Diversified Trust Co boosted its position in Aon plc (NYSE:AON – Free Report) by 15.1% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 12,733 shares of the financial services provider’s stock after acquiring an additional 1,666 shares during the quarter. Diversified Trust Co’s holdings in AON were worth $4,249,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors have also added to or reduced their stakes in the company. Capital International Investors increased its stake in AON by 0.4% in the fourth quarter. Capital International Investors now owns 5,524,730 shares of the financial services provider’s stock valued at $1,607,519,000 after acquiring an additional 22,346 shares during the last quarter. Lazard Asset Management LLC boosted its position in AON by 1.1% during the third quarter. Lazard Asset Management LLC now owns 4,479,652 shares of the financial services provider’s stock valued at $1,452,390,000 after buying an additional 50,290 shares during the period. Mackenzie Financial Corp boosted its position in AON by 8.3% during the fourth quarter. Mackenzie Financial Corp now owns 2,331,132 shares of the financial services provider’s stock valued at $678,406,000 after buying an additional 179,238 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. boosted its position in AON by 14.2% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,472,309 shares of the financial services provider’s stock valued at $428,280,000 after buying an additional 182,688 shares during the period. Finally, Norges Bank purchased a new stake in AON during the fourth quarter valued at about $423,030,000. Institutional investors own 86.14% of the company’s stock.
Insider Buying and Selling
In other AON news, Director Lester B. Knight bought 10,000 shares of the firm’s stock in a transaction on Friday, May 3rd. The stock was acquired at an average price of $276.61 per share, with a total value of $2,766,100.00. Following the completion of the purchase, the director now owns 139,000 shares of the company’s stock, valued at $38,448,790. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website. 1.15% of the stock is owned by insiders.
Wall Street Analyst Weigh In
Check Out Our Latest Stock Report on AON
AON Price Performance
AON stock traded up $1.14 during trading on Monday, reaching $294.72. The company had a trading volume of 214,776 shares, compared to its average volume of 1,303,717. Aon plc has a 52 week low of $268.06 and a 52 week high of $344.68. The company has a market cap of $64.08 billion, a P/E ratio of 23.01, a PEG ratio of 1.94 and a beta of 0.91. The business has a 50 day moving average of $289.64 and a 200 day moving average of $302.36.
AON (NYSE:AON – Get Free Report) last released its quarterly earnings results on Friday, April 26th. The financial services provider reported $5.66 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $5.86 by ($0.20). AON had a negative return on equity of 1,083.00% and a net margin of 19.04%. The company had revenue of $4.07 billion during the quarter, compared to the consensus estimate of $4.14 billion. During the same period in the previous year, the company earned $5.17 earnings per share. AON’s quarterly revenue was up 5.1% on a year-over-year basis. Research analysts expect that Aon plc will post 15.48 earnings per share for the current year.
AON Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Wednesday, May 15th. Investors of record on Wednesday, May 1st were paid a $0.675 dividend. This is an increase from AON’s previous quarterly dividend of $0.62. This represents a $2.70 dividend on an annualized basis and a yield of 0.92%. The ex-dividend date of this dividend was Tuesday, April 30th. AON’s dividend payout ratio is presently 21.16%.
AON Profile
Aon plc, a professional services firm, provides a range of risk and human capital solutions worldwide. It offers commercial risk solutions, including retail brokerage, specialty solutions, global risk consulting and captives management, and affinity programs; and health solutions, such as health and benefits brokerages, and health care exchanges.
Further Reading
- Five stocks we like better than AON
- How to invest in marijuana stocks in 7 stepsĀ
- These Top 3 Banks Raise Dividends After Passing Fed Stress Test
- 3 Best Fintech Stocks for a Portfolio Boost
- Hitch a Ride with Lyft Stock for Double-Digit Gains in 2nd Half
- How to Know if a Stock Pays Dividends and When They Are Paid Out
- Eli Lilly Stock Up: GLP-1 Zepbound Targets Sleep Apnea Market
Want to see what other hedge funds are holding AON? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Aon plc (NYSE:AON – Free Report).
Receive News & Ratings for AON Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AON and related companies with MarketBeat.com's FREE daily email newsletter.