Haverford Trust Co Buys 1,090 Shares of Aon plc (NYSE:AON)

Haverford Trust Co increased its stake in Aon plc (NYSE:AON) by 0.3% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 337,040 shares of the financial services provider’s stock after purchasing an additional 1,090 shares during the quarter. Haverford Trust Co owned approximately 0.16% of AON worth $116,612,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Y.D. More Investments Ltd bought a new position in AON in the 2nd quarter worth $31,000. First Personal Financial Services bought a new stake in AON during the third quarter valued at about $37,000. Eastern Bank bought a new stake in AON during the third quarter valued at about $43,000. Nemes Rush Group LLC bought a new stake in AON during the second quarter valued at about $45,000. Finally, LRI Investments LLC bought a new stake in AON during the first quarter valued at about $55,000. 86.14% of the stock is owned by institutional investors.

AON Stock Performance

NYSE:AON opened at $383.78 on Wednesday. The company has a fifty day simple moving average of $356.43 and a two-hundred day simple moving average of $321.70. The company has a market cap of $83.00 billion, a price-to-earnings ratio of 32.39, a price-to-earnings-growth ratio of 2.40 and a beta of 0.91. The company has a quick ratio of 2.05, a current ratio of 2.05 and a debt-to-equity ratio of 2.66. Aon plc has a 52 week low of $268.06 and a 52 week high of $389.21.

AON Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, November 15th. Stockholders of record on Friday, November 1st will be paid a dividend of $0.675 per share. The ex-dividend date is Friday, November 1st. This represents a $2.70 dividend on an annualized basis and a dividend yield of 0.70%. AON’s dividend payout ratio (DPR) is 22.78%.

Wall Street Analysts Forecast Growth

A number of research firms have commented on AON. BMO Capital Markets raised their price target on AON from $325.00 to $380.00 and gave the company a “market perform” rating in a report on Monday, November 4th. Barclays started coverage on AON in a report on Wednesday, September 4th. They set an “overweight” rating and a $394.00 price target on the stock. Bank of America raised 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. Evercore ISI raised their price objective on AON from $338.00 to $384.00 and gave the company an “in-line” rating in a research report on Wednesday, October 9th. Finally, Piper Sandler raised their price objective on AON from $312.00 to $335.00 and gave the company a “neutral” rating in a research report on Monday, July 29th. One analyst has rated the stock with a sell rating, eleven have issued a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, AON currently has a consensus rating of “Hold” and a consensus price target of $359.19.

AON Company Profile

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.