-growth ratio of 2.02 and a beta of 0.93. Aon plc has a 1-year low of $268.06 and a 1-year high of $395.33. The business has a fifty day moving average price of $365.59 and a 200 day moving average price of $355.80.
AON (NYSE:AON - Get Free Report) last issued its quarterly earnings data on Friday, January 31st. The financial services provider reported $4.42 earnings per share 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 quarter in the previous year, the company posted $3.89 earnings per share. Equities research analysts expect that Aon plc will post 17.39 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 14th. Investors of record on Monday, February 3rd will be paid a dividend of $0.675 per share. This represents a $2.70 dividend on an annualized basis and a dividend yield of 0.70%. The ex-dividend date is Monday, February 3rd. AON's dividend payout ratio (DPR) is currently 21.33%.
In other AON news, COO Mindy F. Simon sold 650 shares of the stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $394.34, for a total value of $256,321.00. Following the completion of the sale, the chief operating officer now directly owns 1,816 shares in the company, valued at approximately $716,121.44. This trade represents a 26.36 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Lisa Stevens sold 1,275 shares of the stock in a transaction dated Tuesday, November 26th. The shares were sold at an average price of $387.68, for a total value of $494,292.00. Following the completion of the sale, the insider now owns 8,077 shares of the company's stock, valued at approximately $3,131,291.36. This trade represents a 13.63 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.30% of the stock is currently owned by company insiders.
AON has been the topic of several research analyst reports. Evercore ISI raised AON from an "in-line" rating to an "outperform" rating and upped their price objective for the company from $407.00 to $420.00 in a research report on Wednesday, January 8th. Wells Fargo & Company upped their price objective on AON from $410.00 to $445.00 and gave the company an "overweight" rating in a research report on Monday. Bank of America upped their price objective on AON from $345.00 to $375.00 and gave the company an "underperform" rating in a research report on Thursday, October 10th. JPMorgan Chase & Co. upped their price objective on AON from $379.00 to $394.00 and gave the company an "overweight" rating in a research report on Friday, January 3rd. Finally, Royal Bank of Canada upped their price objective on AON from $390.00 to $400.00 and gave the company a "sector perform" rating in a research report on Monday. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $386.21.
View Our Latest Stock Analysis on 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.
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