Aon plc (NYSE:AON) Stock Holdings Boosted by Meeder Advisory Services Inc.

Meeder Advisory Services Inc. raised its position in shares of Aon plc (NYSE:AON) by 1.6% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,023 shares of the financial services provider’s stock after purchasing an additional 64 shares during the period. Meeder Advisory Services Inc.’s holdings in AON were worth $1,445,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of AON. Charles Schwab Investment Management Inc. grew its holdings in AON by 2.6% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,237,784 shares of the financial services provider’s stock worth $444,563,000 after buying an additional 31,021 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in AON by 27.7% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 96,548 shares of the financial services provider’s stock worth $34,676,000 after purchasing an additional 20,942 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd increased its stake in AON by 5.8% during the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 26,533 shares of the financial services provider’s stock valued at $9,530,000 after buying an additional 1,451 shares during the period. Proficio Capital Partners LLC raised its position in shares of AON by 43,000.8% during the 4th quarter. Proficio Capital Partners LLC now owns 390,924 shares of the financial services provider’s stock worth $140,404,000 after buying an additional 390,017 shares in the last quarter. Finally, State Street Corp lifted its stake in shares of AON by 0.4% in the 3rd quarter. State Street Corp now owns 8,844,121 shares of the financial services provider’s stock worth $3,059,977,000 after acquiring an additional 32,417 shares during the period. Institutional investors own 86.14% of the company’s stock.

AON Trading Down 0.7 %

NYSE AON opened at $396.11 on Thursday. The firm’s 50 day moving average price is $390.57 and its two-hundred day moving average price is $373.27. The company has a debt-to-equity ratio of 2.58, a quick ratio of 1.40 and a current ratio of 1.40. Aon plc has a twelve month low of $268.06 and a twelve month high of $412.97. The stock has a market cap of $85.56 billion, a price-to-earnings ratio of 31.29, a PEG ratio of 2.12 and a beta of 0.92.

AON (NYSE:AON) last posted its quarterly earnings results on Friday, January 31st. The financial services provider reported $4.42 earnings per share for the quarter, beating the consensus estimate 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 last year, the business earned $3.89 EPS. Equities analysts anticipate that Aon plc will post 17.21 EPS for the current year.

AON Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 14th. Shareholders of record on Monday, February 3rd were paid a dividend of $0.675 per share. This represents a $2.70 dividend on an annualized basis and a dividend yield of 0.68%. The ex-dividend date was Monday, February 3rd. AON’s dividend payout ratio (DPR) is currently 21.33%.

Wall Street Analyst Weigh In

AON has been the topic of several recent analyst reports. Piper Sandler boosted their target price on AON from $372.00 to $384.00 and gave the stock a “neutral” rating in a report on Monday, February 3rd. JPMorgan Chase & Co. upped their price objective on AON from $379.00 to $394.00 and gave the company an “overweight” rating in a report on Friday, January 3rd. Redburn Atlantic raised AON to a “hold” rating in a report on Tuesday, March 25th. Royal Bank of Canada upped their price target on shares of AON from $390.00 to $400.00 and gave the company a “sector perform” rating in a report on Monday, February 3rd. Finally, Keefe, Bruyette & Woods increased their target price on shares of AON from $411.00 to $414.00 and gave the company an “outperform” rating in a research note on Wednesday, February 5th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat, AON presently has a consensus rating of “Hold” and a consensus price target of $386.21.

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.