Aon plc (NYSE:AON) Stock Has Average Target Price of $367.59 According to Brokerages

Shares of Aon plc (NYSE:AON) have earned an average rating of “Hold” from the twenty-two ratings firms that are covering the stock, MarketBeat reports. Three investment analysts have rated the stock with a sell recommendation, six have given a hold recommendation and thirteen have assigned a buy recommendation to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $369.12.

A number of research firms have commented on AON. Evercore reduced their price objective on shares of AON from $423.00 to $375.00 in a research note on Thursday, October 8th. Wall Street Zen downgraded shares of AON from a “hold” rating to a “sell” rating in a research report on Sunday, September 6th. Weiss Ratings lowered shares of AON from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, September 17th. The Goldman Sachs Group upped their target price on shares of AON from $375.00 to $401.00 and gave the company a “buy” rating in a research note on Friday, July 31st. Finally, Mizuho reduced their price target on shares of AON from $366.00 to $324.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 7th.

AON Stock Performance

AON stock opened at $329.88 on Friday. The stock has a market cap of $69.99 billion, a P/E ratio of 18.02, a price-to-earnings-growth ratio of 1.75 and a beta of 0.63. The company has a current ratio of 4.72, a quick ratio of 4.72 and a debt-to-equity ratio of 2.58. The stock has a 50 day moving average of $301.16 and a 200-day moving average of $325.95. AON has a 52 week low of $266.33 and a 52 week high of $382.34.

AON (NYSE:AON) last released its quarterly earnings results on Wednesday, October 28th. The financial services provider reported $3.36 earnings per share for the quarter, topping analysts’ consensus estimates of $3.30 by $0.06. The business had revenue of $4.10 billion during the quarter, compared to the consensus estimate of $4.08 billion. AON had a net margin of 22.24% and a return on equity of 40.46%. The business’s quarterly revenue was up 2.6% compared to the same quarter last year. During the same quarter last year, the company earned $3.05 earnings per share. On average, analysts expect that AON will post 18.55 EPS for the current fiscal year.

AON Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 13th. Shareholders of record on Monday, November 2nd will be paid a dividend of $0.82 per share. The ex-dividend date is Monday, November 2nd. This represents a $3.28 annualized dividend and a yield of 1.0%. AON’s dividend payout ratio is presently 17.96%.

Key AON News

Here are the key news stories impacting AON this week:

• Positive Sentiment: BMO Capital Markets upgraded AON from “market perform” to “outperform” and raised its price target to $380 from $319, signaling improved confidence in the shares. BMO Capital Markets stock recommendations
• Positive Sentiment: Aon and Munich Re launched a parametric pandemic-risk solution for Indonesia and the Philippines, extending Aon’s risk-transfer offerings in the region. Aon and Munich Re launch parametric pandemic solution
• Positive Sentiment: Aon leaders pointed to APAC insurance growth, rising demand for facultative reinsurance, and opportunities tied to emerging risks and protection gaps—potential avenues for future business. Aon’s Valera: APAC insurance growth Facultative demand rises across Asia
• Neutral Sentiment: Raymond James raised its rating from “underperform” to “market perform,” a less bearish stance but not an outright bullish recommendation. Raymond James upgrades Aon
• Negative Sentiment: UBS lowered its price target to $356 from $387 and maintained a “neutral” rating, indicating a more cautious view of AON’s valuation. UBS Group stock recommendations
• Negative Sentiment: Aon leaders noted that APAC markets are softening, which could weigh on near-term growth even as the company pursues profitable opportunities. Aon leaders outline path to profitable growth

Insider Transactions at AON

In other news, Director Lester Knight bought 20,000 shares of AON stock in a transaction on Wednesday, September 2nd. The shares were bought at an average price of $327.48 per share, with a total value of $6,549,600.00. Following the acquisition, the director directly owned 163,000 shares in the company, valued at approximately $53,379,240. This represents a 13.99% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.00% of the stock is owned by insiders.

Institutional Investors Weigh In On AON

A number of institutional investors have recently made changes to their positions in the company. Downshift Financial LLC grew its holdings in shares of AON by 15,700.0% during the third quarter. Downshift Financial LLC now owns 158 shares of the financial services provider’s stock valued at $44,000 after purchasing an additional 157 shares during the last quarter. Cassaday & Co Wealth Management LLC acquired a new stake in shares of AON during the 1st quarter worth approximately $61,000. Ashurst Perkins Coie Trust Co bought a new stake in shares of AON in the 3rd quarter worth approximately $60,000. Elevation Wealth Partners LLC lifted its holdings in shares of AON by 35.6% in the 2nd quarter. Elevation Wealth Partners LLC now owns 221 shares of the financial services provider’s stock worth $73,000 after purchasing an additional 58 shares during the last quarter. Finally, Basecamp Wealth Advisors LLC lifted its holdings in shares of AON by 25.0% in the 1st quarter. Basecamp Wealth Advisors LLC now owns 235 shares of the financial services provider’s stock worth $76,000 after purchasing an additional 47 shares during the last quarter. 86.14% of the stock is currently owned by institutional investors.

AON Company Profile

Aon plc is a global professional services firm that helps organizations manage risk, make informed decisions and improve workforce outcomes. Its services span commercial risk, health, retirement and investments, and data and analytics.

The company provides insurance brokerage and risk-management services, including coverage placement, claims support, risk transfer and consulting. Through its reinsurance business, Aon also serves insurers and other organizations seeking to manage catastrophe, capital and underwriting risks.

Aon’s human capital offerings include employee benefits consulting, retirement advisory services, talent and compensation consulting, and health and workforce solutions.