Advisor OS LLC Lowers Stock Holdings in Aon plc (NYSE:AON)

Advisor OS LLC decreased its holdings in shares of Aon plc (NYSE:AON) by 22.2% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 811 shares of the financial services provider’s stock after selling 232 shares during the quarter. Advisor OS LLC’s holdings in AON were worth $291,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in AON. Endeavor Private Wealth Inc. acquired a new stake in AON in the 4th quarter worth about $29,000. Richardson Financial Services Inc. boosted its position in shares of AON by 2,025.0% in the fourth quarter. Richardson Financial Services Inc. now owns 85 shares of the financial services provider’s stock worth $30,000 after acquiring an additional 81 shares during the last quarter. Anchor Investment Management LLC grew its holdings in AON by 1,162.5% in the third quarter. Anchor Investment Management LLC now owns 101 shares of the financial services provider’s stock valued at $35,000 after purchasing an additional 93 shares during the period. First Personal Financial Services purchased a new position in AON during the third quarter worth approximately $37,000. Finally, Centricity Wealth Management LLC acquired a new position in shares of AON in the 4th quarter valued at $39,000. Hedge funds and other institutional investors own 86.14% of the company’s stock.

AON Stock Up 1.1 %

Shares of NYSE AON opened at $403.61 on Friday. The company has a debt-to-equity ratio of 2.58, a quick ratio of 1.40 and a current ratio of 1.40. Aon plc has a 1 year low of $268.06 and a 1 year high of $408.26. The stock’s 50-day simple moving average is $371.87 and its 200-day simple moving average is $363.54. The firm has a market cap of $87.18 billion, a price-to-earnings ratio of 31.88, a PEG ratio of 2.12 and a beta of 0.93.

AON (NYSE:AON) last released its earnings results on Friday, January 31st. The financial services provider reported $4.42 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 quarter in the previous year, the company posted $3.89 earnings per share. As a group, equities analysts anticipate that Aon plc will post 17.21 earnings per share for the current fiscal year.

AON Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 14th. Stockholders of record on Monday, February 3rd were given a $0.675 dividend. This represents a $2.70 annualized dividend and a dividend yield of 0.67%. The ex-dividend date was Monday, February 3rd. AON’s payout ratio is currently 21.33%.

Analysts Set New Price Targets

Several research analysts recently weighed in on the company. Royal Bank of Canada increased their target price on AON from $390.00 to $400.00 and gave the stock a “sector perform” rating in a research report on Monday, February 3rd. Evercore ISI upgraded AON from an “in-line” rating to an “outperform” rating and boosted their target price for the stock from $407.00 to $420.00 in a report on Wednesday, January 8th. Wells Fargo & Company raised their price target on shares of AON from $410.00 to $445.00 and gave the company an “overweight” rating in a report on Monday, February 3rd. Keefe, Bruyette & Woods boosted their price objective on shares of AON from $411.00 to $414.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 5th. Finally, Piper Sandler raised their target price on shares of AON from $372.00 to $384.00 and gave the company a “neutral” rating in a research note on Monday, February 3rd. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, AON has a consensus rating of “Hold” and a consensus 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.