Headlands Technologies LLC Has $107,000 Stock Position in Aon plc (NYSE:AON)

Headlands Technologies LLC cut its holdings in shares of Aon plc (NYSE:AON) by 85.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 299 shares of the financial services provider’s stock after selling 1,703 shares during the quarter. Headlands Technologies LLC’s holdings in AON were worth $107,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. V Square Quantitative Management LLC boosted its holdings in shares of AON by 1.3% during the fourth quarter. V Square Quantitative Management LLC now owns 2,338 shares of the financial services provider’s stock worth $840,000 after purchasing an additional 31 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its holdings in shares of AON by 5.2% during 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. U.S. Capital Wealth Advisors LLC lifted its holdings in AON by 0.9% in the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 3,692 shares of the financial services provider’s stock worth $1,326,000 after purchasing an additional 33 shares during the last quarter. Moors & Cabot Inc. grew its position in shares of AON by 3.0% in the fourth quarter. Moors & Cabot Inc. now owns 1,130 shares of the financial services provider’s stock valued at $406,000 after purchasing an additional 33 shares during the last quarter. Finally, Sandy Cove Advisors LLC increased its position in AON by 3.5% during the fourth quarter. Sandy Cove Advisors LLC now owns 1,004 shares of the financial services provider’s stock worth $361,000 after acquiring an additional 34 shares during the period. Hedge funds and other institutional investors own 86.14% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on AON. JPMorgan Chase & Co. increased their price objective on shares of AON from $379.00 to $394.00 and gave the company an “overweight” rating in a research note on Friday, January 3rd. 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 note on Monday, February 3rd. Piper Sandler lifted their price target on shares of AON from $372.00 to $384.00 and gave the company a “neutral” rating in a report on Monday, February 3rd. Evercore ISI raised AON from an “in-line” rating to an “outperform” rating and boosted their price objective for the stock from $407.00 to $420.00 in a research note on Wednesday, January 8th. Finally, Keefe, Bruyette & Woods increased their price target 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. 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 company’s stock. According to data from MarketBeat.com, AON has a consensus rating of “Hold” and a consensus price target of $386.21.

AON Stock Down 4.7 %

Shares of AON stock opened at $375.94 on Monday. The company has a market capitalization of $81.20 billion, a price-to-earnings ratio of 29.69, a P/E/G ratio of 2.12 and a beta of 0.82. Aon plc has a 12-month low of $268.06 and a 12-month high of $412.97. The firm has a fifty day moving average of $391.32 and a 200-day moving average of $373.94. 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 (NYSE:AON) last released its quarterly earnings results on Friday, January 31st. The financial services provider reported $4.42 earnings per share (EPS) for the quarter, beating 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 business posted $3.89 EPS. As a group, equities research analysts predict that Aon plc will post 17.21 earnings per share for the current fiscal year.

AON Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, February 14th. Stockholders of record on Monday, February 3rd were paid a dividend of $0.675 per share. The ex-dividend date was Monday, February 3rd. This represents a $2.70 annualized dividend and a dividend yield of 0.72%. AON’s dividend payout ratio is currently 21.33%.

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.