Rakuten Investment Management Inc. Makes New $10.34 Million Investment in Aon plc $AON

Rakuten Investment Management Inc. acquired a new stake in shares of Aon plc (NYSE:AON) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor acquired 37,474 shares of the financial services provider’s stock, valued at approximately $10,339,000.

Other hedge funds also recently made changes to their positions in the company. Robeco Institutional Asset Management B.V. grew its position in AON by 11,179.6% in the third quarter. Robeco Institutional Asset Management B.V. now owns 4,026,135 shares of the financial services provider’s stock worth $1,114,313,000 after acquiring an additional 3,990,441 shares in the last quarter. Ninety One UK Ltd raised its position in AON by 419.8% during the third quarter. Ninety One UK Ltd now owns 836,932 shares of the financial services provider’s stock valued at $231,638,000 after purchasing an additional 675,919 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its position in AON by 74.7% during the first quarter. Arrowstreet Capital Limited Partnership now owns 797,418 shares of the financial services provider’s stock valued at $257,391,000 after purchasing an additional 340,866 shares in the last quarter. The Manufacturers Life Insurance Company lifted its stake in AON by 136.1% during the first quarter. The Manufacturers Life Insurance Company now owns 547,850 shares of the financial services provider’s stock worth $176,835,000 after purchasing an additional 315,817 shares during the last quarter. Finally, Evergreen Capital Management LLC lifted its stake in AON by 10,298.7% during the third quarter. Evergreen Capital Management LLC now owns 290,747 shares of the financial services provider’s stock worth $80,470,000 after purchasing an additional 287,951 shares during the last quarter. 86.14% of the stock is owned by institutional investors.

AON Price Performance

Shares of NYSE:AON opened at $344.43 on Friday. The stock has a market cap of $73.07 billion, a PE ratio of 18.86, a PEG ratio of 1.82 and a beta of 0.63. The company’s fifty day moving average is $300.76 and its 200 day moving average is $325.95. Aon plc has a 52 week low of $266.33 and a 52 week high of $382.34. The company has a quick ratio of 4.72, a current ratio of 4.72 and a debt-to-equity ratio of 2.58.

AON (NYSE:AON) last posted its quarterly earnings results on Wednesday, October 28th. The financial services provider reported $3.36 earnings per share for the quarter, topping the consensus estimate of $3.30 by $0.06. AON had a net margin of 22.24% and a return on equity of 40.46%. The business had revenue of $4.10 billion during the quarter, compared to the consensus estimate of $4.08 billion. During the same period in the previous year, the firm posted $3.05 earnings per share. The firm’s revenue for the quarter was up 2.6% on a year-over-year basis. Research analysts anticipate that Aon plc will post 18.47 earnings per share for the current year.

AON Announces Dividend

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 $0.82 dividend. The ex-dividend date is Monday, November 2nd. This represents a $3.28 annualized dividend and a dividend yield of 1.0%. AON’s payout ratio is currently 17.96%.

Key Stories Impacting AON

Here are the key news stories impacting AON this week:

• Positive Sentiment: Aon renewed its Aon Client Treaty for 2027, raising co-insurance on eligible business from 28.5% to 35%. The expansion also applies the 1.5% client dividend to a larger share of eligible placements and adds facultative capacity. It strengthens Aon’s offering to clients, though the announcement did not quantify its earnings impact. Aon Client Treaty expands to 35% co-insurance for 2027
• Positive Sentiment: Aon and Munich Re launched a pandemic reinsurance solution for insurers in Indonesia and the Philippines, potentially creating a new offering in markets with coverage gaps. Aon and Munich Re launch pandemic reinsurance solution
• Neutral Sentiment: Analyst views were mixed: BMO Capital Markets upgraded AON, while UBS cut its price target; Cantor Fitzgerald and Wells Fargo coverage headlines also pointed to expected upside. BMO upgrades AON UBS cuts AON price target
• Negative Sentiment: Dowling & Partners lowered its 2026 EPS estimate to $18.50 from $18.70, although that remains close to the $18.49 consensus estimate. AON analyst estimate update

Analysts Set New Price Targets

Several equities analysts have recently commented on AON shares. UBS Group reduced their price objective on AON from $387.00 to $356.00 and set a “neutral” rating on the stock in a research report on Monday. Cantor Fitzgerald boosted their target price on AON from $400.00 to $410.00 and gave the stock an “overweight” rating in a research report on Monday. Weiss Ratings downgraded AON from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday, September 17th. The Goldman Sachs Group upped their target price on AON from $375.00 to $401.00 and gave the stock a “buy” rating in a research note on Friday, July 31st. Finally, Jefferies Financial Group reduced their price target on shares of AON from $387.00 to $383.00 and set a “buy” rating on the stock in a research report on Wednesday, September 30th. Thirteen equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $369.12.

Insider Buying and Selling at AON

In related news, Director Lester Knight bought 20,000 shares of the stock in a transaction dated Wednesday, September 2nd. The stock was bought at an average price of $327.48 per share, with a total value 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 position. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Company insiders own 1.00% of the company’s stock.

AON 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.