FSM Wealth Advisors LLC Has $251,000 Stock Position in Aon plc (NYSE:AON)

FSM Wealth Advisors LLC boosted its stake in Aon plc (NYSE:AON) by 6.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 682 shares of the financial services provider’s stock after purchasing an additional 39 shares during the quarter. FSM Wealth Advisors LLC’s holdings in AON were worth $251,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of AON. Endeavor Private Wealth Inc. acquired a new position in shares of AON in the fourth quarter valued at approximately $29,000. Richardson Financial Services Inc. raised its stake in AON by 2,025.0% in 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 period. Anchor Investment Management LLC lifted its holdings in AON by 1,162.5% during the 3rd quarter. Anchor Investment Management LLC now owns 101 shares of the financial services provider’s stock valued at $35,000 after purchasing an additional 93 shares during the last quarter. First Personal Financial Services acquired a new position in AON in the 3rd quarter valued at about $37,000. Finally, RPg Family Wealth Advisory LLC acquired a new stake in AON during the 3rd quarter worth approximately $42,000. Institutional investors and hedge funds own 86.14% of the company’s stock.

AON Stock Up 1.2 %

AON stock opened at $375.29 on Tuesday. Aon plc has a 1-year low of $268.06 and a 1-year high of $395.33. The firm has a market capitalization of $81.16 billion, a price-to-earnings ratio of 29.64, a P/E/G ratio of 2.02 and a beta of 0.93. The company has a current ratio of 1.40, a quick ratio of 2.05 and a debt-to-equity ratio of 2.58. The firm has a 50 day simple moving average of $366.35 and a 200 day simple moving average of $354.50.

AON (NYSE:AON) last released its quarterly earnings results on Friday, January 31st. The financial services provider reported $4.42 EPS for the quarter, topping analysts’ consensus estimates of $4.25 by $0.17. AON had a net margin of 16.91% and a return on equity of 70.84%. During the same period in the previous year, the firm posted $3.89 earnings per share. On average, analysts predict that Aon plc will post 17.39 earnings per share for the current year.

AON Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 14th. Stockholders of record on Monday, February 3rd will be paid a $0.675 dividend. The ex-dividend date of this dividend is Monday, February 3rd. This represents a $2.70 dividend on an annualized basis and a dividend yield of 0.72%. AON’s dividend payout ratio (DPR) is 21.33%.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on AON. Barclays increased their target price on shares of AON from $394.00 to $440.00 and gave the stock an “overweight” rating in a research report on Thursday, November 21st. Wells Fargo & Company raised their price objective on AON from $410.00 to $445.00 and gave the company an “overweight” rating in a report on Monday. Jefferies Financial Group increased their price target on AON from $344.00 to $365.00 and gave the company a “hold” rating in a research note on Wednesday, October 9th. Keefe, Bruyette & Woods reduced their target price on AON from $415.00 to $411.00 and set an “outperform” rating for the company in a research note on Friday, January 10th. Finally, Bank of America upped their target price on shares of AON from $345.00 to $375.00 and gave the stock an “underperform” rating in a report on Thursday, October 10th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $380.80.

Insider Transactions at AON

In other news, COO Mindy F. Simon sold 650 shares of the firm’s stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $394.34, for a total value 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 approximately $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 accessible through the SEC website. Also, insider Lisa Stevens sold 1,275 shares of AON stock in a transaction that occurred on Tuesday, November 26th. The shares were sold at an average price of $387.68, for a total value of $494,292.00. Following the sale, the insider now directly owns 8,077 shares in the company, valued at approximately $3,131,291.36. The trade was 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.

AON Company 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.