Westside Investment Management Inc. lifted its position in shares of Aon plc (NYSE:AON – Free Report) by 170,109.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 122,551 shares of the financial services provider’s stock after acquiring an additional 122,479 shares during the quarter. AON accounts for approximately 4.2% of Westside Investment Management Inc.’s portfolio, making the stock its largest holding. Westside Investment Management Inc.’s holdings in AON were worth $33,918,000 at the end of the most recent quarter.
A number of other hedge funds have also recently added to or reduced their stakes in the company. Robeco Institutional Asset Management B.V. boosted its holdings in AON by 11,179.6% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 4,026,135 shares of the financial services provider’s stock valued at $1,114,313,000 after purchasing an additional 3,990,441 shares in the last quarter. Ninety One UK Ltd raised its stake in shares of AON by 419.8% during the 3rd quarter. Ninety One UK Ltd now owns 836,932 shares of the financial services provider’s stock worth $231,638,000 after buying an additional 675,919 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its stake in shares of AON by 74.7% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 797,418 shares of the financial services provider’s stock worth $257,391,000 after buying an additional 340,866 shares in the last quarter. Kestra Advisory Services LLC lifted its holdings in shares of AON by 754.4% in the 3rd quarter. Kestra Advisory Services LLC now owns 380,635 shares of the financial services provider’s stock valued at $105,348,000 after buying an additional 336,085 shares during the period. Finally, The Manufacturers Life Insurance Company lifted its holdings in shares of AON by 136.1% in the 1st quarter. The Manufacturers Life Insurance Company now owns 547,850 shares of the financial services provider’s stock valued at $176,835,000 after buying an additional 315,817 shares during the period. Institutional investors and hedge funds own 86.14% of the company’s stock.
Analyst Ratings Changes
A number of research firms recently weighed in on AON. Keefe, Bruyette & Woods decreased their price target on AON from $417.00 to $342.00 and set an “outperform” rating on the stock in a research note on Monday, October 12th. Bank of America increased their price objective on AON from $298.00 to $327.00 and gave the stock an “underperform” rating in a research report on Wednesday, July 15th. Wells Fargo & Company raised their target price on AON from $323.00 to $364.00 and gave the company an “overweight” rating in a report on Monday. Cantor Fitzgerald boosted their target price on shares of AON from $400.00 to $410.00 and gave the stock an “overweight” rating in a research report on Monday. Finally, Mizuho lowered their price target on shares of AON from $366.00 to $324.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 7th. Thirteen analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, AON has a consensus rating of “Hold” and an average target price of $369.12.
View Our Latest Research Report on AON
Insider Buying and Selling
In other news, Director Lester Knight bought 20,000 shares of the stock in a transaction on Wednesday, September 2nd. The shares were bought at an average price of $327.48 per share, with a total value of $6,549,600.00. Following the completion of the acquisition, 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 ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 1.00% of the company’s stock.
Key Headlines Impacting AON
Here are the key news stories impacting AON this week:
- Positive Sentiment: Aon renewed its Aon Client Treaty for 2027, raising co-insurance on eligible business from 28.5% to 35%. The expansion also applies the 1.5% client dividend to a larger share of eligible placements and adds facultative capacity. It strengthens Aon’s offering to clients, though the announcement did not quantify its earnings impact. Aon Client Treaty expands to 35% co-insurance for 2027
- Positive Sentiment: Aon and Munich Re launched a pandemic reinsurance solution for insurers in Indonesia and the Philippines, potentially creating a new offering in markets with coverage gaps. Aon and Munich Re launch pandemic reinsurance solution
- Neutral Sentiment: Analyst views were mixed: BMO Capital Markets upgraded AON, while UBS cut its price target; Cantor Fitzgerald and Wells Fargo coverage headlines also pointed to expected upside. BMO upgrades AON UBS cuts AON price target
- Negative Sentiment: Dowling & Partners lowered its 2026 EPS estimate to $18.50 from $18.70, although that remains close to the $18.49 consensus estimate. AON analyst estimate update
AON Price Performance
AON stock opened at $344.43 on Friday. The firm has a 50 day moving average of $300.76 and a 200-day moving average of $325.95. Aon plc has a 12-month low of $266.33 and a 12-month high of $382.34. The company has a current ratio of 4.72, a quick ratio of 4.72 and a debt-to-equity ratio of 2.58. The company has a market cap of $73.07 billion, a price-to-earnings ratio of 18.86, a PEG ratio of 1.82 and a beta of 0.63.
AON (NYSE:AON – Get Free Report) last released its quarterly earnings results on Wednesday, October 28th. The financial services provider reported $3.36 earnings per share for the quarter, topping analysts’ consensus estimates of $3.30 by $0.06. The business had revenue of $4.10 billion for the quarter, compared to analysts’ expectations of $4.08 billion. AON had a return on equity of 40.46% and a net margin of 22.24%. The company’s revenue was up 2.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $3.05 EPS. As a group, equities analysts expect that Aon plc will post 18.47 EPS for the current fiscal year.
AON Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, November 13th. Shareholders of record on Monday, November 2nd will be given a dividend of $0.82 per share. This represents a $3.28 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date is Monday, November 2nd. AON’s payout ratio is presently 17.96%.
About AON
Aon plc is a global professional services firm that helps organizations manage risk, make informed decisions and improve workforce outcomes. Its services span commercial risk, health, retirement and investments, and data and analytics.
The company provides insurance brokerage and risk-management services, including coverage placement, claims support, risk transfer and consulting. Through its reinsurance business, Aon also serves insurers and other organizations seeking to manage catastrophe, capital and underwriting risks.
Aon’s human capital offerings include employee benefits consulting, retirement advisory services, talent and compensation consulting, and health and workforce solutions.
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