Aon plc (NYSE:AON) Shares Bought by Cantillon Capital Management LLC

Cantillon Capital Management LLC raised its stake in Aon plc (NYSE:AON) by 0.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,323,228 shares of the financial services provider’s stock after acquiring an additional 7,010 shares during the quarter. AON makes up approximately 2.9% of Cantillon Capital Management LLC’s investment portfolio, making the stock its 15th largest position. Cantillon Capital Management LLC owned approximately 0.61% of AON worth $475,251,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Valley Wealth Managers Inc. raised its stake in shares of AON by 3.3% during the 3rd quarter. Valley Wealth Managers Inc. now owns 886 shares of the financial services provider’s stock worth $307,000 after buying an additional 28 shares during the period. Intellectus Partners LLC raised its stake in shares of AON by 3.2% during the 3rd quarter. Intellectus Partners LLC now owns 992 shares of the financial services provider’s stock worth $343,000 after buying an additional 31 shares during the period. V Square Quantitative Management LLC raised its stake in shares of AON by 1.3% during the 4th quarter. V Square Quantitative Management LLC now owns 2,338 shares of the financial services provider’s stock worth $840,000 after buying an additional 31 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its stake in shares of AON by 5.2% during the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 673 shares of the financial services provider’s stock worth $242,000 after buying an additional 33 shares during the period. Finally, U.S. Capital Wealth Advisors LLC raised its stake in shares of AON by 0.9% during the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 3,692 shares of the financial services provider’s stock worth $1,326,000 after buying an additional 33 shares during the period. 86.14% of the stock is owned by institutional investors and hedge funds.

AON Stock Up 1.3 %

Shares of NYSE:AON opened at $409.15 on Friday. The company has a quick ratio of 1.40, a current ratio of 1.40 and a debt-to-equity ratio of 2.58. The business has a fifty day moving average of $372.88 and a two-hundred day moving average of $364.35. The stock has a market cap of $88.38 billion, a P/E ratio of 32.32, a PEG ratio of 2.12 and a beta of 0.93. Aon plc has a 52-week low of $268.06 and a 52-week high of $409.99.

AON (NYSE:AON) last released its quarterly earnings results on Friday, January 31st. The financial services provider reported $4.42 earnings per share for the quarter, topping analysts’ consensus estimates of $4.25 by $0.17. AON had a return on equity of 70.84% and a net margin of 16.91%. During the same quarter in the previous year, the firm posted $3.89 earnings per share. On average, research analysts expect that Aon plc will post 17.21 earnings per share for the current year.

AON Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 14th. Investors of record on Monday, February 3rd were paid a dividend of $0.675 per share. This represents a $2.70 annualized dividend and a yield of 0.66%. The ex-dividend date of this dividend was Monday, February 3rd. AON’s payout ratio is 21.33%.

Analyst Ratings Changes

Several research analysts have recently weighed in on AON shares. Evercore ISI raised AON from an “in-line” rating to an “outperform” rating and upped their target price for the stock from $407.00 to $420.00 in a research note on Wednesday, January 8th. JPMorgan Chase & Co. boosted their price target on AON from $379.00 to $394.00 and gave the stock an “overweight” rating in a research report on Friday, January 3rd. BMO Capital Markets boosted their price target on AON from $325.00 to $380.00 and gave the stock a “market perform” rating in a research report on Monday, November 4th. Barclays boosted their price target on AON from $394.00 to $440.00 and gave the stock an “overweight” rating in a research report on Thursday, November 21st. Finally, Wells Fargo & Company boosted their price target on AON from $410.00 to $445.00 and gave the stock an “overweight” rating in a research report on Monday, February 3rd. One analyst has rated the stock with a sell rating, seven have given a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $386.21.

AON Company Profile

Aon Plc engages in the provision of risk, health, and wealth solutions. It focuses on risk capital including claim management, reinsurance, risk analysis, management, retention, and transfer; and human capital involving analytics, health and benefits, investments, pensions and retirement, talent and rewards, and workplace wellbeing.