A number of other analysts have also weighed in on AON. Credit Suisse Group lowered shares of Aon PLC to a sell rating and set a $115.00 price target for the company. in a report on Saturday. Barclays PLC reissued a hold rating and issued a $110.00 price target on shares of Aon PLC in a report on Monday, January 9th. Langen Mcalenn reissued a buy rating on shares of Aon PLC in a report on Friday, December 30th. Zacks Investment Research raised shares of Aon PLC from a sell rating to a hold rating in a report on Tuesday, November 8th. Finally, Royal Bank Of Canada lowered shares of Aon PLC from an outperform rating to a sector perform rating in a report on Monday, October 31st. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and six have assigned a buy rating to the company’s stock. The company currently has a consensus rating of Hold and a consensus target price of $118.55.
Aon PLC (NYSE:AON) traded up 0.22% on Monday, hitting $115.85. The company had a trading volume of 114,524 shares. The firm’s 50 day moving average price is $113.00 and its 200 day moving average price is $111.44. The stock has a market cap of $30.77 billion, a P/E ratio of 22.45 and a beta of 1.01. Aon PLC has a 12-month low of $92.88 and a 12-month high of $117.76.
Aon PLC (NYSE:AON) last posted its quarterly earnings data on Friday, February 10th. The company reported $2.56 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $2.49 by $0.07. The company earned $3.30 billion during the quarter, compared to analyst estimates of $3.41 billion. Aon PLC had a net margin of 12.01% and a return on equity of 32.46%. The company’s revenue was up 1.1% on a year-over-year basis. During the same quarter last year, the business posted $2.27 earnings per share. Equities analysts predict that Aon PLC will post $6.97 earnings per share for the current fiscal year.
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The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 15th. Stockholders of record on Wednesday, February 1st will be paid a dividend of $0.33 per share. The ex-dividend date is Monday, January 30th. This represents a $1.32 annualized dividend and a dividend yield of 1.14%. Aon PLC’s dividend payout ratio is presently 25.53%.
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Boston Partners raised its position in Aon PLC by 2.4% in the third quarter. Boston Partners now owns 5,704,186 shares of the company’s stock valued at $641,664,000 after buying an additional 135,896 shares in the last quarter. Tesco Pension Investment Ltd purchased a new position in Aon PLC during the third quarter valued at $184,311,000. Diversified Trust Co raised its position in Aon PLC by 1.5% in the third quarter. Diversified Trust Co now owns 20,733 shares of the company’s stock valued at $2,332,000 after buying an additional 300 shares in the last quarter. Canada Pension Plan Investment Board raised its position in Aon PLC by 235.2% in the second quarter. Canada Pension Plan Investment Board now owns 271,564 shares of the company’s stock valued at $29,663,000 after buying an additional 190,554 shares in the last quarter. Finally, CIBC Asset Management Inc raised its position in Aon PLC by 99.6% in the third quarter. CIBC Asset Management Inc now owns 116,512 shares of the company’s stock valued at $13,107,000 after buying an additional 58,144 shares in the last quarter. Institutional investors own 83.61% of the company’s stock.
About Aon PLC
Aon plc (Aon) is a global provider of risk management services, insurance and reinsurance brokerage, and human resource consulting and outsourcing, delivering distinctive client value via risk management and workforce productivity solutions. The Company operates in two segments: Risk Solutions and Human Resource (HR) Solutions.
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