Aon plc $AON Shares Purchased by Sunflower Bank N.A.

by · The Markets Daily

Sunflower Bank N.A. raised its holdings in shares of Aon plc (NYSE:AON – Free Report) by 1.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,675 shares of the financial services provider’s stock after buying an additional 30 shares during the period. Sunflower Bank N.A.’s holdings in AON were worth $598,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of AON. Relyea Zuckerberg Hanson LLC grew its position in shares of AON by 1.9% during the first quarter. Relyea Zuckerberg Hanson LLC now owns 1,427 shares of the financial services provider’s stock worth $570,000 after acquiring an additional 27 shares during the last quarter. Brighton Jones LLC grew its position in shares of AON by 0.4% during the first quarter. Brighton Jones LLC now owns 7,308 shares of the financial services provider’s stock worth $2,916,000 after acquiring an additional 29 shares during the last quarter. HHM Wealth Advisors LLC grew its position in shares of AON by 54.7% during the first quarter. HHM Wealth Advisors LLC now owns 82 shares of the financial services provider’s stock worth $33,000 after acquiring an additional 29 shares during the last quarter. Catalyst Financial Partners LLC grew its position in shares of AON by 2.6% during the first quarter. Catalyst Financial Partners LLC now owns 1,200 shares of the financial services provider’s stock worth $479,000 after acquiring an additional 30 shares during the last quarter. Finally, Wesbanco Bank Inc. grew its position in shares of AON by 0.3% during the first quarter. Wesbanco Bank Inc. now owns 11,940 shares of the financial services provider’s stock worth $4,765,000 after acquiring an additional 31 shares during the last quarter. 86.14% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

AON has been the subject of several research analyst reports. Wolfe Research initiated coverage on shares of AON in a report on Monday. They issued a “peer perform” rating for the company. Morgan Stanley raised shares of AON from an “equal weight” rating to an “overweight” rating and upped their price objective for the stock from $385.00 to $430.00 in a report on Thursday, September 11th. TD Cowen reduced their price objective on shares of AON from $427.00 to $419.00 and set a “buy” rating for the company in a report on Wednesday. Piper Sandler upped their price objective on shares of AON from $393.00 to $413.00 and gave the stock an “overweight” rating in a report on Monday, July 28th. Finally, Barclays reaffirmed an “overweight” rating and issued a $420.00 price objective (up previously from $401.00) on shares of AON in a report on Thursday, July 31st. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, AON presently has an average rating of “Moderate Buy” and an average price target of $414.69.

Check Out Our Latest Analysis on AON

AON Price Performance

Shares of AON opened at $358.07 on Thursday. The company has a market capitalization of $77.21 billion, a price-to-earnings ratio of 29.99, a P/E/G ratio of 2.11 and a beta of 0.87. Aon plc has a fifty-two week low of $323.73 and a fifty-two week high of $412.97. The company has a debt-to-equity ratio of 1.93, a current ratio of 1.52 and a quick ratio of 1.52. The business’s 50-day moving average is $364.16 and its 200-day moving average is $367.63.

AON (NYSE:AON – Get Free Report) last issued its earnings results on Friday, July 25th. The financial services provider reported $3.49 earnings per share for the quarter, beating analysts’ consensus estimates of $3.40 by $0.09. The company had revenue of $4.16 billion for the quarter, compared to the consensus estimate of $4.16 billion. AON had a return on equity of 50.91% and a net margin of 15.54%.The firm’s quarterly revenue was up 10.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.93 EPS. Equities research analysts expect that Aon plc will post 17.21 EPS for the current fiscal year.

AON Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, August 15th. Stockholders of record on Friday, August 1st were issued a $0.745 dividend. The ex-dividend date was Friday, August 1st. This represents a $2.98 dividend on an annualized basis and a dividend yield of 0.8%. AON’s dividend payout ratio is currently 24.96%.

AON Profile

(Free Report)

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.

See Also

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