Shares of Aon plc Class A (NYSE:AON) reached a new 52-week high on Friday . The stock traded as high as $142.90 and last traded at $142.90, with a volume of 610,088 shares trading hands. The stock had previously closed at $138.61.

Several research firms have weighed in on AON. Citigroup Inc. boosted their target price on shares of Aon plc Class A from $144.00 to $155.00 and gave the company a “buy” rating in a research note on Thursday, July 13th. Langen Mcalenn lowered shares of Aon plc Class A from a “buy” rating to a “neutral” rating in a research note on Wednesday, June 21st. BidaskClub lowered shares of Aon plc Class A from a “strong-buy” rating to a “buy” rating in a research note on Friday, August 18th. Janney Montgomery Scott lowered shares of Aon plc Class A from a “buy” rating to a “neutral” rating in a research note on Wednesday, June 21st. Finally, Jefferies Group LLC reiterated a “buy” rating and set a $162.00 target price (up previously from $146.00) on shares of Aon plc Class A in a research note on Monday, July 24th. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating and six have given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $139.00.

The firm has a 50 day moving average of $138.84 and a 200-day moving average of $128.49. The company has a market capitalization of $36.28 billion, a price-to-earnings ratio of 20.84 and a beta of 1.02.

Aon plc Class A (NYSE:AON) last announced its earnings results on Friday, August 4th. The financial services provider reported $1.45 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $1.45. Aon plc Class A had a return on equity of 32.62% and a net margin of 17.28%. The company had revenue of $2.37 billion during the quarter, compared to analyst estimates of $2.37 billion. During the same period last year, the company posted $1.39 earnings per share. The firm’s quarterly revenue was up 3.8% compared to the same quarter last year. On average, analysts forecast that Aon plc Class A will post $6.50 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, August 15th. Stockholders of record on Tuesday, August 1st were paid a $0.36 dividend. The ex-dividend date of this dividend was Friday, July 28th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.01%. Aon plc Class A’s dividend payout ratio (DPR) is presently 20.48%.

In other news, CEO Michael J. O’connor sold 10,000 shares of the firm’s stock in a transaction on Wednesday, September 6th. The stock was sold at an average price of $140.28, for a total value of $1,402,800.00. Following the completion of the sale, the chief executive officer now directly owns 123,805 shares in the company, valued at $17,367,365.40. The sale was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 0.90% of the company’s stock.

Several large investors have recently made changes to their positions in AON. Janus Henderson Group PLC increased its stake in shares of Aon plc Class A by 1,108.1% in the second quarter. Janus Henderson Group PLC now owns 3,180,268 shares of the financial services provider’s stock valued at $422,814,000 after buying an additional 2,917,018 shares in the last quarter. Los Angeles Capital Management & Equity Research Inc. increased its stake in shares of Aon plc Class A by 2,385.5% in the second quarter. Los Angeles Capital Management & Equity Research Inc. now owns 1,224,194 shares of the financial services provider’s stock valued at $162,757,000 after buying an additional 1,174,940 shares in the last quarter. Vanguard Group Inc. increased its stake in shares of Aon plc Class A by 2.4% in the second quarter. Vanguard Group Inc. now owns 17,812,319 shares of the financial services provider’s stock valued at $2,368,149,000 after buying an additional 415,363 shares in the last quarter. Egerton Capital UK LLP acquired a new stake in shares of Aon plc Class A in the second quarter valued at $45,094,000. Finally, New York State Common Retirement Fund increased its stake in shares of Aon plc Class A by 16.1% in the second quarter. New York State Common Retirement Fund now owns 1,143,276 shares of the financial services provider’s stock valued at $151,999,000 after buying an additional 158,175 shares in the last quarter. Institutional investors own 84.32% of the company’s stock.

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Aon plc Class A 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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