Aon PLC (NYSE:AON) CEO Eric Andersen sold 10,000 shares of the firm’s stock in a transaction dated Tuesday, November 14th. The stock was sold at an average price of $143.52, for a total transaction of $1,435,200.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.
Shares of Aon PLC (NYSE:AON) traded down $1.55 during mid-day trading on Thursday, hitting $141.28. 1,026,900 shares of the company were exchanged, compared to its average volume of 1,077,641. The company has a quick ratio of 2.35, a current ratio of 2.35 and a debt-to-equity ratio of 1.08. The firm has a market capitalization of $35,690.00, a PE ratio of 21.26, a P/E/G ratio of 1.87 and a beta of 1.06. Aon PLC has a 52-week low of $109.82 and a 52-week high of $152.78.
Aon PLC (NYSE:AON) last announced its quarterly earnings data on Friday, October 27th. The financial services provider reported $1.29 earnings per share for the quarter, beating analysts’ consensus estimates of $1.28 by $0.01. The firm had revenue of $2.34 billion during the quarter, compared to analysts’ expectations of $2.29 billion. Aon PLC had a net margin of 16.78% and a return on equity of 32.71%. The business’s quarterly revenue was up 6.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.29 earnings per share. equities analysts forecast that Aon PLC will post 6.53 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 15th. Investors of record on Wednesday, November 1st were issued a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.02%. The ex-dividend date was Tuesday, October 31st. Aon PLC’s dividend payout ratio (DPR) is currently 37.60%.
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Several hedge funds have recently made changes to their positions in AON. Parallel Advisors LLC grew its holdings in shares of Aon PLC by 16.7% in the second quarter. Parallel Advisors LLC now owns 740 shares of the financial services provider’s stock valued at $102,000 after purchasing an additional 106 shares in the last quarter. Valeo Financial Advisors LLC acquired a new position in shares of Aon PLC in the third quarter valued at approximately $105,000. Fiduciary Trust Co. acquired a new position in shares of Aon PLC in the second quarter valued at approximately $108,000. Magellan Asset Management Ltd grew its holdings in shares of Aon PLC by 110.2% in the second quarter. Magellan Asset Management Ltd now owns 847 shares of the financial services provider’s stock valued at $113,000 after purchasing an additional 444 shares in the last quarter. Finally, Fieldpoint Private Securities LLC acquired a new position in shares of Aon PLC in the third quarter valued at approximately $121,000. Hedge funds and other institutional investors own 88.46% of the company’s stock.
AON has been the subject of several recent analyst reports. Jefferies Group LLC restated a “buy” rating and set a $162.00 price objective (up from $146.00) on shares of Aon PLC in a research report on Monday, July 24th. BidaskClub cut shares of Aon PLC from a “strong-buy” rating to a “buy” rating in a research report on Monday, July 31st. Wells Fargo & Company restated a “hold” rating on shares of Aon PLC in a research report on Friday, August 4th. Royal Bank Of Canada restated a “hold” rating and set a $143.00 price objective on shares of Aon PLC in a research report on Sunday, August 6th. Finally, Citigroup Inc. raised their price objective on shares of Aon PLC from $155.00 to $159.00 and gave the stock a “buy” rating in a research report on Monday, August 7th. One equities research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and four have assigned a buy rating to the company’s stock. Aon PLC currently has a consensus rating of “Hold” and a consensus price target of $144.42.
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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