StoneRidge PMG Advisors LLC acquired a new position in Aon plc (NYSE:AON – Free Report) in the third quarter, HoldingsChannel.com reports. The institutional investor acquired 16,977 shares of the financial services provider’s stock, valued at approximately $4,699,000. AON accounts for 3.2% of StoneRidge PMG Advisors LLC’s portfolio, making the stock its 7th largest holding.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Downshift Financial LLC boosted its stake in shares of AON by 15,700.0% in the 3rd quarter. Downshift Financial LLC now owns 158 shares of the financial services provider’s stock valued at $44,000 after purchasing an additional 157 shares during the last quarter. Cassaday & Co Wealth Management LLC acquired a new stake in shares of AON during the 1st quarter worth approximately $61,000. Ashurst Perkins Coie Trust Co bought a new stake in shares of AON during the third quarter worth approximately $60,000. Elevation Wealth Partners LLC lifted its holdings in AON by 35.6% in the second quarter. Elevation Wealth Partners LLC now owns 221 shares of the financial services provider’s stock valued at $73,000 after buying an additional 58 shares during the period. Finally, Basecamp Wealth Advisors LLC boosted its stake in AON by 25.0% in the first quarter. Basecamp Wealth Advisors LLC now owns 235 shares of the financial services provider’s stock valued at $76,000 after acquiring an additional 47 shares during the last quarter. 86.14% of the stock is owned by institutional investors.
Analysts Set New Price Targets
A number of analysts have commented on the stock. Cantor Fitzgerald lifted their target price on shares of AON from $400.00 to $410.00 and gave the stock an “overweight” rating in a report on Monday, November 2nd. Zacks Research downgraded AON from a “hold” rating to a “strong sell” rating in a research note on Monday, October 26th. Mizuho reduced their price target on AON from $366.00 to $324.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 7th. Evercore decreased their price objective on AON from $423.00 to $375.00 in a research note on Thursday, October 8th. Finally, Piper Sandler dropped their price objective on AON from $391.00 to $349.00 and set a “neutral” rating for the company in a report on Tuesday, September 1st. Thirteen investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $369.12.
Get Our Latest Research Report on AON
Insider Activity
In other AON news, Director Lester Knight bought 20,000 shares of the stock in a transaction that occurred on Wednesday, September 2nd. The stock was acquired 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 in the company, valued at $53,379,240. This trade represents a 13.99% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 1.00% of the company’s stock.
AON Stock Performance
AON stock opened at $334.57 on Monday. Aon plc has a 1-year low of $266.33 and a 1-year 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 firm has a market cap of $70.98 billion, a PE ratio of 18.32, a P/E/G ratio of 1.76 and a beta of 0.63. The business’s 50-day moving average price is $300.47 and its two-hundred day moving average price is $325.93.
AON (NYSE:AON – Get Free Report) last announced its quarterly earnings results on Wednesday, October 28th. The financial services provider reported $3.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.30 by $0.06. The company had revenue of $4.10 billion during the quarter, compared to the consensus estimate of $4.08 billion. AON had a return on equity of 40.46% and a net margin of 22.24%. The company’s revenue for the quarter was up 2.6% compared to the same quarter last year. During the same period in the prior year, the company earned $3.05 earnings per share. As a group, research analysts forecast that Aon plc will post 18.47 earnings per share for the current year.
AON Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 13th. Investors of record on Monday, November 2nd will be given a $0.82 dividend. The ex-dividend date is Monday, November 2nd. This represents a $3.28 annualized dividend and a dividend yield of 1.0%. AON’s payout ratio is currently 17.96%.
Key AON News
Here are the key news stories impacting AON this week:
- Positive Sentiment: Aon and funds managed by Blackstone are launching Cortina, a Lloyd’s syndicate intended to provide dedicated, multi-year reinsurance capacity. The venture could broaden capital available to clients, and participating Aon clients may receive a dividend. Cortina is expected to start underwriting on January 1, 2027, subject to final approvals, with QBE as managing agent. Article
- Positive Sentiment: Aon is expanding its Lloyd’s-backed follow-form client treaty facility to cover 35% for 2027, up from 28.5%, and adding facultative capacity for Canadian insurers. The move may strengthen Aon’s reinsurance offering and client relationships, though the expanded capacity is forward-looking. Article
- Positive Sentiment: BMO Capital Markets upgraded its rating on AON, a supportive analyst signal. The linked report does not provide the revised rating or price target. Article
- Neutral Sentiment: An Aon report forecasts India’s medical-cost growth will slow to 10.1% in 2027. This may be useful to clients, but the report’s outlook alone has no clear, direct near-term earnings implication for Aon. Article
- Negative Sentiment: Dowling & Partners lowered its 2026 earnings-per-share estimate to $18.50 from $18.70. The reduction is modest and close to the cited consensus estimate of $18.47, but may weigh on sentiment. Article
AON Profile
Aon plc is a global professional services firm that helps organizations manage risk and make decisions about their people and finances. Its services include insurance brokerage, risk consulting, reinsurance solutions, employee benefits consulting and retirement and investment advisory services.
The company serves businesses and institutions across a broad range of industries and geographies. Aon was formed in 1982 as Ryan Insurance Group and adopted the Aon name in 1987. It is headquartered in Dublin, Ireland, and operates internationally.
Greg Case has served as Aon’s chief executive officer since 2005.
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