Northwestern Mutual Wealth Management Co. Raises Stock Position in Aon plc $AON

Northwestern Mutual Wealth Management Co. raised its stake in Aon plc (NYSE:AON) by 1,864.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 343,754 shares of the financial services provider’s stock after buying an additional 326,256 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in AON were worth $121,304,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in AON. Vanguard Group Inc. increased its stake in shares of AON by 1.0% during the 4th quarter. Vanguard Group Inc. now owns 20,171,049 shares of the financial services provider’s stock worth $7,117,960,000 after purchasing an additional 191,658 shares in the last quarter. State Street Corp increased its stake in shares of AON by 1.2% during the 3rd quarter. State Street Corp now owns 9,229,464 shares of the financial services provider’s stock worth $3,291,048,000 after purchasing an additional 105,154 shares in the last quarter. Bank of New York Mellon Corp increased its stake in shares of AON by 5.9% during the 3rd quarter. Bank of New York Mellon Corp now owns 3,715,346 shares of the financial services provider’s stock worth $1,324,818,000 after purchasing an additional 207,690 shares in the last quarter. Dodge & Cox purchased a new position in shares of AON during the 3rd quarter worth approximately $1,235,437,000. Finally, Neuberger Berman Group LLC increased its stake in shares of AON by 12.0% during the 3rd quarter. Neuberger Berman Group LLC now owns 2,330,363 shares of the financial services provider’s stock worth $830,945,000 after purchasing an additional 249,549 shares in the last quarter. 86.14% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on AON shares. Piper Sandler dropped their price objective on shares of AON from $388.00 to $355.00 and set an “overweight” rating for the company in a research note on Monday, May 4th. Keefe, Bruyette & Woods dropped their price objective on shares of AON from $416.00 to $401.00 and set an “outperform” rating for the company in a research note on Tuesday, April 7th. Wells Fargo & Company dropped their price objective on shares of AON from $443.00 to $402.00 and set an “overweight” rating for the company in a research note on Thursday, April 9th. Cantor Fitzgerald raised their price objective on shares of AON from $393.00 to $412.00 and gave the stock an “overweight” rating in a research note on Monday, February 2nd. Finally, Jefferies Financial Group reissued a “buy” rating and set a $408.00 price objective on shares of AON in a research note on Monday, February 2nd. Thirteen analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, AON currently has a consensus rating of “Moderate Buy” and an average target price of $397.88.

AON News Roundup

Here are the key news stories impacting AON this week:

• Positive Sentiment: Zacks Research raised its Q1 2028 EPS estimate for Aon to $7.77 from $7.75, signaling slightly stronger longer-term earnings expectations. AON report
• Positive Sentiment: An Artemis report noted that global property softening is being offset by underwriting discipline and rising ART interest, a backdrop that can support Aon’s insurance-brokerage and specialty business outlook. Global property softening met by underwriting discipline and rising ART interest: Aon
• Neutral Sentiment: Zacks Research also reiterated or adjusted several other out-year EPS forecasts for Aon, with FY2026 at $19.02, FY2027 at $20.96, and FY2028 at $23.11, suggesting broadly steady earnings growth expectations overall.
• Negative Sentiment: The same analyst note included modest cuts to some near- and medium-term estimates, including Q2 2026, Q3 2026, Q4 2026, Q1 2027, Q2 2027, Q3 2027, FY2027, and FY2028, which may temper enthusiasm around the pace of earnings growth. AON report

Insider Transactions at AON

In other AON news, General Counsel Darren Zeidel sold 5,040 shares of AON stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $325.79, for a total value of $1,641,981.60. Following the transaction, the general counsel owned 20,254 shares in the company, valued at $6,598,550.66. This trade represents a 19.93% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 1.00% of the company’s stock.

AON Stock Up 0.6%

Shares of NYSE AON opened at $317.15 on Friday. Aon plc has a 1 year low of $304.59 and a 1 year high of $381.00. The firm’s 50 day moving average price is $322.45 and its 200 day moving average price is $335.24. The firm has a market cap of $67.74 billion, a P/E ratio of 17.41, a price-to-earnings-growth ratio of 1.68 and a beta of 0.72. The company has a debt-to-equity ratio of 1.36, a quick ratio of 1.95 and a current ratio of 1.95.

AON (NYSE:AON) last announced its earnings results on Saturday, May 2nd. The financial services provider reported $6.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $6.37 by $0.11. AON had a net margin of 22.54% and a return on equity of 43.50%. The firm had revenue of $5.03 billion for the quarter, compared to analyst estimates of $4.97 billion. During the same quarter last year, the business earned $5.67 earnings per share. AON’s revenue was up 6.4% compared to the same quarter last year. As a group, sell-side analysts anticipate that Aon plc will post 19.07 earnings per share for the current year.

AON Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Friday, May 1st were given a dividend of $0.82 per share. This represents a $3.28 dividend on an annualized basis and a yield of 1.0%. This is an increase from AON’s previous quarterly dividend of $0.75. The ex-dividend date was Friday, May 1st. AON’s dividend payout ratio (DPR) is 16.36%.

AON Company Profile

Aon plc is a global professional services firm that provides a broad suite of risk, retirement and health solutions to corporations, institutions and individuals. The company operates primarily as an insurance broker and risk adviser, helping clients identify, quantify and transfer risk across property, casualty, cyber and other areas. Aon also offers reinsurance brokerage and capital market solutions that connect insurers, reinsurers and corporate buyers.

In addition to traditional brokerage activities, Aon delivers consulting and outsourcing services in areas such as human capital, benefits, and retirement plan design and administration.