Endeavor Private Wealth Inc. Purchases Shares of 82 Aon plc (NYSE:AON)

Endeavor Private Wealth Inc. acquired a new stake in shares of Aon plc (NYSE:AON) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 82 shares of the financial services provider’s stock, valued at approximately $29,000.

A number of other institutional investors also recently modified their holdings of AON. AE Wealth Management LLC lifted its holdings in AON by 21.8% in the 2nd quarter. AE Wealth Management LLC now owns 1,553 shares of the financial services provider’s stock worth $456,000 after buying an additional 278 shares during the period. Thrivent Financial for Lutherans raised its holdings in shares of AON by 4.4% during the second quarter. Thrivent Financial for Lutherans now owns 11,285 shares of the financial services provider’s stock valued at $3,313,000 after acquiring an additional 480 shares in the last quarter. 1832 Asset Management L.P. lifted its stake in AON by 326.4% in the second quarter. 1832 Asset Management L.P. now owns 15,689 shares of the financial services provider’s stock worth $4,606,000 after acquiring an additional 12,010 shares during the period. EverSource Wealth Advisors LLC boosted its holdings in AON by 5.6% in the second quarter. EverSource Wealth Advisors LLC now owns 852 shares of the financial services provider’s stock valued at $250,000 after acquiring an additional 45 shares in the last quarter. Finally, Evergreen Capital Management LLC increased its position in AON by 21.0% during the 2nd quarter. Evergreen Capital Management LLC now owns 927 shares of the financial services provider’s stock valued at $272,000 after purchasing an additional 161 shares during the period. 86.14% of the stock is currently owned by hedge funds and other institutional investors.

AON Stock Down 0.2 %

Shares of AON stock opened at $367.27 on Thursday. The company has a quick ratio of 2.05, a current ratio of 2.05 and a debt-to-equity ratio of 2.66. Aon plc has a twelve month low of $268.06 and a twelve month high of $395.33. The company has a market cap of $79.43 billion, a price-to-earnings ratio of 30.99, a price-to-earnings-growth ratio of 2.00 and a beta of 0.93. The company’s 50 day moving average is $367.82 and its 200 day moving average is $350.52.

AON Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, February 14th. Stockholders of record on Monday, February 3rd will be paid a $0.675 dividend. The ex-dividend date is Monday, February 3rd. This represents a $2.70 dividend on an annualized basis and a dividend yield of 0.74%. AON’s dividend payout ratio (DPR) is currently 22.78%.

Analysts Set New Price Targets

AON has been the topic of a number of research reports. Evercore ISI raised shares of AON from an “in-line” rating to an “outperform” rating and lifted their target price for the company from $407.00 to $420.00 in a research note on Wednesday, January 8th. Keefe, Bruyette & Woods decreased their target price on AON from $415.00 to $411.00 and set an “outperform” rating for the company in a research report on Friday, January 10th. Jefferies Financial Group lifted their price target on AON from $344.00 to $365.00 and gave the company a “hold” rating in a research report on Wednesday, October 9th. Barclays raised their price objective on AON from $394.00 to $440.00 and gave the company an “overweight” rating in a research report on Thursday, November 21st. Finally, JPMorgan Chase & Co. lifted their price target on shares of AON from $379.00 to $394.00 and gave the company an “overweight” rating in a research report on Friday, January 3rd. One research analyst has rated the stock with a sell rating, eight have given a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, AON currently has an average rating of “Hold” and an average target price of $370.87.

Insider Buying and Selling

In other AON news, COO Mindy F. Simon sold 650 shares of the business’s stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $394.34, for a total transaction of $256,321.00. Following the completion of the sale, the chief operating officer now directly owns 1,816 shares in the company, valued at $716,121.44. The trade was a 26.36 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Lisa Stevens sold 1,275 shares of the company’s stock in a transaction dated Tuesday, November 26th. The shares were sold at an average price of $387.68, for a total transaction of $494,292.00. Following the sale, the insider now directly owns 8,077 shares of the company’s stock, valued at $3,131,291.36. The trade was a 13.63 % decrease in their position. The disclosure for this sale can be found here. 1.30% of the stock is currently owned by corporate insiders.

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.