Whittier Trust Co. Acquires 41 Shares of Aon plc (NYSE:AON)

Whittier Trust Co. boosted its holdings in shares of Aon plc (NYSE:AON) by 0.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,307 shares of the financial services provider’s stock after buying an additional 41 shares during the quarter. Whittier Trust Co.’s holdings in AON were worth $1,906,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the stock. State Street Corp increased its holdings in shares of AON by 0.4% during 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 acquiring an additional 32,417 shares during the last quarter. Geode Capital Management LLC grew its holdings in AON by 0.9% during the third quarter. Geode Capital Management LLC now owns 4,322,177 shares of the financial services provider’s stock valued at $1,489,690,000 after purchasing an additional 38,447 shares during the last quarter. Bank of New York Mellon Corp raised its position in shares of AON by 15.5% in the fourth quarter. Bank of New York Mellon Corp now owns 2,564,824 shares of the financial services provider’s stock valued at $921,182,000 after purchasing an additional 343,592 shares during the period. Boston Partners boosted its holdings in shares of AON by 13.7% during the 4th quarter. Boston Partners now owns 2,035,998 shares of the financial services provider’s stock worth $731,799,000 after buying an additional 244,706 shares during the period. Finally, Cantillon Capital Management LLC grew its stake in AON by 0.5% in the 4th quarter. Cantillon Capital Management LLC now owns 1,323,228 shares of the financial services provider’s stock valued at $475,251,000 after buying an additional 7,010 shares during the last quarter. 86.14% of the stock is currently owned by institutional investors.

AON Price Performance

NYSE:AON opened at $390.02 on Friday. The company has a quick ratio of 1.40, a current ratio of 1.40 and a debt-to-equity ratio of 2.58. The firm has a market cap of $84.24 billion, a PE ratio of 30.81, a price-to-earnings-growth ratio of 2.12 and a beta of 0.92. Aon plc has a 12 month low of $268.06 and a 12 month high of $412.97. The company’s 50-day moving average price is $385.41 and its two-hundred day moving average price is $370.41.

AON (NYSE:AON) last announced 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 return on equity of 70.84% and a net margin of 16.91%. During the same period in the prior year, the company posted $3.89 EPS. On average, equities analysts anticipate that Aon plc will post 17.21 EPS for the current fiscal year.

AON Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 14th. Stockholders of record on Monday, February 3rd were paid 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 dividend yield of 0.69%. AON’s dividend payout ratio (DPR) is presently 21.33%.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the company. Wells Fargo & Company boosted their price objective on AON from $410.00 to $445.00 and gave the stock an “overweight” rating in a research report on Monday, February 3rd. Evercore ISI raised AON from an “in-line” rating to an “outperform” rating and increased their price objective for the company from $407.00 to $420.00 in a research report on Wednesday, January 8th. Keefe, Bruyette & Woods upped their target price on shares of AON from $411.00 to $414.00 and gave the company an “outperform” rating in a research note on Wednesday, February 5th. Royal Bank of Canada raised their price target on shares of AON from $390.00 to $400.00 and gave the stock a “sector perform” rating in a research report on Monday, February 3rd. Finally, JPMorgan Chase & Co. upped their price objective on shares of AON from $379.00 to $394.00 and gave the company an “overweight” rating in a research report on Friday, January 3rd. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $386.21.

AON Profile

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.