AON (NYSE:AON) Research Coverage Started at Citigroup

Citigroup started coverage on shares of AON (NYSE:AON) in a research note published on Monday, Marketbeat reports. The brokerage issued a buy rating and a $435.00 target price on the financial services provider’s stock.

AON has been the subject of a number of other research reports. Morgan Stanley raised their price target on AON from $380.00 to $410.00 and gave the company an “overweight” rating in a research report on Wednesday, August 19th. Cantor Fitzgerald lowered their price objective on shares of AON from $445.00 to $433.00 and set an “overweight” rating on the stock in a research note on Tuesday, September 1st. JPMorgan Chase & Co. lifted their target price on shares of AON from $396.00 to $412.00 and gave the stock an “overweight” rating in a research report on Monday, July 13th. Weiss Ratings downgraded shares of AON from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday, September 17th. Finally, Evercore reissued an “outperform” rating and set a $423.00 price objective on shares of AON in a research note on Wednesday, September 2nd. Twelve investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $397.47.

AON Price Performance

AON stock opened at $281.49 on Monday. The firm has a 50 day moving average of $340.35 and a 200-day moving average of $331.72. The company has a market cap of $59.71 billion, a price-to-earnings ratio of 15.52, a PEG ratio of 1.45 and a beta of 0.66. The company has a current ratio of 1.54, a quick ratio of 1.54 and a debt-to-equity ratio of 1.34. AON has a 12-month low of $281.18 and a 12-month high of $382.34.

AON (NYSE:AON) last released its quarterly earnings data on Wednesday, July 29th. The financial services provider reported $3.81 earnings per share for the quarter, beating the consensus estimate of $3.80 by $0.01. The firm had revenue of $4.25 billion during the quarter, compared to the consensus estimate of $4.28 billion. AON had a return on equity of 42.13% and a net margin of 22.27%.AON’s quarterly revenue was up 2.2% on a year-over-year basis. During the same period last year, the business posted $3.49 EPS. As a group, equities analysts expect that AON will post 18.93 EPS for the current fiscal year.

AON Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, August 14th. Shareholders of record on Monday, August 3rd were issued a $0.82 dividend. This represents a $3.28 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date was Monday, August 3rd. AON’s dividend payout ratio is 18.08%.

Insider Activity

In related news, General Counsel Darren Zeidel sold 1,900 shares of the firm’s stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of $377.76, for a total transaction of $717,744.00. Following the sale, the general counsel owned 11,504 shares in the company, valued at approximately $4,345,751.04. This trade represents a 14.17% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Lester B. Knight purchased 20,000 shares of AON stock in a transaction on Wednesday, September 2nd. The shares were acquired at an average cost of $327.48 per share, for a total transaction of $6,549,600.00. Following the purchase, the director owned 163,000 shares in the company, valued at approximately $53,379,240. This trade represents a 13.99% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have sold a total of 4,450 shares of company stock worth $1,659,242 over the last ninety days. 1.00% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On AON

Several institutional investors have recently added to or reduced their stakes in AON. Capital World Investors boosted its stake in AON by 1.5% in the 4th quarter. Capital World Investors now owns 12,252,904 shares of the financial services provider’s stock worth $4,323,850,000 after buying an additional 176,207 shares during the last quarter. Geode Capital Management LLC increased its stake in shares of AON by 0.5% during the 4th quarter. Geode Capital Management LLC now owns 5,141,363 shares of the financial services provider’s stock valued at $1,810,726,000 after acquiring an additional 28,066 shares during the last quarter. Norges Bank purchased a new position in shares of AON during the 4th quarter worth about $1,155,981,000. Independent Franchise Partners LLP boosted its position in shares of AON by 0.9% in the fourth quarter. Independent Franchise Partners LLP now owns 2,115,523 shares of the financial services provider’s stock worth $746,526,000 after acquiring an additional 19,037 shares during the last quarter. Finally, Bank of America Corp DE grew its holdings in AON by 16.3% in the first quarter. Bank of America Corp DE now owns 1,582,680 shares of the financial services provider’s stock valued at $510,857,000 after purchasing an additional 222,092 shares during the period. 86.14% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting AON

Here are the key news stories impacting AON this week:

• Positive Sentiment: Aon appointed Jane Drummond as global chief commercial officer, effective January 1, 2027. Drummond currently leads the company’s Asia-Pacific commercial business, and the promotion could improve coordination of global sales efforts and support longer-term growth. Aon Appoints Jane Drummond as Global Chief Commercial Officer
• Positive Sentiment: Aon continues to strengthen specialist and regional operations, naming a new CEO for Aon Reinsurance Solutions Germany and hiring a senior vice president for fine art insurance at Huntington T. Block. These moves may support client retention and specialized revenue generation, although no immediate financial impact was disclosed. Aon Reinsurance Solutions Germany Names Esser CEO
• Neutral Sentiment: Aon projects Southeast Asian salary increases will remain stable at 5.2% in 2027. The outlook points to continued demand for compensation and human-capital advisory services, but it also signals persistent wage-cost pressure for corporate clients. Aon Projects Southeast Asia Salary Increases to Remain Stable at 5.2% in 2027
• Neutral Sentiment: Coverage of the Aon-USI and Baldwin transactions highlights broker valuation levels. High valuations could validate the attractiveness of insurance-broker assets, while also making future acquisitions more expensive for Aon. What Aon-USI and Baldwin Reveal About Broker Valuations
• Negative Sentiment: AON set a new 52-week low and remains well below its 50-day and 200-day moving averages. The weakness appears more closely tied to negative market sentiment and technical pressure than to a newly reported deterioration in fundamentals; the recent articles provide no major earnings warning or guidance cut. AON Sets New 52-Week Low

About AON

Aon plc is a global professional services firm that helps organizations manage risk, support workforce strategies and make informed decisions. Its principal activities include commercial risk brokerage, insurance and reinsurance consulting, retirement and investment advisory services, health and benefits consulting, and data- and analytics-based business solutions.

Aon serves businesses, governments, institutional investors and individuals across a broad range of industries and geographies.