Aon plc $AON Position Increased by Pinnacle Associates Ltd.

Pinnacle Associates Ltd. raised its position in Aon plc (NYSE:AON) by 5,002.9% during the third quarter, Holdings Channel reports. The fund owned 104,966 shares of the financial services provider’s stock after acquiring an additional 102,909 shares during the period. Pinnacle Associates Ltd.’s holdings in AON were worth $29,051,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Robeco Institutional Asset Management B.V. grew its stake in shares of AON by 11,179.6% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 4,026,135 shares of the financial services provider’s stock valued at $1,114,313,000 after purchasing an additional 3,990,441 shares during the period. Bank of America Corp DE increased its position in shares of AON by 16.3% during the 1st quarter. Bank of America Corp DE now owns 1,582,680 shares of the financial services provider’s stock valued at $510,857,000 after purchasing an additional 222,092 shares during the last quarter. Amundi lifted its stake in shares of AON by 23.5% in the 1st quarter. Amundi now owns 1,502,890 shares of the financial services provider’s stock worth $485,103,000 after purchasing an additional 285,549 shares during the period. Dimensional Fund Advisors LP lifted its stake in shares of AON by 20.5% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,253,769 shares of the financial services provider’s stock worth $404,709,000 after purchasing an additional 213,051 shares during the period. Finally, Ninety One UK Ltd boosted its holdings in shares of AON by 419.8% in the third quarter. Ninety One UK Ltd now owns 836,932 shares of the financial services provider’s stock worth $231,638,000 after buying an additional 675,919 shares during the last quarter. 86.14% of the stock is owned by hedge funds and other institutional investors.

AON Stock Performance

Shares of AON opened at $296.95 on Wednesday. The company has a quick ratio of 1.54, a current ratio of 1.54 and a debt-to-equity ratio of 1.34. The business has a 50-day simple moving average of $308.36 and a two-hundred day simple moving average of $325.71. The stock has a market cap of $62.99 billion, a price-to-earnings ratio of 16.37, a PEG ratio of 1.52 and a beta of 0.70. Aon plc has a 52 week low of $266.33 and a 52 week high of $382.34.

AON (NYSE:AON) last posted its quarterly earnings data on Wednesday, July 29th. The financial services provider reported $3.81 EPS for the quarter, topping the consensus estimate of $3.80 by $0.01. AON had a return on equity of 42.13% and a net margin of 22.27%. The firm had revenue of $4.25 billion for the quarter, compared to the consensus estimate of $4.28 billion. During the same quarter last year, the company earned $3.49 earnings per share. The business’s revenue for the quarter was up 2.2% compared to the same quarter last year. On average, analysts expect that Aon plc will post 18.73 EPS for the current year.

AON Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, November 13th. Investors of record on Monday, November 2nd will be issued a $0.82 dividend. This represents a $3.28 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Monday, November 2nd. AON’s dividend payout ratio is currently 18.08%.

Insider Buying and Selling

In other news, Director Lester Knight bought 20,000 shares of the firm’s stock in a transaction on Wednesday, September 2nd. The shares were bought at an average price of $327.48 per share, for a total transaction of $6,549,600.00. Following the purchase, the director owned 163,000 shares in the company, valued at approximately $53,379,240. The trade was a 13.99% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, General Counsel Darren Zeidel sold 1,900 shares of AON stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of $377.76, for a total transaction of $717,744.00. Following the transaction, the general counsel directly owned 11,504 shares in the company, valued at $4,345,751.04. This represents a 14.17% decrease in their position. The SEC filing for this sale provides additional information. 1.00% of the stock is currently owned by company insiders.

Key AON News

Here are the key news stories impacting AON this week:

• Positive Sentiment: Zacks Research projects Aon earnings of $20.05 per share in 2027 and $22.33 per share in 2028, compared with the current-year consensus of $18.73. The forecasts suggest continued earnings growth and may support the stock’s recent strength. Zacks Research earnings estimates
• Positive Sentiment: Aon said improving conditions in Canada’s property-and-casualty insurance market could create more favorable conditions for business decision-makers entering 2027, potentially supporting client activity and brokerage opportunities. Strong Canadian Property and Casualty Market Creates More Favourable Conditions for Business Decision Makers Entering 2027
• Neutral Sentiment: Aon highlighted that Canadian insurance rates are easing, while elevated U.S. litigation risks remain a challenge. Lower rates may benefit customers but could limit pricing-related revenue growth for brokers. Canadian businesses see insurance rates ease, but US litigation risks remain a problem
• Neutral Sentiment: Aon executives said reinsurers need to accept more risk, while the company’s industry outlook warned that traditional insurance “cash cows” are coming under pressure. The comments point to changing market conditions but do not represent a direct earnings revision. Aon’s De Bosini: Reinsurers need to lean towards risk
• Negative Sentiment: Investor scrutiny of the price tag for Aon’s USI deal continues to pressure the shares, raising concerns about acquisition returns, integration execution and leverage. Aon plc Underperforms Amid Scrutiny Over USI Deal Price Tag
• Negative Sentiment: Morgan Stanley lowered its price target for Aon to $350, a cautious signal even though the target remains above the recent trading level. Morgan Stanley cuts target to $350

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on AON shares. Bank of America boosted their target price on shares of AON from $298.00 to $327.00 and gave the company an “underperform” rating in a research report on Wednesday, July 15th. BMO Capital Markets decreased their price target on shares of AON from $360.00 to $286.00 and set a “market perform” rating on the stock in a research report on Thursday, October 1st. Weiss Ratings downgraded shares of AON from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday, September 17th. TD Cowen lifted their price target on shares of AON from $416.00 to $420.00 and gave the stock a “buy” rating in a research note on Monday, September 14th. Finally, Wall Street Zen downgraded shares of AON from a “hold” rating to a “sell” rating in a research report on Sunday, September 6th. Twelve investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $367.59.

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.