Aon plc (NYSE:AON) Shares Purchased by Caprock Group LLC

Caprock Group LLC grew its holdings in shares of Aon plc (NYSE:AON) by 20.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,721 shares of the financial services provider’s stock after purchasing an additional 791 shares during the period. Caprock Group LLC’s holdings in AON were worth $1,696,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Endeavor Private Wealth Inc. bought a new position in shares of AON in the fourth quarter valued at $29,000. Anchor Investment Management LLC raised its position in shares of AON by 1,162.5% during the third quarter. Anchor Investment Management LLC now owns 101 shares of the financial services provider’s stock worth $35,000 after purchasing an additional 93 shares during the period. First Personal Financial Services acquired a new position in shares of AON in the 3rd quarter valued at $37,000. R Squared Ltd purchased a new position in AON in the 4th quarter worth about $43,000. Finally, RPg Family Wealth Advisory LLC purchased a new stake in AON during the third quarter valued at about $42,000. Institutional investors and hedge funds own 86.14% of the company’s stock.

AON Price Performance

Shares of NYSE:AON opened at $371.39 on Monday. The stock has a market capitalization of $80.32 billion, a P/E ratio of 31.34, a P/E/G ratio of 2.00 and a beta of 0.93. The business has a 50-day moving average of $366.35 and a two-hundred day moving average of $354.12. Aon plc has a fifty-two week low of $268.06 and a fifty-two week high of $395.33. The company has a debt-to-equity ratio of 2.66, a current ratio of 2.05 and a quick ratio of 2.05.

AON (NYSE:AON) last announced its earnings results on Friday, January 31st. The financial services provider reported $4.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.25 by $0.17. AON had a return on equity of 107.43% and a net margin of 16.32%. During the same quarter in the previous year, the company earned $3.89 earnings per share. On average, equities research analysts predict that Aon plc will post 15.43 EPS for the current fiscal year.

AON Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, February 14th. Investors of record on Monday, February 3rd will be issued a $0.675 dividend. The ex-dividend date of this dividend is Monday, February 3rd. This represents a $2.70 annualized dividend and a yield of 0.73%. AON’s dividend payout ratio (DPR) is presently 22.78%.

Insiders Place Their Bets

In related news, COO Mindy F. Simon sold 650 shares of the firm’s stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $394.34, for a total transaction of $256,321.00. Following the completion of the sale, the chief operating officer now directly owns 1,816 shares of the company’s stock, valued at $716,121.44. This trade represents a 26.36 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Lisa Stevens sold 1,275 shares of the business’s stock in a transaction dated 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 transaction, the insider now directly owns 8,077 shares of the company’s stock, valued at approximately $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. Company insiders own 1.30% of the company’s stock.

Wall Street Analysts Forecast Growth

AON has been the topic of a number of recent analyst reports. Bank of America boosted their price target on shares of AON from $345.00 to $375.00 and gave the company an “underperform” rating in a report on Thursday, October 10th. Evercore ISI upgraded AON from an “in-line” rating to an “outperform” rating and increased their target price for the company from $407.00 to $420.00 in a report on Wednesday, January 8th. BMO Capital Markets lifted their price target on AON from $325.00 to $380.00 and gave the company a “market perform” rating in a report on Monday, November 4th. TD Cowen increased their price objective on AON from $413.00 to $432.00 in a research note on Thursday, October 24th. Finally, Jefferies Financial Group upped their target price on AON from $344.00 to $365.00 and gave the company a “hold” rating in a report on Wednesday, October 9th. One analyst has rated the stock with a sell rating, eight have given a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, AON has a consensus rating of “Hold” and a consensus price target of $370.87.

AON 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.