Aon plc (NYSE:AON) Shares Sold by Stanley Laman Group Ltd.

Stanley Laman Group Ltd. reduced its position in Aon plc (NYSE:AON) by 0.9% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 12,332 shares of the financial services provider’s stock after selling 106 shares during the quarter. Stanley Laman Group Ltd.’s holdings in AON were worth $4,429,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of AON. Valley Wealth Managers Inc. grew its stake in shares of AON by 3.3% during the 3rd quarter. Valley Wealth Managers Inc. now owns 886 shares of the financial services provider’s stock worth $307,000 after purchasing an additional 28 shares during the period. Amplius Wealth Advisors LLC grew its stake in shares of AON by 2.4% during the 3rd quarter. Amplius Wealth Advisors LLC now owns 1,331 shares of the financial services provider’s stock worth $460,000 after purchasing an additional 31 shares during the period. Intellectus Partners LLC grew its stake in shares of AON by 3.2% during the 3rd quarter. Intellectus Partners LLC now owns 992 shares of the financial services provider’s stock worth $343,000 after purchasing an additional 31 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its stake in shares of AON by 5.2% during the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 673 shares of the financial services provider’s stock worth $242,000 after purchasing an additional 33 shares during the period. Finally, U.S. Capital Wealth Advisors LLC grew its stake in shares of AON by 0.9% during the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 3,692 shares of the financial services provider’s stock worth $1,326,000 after purchasing an additional 33 shares during the period. 86.14% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on AON shares. TD Cowen upped their price target on shares of AON from $413.00 to $432.00 in a research note on Thursday, October 24th. Piper Sandler boosted their price objective on shares of AON from $372.00 to $384.00 and gave the stock a “neutral” rating in a research report on Monday, February 3rd. Keefe, Bruyette & Woods boosted their price objective on shares of AON from $411.00 to $414.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 5th. Barclays boosted their price objective 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. Finally, JPMorgan Chase & Co. boosted 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. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $386.21.

Insider Transactions at AON

In related news, COO Mindy F. Simon sold 650 shares of the stock in a transaction that occurred 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 completion of the sale, the chief operating officer now owns 1,816 shares of the company’s stock, valued at approximately $716,121.44. This represents a 26.36 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Lisa Stevens sold 1,275 shares of the stock in a transaction that occurred on Tuesday, November 26th. The stock was sold at an average price of $387.68, for a total transaction of $494,292.00. Following the sale, the insider now directly owns 8,077 shares of the company’s stock, valued at approximately $3,131,291.36. This trade represents a 13.63 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.30% of the company’s stock.

AON Trading Up 0.7 %

Shares of AON stock opened at $386.81 on Thursday. The firm has a market cap of $83.66 billion, a P/E ratio of 30.55, a PEG ratio of 2.09 and a beta of 0.93. Aon plc has a 1-year low of $268.06 and a 1-year high of $395.33. The company has a debt-to-equity ratio of 2.58, a current ratio of 1.40 and a quick ratio of 2.05. The firm’s 50-day simple moving average is $365.26 and its 200-day simple moving average is $358.47.

AON (NYSE:AON) last announced its quarterly earnings data on Friday, January 31st. The financial services provider reported $4.42 earnings per share for the quarter, topping the consensus estimate 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 quarter last year, the company posted $3.89 EPS. As a group, equities analysts forecast that Aon plc will post 17.24 EPS for the current year.

AON Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 14th. Stockholders of record on Monday, February 3rd will be issued a dividend of $0.675 per share. The ex-dividend date is Monday, February 3rd. This represents a $2.70 annualized dividend and a dividend yield of 0.70%. AON’s payout ratio is currently 21.33%.

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.