Kampmann Melissa S. Lowers Position in Aon plc (NYSE:AON)

Kampmann Melissa S. reduced its holdings in shares of Aon plc (NYSE:AON) by 7.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,220 shares of the financial services provider’s stock after selling 795 shares during the quarter. AON accounts for 2.6% of Kampmann Melissa S.’s portfolio, making the stock its 17th largest position. Kampmann Melissa S.’s holdings in AON were worth $3,311,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of AON. Empowered Funds LLC grew its stake in AON by 16.9% during the third quarter. Empowered Funds LLC now owns 3,855 shares of the financial services provider’s stock worth $1,334,000 after buying an additional 558 shares during the period. Pathstone Holdings LLC raised its holdings in AON by 3.2% in the third quarter. Pathstone Holdings LLC now owns 44,663 shares of the financial services provider’s stock valued at $15,453,000 after acquiring an additional 1,381 shares in the last quarter. Caprock Group LLC raised its holdings in AON by 8.7% in the third quarter. Caprock Group LLC now owns 3,930 shares of the financial services provider’s stock valued at $1,360,000 after acquiring an additional 316 shares in the last quarter. PNC Financial Services Group Inc. raised its holdings in AON by 0.4% in the third quarter. PNC Financial Services Group Inc. now owns 134,389 shares of the financial services provider’s stock valued at $46,497,000 after acquiring an additional 551 shares in the last quarter. Finally, Avior Wealth Management LLC increased its stake in AON by 23.1% during the third quarter. Avior Wealth Management LLC now owns 320 shares of the financial services provider’s stock valued at $111,000 after purchasing an additional 60 shares during the last quarter. 86.14% of the stock is currently owned by hedge funds and other institutional investors.

AON Stock Performance

Shares of AON opened at $390.70 on Thursday. The firm has a 50-day moving average price of $383.79 and a 200 day moving average price of $369.93. The firm has a market capitalization of $84.39 billion, a PE ratio of 30.86, a P/E/G ratio of 2.12 and a beta of 0.92. The company has a quick ratio of 1.40, a current ratio of 1.40 and a debt-to-equity ratio of 2.58. Aon plc has a 52-week low of $268.06 and a 52-week high of $412.97.

AON (NYSE:AON) last announced its earnings results on Friday, January 31st. The financial services provider reported $4.42 earnings per share (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 period last year, the firm posted $3.89 earnings per share. On average, sell-side analysts anticipate that Aon plc will post 17.21 earnings per share for the current fiscal year.

AON Announces Dividend

The firm 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. This represents a $2.70 dividend on an annualized basis and a yield of 0.69%. The ex-dividend date of this dividend was Monday, February 3rd. AON’s payout ratio is 21.33%.

Analysts Set New Price Targets

AON has been the subject of several recent research reports. Wells Fargo & Company boosted 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 boosted 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. Evercore ISI upgraded shares of AON from an “in-line” rating to an “outperform” rating and boosted their target price for the company from $407.00 to $420.00 in a research note on Wednesday, January 8th. Royal Bank of Canada boosted their target price on shares of AON from $390.00 to $400.00 and gave the company a “sector perform” rating in a research note on Monday, February 3rd. Finally, JPMorgan Chase & Co. upped their price target on shares of AON from $379.00 to $394.00 and gave the stock an “overweight” rating in a research report on Friday, January 3rd. One analyst has rated the stock with a sell rating, seven have issued a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, AON has a consensus rating of “Hold” and a consensus price target 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.