Mitchell Capital Management Co. Sells 121 Shares of Aon plc (NYSE:AON)

Mitchell Capital Management Co. lowered its holdings in shares of Aon plc (NYSE:AON) by 1.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,742 shares of the financial services provider’s stock after selling 121 shares during the quarter. Mitchell Capital Management Co.’s holdings in AON were worth $2,421,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of the business. Valley Wealth Managers Inc. lifted its position in AON by 3.3% during the third quarter. Valley Wealth Managers Inc. now owns 886 shares of the financial services provider’s stock valued at $307,000 after purchasing an additional 28 shares during the last quarter. Intellectus Partners LLC lifted its position in AON by 3.2% during the third quarter. Intellectus Partners LLC now owns 992 shares of the financial services provider’s stock valued at $343,000 after purchasing an additional 31 shares during the last quarter. V Square Quantitative Management LLC lifted its position in 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 valued at $840,000 after purchasing an additional 31 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its position in AON by 5.2% during the fourth 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 purchasing an additional 33 shares during the last quarter. Finally, U.S. Capital Wealth Advisors LLC lifted its position in AON by 0.9% during the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 3,692 shares of the financial services provider’s stock valued at $1,326,000 after purchasing an additional 33 shares during the last quarter. Institutional investors own 86.14% of the company’s stock.

AON Trading Up 1.3 %

NYSE AON opened at $409.15 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. The company has a market capitalization of $88.38 billion, a price-to-earnings ratio of 32.32, a price-to-earnings-growth ratio of 2.12 and a beta of 0.93. The company’s 50-day simple moving average is $372.88 and its two-hundred day simple moving average is $364.35. Aon plc has a one year low of $268.06 and a one year high of $409.99.

AON (NYSE:AON) last posted its earnings results on Friday, January 31st. The financial services provider reported $4.42 EPS for the quarter, beating analysts’ consensus estimates of $4.25 by $0.17. AON had a net margin of 16.91% and a return on equity of 70.84%. During the same quarter in the prior year, the business posted $3.89 EPS. Equities analysts forecast that Aon plc will post 17.21 EPS for the current fiscal year.

AON Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, February 14th. Shareholders of record on Monday, February 3rd were given a dividend of $0.675 per share. This represents a $2.70 dividend on an annualized basis and a yield of 0.66%. The ex-dividend date was Monday, February 3rd. AON’s dividend payout ratio (DPR) is 21.33%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the stock. JPMorgan Chase & Co. increased their target price 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. Piper Sandler increased 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. 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. Barclays increased their target price on shares of AON from $394.00 to $440.00 and gave the company an “overweight” rating in a research note on Thursday, November 21st. Finally, Keefe, Bruyette & Woods increased 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. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $386.21.

AON Company 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.