Aon PLC (AON) Shares Bought by Waldron LP

Waldron LP increased its holdings in shares of Aon PLC (NYSE:AON) by 17.9% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,002 shares of the financial services provider’s stock after purchasing an additional 455 shares during the quarter. Waldron LP’s holdings in Aon PLC were worth $438,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also made changes to their positions in the company. Vanguard Group Inc. increased its position in Aon PLC by 2.4% during the second quarter. Vanguard Group Inc. now owns 17,812,319 shares of the financial services provider’s stock valued at $2,368,149,000 after acquiring an additional 415,363 shares during the last quarter. BlackRock Inc. increased its position in Aon PLC by 0.6% during the second quarter. BlackRock Inc. now owns 15,663,729 shares of the financial services provider’s stock valued at $2,082,493,000 after acquiring an additional 100,762 shares during the last quarter. Longview Partners Guernsey LTD increased its position in Aon PLC by 4.5% during the third quarter. Longview Partners Guernsey LTD now owns 7,001,377 shares of the financial services provider’s stock valued at $1,022,901,000 after acquiring an additional 301,300 shares during the last quarter. Mawer Investment Management Ltd. increased its position in Aon PLC by 2.5% during the second quarter. Mawer Investment Management Ltd. now owns 5,131,164 shares of the financial services provider’s stock valued at $682,188,000 after acquiring an additional 122,803 shares during the last quarter. Finally, Janus Henderson Group PLC increased its position in Aon PLC by 1,108.1% during the second quarter. Janus Henderson Group PLC now owns 3,180,268 shares of the financial services provider’s stock valued at $422,814,000 after acquiring an additional 2,917,018 shares during the last quarter. 88.46% of the stock is currently owned by hedge funds and other institutional investors.

In related news, CEO Eric Andersen sold 10,000 shares of the stock in a transaction dated Tuesday, November 14th. The stock was sold at an average price of $143.52, for a total transaction of $1,435,200.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Insiders have sold 40,000 shares of company stock valued at $5,720,400 in the last quarter. 0.90% of the stock is currently owned by company insiders.

A number of analysts recently commented on AON shares. Zacks Investment Research upgraded Aon PLC from a “hold” rating to a “buy” rating and set a $171.00 price objective for the company in a research report on Wednesday, October 25th. Barclays PLC upped their price objective on Aon PLC from $135.00 to $140.00 and gave the company an “equal weight” rating in a research report on Monday, October 16th. Jefferies Group LLC reiterated a “buy” rating on shares of Aon PLC in a research report on Tuesday, September 5th. Deutsche Bank AG upped their price objective on Aon PLC from $113.00 to $123.00 and gave the company a “hold” rating in a research report on Wednesday, August 9th. Finally, BidaskClub cut Aon PLC from a “strong-buy” rating to a “buy” rating in a research report on Monday, July 31st. One investment analyst has rated the stock with a sell rating, twelve have issued a hold rating and four have assigned a buy rating to the stock. Aon PLC currently has an average rating of “Hold” and a consensus target price of $144.42.

Shares of Aon PLC (AON) traded down $0.10 on Friday, reaching $141.18. The company’s stock had a trading volume of 912,114 shares, compared to its average volume of 1,253,640. The company has a debt-to-equity ratio of 1.08, a quick ratio of 2.35 and a current ratio of 2.35. Aon PLC has a fifty-two week low of $109.82 and a fifty-two week high of $152.78. The stock has a market capitalization of $35,280.60, a PE ratio of 20.92, a price-to-earnings-growth ratio of 1.83 and a beta of 1.06.

Aon PLC (NYSE:AON) last released its earnings results on Friday, October 27th. The financial services provider reported $1.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.28 by $0.01. Aon PLC had a return on equity of 32.71% and a net margin of 16.78%. The firm had revenue of $2.34 billion during the quarter, compared to analysts’ expectations of $2.29 billion. During the same quarter last year, the business posted $1.29 earnings per share. The firm’s revenue was up 6.3% on a year-over-year basis. equities research analysts forecast that Aon PLC will post 6.53 EPS for the current year.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 15th. Investors of record on Wednesday, November 1st were given a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a dividend yield of 1.02%. The ex-dividend date of this dividend was Tuesday, October 31st. Aon PLC’s dividend payout ratio is currently 21.79%.

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Aon PLC Profile

Aon plc (Aon) is a global provider of risk management services, insurance and reinsurance brokerage, and human resource consulting and outsourcing, delivering distinctive client value via risk management and workforce productivity solutions. The Company operates in two segments: Risk Solutions and Human Resource (HR) Solutions.

Institutional Ownership by Quarter for Aon PLC (NYSE:AON)

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