Equities analysts expect Aon PLC (NYSE:AON) to report $1.43 earnings per share (EPS) for the current fiscal quarter, according to Zacks. Six analysts have provided estimates for AON’s earnings, with the lowest EPS estimate coming in at $1.35 and the highest estimate coming in at $1.50. AON reported earnings of $1.31 per share during the same quarter last year, which would indicate a positive year over year growth rate of 9.2%. The business is expected to issue its next earnings report on Friday, October 25th.

On average, analysts expect that AON will report full year earnings of $9.12 per share for the current fiscal year, with EPS estimates ranging from $9.00 to $9.20. For the next year, analysts expect that the firm will post earnings of $10.35 per share, with EPS estimates ranging from $10.20 to $10.54. Zacks’ earnings per share averages are a mean average based on a survey of sell-side analysts that follow AON.

AON (NYSE:AON) last posted its quarterly earnings data on Friday, July 26th. The financial services provider reported $1.87 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.88 by ($0.01). The business had revenue of $2.61 billion for the quarter, compared to the consensus estimate of $2.69 billion. AON had a net margin of 13.14% and a return on equity of 48.75%. The business’s revenue for the quarter was up 1.8% on a year-over-year basis. During the same quarter last year, the business posted $1.71 EPS.

AON has been the subject of a number of research reports. Wells Fargo & Co restated a “hold” rating and set a $195.00 target price on shares of AON in a report on Friday, July 26th. UBS Group upped their price target on AON from $181.00 to $196.00 and gave the company a “neutral” rating in a report on Monday, July 29th. Atlantic Securities cut AON from an “overweight” rating to a “neutral” rating and set a $190.00 price target on the stock. in a report on Friday, June 14th. ValuEngine downgraded AON from a “buy” rating to a “hold” rating in a research report on Tuesday, August 6th. Finally, Barclays set a $190.00 price objective on AON and gave the stock a “hold” rating in a research note on Monday, August 12th. Eleven research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $186.64.

Shares of NYSE AON traded up $1.09 during midday trading on Friday, reaching $188.38. The company’s stock had a trading volume of 823,447 shares, compared to its average volume of 944,737. AON has a one year low of $135.30 and a one year high of $198.61. The company has a market cap of $45.62 billion, a price-to-earnings ratio of 23.09, a price-to-earnings-growth ratio of 1.78 and a beta of 0.86. The company has a 50 day moving average price of $191.77 and a 200 day moving average price of $183.25. The company has a current ratio of 1.83, a quick ratio of 1.83 and a debt-to-equity ratio of 1.72.

The company also recently announced a quarterly dividend, which was paid on Thursday, August 15th. Shareholders of record on Thursday, August 1st were issued a $0.44 dividend. This represents a $1.76 annualized dividend and a dividend yield of 0.93%. The ex-dividend date of this dividend was Wednesday, July 31st. AON’s payout ratio is 21.57%.

In related news, COO John G. Bruno sold 7,600 shares of the company’s stock in a transaction that occurred on Friday, August 30th. The shares were sold at an average price of $192.30, for a total value of $1,461,480.00. Following the completion of the sale, the chief operating officer now owns 46,252 shares in the company, valued at approximately $8,894,259.60. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Michael Neller sold 750 shares of the firm’s stock in a transaction that occurred on Tuesday, September 3rd. The stock was sold at an average price of $193.29, for a total transaction of $144,967.50. Following the completion of the transaction, the insider now directly owns 2,192 shares of the company’s stock, valued at approximately $423,691.68. The disclosure for this sale can be found here. Company insiders own 0.92% of the company’s stock.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. CWM LLC boosted its stake in AON by 12.7% during the second quarter. CWM LLC now owns 506 shares of the financial services provider’s stock worth $98,000 after buying an additional 57 shares in the last quarter. Cornerstone Advisors Inc. raised its stake in shares of AON by 3.7% in the second quarter. Cornerstone Advisors Inc. now owns 1,637 shares of the financial services provider’s stock valued at $316,000 after acquiring an additional 59 shares during the last quarter. Municipal Employees Retirement System of Michigan boosted its holdings in shares of AON by 1.8% in the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 3,320 shares of the financial services provider’s stock worth $641,000 after acquiring an additional 60 shares in the last quarter. Park Avenue Securities LLC boosted its holdings in shares of AON by 5.5% in the 2nd quarter. Park Avenue Securities LLC now owns 1,218 shares of the financial services provider’s stock worth $235,000 after acquiring an additional 63 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. grew its position in AON by 1.1% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 5,735 shares of the financial services provider’s stock worth $979,000 after acquiring an additional 65 shares during the last quarter. Hedge funds and other institutional investors own 85.83% of the company’s stock.

About AON

Aon plc, a professional services firm, provides advisory and solutions based on risk, retirement, and health to clients. It offers commercial risk solutions, including retail brokerage, cyber, and global risk consulting solutions, as well as acts as a captive insurance provider; and health solutions, such as health and benefits brokerages, and health care exchanges.

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