Mesirow Financial Investment Management Inc. Has $2.05 Million Stock Holdings in Aon plc (NYSE:AON)

Mesirow Financial Investment Management Inc. decreased its stake in shares of Aon plc (NYSE:AON) by 5.1% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,695 shares of the financial services provider’s stock after selling 308 shares during the quarter. Mesirow Financial Investment Management Inc.’s holdings in AON were worth $2,046,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Farther Finance Advisors LLC raised its position in AON by 19.7% during the third quarter. Farther Finance Advisors LLC now owns 936 shares of the financial services provider’s stock worth $324,000 after acquiring an additional 154 shares in the last quarter. QRG Capital Management Inc. raised its holdings in shares of AON by 4.3% in the 3rd quarter. QRG Capital Management Inc. now owns 6,476 shares of the financial services provider’s stock valued at $2,241,000 after purchasing an additional 269 shares during the period. Avidian Wealth Enterprises LLC lifted its stake in AON by 2.2% in the 3rd quarter. Avidian Wealth Enterprises LLC now owns 1,552 shares of the financial services provider’s stock valued at $537,000 after purchasing an additional 34 shares during the last quarter. Graypoint LLC grew its holdings in AON by 51.4% during the third quarter. Graypoint LLC now owns 1,400 shares of the financial services provider’s stock worth $484,000 after purchasing an additional 475 shares during the period. Finally, Portside Wealth Group LLC increased its position in AON by 10.8% during the third quarter. Portside Wealth Group LLC now owns 1,782 shares of the financial services provider’s stock worth $617,000 after buying an additional 174 shares during the last quarter. Institutional investors own 86.14% of the company’s stock.

AON Trading Up 0.3 %

Shares of NYSE:AON opened at $402.94 on Friday. The company has a market capitalization of $87.03 billion, a P/E ratio of 31.83, a P/E/G ratio of 2.12 and a beta of 0.92. The company has a debt-to-equity ratio of 2.58, a current ratio of 1.40 and a quick ratio of 1.40. The business’s 50 day simple moving average is $377.28 and its 200 day simple moving average is $366.64. Aon plc has a 1 year low of $268.06 and a 1 year high of $412.97.

AON (NYSE:AON) last released its earnings results on Friday, January 31st. The financial services provider reported $4.42 earnings per share (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 last year, the company posted $3.89 EPS. On average, research analysts anticipate that Aon plc will post 17.21 EPS for the current fiscal year.

AON Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 14th. Investors of record on Monday, February 3rd were paid a $0.675 dividend. The ex-dividend date of this dividend was Monday, February 3rd. This represents a $2.70 dividend on an annualized basis and a yield of 0.67%. AON’s dividend payout ratio (DPR) is 21.33%.

Analyst Ratings Changes

Several research analysts have recently commented on AON shares. Royal Bank of Canada lifted their target price on AON from $390.00 to $400.00 and gave the stock a “sector perform” rating in a research note on Monday, February 3rd. JPMorgan Chase & Co. lifted their price objective on shares of AON from $379.00 to $394.00 and gave the stock an “overweight” rating in a research report on Friday, January 3rd. Wells Fargo & Company raised their target price on shares of AON from $410.00 to $445.00 and gave the stock an “overweight” rating in a research note on Monday, February 3rd. Piper Sandler lifted their target price on shares of AON from $372.00 to $384.00 and gave the stock a “neutral” rating in a report on Monday, February 3rd. Finally, Barclays increased their price target on shares of AON from $394.00 to $440.00 and gave the company an “overweight” rating in a report on Thursday, November 21st. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, AON currently has an average rating of “Hold” and an average price target of $386.21.

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.