U.S. Capital Wealth Advisors LLC Buys 33 Shares of Aon plc (NYSE:AON)

U.S. Capital Wealth Advisors LLC grew its stake in Aon plc (NYSE:AON) by 0.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,692 shares of the financial services provider’s stock after purchasing an additional 33 shares during the quarter. U.S. Capital Wealth Advisors LLC’s holdings in AON were worth $1,326,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of AON. Diamond Hill Capital Management Inc. bought a new stake in AON during the third quarter worth $336,375,000. Veritas Asset Management LLP lifted its holdings in AON by 41.6% during the third quarter. Veritas Asset Management LLP now owns 3,010,557 shares of the financial services provider’s stock worth $1,041,623,000 after acquiring an additional 883,761 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in AON by 334.9% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,050,537 shares of the financial services provider’s stock worth $363,475,000 after acquiring an additional 808,990 shares during the period. International Assets Investment Management LLC bought a new stake in AON during the third quarter worth $906,040,000. Finally, Accredited Investors Inc. lifted its holdings in AON by 5,694.5% during the third quarter. Accredited Investors Inc. now owns 242,442 shares of the financial services provider’s stock worth $83,883,000 after acquiring an additional 238,258 shares during the period. Institutional investors own 86.14% of the company’s stock.

Insiders Place Their Bets

In other AON news, insider Lisa Stevens sold 1,275 shares of AON 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 sale, the insider now owns 8,077 shares of the company’s stock, valued at $3,131,291.36. The trade was a 13.63 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, COO Mindy F. Simon sold 650 shares of AON stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $394.34, for a total value of $256,321.00. Following the sale, the chief operating officer now directly owns 1,816 shares of the company’s stock, valued at approximately $716,121.44. This trade represents a 26.36 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.30% of the company’s stock.

AON Price Performance

AON stock opened at $377.95 on Wednesday. Aon plc has a 52 week low of $268.06 and a 52 week high of $395.33. The business has a 50-day simple moving average of $366.06 and a 200 day simple moving average of $355.03. The company has a quick ratio of 2.05, a current ratio of 1.40 and a debt-to-equity ratio of 2.58. The stock has a market cap of $81.74 billion, a price-to-earnings ratio of 29.85, a PEG ratio of 2.02 and a beta of 0.93.

AON (NYSE:AON) last posted its earnings results on Friday, January 31st. The financial services provider reported $4.42 EPS for the quarter, topping 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 in the previous year, the business earned $3.89 earnings per share. On average, research analysts forecast that Aon plc will post 17.39 earnings per share for the current fiscal year.

AON Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, February 14th. Shareholders of record on Monday, February 3rd will be paid a dividend of $0.675 per share. This represents a $2.70 annualized dividend and a yield of 0.71%. The ex-dividend date is 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 research reports. Keefe, Bruyette & Woods lowered their target price on AON from $415.00 to $411.00 and set an “outperform” rating on the stock in a research note on Friday, January 10th. Evercore ISI upgraded AON from an “in-line” rating to an “outperform” rating and boosted their target price for the company from $407.00 to $420.00 in a research note on Wednesday, January 8th. Barclays boosted their target price on AON from $394.00 to $440.00 and gave the company an “overweight” rating in a research note on Thursday, November 21st. TD Cowen boosted their target price on AON from $413.00 to $432.00 in a research note on Thursday, October 24th. Finally, BMO Capital Markets boosted their target price on AON from $325.00 to $380.00 and gave the company a “market perform” rating in a research note on Monday, November 4th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $380.80.

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.