AON (AON) – Investment Analysts’ Weekly Ratings Updates

Posted by Caroline Horne on Jan 23rd, 2025

Several brokerages have updated their recommendations and price targets on shares of AON (NYSE: AON) in the last few weeks:

1/14/2025 – AON was upgraded by analysts at Wells Fargo & Company from an “equal weight” rating to an “overweight” rating. They now have a $410.00 price target on the stock, up previously from $377.00.
1/10/2025 – AON had its price target lowered by analysts at Keefe, Bruyette & Woods from $415.00 to $411.00. They now have an “outperform” rating on the stock.
1/8/2025 – AON was upgraded by analysts at Evercore ISI from an “in-line” rating to an “outperform” rating. They now have a $420.00 price target on the stock, up previously from $407.00.
1/3/2025 – AON had its price target raised by analysts at JPMorgan Chase & Co. from $379.00 to $394.00. They now have an “overweight” rating on the stock.

AON Stock Performance

AON stock opened at $367.27 on Thursday. The firm’s 50 day simple moving average is $367.82 and its 200 day simple moving average is $350.52. The company has a current ratio of 2.05, a quick ratio of 2.05 and a debt-to-equity ratio of 2.66. Aon plc has a 1-year low of $268.06 and a 1-year high of $395.33. The firm has a market capitalization of $79.43 billion, a PE ratio of 30.99, a price-to-earnings-growth ratio of 2.00 and a beta of 0.93.

AON Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, February 14th. Shareholders of record on Monday, February 3rd will be given a dividend of $0.675 per share. The ex-dividend date is Monday, February 3rd. This represents a $2.70 annualized dividend and a yield of 0.74%. AON’s payout ratio is presently 22.78%.

Insiders Place Their Bets

In other news, COO Mindy F. Simon sold 650 shares of the business’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 value of $256,321.00. Following the completion of the sale, the chief operating officer now directly owns 1,816 shares in the company, valued at approximately $716,121.44. The trade was a 26.36 % decrease in their position. The sale was disclosed in a legal filing with the SEC, 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 stock was sold at an average price of $387.68, for a total transaction of $494,292.00. Following the completion of the sale, the insider now directly owns 8,077 shares of the company’s stock, valued at $3,131,291.36. This represents a 13.63 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.30% of the company’s stock.

Institutional Trading of AON

Several large investors have recently modified their holdings of the business. Diamond Hill Capital Management Inc. bought a new position in AON in the third quarter worth about $336,375,000. Vontobel Holding Ltd. raised its position in shares of AON by 150.4% in the 3rd quarter. Vontobel Holding Ltd. now owns 96,321 shares of the financial services provider’s stock worth $33,326,000 after acquiring an additional 57,847 shares in the last quarter. 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 valued at $3,059,977,000 after purchasing an additional 32,417 shares during the period. Nomura Asset Management Co. Ltd. grew its stake in AON by 13.8% in the third quarter. Nomura Asset Management Co. Ltd. now owns 165,741 shares of the financial services provider’s stock worth $57,345,000 after purchasing an additional 20,084 shares during the period. Finally, Retireful LLC bought a new position in AON in the third quarter worth $759,000. 86.14% of the stock is owned by institutional investors.

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.