Pennsylvania Trust Co increased its position in shares of Aon PLC (NYSE:AON) by 0.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 53,473 shares of the company’s stock after buying an additional 265 shares during the period. Pennsylvania Trust Co’s holdings in Aon PLC were worth $6,015,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of AON. Massachusetts Financial Services Co. MA raised its position in shares of Aon PLC by 39.5% in the second quarter. Massachusetts Financial Services Co. MA now owns 13,690,923 shares of the company’s stock worth $1,495,461,000 after buying an additional 3,874,247 shares in the last quarter. Emerald Acquisition Ltd. acquired a new stake in Aon PLC during the second quarter worth about $159,612,000. SPF Beheer BV acquired a new stake in Aon PLC during the second quarter worth about $56,241,000. BloombergSen Inc. acquired a new stake in Aon PLC during the second quarter worth about $58,537,000. Finally, Artisan Partners Limited Partnership raised its stake in Aon PLC by 2.2% in the second quarter. Artisan Partners Limited Partnership now owns 13,510,473 shares of the company’s stock worth $1,475,749,000 after buying an additional 288,607 shares during the period. 84.02% of the stock is currently owned by institutional investors and hedge funds.

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

Aon PLC (NYSE:AON) traded up 0.77% during trading on Tuesday, hitting $113.65. The company had a trading volume of 937,112 shares. The company has a market capitalization of $29.90 billion, a price-to-earnings ratio of 20.95 and a beta of 1.02. Aon PLC has a one year low of $83.83 and a one year high of $113.99. The stock has a 50-day moving average of $110.61 and a 200 day moving average of $109.67.

Aon PLC (NYSE:AON) last announced its quarterly earnings results on Friday, October 28th. The company reported $1.29 earnings per share for the quarter, topping analysts’ consensus estimates of $1.28 by $0.01. The firm had revenue of $2.70 billion for the quarter, compared to the consensus estimate of $2.79 billion. Aon PLC had a return on equity of 30.61% and a net margin of 12.75%. The business’s revenue was up .1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.24 earnings per share. Equities analysts forecast that Aon PLC will post $6.50 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, November 15th. Shareholders of record on Tuesday, November 1st were given a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a yield of 1.17%. The ex-dividend date was Friday, October 28th. Aon PLC’s dividend payout ratio (DPR) is presently 24.49%.

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A number of analysts have issued reports on the company. Keefe, Bruyette & Woods raised Aon PLC from a “market perform” rating to an “outperform” rating and raised their target price for the company from $118.00 to $130.00 in a report on Monday, November 21st. Zacks Investment Research raised Aon PLC from a “sell” rating to a “hold” rating in a report on Tuesday, November 8th. Sandler O’Neill raised Aon PLC from a “hold” rating to a “buy” rating in a report on Monday, November 7th. Royal Bank Of Canada lowered Aon PLC from an “outperform” rating to a “sector perform” rating in a report on Monday, October 31st. Finally, RBC Capital Markets lowered Aon PLC from an “outperform” rating to a “sector perform” rating and set a $116.00 target price on the stock. in a report on Monday, October 31st. They noted that the move was a valuation call. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and six have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $112.75.

About Aon PLC

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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