Nippon Life Global Investors Americas Inc. increased its position in Aon PLC (NYSE:AON) by 15.1% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 162,970 shares of the financial services provider’s stock after buying an additional 21,370 shares during the period. Aon PLC makes up approximately 1.9% of Nippon Life Global Investors Americas Inc.’s investment portfolio, making the stock its 10th largest position. Nippon Life Global Investors Americas Inc.’s holdings in Aon PLC were worth $21,667,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of the company. Ronna Sue Cohen boosted its position in Aon PLC by 0.3% in the second quarter. Ronna Sue Cohen now owns 6,205 shares of the financial services provider’s stock worth $825,000 after buying an additional 18 shares in the last quarter. LS Investment Advisors LLC boosted its position in Aon PLC by 0.3% in the second quarter. LS Investment Advisors LLC now owns 15,833 shares of the financial services provider’s stock worth $2,105,000 after buying an additional 40 shares in the last quarter. Cleararc Capital Inc. boosted its position in Aon PLC by 0.9% in the first quarter. Cleararc Capital Inc. now owns 6,444 shares of the financial services provider’s stock worth $765,000 after buying an additional 56 shares in the last quarter. Financial Counselors Inc. boosted its position in Aon PLC by 1.6% in the first quarter. Financial Counselors Inc. now owns 3,641 shares of the financial services provider’s stock worth $432,000 after buying an additional 57 shares in the last quarter. Finally, Stratos Wealth Partners LTD. boosted its position in Aon PLC by 2.2% in the second quarter. Stratos Wealth Partners LTD. now owns 3,084 shares of the financial services provider’s stock worth $410,000 after buying an additional 66 shares in the last quarter. Institutional investors own 86.41% of the company’s stock.

Shares of Aon PLC (NYSE AON) opened at 138.39 on Friday. Aon PLC has a one year low of $107.19 and a one year high of $141.45. The company has a 50 day moving average of $136.61 and a 200-day moving average of $125.15. The stock has a market cap of $35.20 billion, a price-to-earnings ratio of 20.21 and a beta of 1.03.

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

The company also recently declared a quarterly dividend, which will be paid on Tuesday, August 15th. Stockholders of record on Tuesday, August 1st will be paid a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a dividend yield of 1.04%. The ex-dividend date is Friday, July 28th. Aon PLC’s dividend payout ratio (DPR) is presently 20.48%.

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A number of equities analysts have weighed in on the stock. UBS AG restated a “neutral” rating and set a $133.00 price objective (up from $125.00) on shares of Aon PLC in a research report on Friday, May 12th. Langen Mcalenn cut shares of Aon PLC from a “buy” rating to a “neutral” rating in a research report on Wednesday, June 21st. Citigroup Inc. upped their price objective on shares of Aon PLC from $144.00 to $155.00 and gave the stock a “buy” rating in a research report on Thursday, July 13th. BidaskClub upgraded shares of Aon PLC from a “buy” rating to a “strong-buy” rating in a research report on Saturday. Finally, Janney Montgomery Scott cut shares of Aon PLC from a “buy” rating to a “neutral” rating in a research report on Wednesday, June 21st. One research analyst has rated the stock with a sell rating, ten have given a hold rating, four have given a buy rating and one has assigned a strong buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $139.00.

In related news, SVP Laurel G. Meissner sold 4,000 shares of the business’s stock in a transaction dated Thursday, May 18th. The shares were sold at an average price of $126.19, for a total value of $504,760.00. Following the completion of the transaction, the senior vice president now owns 16,314 shares of the company’s stock, valued at approximately $2,058,663.66. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Peter M. Lieb sold 2,000 shares of the business’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 completion of the transaction, the executive vice president now directly owns 20,216 shares of the company’s stock, valued at approximately $2,636,166.40. The disclosure for this sale can be found here. 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.

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

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