597 Shares in Aon plc (NYSE:AON) Purchased by Fisher Asset Management LLC

Fisher Asset Management LLC bought a new position in Aon plc (NYSE:AON) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 597 shares of the financial services provider’s stock, valued at approximately $215,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Endeavor Private Wealth Inc. bought a new position in shares of AON during the fourth quarter valued at approximately $29,000. Richardson Financial Services Inc. grew its stake in shares of AON by 2,025.0% during the fourth quarter. Richardson Financial Services Inc. now owns 85 shares of the financial services provider’s stock valued at $30,000 after buying an additional 81 shares during the last quarter. Anchor Investment Management LLC grew its stake in AON by 1,162.5% in 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 in the last quarter. First Personal Financial Services bought a new position in AON in the third quarter worth approximately $37,000. Finally, Centricity Wealth Management LLC bought a new position in AON in the fourth quarter worth approximately $39,000. 86.14% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the company. Keefe, Bruyette & Woods increased their price objective on AON from $411.00 to $414.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 5th. Piper Sandler increased their target price on AON from $372.00 to $384.00 and gave the company a “neutral” rating in a research report on Monday, February 3rd. Wells Fargo & Company increased their target price on AON from $410.00 to $445.00 and gave the company an “overweight” rating in a research report on Monday, February 3rd. JPMorgan Chase & Co. increased their target price on AON from $379.00 to $394.00 and gave the company an “overweight” rating in a research report on Friday, January 3rd. Finally, Barclays increased their price objective on AON from $394.00 to $440.00 and gave the company an “overweight” rating in a report on Thursday, November 21st. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have issued a buy rating to the stock. According to MarketBeat, AON has an average rating of “Hold” and a consensus target price of $386.21.

AON Stock Performance

Shares of AON stock opened at $402.94 on Friday. The firm has a market capitalization of $87.03 billion, a price-to-earnings ratio of 31.83, a price-to-earnings-growth 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 has a fifty day moving average of $377.28 and a 200 day moving average of $366.85. Aon plc has a 1 year low of $268.06 and a 1 year high of $412.97.

AON (NYSE:AON) last issued 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 70.84% and a net margin of 16.91%. During the same period last year, the business posted $3.89 earnings per share. As a group, research analysts expect that Aon plc will post 17.21 earnings per share for the current year.

AON Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, February 14th. Shareholders of record on Monday, February 3rd were given a dividend of $0.675 per share. This represents a $2.70 annualized dividend and a yield of 0.67%. The ex-dividend date was Monday, February 3rd. AON’s dividend payout ratio is currently 21.33%.

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.