Aon plc (NYSE:AON) Shares Sold by YHB Investment Advisors Inc.

YHB Investment Advisors Inc. trimmed its holdings in Aon plc (NYSE:AONFree Report) by 8.0% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 32,388 shares of the financial services provider’s stock after selling 2,831 shares during the period. AON accounts for about 0.9% of YHB Investment Advisors Inc.’s holdings, making the stock its 26th biggest holding. YHB Investment Advisors Inc.’s holdings in AON were worth $9,426,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of AON. Panagora Asset Management Inc. boosted its position in shares of AON by 34.7% during the 1st quarter. Panagora Asset Management Inc. now owns 5,003 shares of the financial services provider’s stock valued at $1,629,000 after acquiring an additional 1,289 shares during the last quarter. Sequoia Financial Advisors LLC increased its stake in AON by 134.6% during the first quarter. Sequoia Financial Advisors LLC now owns 1,633 shares of the financial services provider’s stock worth $531,000 after acquiring an additional 937 shares during the last quarter. Baird Financial Group Inc. lifted its stake in shares of AON by 16.1% in the 1st quarter. Baird Financial Group Inc. now owns 28,451 shares of the financial services provider’s stock valued at $9,264,000 after purchasing an additional 3,948 shares during the last quarter. Zions Bancorporation N.A. raised its holdings in AON by 46.0% in the 1st quarter. Zions Bancorporation N.A. now owns 1,276 shares of the financial services provider’s stock valued at $416,000 after buying an additional 402 shares during the period. Finally, Brown Brothers Harriman & Co. lifted its position in AON by 5.2% in the first quarter. Brown Brothers Harriman & Co. now owns 4,544 shares of the financial services provider’s stock valued at $1,480,000 after buying an additional 226 shares during the last quarter. 86.14% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at AON

In other AON news, Director Lester B. Knight purchased 50,000 shares of the stock in a transaction dated Wednesday, February 7th. The shares were acquired at an average price of $301.97 per share, for a total transaction of $15,098,500.00. Following the completion of the acquisition, the director now owns 134,000 shares of the company’s stock, valued at approximately $40,463,980. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other AON news, insider Michael Neller sold 750 shares of the stock in a transaction on Thursday, February 15th. The shares were sold at an average price of $312.00, for a total transaction of $234,000.00. Following the transaction, the insider now directly owns 3,869 shares of the company’s stock, valued at $1,207,128. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Lester B. Knight acquired 50,000 shares of the stock in a transaction dated Wednesday, February 7th. The shares were bought at an average cost of $301.97 per share, for a total transaction of $15,098,500.00. Following the acquisition, the director now owns 134,000 shares in the company, valued at approximately $40,463,980. The disclosure for this purchase can be found here. Insiders have sold 74,532 shares of company stock valued at $23,335,805 over the last three months. Company insiders own 1.15% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently commented on AON shares. Piper Sandler raised their price target on AON from $306.00 to $326.00 and gave the stock a “neutral” rating in a research report on Monday, February 12th. BMO Capital Markets dropped their price objective on shares of AON from $350.00 to $325.00 and set a “market perform” rating for the company in a report on Friday, December 22nd. Wells Fargo & Company dropped their price target on shares of AON from $304.00 to $295.00 and set an “underweight” rating for the company in a research note on Thursday, December 21st. UBS Group reduced their price objective on AON from $333.00 to $308.00 and set a “neutral” rating on the stock in a research note on Monday, February 5th. Finally, The Goldman Sachs Group lowered their target price on AON from $350.00 to $310.00 and set a “neutral” rating for the company in a research note on Tuesday, January 9th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $337.50.

View Our Latest Stock Report on AON

AON Trading Down 1.0 %

Shares of NYSE AON opened at $308.00 on Friday. The business has a 50 day simple moving average of $317.49 and a 200-day simple moving average of $315.45. Aon plc has a twelve month low of $284.85 and a twelve month high of $347.37. The company has a market capitalization of $61.08 billion, a price-to-earnings ratio of 24.68, a price-to-earnings-growth ratio of 1.87 and a beta of 0.86.

AON (NYSE:AONGet Free Report) last issued its quarterly earnings data on Friday, February 2nd. The financial services provider reported $3.89 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.07 by ($0.18). The business had revenue of $3.38 billion for the quarter, compared to analyst estimates of $3.36 billion. AON had a negative return on equity of 1,150.40% and a net margin of 19.17%. The business’s quarterly revenue was up 7.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $3.89 earnings per share. As a group, equities analysts predict that Aon plc will post 15.77 earnings per share for the current year.

AON Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, May 15th. Investors of record on Wednesday, May 1st will be issued a dividend of $0.675 per share. This represents a $2.70 dividend on an annualized basis and a yield of 0.88%. This is a boost from AON’s previous quarterly dividend of $0.62. AON’s dividend payout ratio (DPR) is presently 19.71%.

AON Profile

(Free Report)

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.

Featured Stories

Institutional Ownership by Quarter for AON (NYSE:AON)

Receive News & Ratings for AON Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AON and related companies with MarketBeat.com's FREE daily email newsletter.