Savant Capital LLC Has $2.87 Million Position in Aon plc (NYSE:AON)

Savant Capital LLC grew its position in shares of Aon plc (NYSE:AON) by 4.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 9,854 shares of the financial services provider’s stock after purchasing an additional 427 shares during the quarter. Savant Capital LLC’s holdings in AON were worth $2,868,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Integrated Advisors Network LLC boosted its stake in AON by 5.1% during the 3rd quarter. Integrated Advisors Network LLC now owns 665 shares of the financial services provider’s stock valued at $215,000 after purchasing an additional 32 shares during the last quarter. Capital Planning Advisors LLC grew its holdings in AON by 0.3% during the third quarter. Capital Planning Advisors LLC now owns 11,793 shares of the financial services provider’s stock worth $3,824,000 after buying an additional 35 shares in the last quarter. Valley Wealth Managers Inc. raised its position in AON by 4.9% in the 3rd quarter. Valley Wealth Managers Inc. now owns 777 shares of the financial services provider’s stock valued at $252,000 after buying an additional 36 shares during the last quarter. Lincoln National Corp lifted its stake in AON by 0.7% during the 3rd quarter. Lincoln National Corp now owns 5,446 shares of the financial services provider’s stock valued at $1,766,000 after acquiring an additional 37 shares in the last quarter. Finally, Atria Wealth Solutions Inc. grew its stake in shares of AON by 2.2% in the 3rd quarter. Atria Wealth Solutions Inc. now owns 1,727 shares of the financial services provider’s stock worth $560,000 after acquiring an additional 37 shares in the last quarter. Institutional investors and hedge funds own 86.14% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the stock. Wells Fargo & Company cut their price target on shares of AON from $300.00 to $289.00 and set an “underweight” rating on the stock in a report on Monday. Keefe, Bruyette & Woods boosted their price objective on AON from $294.00 to $312.00 and gave the stock an “underperform” rating in a research report on Wednesday, April 10th. Morgan Stanley raised their target price on AON from $325.00 to $327.00 and gave the company an “equal weight” rating in a research report on Monday, April 15th. The Goldman Sachs Group reduced their price target on shares of AON from $350.00 to $310.00 and set a “neutral” rating for the company in a research report on Tuesday, January 9th. Finally, UBS Group dropped their target price on shares of AON from $333.00 to $308.00 and set a “neutral” rating on the stock in a research note on Monday, February 5th. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat.com, AON currently has an average rating of “Hold” and a consensus target price of $329.69.

AON Price Performance

Shares of AON stock opened at $283.55 on Thursday. Aon plc has a 1 year low of $268.06 and a 1 year high of $347.37. The company’s fifty day simple moving average is $315.28 and its two-hundred day simple moving average is $313.15. The stock has a market capitalization of $61.65 billion, a price-to-earnings ratio of 22.22, a PEG ratio of 1.78 and a beta of 0.90.

AON (NYSE:AON) last issued its quarterly earnings data on Friday, April 26th. The financial services provider reported $5.66 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $5.86 by ($0.20). The company had revenue of $4.07 billion for the quarter, compared to analysts’ expectations of $4.14 billion. AON had a negative return on equity of 1,083.00% and a net margin of 19.04%. The business’s revenue for the quarter was up 5.1% on a year-over-year basis. During the same period last year, the company posted $5.17 EPS. Equities research analysts anticipate that Aon plc will post 15.59 EPS for the current year.

AON Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, May 15th. Shareholders of record on Wednesday, May 1st will be issued a $0.675 dividend. This represents a $2.70 annualized dividend and a yield of 0.95%. This is an increase from AON’s previous quarterly dividend of $0.62. The ex-dividend date is Tuesday, April 30th. AON’s dividend payout ratio (DPR) is presently 21.16%.

Insider Buying and Selling

In other news, insider Michael Neller sold 750 shares of the business’s stock in a transaction dated Thursday, February 15th. The stock was sold at an average price of $312.00, for a total transaction of $234,000.00. Following the completion of the transaction, the insider now owns 3,869 shares of the company’s stock, valued at $1,207,128. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, insider Michael Neller sold 750 shares of AON stock in a transaction on Thursday, February 15th. The shares were sold at an average price of $312.00, for a total transaction of $234,000.00. Following the completion of the sale, the insider now directly owns 3,869 shares of the company’s stock, valued at approximately $1,207,128. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Lisa Stevens sold 13,000 shares of the stock in a transaction on Friday, February 23rd. The shares were sold at an average price of $315.26, for a total value of $4,098,380.00. Following the completion of the transaction, the insider now directly owns 10,073 shares in the company, valued at approximately $3,175,613.98. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 74,532 shares of company stock worth $23,335,805. Corporate insiders own 1.15% of the company’s stock.

About AON

Aon plc, a professional services firm, provides a range of risk and human capital solutions worldwide. It offers commercial risk solutions, including retail brokerage, specialty solutions, global risk consulting and captives management, and affinity programs; and health solutions, such as health and benefits brokerages, and health care exchanges.