Farther Finance Advisors LLC Purchases 68 Shares of Aon plc (NYSE:AON)

Farther Finance Advisors LLC raised its position in shares of Aon plc (NYSE:AON) by 7.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,004 shares of the financial services provider’s stock after buying an additional 68 shares during the quarter. Farther Finance Advisors LLC’s holdings in AON were worth $361,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in AON. Endeavor Private Wealth Inc. purchased a new position in shares of AON in the fourth quarter valued at $29,000. Richardson Financial Services Inc. grew its stake in shares of AON by 2,025.0% in the 4th quarter. Richardson Financial Services Inc. now owns 85 shares of the financial services provider’s stock worth $30,000 after buying an additional 81 shares in the last quarter. Anchor Investment Management LLC increased its holdings in shares of AON by 1,162.5% in the 3rd quarter. Anchor Investment Management LLC now owns 101 shares of the financial services provider’s stock worth $35,000 after buying an additional 93 shares during the last quarter. Centricity Wealth Management LLC purchased a new stake in shares of AON during the 4th quarter valued at about $39,000. Finally, Kestra Investment Management LLC purchased a new position in AON in the fourth quarter worth about $39,000. Institutional investors own 86.14% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on AON. Royal Bank of Canada raised 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. Keefe, Bruyette & Woods lifted 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. Wells Fargo & Company increased their target price on shares of AON from $410.00 to $445.00 and gave the company an “overweight” rating in a research note on Monday, February 3rd. Piper Sandler upped 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. Finally, Barclays raised their price objective on shares of AON from $394.00 to $440.00 and gave the stock an “overweight” rating in a research note on Thursday, November 21st. One 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’s stock. According to MarketBeat.com, AON currently has an average rating of “Hold” and an average target price of $386.21.

AON Trading Down 2.0 %

NYSE AON opened at $390.90 on Tuesday. The company’s 50-day simple moving average is $382.21 and its two-hundred day simple moving average is $369.46. Aon plc has a one year low of $268.06 and a one year high of $412.97. The company has a market capitalization of $84.43 billion, a price-to-earnings ratio of 30.88, a price-to-earnings-growth ratio of 2.12 and a beta of 0.92. 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 (NYSE:AON) last posted its earnings results on Friday, January 31st. The financial services provider reported $4.42 earnings per share for the quarter, topping analysts’ consensus estimates 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 last year, the company earned $3.89 earnings per share. Equities analysts forecast that Aon plc will post 17.21 EPS for the current fiscal year.

AON Dividend Announcement

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

About AON

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.