O Shaughnessy Asset Management LLC Purchases 1,986 Shares of Aon plc (NYSE:AON)

O Shaughnessy Asset Management LLC grew its holdings in Aon plc (NYSE:AON) by 8.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 24,955 shares of the financial services provider’s stock after purchasing an additional 1,986 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in AON were worth $8,963,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in AON. FMR LLC boosted its holdings in shares of AON by 38.5% during the 3rd quarter. FMR LLC now owns 628,956 shares of the financial services provider’s stock worth $217,612,000 after buying an additional 174,838 shares in the last quarter. Captrust Financial Advisors boosted its stake in AON by 11.2% during the third quarter. Captrust Financial Advisors now owns 23,056 shares of the financial services provider’s stock worth $7,977,000 after acquiring an additional 2,315 shares in the last quarter. Edgestream Partners L.P. grew its holdings in AON by 67.9% in the third quarter. Edgestream Partners L.P. now owns 1,400 shares of the financial services provider’s stock worth $484,000 after purchasing an additional 566 shares during the period. Atom Investors LP bought a new stake in AON in the third quarter valued at $362,000. Finally, Benjamin Edwards Inc. acquired a new position in shares of AON during the third quarter valued at about $224,000. Institutional investors own 86.14% of the company’s stock.

AON Trading Up 1.0 %

NYSE:AON opened at $398.63 on Tuesday. Aon plc has a 12 month low of $268.06 and a 12 month 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. The firm’s 50 day moving average is $389.38 and its 200 day moving average is $372.75. The stock has a market capitalization of $86.10 billion, a PE ratio of 31.49, 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 EPS for the quarter, beating 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 previous year, the firm posted $3.89 EPS. Sell-side analysts expect that Aon plc will post 17.21 earnings per share for the current year.

AON Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, February 14th. Stockholders 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 dividend yield of 0.68%. AON’s payout ratio is 21.33%.

Analysts Set New Price Targets

A number of research analysts recently weighed in on AON shares. JPMorgan Chase & Co. upped their price target on AON from $379.00 to $394.00 and gave the stock an “overweight” rating in a research note on Friday, January 3rd. Royal Bank of Canada increased their target price on AON from $390.00 to $400.00 and gave the stock a “sector perform” rating in a report on Monday, February 3rd. Evercore ISI upgraded shares of AON from an “in-line” rating to an “outperform” rating and boosted their price target for the company from $407.00 to $420.00 in a research note on Wednesday, January 8th. Wells Fargo & Company raised their price objective 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. Finally, Redburn Atlantic raised shares of AON to a “hold” rating in a research report on Tuesday, March 25th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $386.21.

About AON

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.