Quantitative Investment Management LLC Lowers Position in Aon plc $AON

Posted by Francis Steltz on Sep 1st, 2026

Quantitative Investment Management LLC decreased its stake in shares of Aon plc (NYSE:AON – Free Report) by 37.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 5,174 shares of the financial services provider’s stock after selling 3,036 shares during the period. Quantitative Investment Management LLC’s holdings in AON were worth $1,716,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of AON. Aviva PLC increased its stake in AON by 2.0% in the 4th quarter. Aviva PLC now owns 333,454 shares of the financial services provider’s stock valued at $117,669,000 after buying an additional 6,622 shares during the last quarter. Handelsbanken Fonder AB grew its holdings in shares of AON by 9.1% in the fourth quarter. Handelsbanken Fonder AB now owns 67,034 shares of the financial services provider’s stock valued at $23,655,000 after acquiring an additional 5,585 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its position in shares of AON by 1,864.5% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 343,754 shares of the financial services provider’s stock valued at $121,304,000 after acquiring an additional 326,256 shares during the last quarter. The Manufacturers Life Insurance Company lifted its holdings in AON by 136.1% during the first quarter. The Manufacturers Life Insurance Company now owns 547,850 shares of the financial services provider’s stock worth $176,835,000 after acquiring an additional 315,817 shares during the period. Finally, Highland Capital Management LLC bought a new position in AON in the 4th quarter valued at $1,359,000. 86.14% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of brokerages recently weighed in on AON. Morgan Stanley boosted their price target on shares of AON from $380.00 to $410.00 and gave the stock an “overweight” rating in a report on Wednesday, August 19th. Barclays lifted their price objective on shares of AON from $372.00 to $382.00 and gave the stock an “equal weight” rating in a research report on Tuesday, July 7th. Wells Fargo & Company increased their target price on shares of AON from $406.00 to $419.00 and gave the company an “overweight” rating in a research report on Thursday, July 30th. JPMorgan Chase & Co. raised their price target on shares of AON from $396.00 to $412.00 and gave the stock an “overweight” rating in a research note on Monday, July 13th. Finally, Wall Street Zen raised shares of AON from a “sell” rating to a “hold” rating in a report on Saturday. Twelve equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $412.62.

View Our Latest Analysis on AON

Insiders Place Their Bets

In related news, General Counsel Darren Zeidel sold 1,950 shares of AON stock in a transaction that occurred on Friday, July 17th. The shares were sold at an average price of $372.05, for a total value of $725,497.50. Following the completion of the transaction, the general counsel directly owned 13,404 shares in the company, valued at approximately $4,986,958.20. The trade was a 12.70% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In the last ninety days, insiders have sold 4,450 shares of company stock valued at $1,659,242. 1.00% of the stock is currently owned by insiders.

AON Trading Down 9.8%

Shares of AON opened at $320.59 on Tuesday. Aon plc has a fifty-two week low of $304.59 and a fifty-two week high of $382.34. The business has a 50-day moving average of $353.25 and a 200 day moving average of $333.95. The firm has a market cap of $68.00 billion, a P/E ratio of 17.67, a price-to-earnings-growth ratio of 1.83 and a beta of 0.69. The company has a debt-to-equity ratio of 1.34, a quick ratio of 1.54 and a current ratio of 1.54.

AON (NYSE:AON – Get Free Report) last released its quarterly earnings data on Wednesday, July 29th. The financial services provider reported $3.81 EPS for the quarter, beating the consensus estimate of $3.80 by $0.01. The business had revenue of $4.25 billion for the quarter, compared to the consensus estimate of $4.28 billion. AON had a net margin of 22.27% and a return on equity of 42.13%. The company’s revenue was up 2.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $3.49 earnings per share. As a group, research analysts forecast that Aon plc will post 19.06 EPS for the current year.

AON Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 14th. Investors of record on Monday, August 3rd were issued a $0.82 dividend. The ex-dividend date of this dividend was Monday, August 3rd. This represents a $3.28 annualized dividend and a yield of 1.0%. AON’s dividend payout ratio (DPR) is 18.08%.

AON News Summary

Here are the key news stories impacting AON this week:

Positive Sentiment: The acquisition would significantly expand Aon’s presence in the U.S. middle-market, adding USI’s risk management, health insurance and retirement-plan businesses, which generate approximately $3 billion in annual revenue. Aon expects the combined platform to produce $395 million in annual run-rate net adjusted EBITDA synergies and to be accretive to adjusted EPS beginning in 2028. Aon to acquire USI to establish the premier U.S. middle-market platform
Positive Sentiment: Management said USI would improve Aon’s access to the fast-growing excess-and-surplus insurance market and enhance its data and analytics capabilities. USI CEO Mike Sicard is expected to become Aon’s president and global CEO of Middle Market after closing, supporting integration and leadership continuity. Aon CEO says insurance broker seeks to build premiere middle market platform
Neutral Sentiment: The transaction is expected to close in the fourth quarter of 2026, subject to regulatory approval. Aon held an investor call to outline the deal’s financing, strategic rationale and anticipated synergies, making regulatory and integration execution key near-term catalysts. Aon M&A call transcript
Negative Sentiment: Aon plans to finance the purchase with new debt, increasing balance-sheet risk and potentially limiting financial flexibility. Investors may also be concerned that the $17 billion purchase price creates substantial execution risk before the projected 2028 earnings benefits are realized. Aon close to acquiring USI in $17 billion deal

AON Company Profile

(Free Report)

Aon plc is a global professional services firm that provides a broad suite of risk, retirement and health solutions to corporations, institutions and individuals. The company operates primarily as an insurance broker and risk adviser, helping clients identify, quantify and transfer risk across property, casualty, cyber and other areas. Aon also offers reinsurance brokerage and capital market solutions that connect insurers, reinsurers and corporate buyers.

In addition to traditional brokerage activities, Aon delivers consulting and outsourcing services in areas such as human capital, benefits, and retirement plan design and administration.