Lester Knight Buys 20,000 Shares of AON (NYSE:AON) Stock

Aon plc (NYSE:AONGet Free Report) Director Lester Knight acquired 20,000 shares of the company’s stock in a transaction dated Wednesday, September 2nd. The shares were bought at an average cost of $327.48 per share, with a total value of $6,549,600.00. Following the purchase, the director owned 163,000 shares of the company’s stock, valued at approximately $53,379,240. This trade represents a 13.99% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

AON Stock Down 1.4%

Shares of NYSE AON opened at $322.57 on Friday. The firm’s fifty day moving average is $353.58 and its 200 day moving average is $334.15. Aon plc has a 52 week low of $304.59 and a 52 week high of $382.34. The company has a quick ratio of 1.54, a current ratio of 1.54 and a debt-to-equity ratio of 1.34. The company has a market cap of $68.42 billion, a price-to-earnings ratio of 17.78, a PEG ratio of 1.73 and a beta of 0.66.

AON (NYSE:AONGet Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The financial services provider reported $3.81 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.80 by $0.01. AON had a return on equity of 42.13% and a net margin of 22.27%.The company had revenue of $4.25 billion for the quarter, compared to the consensus estimate of $4.28 billion. During the same quarter in the previous year, the business earned $3.49 EPS. AON’s revenue was up 2.2% compared to the same quarter last year. On average, equities research analysts expect that Aon plc will post 18.98 earnings per share for the current year.

AON Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, August 14th. Stockholders of record on Monday, August 3rd were given a $0.82 dividend. The ex-dividend date of this dividend was Monday, August 3rd. This represents a $3.28 dividend on an annualized basis and a dividend yield of 1.0%. AON’s dividend payout ratio is currently 18.08%.

Analyst Ratings Changes

A number of equities analysts have weighed in on AON shares. Barclays raised their target price on shares of AON from $372.00 to $382.00 and gave the company an “equal weight” rating in a research note on Tuesday, July 7th. Morgan Stanley lifted their price objective on AON from $380.00 to $410.00 and gave the company an “overweight” rating in a research note on Wednesday, August 19th. Wall Street Zen raised AON from a “sell” rating to a “hold” rating in a report on Saturday, August 29th. UBS Group reiterated a “neutral” rating on shares of AON in a research note on Monday. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of AON in a report on Tuesday. Twelve analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $399.12.

Check Out Our Latest Stock Analysis on AON

More AON News

Here are the key news stories impacting AON this week:

  • Positive Sentiment: Aon director Lester Knight purchased 20,000 shares for approximately $6.55 million, increasing his direct holdings by nearly 14%. The sizable insider purchase may signal confidence that the recent weakness has created attractive value. Aon director stock purchase filing
  • Positive Sentiment: Aon executives highlighted strong demand for insurance-linked securities and expect continued growth through year-end and into 2027. A more flexible reinsurance market, supported by approximately $800 billion of capital, could increase transaction activity and benefit Aon’s brokerage and advisory operations. Strong ILS demand and continued growth expected
  • Positive Sentiment: The company urged insurers to use record reinsurance capacity and third-party capital to support growth, reinforcing the potential for expanding demand for Aon’s capital-markets and risk-transfer services. Aon urges insurers to use reinsurance and third-party capital
  • Positive Sentiment: Aon launched a defined-benefit pension “run-on” solution aimed at smaller schemes, broadening its retirement-services offering and potentially creating additional recurring consulting revenue. Aon launches run-on solution
  • Neutral Sentiment: Chief Executive Greg Case will speak at the KBW Insurance Conference on September 10, giving investors a potential catalyst for updates on the USI transaction, organic growth and capital allocation. Aon to speak at the KBW Insurance Conference
  • Negative Sentiment: Analysis of Aon’s planned $17 billion USI acquisition questioned whether roughly $395 million in expected synergies will adequately offset the risks of another debt-funded megadeal. Leverage and integration concerns may be weighing on valuation. Analysis of Aon’s USI acquisition
  • Negative Sentiment: Mizuho lowered its price target while maintaining an outperform rating, adding near-term pressure amid broader uncertainty over valuation and the acquisition’s financing. This caution contrasts with the more bullish view from Keefe, Bruyette & Woods. Mizuho forecast for AON

Institutional Trading of AON

A number of institutional investors have recently made changes to their positions in AON. NewEdge Advisors LLC grew its position in shares of AON by 28.4% during the 2nd quarter. NewEdge Advisors LLC now owns 14,704 shares of the financial services provider’s stock valued at $5,246,000 after acquiring an additional 3,253 shares during the period. Treasurer of the State of North Carolina lifted its position in AON by 9.1% during the second quarter. Treasurer of the State of North Carolina now owns 98,084 shares of the financial services provider’s stock valued at $34,992,000 after purchasing an additional 8,216 shares in the last quarter. Alliancebernstein L.P. raised its stake in shares of AON by 35.2% in the second quarter. Alliancebernstein L.P. now owns 292,210 shares of the financial services provider’s stock worth $104,249,000 after buying an additional 76,061 shares during the period. Diversify Advisory Services LLC raised its stake in shares of AON by 27.1% in the second quarter. Diversify Advisory Services LLC now owns 2,734 shares of the financial services provider’s stock worth $995,000 after buying an additional 583 shares during the period. Finally, Quantinno Capital Management LP lifted its position in shares of AON by 46.1% during the 2nd quarter. Quantinno Capital Management LP now owns 40,044 shares of the financial services provider’s stock valued at $14,286,000 after buying an additional 12,631 shares in the last quarter. Hedge funds and other institutional investors own 86.14% of the company’s stock.

About AON

(Get 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.

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