AON (NYSE:AON) Price Target Raised to $410.00

AON (NYSE:AON) had its price objective lifted by Cantor Fitzgerald from $400.00 to $410.00 in a research report released on Monday morning,Benzinga reports. The firm currently has an overweight rating on the financial services provider’s stock.

A number of other research firms have also weighed in on AON. Piper Sandler cut their price objective on shares of AON from $391.00 to $349.00 and set a “neutral” rating for the company in a research report on Tuesday, September 1st. Wall Street Zen downgraded shares of AON from a “hold” rating to a “sell” rating in a research note on Sunday, September 6th. BMO Capital Markets decreased their target price 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. Bank of America boosted their price target on AON from $298.00 to $327.00 and gave the company an “underperform” rating in a report on Wednesday, July 15th. Finally, Raymond James Financial raised AON from an “underperform” rating to a “market perform” rating in a research note on Monday. Thirteen analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $369.12.

AON Trading Up 4.5%

AON stock opened at $344.87 on Monday. The stock has a 50-day moving average price of $300.96 and a 200 day moving average price of $325.95. AON has a 52 week low of $266.33 and a 52 week high of $382.34. The stock has a market cap of $73.17 billion, a PE ratio of 17.85, a P/E/G ratio of 1.74 and a beta of 0.63. The company has a current ratio of 4.72, a quick ratio of 4.72 and a debt-to-equity ratio of 2.58.

AON (NYSE:AON) last released its earnings results on Wednesday, October 28th. The financial services provider reported $3.36 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.30 by $0.06. AON had a net margin of 22.24% and a return on equity of 40.46%. The company had revenue of $4.10 billion for the quarter, compared to analyst estimates of $4.08 billion. During the same period in the prior year, the firm earned $3.05 EPS. The firm’s quarterly revenue was up 2.6% on a year-over-year basis. Equities research analysts predict that AON will post 18.49 earnings per share for the current fiscal year.

AON Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 13th. Stockholders of record on Monday, November 2nd will be issued a dividend of $0.82 per share. This represents a $3.28 annualized dividend and a dividend yield of 1.0%. The ex-dividend date is Monday, November 2nd. AON’s dividend payout ratio is presently 17.96%.

Insider Activity

In related news, Director Lester Knight bought 20,000 shares of the firm’s stock in a transaction that occurred on Wednesday, September 2nd. The shares were acquired at an average cost of $327.48 per share, with a total value of $6,549,600.00. Following the completion of the transaction, the director owned 163,000 shares of the company’s stock, valued at approximately $53,379,240. The trade was a 13.99% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Corporate insiders own 1.00% of the company’s stock.

Hedge Funds Weigh In On AON

Several institutional investors and hedge funds have recently bought and sold shares of AON. Diversify Advisory Services LLC lifted its position in AON by 5,225.7% during the 3rd quarter. Diversify Advisory Services LLC now owns 194,070 shares of the financial services provider’s stock worth $53,713,000 after acquiring an additional 190,426 shares in the last quarter. NBT Bank N.A. purchased a new position in AON in the 3rd quarter worth approximately $10,117,000. Wellington Management Group LLP boosted its holdings in AON by 16.4% in the 2nd quarter. Wellington Management Group LLP now owns 106,370 shares of the financial services provider’s stock worth $35,282,000 after acquiring an additional 14,996 shares during the period. Farmers & Merchants Investments Inc. grew its position in AON by 76,726.4% in the third quarter. Farmers & Merchants Investments Inc. now owns 113,703 shares of the financial services provider’s stock valued at $31,470,000 after acquiring an additional 113,555 shares in the last quarter. Finally, CYBER HORNET ETFs LLC grew its position in AON by 4,903.4% in the second quarter. CYBER HORNET ETFs LLC now owns 29,470 shares of the financial services provider’s stock valued at $9,775,000 after acquiring an additional 28,881 shares in the last quarter. Institutional investors and hedge funds own 86.14% of the company’s stock.

Key Stories Impacting AON

Here are the key news stories impacting AON this week:

• Positive Sentiment: Analyst sentiment has improved overall. BMO upgraded AON to “outperform” and raised its price target to $380 from $319. Raymond James also upgraded the stock, while Cantor Fitzgerald and Wells Fargo analysts were reported as expecting shares to rise. Read More., Read More., Read More., Read More..
• Positive Sentiment: Q3 results showed modest growth and beat estimates. Aon reported adjusted earnings of $3.36 per share versus the $3.30 consensus and revenue of $4.10 billion versus $4.08 billion. Investors are also watching the pending USI closing. Read More..
• Positive Sentiment: Aon expanded its client treaty for 2027. The renewed Aon Client Treaty will provide 35% co-insurance on eligible business, up from 28.5% in 2026, and extend the 1.5% client dividend to a larger share of eligible placements. This could strengthen the appeal of Aon’s broking and reinsurance services. Read More..
• Neutral Sentiment: Aon and Munich Re introduced a parametric pandemic insurance solution for Indonesia and the Philippines, broadening their offerings, though the near-term revenue impact is unclear. Read More..
• Neutral Sentiment: Aon says growing capacity and alternative capital are giving insurance buyers more options and easing pricing. This may support placement activity, but softer prices could also weigh on premiums and related brokerage revenue. Read More..
• Negative Sentiment: UBS cut its price target on AON, a cautionary view amid otherwise favorable analyst headlines. Read More..

About AON

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.