Blair William & Co. IL Lowers Holdings in Aon plc (NYSE:AON)

Blair William & Co. IL lowered its position in shares of Aon plc (NYSE:AON) by 4.8% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 564,247 shares of the financial services provider’s stock after selling 28,303 shares during the quarter. Blair William & Co. IL owned 0.26% of AON worth $202,655,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. grew its holdings in AON by 0.5% during the fourth quarter. Vanguard Group Inc. now owns 19,519,752 shares of the financial services provider’s stock worth $7,010,714,000 after acquiring an additional 88,361 shares during the period. State Street Corp grew its stake in shares of AON by 0.4% during the 3rd quarter. State Street Corp now owns 8,844,121 shares of the financial services provider’s stock worth $3,059,977,000 after purchasing an additional 32,417 shares during the period. Geode Capital Management LLC increased its holdings in shares of AON by 0.9% in the 3rd quarter. Geode Capital Management LLC now owns 4,322,177 shares of the financial services provider’s stock valued at $1,489,690,000 after purchasing an additional 38,447 shares in the last quarter. Bank of New York Mellon Corp lifted its stake in shares of 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 purchasing an additional 343,592 shares during the period. Finally, Mitsubishi UFJ Asset Management Co. Ltd. boosted its holdings in AON by 2.9% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 2,329,221 shares of the financial services provider’s stock worth $824,498,000 after buying an additional 64,720 shares in the last quarter. Institutional investors and hedge funds own 86.14% of the company’s stock.

AON Trading Up 0.0 %

Shares of AON opened at $396.29 on Thursday. Aon plc has a fifty-two week low of $268.06 and a fifty-two week high of $412.97. The stock has a fifty day moving average of $387.55 and a two-hundred day moving average of $371.56. 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 $85.60 billion, a PE ratio of 31.30, a price-to-earnings-growth ratio of 2.12 and a beta of 0.92.

AON (NYSE:AON) last issued 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 period last year, the business posted $3.89 EPS. As a group, analysts forecast that Aon plc will post 17.21 EPS for the current year.

AON Announces Dividend

The business also recently declared 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 dividend yield of 0.68%. AON’s dividend payout ratio (DPR) is presently 21.33%.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on AON shares. Royal Bank of Canada lifted their price target on shares of 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 boosted their target price on AON from $411.00 to $414.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 5th. Evercore ISI upgraded AON from an “in-line” rating to an “outperform” rating and raised their price target for the company from $407.00 to $420.00 in a research report on Wednesday, January 8th. Wells Fargo & Company boosted their price objective on shares of AON from $410.00 to $445.00 and gave the stock an “overweight” rating in a research report on Monday, February 3rd. Finally, JPMorgan Chase & Co. raised their target price on shares of AON from $379.00 to $394.00 and gave the company an “overweight” rating in a report on Friday, January 3rd. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company 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.