Signaturefd LLC Acquires 79 Shares of Aon plc (NYSE:AON)

Signaturefd LLC raised its holdings in shares of Aon plc (NYSE:AON) by 3.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,725 shares of the financial services provider’s stock after acquiring an additional 79 shares during the quarter. Signaturefd LLC’s holdings in AON were worth $979,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. V Square Quantitative Management LLC raised its holdings 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 acquiring an additional 31 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its holdings 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 acquiring an additional 33 shares during the period. U.S. Capital Wealth Advisors LLC grew its position in shares of 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 in the last quarter. Moors & Cabot Inc. grew its position in shares of AON by 3.0% during 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 in the last quarter. Finally, Sandy Cove Advisors LLC grew its position in shares of AON by 3.5% during the fourth quarter. Sandy Cove Advisors LLC now owns 1,004 shares of the financial services provider’s stock valued at $361,000 after purchasing an additional 34 shares in the last quarter. 86.14% of the stock is owned by institutional investors.

AON Stock Performance

AON stock opened at $389.79 on Wednesday. The company has a 50 day moving average price of $383.03 and a 200-day moving average price of $369.79. 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 fifty-two week low of $268.06 and a fifty-two week high of $412.97. The company has a market capitalization of $84.19 billion, a PE ratio of 30.79, a P/E/G ratio of 2.12 and a beta of 0.92.

AON (NYSE:AON) last posted its quarterly earnings results on Friday, January 31st. The financial services provider reported $4.42 earnings per share for the quarter, beating the consensus estimate 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 firm earned $3.89 earnings per share. As a group, equities analysts forecast that Aon plc will post 17.21 earnings per share for the current year.

AON Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 14th. Shareholders of record on Monday, February 3rd were issued a dividend of $0.675 per share. 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 currently 21.33%.

Wall Street Analyst Weigh In

AON has been the subject of a number of research analyst reports. JPMorgan Chase & Co. raised their price objective on AON from $379.00 to $394.00 and gave the company an “overweight” rating in a research report on Friday, January 3rd. 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 report on Monday, February 3rd. Keefe, Bruyette & Woods raised their price objective on AON from $411.00 to $414.00 and gave the company an “outperform” rating in a research report on Wednesday, February 5th. Barclays lifted their price target on AON from $394.00 to $440.00 and gave the stock an “overweight” rating in a research report on Thursday, November 21st. Finally, Evercore ISI upgraded AON from an “in-line” rating to an “outperform” rating and lifted their price target for the stock from $407.00 to $420.00 in a research report on Wednesday, January 8th. 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 company’s stock. According to data from MarketBeat, AON has a consensus rating of “Hold” and an average price target 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.