AON (AON) Expected to Announce Earnings on Friday

AON (NYSE:AON) is anticipated to issue its quarterly earnings data before the market opens on Friday, January 31st. Analysts expect the company to announce earnings of $4.25 per share and revenue of $4,205,536.36 billion for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

AON Trading Down 0.9 %

NYSE:AON opened at $364.00 on Friday. The stock has a fifty day moving average price of $367.82 and a 200 day moving average price of $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 has a 12-month low of $268.06 and a 12-month high of $395.33. The firm has a market cap of $78.72 billion, a PE ratio of 30.72, a price-to-earnings-growth ratio of 2.00 and a beta of 0.93.

AON Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 14th. Investors 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 0.74%. The ex-dividend date is Monday, February 3rd. AON’s payout ratio is 22.78%.

Insider Buying and Selling

In other AON news, insider Lisa Stevens sold 1,275 shares of the stock in a transaction dated Tuesday, November 26th. The shares were sold at an average price of $387.68, for a total transaction of $494,292.00. Following the sale, the insider now owns 8,077 shares of the company’s stock, valued at $3,131,291.36. This represents a 13.63 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO Mindy F. Simon sold 650 shares of the company’s stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of $394.34, for a total transaction of $256,321.00. Following the sale, the chief operating officer now owns 1,816 shares of the company’s stock, valued at $716,121.44. The trade was a 26.36 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.30% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on AON. Evercore ISI raised shares of AON from an “in-line” rating to an “outperform” rating and lifted their target price for the company from $407.00 to $420.00 in a report on Wednesday, January 8th. BMO Capital Markets increased their target price on shares of AON from $325.00 to $380.00 and gave the company a “market perform” rating in a report on Monday, November 4th. Jefferies Financial Group boosted their target price on AON from $344.00 to $365.00 and gave the stock a “hold” rating in a research report on Wednesday, October 9th. Barclays lifted their price target on AON from $394.00 to $440.00 and gave the stock an “overweight” rating in a research note on Thursday, November 21st. Finally, TD Cowen upped their price target on shares of AON from $413.00 to $432.00 in a report on Thursday, October 24th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $370.87.

About AON

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.