Aon plc (NYSE:AON) Shares Purchased by Sei Investments Co.

Sei Investments Co. grew its position in Aon plc (NYSE:AON) by 25.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 300,682 shares of the financial services provider’s stock after buying an additional 61,869 shares during the period. Sei Investments Co. owned 0.14% of AON worth $107,995,000 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. State Street Corp increased its stake in AON by 0.4% during the third quarter. State Street Corp now owns 8,844,121 shares of the financial services provider’s stock worth $3,059,977,000 after acquiring an additional 32,417 shares during the last quarter. Geode Capital Management LLC increased its position in shares of AON by 0.9% during the 3rd quarter. Geode Capital Management LLC now owns 4,322,177 shares of the financial services provider’s stock worth $1,489,690,000 after purchasing an additional 38,447 shares during the last quarter. Bank of New York Mellon Corp lifted its position in AON by 15.5% in the fourth quarter. Bank of New York Mellon Corp now owns 2,564,824 shares of the financial services provider’s stock valued at $921,182,000 after buying an additional 343,592 shares during the last quarter. Boston Partners boosted its stake in AON by 13.7% during the fourth quarter. Boston Partners now owns 2,035,998 shares of the financial services provider’s stock worth $731,799,000 after buying an additional 244,706 shares during the period. Finally, Cantillon Capital Management LLC increased its position in shares of AON by 0.5% during the fourth quarter. Cantillon Capital Management LLC now owns 1,323,228 shares of the financial services provider’s stock valued at $475,251,000 after acquiring an additional 7,010 shares during the last quarter. Institutional investors and hedge funds own 86.14% of the company’s stock.

AON Trading Down 0.8 %

Shares of NYSE:AON opened at $390.02 on Friday. The company has a market cap of $84.24 billion, a PE ratio of 30.81, a P/E/G ratio of 2.12 and a beta of 0.92. The company’s 50 day moving average is $385.41 and its two-hundred day moving average is $370.58. Aon plc has a 52 week low of $268.06 and a 52 week high of $412.97. The company has a current ratio of 1.40, a quick ratio of 1.40 and a debt-to-equity ratio of 2.58.

AON (NYSE:AON) last announced its quarterly earnings results on Friday, January 31st. The financial services provider reported $4.42 earnings per share (EPS) 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 in the prior year, the business posted $3.89 earnings per share. Equities analysts predict that Aon plc will post 17.21 earnings per share for the current fiscal year.

AON Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, February 14th. Shareholders of record on Monday, February 3rd were paid a $0.675 dividend. The ex-dividend date was Monday, February 3rd. This represents a $2.70 annualized dividend and a yield of 0.69%. AON’s dividend payout ratio is currently 21.33%.

Analysts Set New Price Targets

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