Boston Partners boosted its position in shares of Aon PLC (NYSE:AON) by 1.3% during the second quarter, Holdings Channel reports. The fund owned 3,066,684 shares of the financial services provider’s stock after buying an additional 39,993 shares during the period. Boston Partners’ holdings in Aon PLC were worth $407,715,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Everence Capital Management Inc. boosted its position in shares of Aon PLC by 19.0% in the first quarter. Everence Capital Management Inc. now owns 8,958 shares of the financial services provider’s stock worth $1,063,000 after buying an additional 1,430 shares during the last quarter. Nationwide Fund Advisors boosted its position in shares of Aon PLC by 1.2% in the first quarter. Nationwide Fund Advisors now owns 74,287 shares of the financial services provider’s stock worth $8,817,000 after buying an additional 883 shares during the last quarter. Waldron LP boosted its position in shares of Aon PLC by 81.2% in the first quarter. Waldron LP now owns 3,826 shares of the financial services provider’s stock worth $454,000 after buying an additional 1,714 shares during the last quarter. Russell Investments Group Ltd. boosted its position in shares of Aon PLC by 25.3% in the first quarter. Russell Investments Group Ltd. now owns 1,045,970 shares of the financial services provider’s stock worth $124,125,000 after buying an additional 210,931 shares during the last quarter. Finally, IFP Advisors Inc boosted its position in shares of Aon PLC by 10.4% in the first quarter. IFP Advisors Inc now owns 3,295 shares of the financial services provider’s stock worth $391,000 after buying an additional 310 shares during the last quarter. Institutional investors own 86.41% of the company’s stock.

Aon PLC (AON) opened at 140.19 on Thursday. The company’s 50-day moving average price is $136.39 and its 200 day moving average price is $124.86. Aon PLC has a 12 month low of $107.19 and a 12 month high of $141.45. The company has a market capitalization of $36.74 billion, a price-to-earnings ratio of 27.69 and a beta of 1.03.

Aon PLC (NYSE:AON) last posted its quarterly earnings results on Friday, August 4th. The financial services provider reported $1.45 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.45. Aon PLC had a net margin of 17.28% and a return on equity of 32.62%. The business had revenue of $2.37 billion during the quarter, compared to analyst estimates of $2.37 billion. During the same period in the prior year, the business posted $1.39 earnings per share. The company’s revenue was up 3.8% on a year-over-year basis. Analysts forecast that Aon PLC will post $6.50 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, August 15th. Shareholders of record on Tuesday, August 1st will be given a dividend of $0.36 per share. The ex-dividend date is Friday, July 28th. This represents a $1.44 annualized dividend and a yield of 1.03%. Aon PLC’s payout ratio is 20.48%.

COPYRIGHT VIOLATION WARNING: “Boston Partners Increases Position in Aon PLC (NYSE:AON)” was originally posted by Daily Political and is the property of of Daily Political. If you are reading this report on another site, it was illegally stolen and republished in violation of United States & international copyright and trademark legislation. The original version of this report can be viewed at https://www.dailypolitical.com/2017/08/10/boston-partners-increases-position-in-aon-plc-nyseaon.html.

A number of research analysts have recently commented on AON shares. Zacks Investment Research cut Aon PLC from a “hold” rating to a “sell” rating in a research note on Wednesday, April 12th. Wells Fargo & Company reiterated a “hold” rating on shares of Aon PLC in a research note on Sunday, April 16th. Jefferies Group LLC reiterated a “buy” rating and issued a $146.00 price target (up from $137.00) on shares of Aon PLC in a research note on Tuesday, May 9th. Credit Suisse Group reiterated a “sell” rating and issued a $122.00 price target on shares of Aon PLC in a research note on Wednesday, May 10th. Finally, UBS AG reiterated a “neutral” rating and issued a $133.00 price target (up from $125.00) on shares of Aon PLC in a research note on Friday, May 12th. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating and five have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $139.00.

In other news, SVP Laurel G. Meissner sold 4,000 shares of the company’s stock in a transaction dated Thursday, May 18th. The shares were sold at an average price of $126.19, for a total transaction of $504,760.00. Following the completion of the transaction, the senior vice president now directly owns 16,314 shares of the company’s stock, valued at $2,058,663.66. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Peter M. Lieb sold 2,000 shares of the company’s stock in a transaction dated Thursday, May 25th. The shares were sold at an average price of $130.40, for a total transaction of $260,800.00. Following the transaction, the executive vice president now directly owns 20,216 shares of the company’s stock, valued at $2,636,166.40. The disclosure for this sale can be found here. Corporate insiders own 0.90% of the company’s stock.

Aon PLC Company Profile

Aon plc (Aon) is a global provider of risk management services, insurance and reinsurance brokerage, and human resource consulting and outsourcing, delivering distinctive client value via risk management and workforce productivity solutions. The Company operates in two segments: Risk Solutions and Human Resource (HR) Solutions.

Want to see what other hedge funds are holding AON? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Aon PLC (NYSE:AON).

Institutional Ownership by Quarter for Aon PLC (NYSE:AON)

Receive News & Ratings for Aon PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aon PLC and related companies with MarketBeat.com's FREE daily email newsletter.