Aon plc (NYSE:AON) Shares Acquired by Everence Capital Management Inc.

Everence Capital Management Inc. lifted its position in Aon plc (NYSE:AON) by 109.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,370 shares of the financial services provider’s stock after purchasing an additional 2,810 shares during the quarter. Everence Capital Management Inc.’s holdings in AON were worth $1,929,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Valley Wealth Managers Inc. grew its position in shares of AON by 3.3% during the third quarter. Valley Wealth Managers Inc. now owns 886 shares of the financial services provider’s stock worth $307,000 after acquiring an additional 28 shares during the last quarter. CVA Family Office LLC grew its position in AON by 8.4% during the 3rd quarter. CVA Family Office LLC now owns 373 shares of the financial services provider’s stock worth $129,000 after purchasing an additional 29 shares during the last quarter. Amplius Wealth Advisors LLC increased its stake in AON by 2.4% in the third quarter. Amplius Wealth Advisors LLC now owns 1,331 shares of the financial services provider’s stock valued at $460,000 after purchasing an additional 31 shares during the period. Intellectus Partners LLC raised its holdings in shares of AON by 3.2% in the third quarter. Intellectus Partners LLC now owns 992 shares of the financial services provider’s stock valued at $343,000 after buying an additional 31 shares during the last quarter. Finally, waypoint wealth counsel grew its holdings in shares of AON by 3.6% during the third quarter. waypoint wealth counsel now owns 927 shares of the financial services provider’s stock worth $321,000 after buying an additional 32 shares during the last quarter. Institutional investors and hedge funds own 86.14% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have weighed in on the company. Bank of America increased their price objective on AON from $345.00 to $375.00 and gave the stock an “underperform” rating in a research report on Thursday, October 10th. TD Cowen lifted their price objective on shares of AON from $413.00 to $432.00 in a research report on Thursday, October 24th. Wells Fargo & Company upgraded shares of AON from an “underweight” rating to an “equal weight” rating and upped their price objective for the stock from $315.00 to $377.00 in a research report on Monday, October 28th. Barclays lifted their target price on shares of AON from $394.00 to $440.00 and gave the company an “overweight” rating in a report on Thursday, November 21st. Finally, Keefe, Bruyette & Woods raised their price objective on shares of AON from $385.00 to $415.00 and gave the company an “outperform” rating in a research report on Tuesday, October 29th. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, AON has an average rating of “Hold” and a consensus target price of $363.00.

Insider Buying and Selling at AON

In related news, COO Mindy F. Simon sold 650 shares of the firm’s stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $394.34, for a total transaction of $256,321.00. Following the sale, the chief operating officer now owns 1,816 shares in the company, valued at approximately $716,121.44. This trade represents a 26.36 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Lisa Stevens sold 1,275 shares of the business’s stock in a transaction on Tuesday, November 26th. The shares were sold at an average price of $387.68, for a total value of $494,292.00. Following the completion of the transaction, the insider now owns 8,077 shares of the company’s stock, valued at $3,131,291.36. This trade represents a 13.63 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.30% of the stock is owned by insiders.

AON Price Performance

Shares of NYSE AON opened at $353.98 on Friday. The company has a current ratio of 2.05, a quick ratio of 2.05 and a debt-to-equity ratio of 2.66. The stock has a market cap of $76.55 billion, a price-to-earnings ratio of 29.87, a PEG ratio of 2.27 and a beta of 0.93. The company’s 50-day moving average price is $372.46 and its 200 day moving average price is $344.00. Aon plc has a 52 week low of $268.06 and a 52 week high of $395.33.

AON Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Investors of record on Friday, November 1st were given a dividend of $0.675 per share. The ex-dividend date was Friday, November 1st. This represents a $2.70 annualized dividend and a dividend yield of 0.76%. AON’s dividend payout ratio is currently 22.78%.

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.