Kornitzer Capital Management Inc. KS Purchases 109,053 Shares of Aon plc $AON

Kornitzer Capital Management Inc. KS grew its position in Aon plc (NYSE:AON) by 272.3% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 149,103 shares of the financial services provider’s stock after buying an additional 109,053 shares during the period. Kornitzer Capital Management Inc. KS’s holdings in AON were worth $41,267,000 at the end of the most recent reporting period.

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

Insider Activity

In other AON news, Director Lester Knight bought 20,000 shares of the stock in a transaction that occurred on Wednesday, September 2nd. The stock was acquired at an average cost 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 $53,379,240. This trade represents a 13.99% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 1.00% of the company’s stock.

AON Stock Performance

AON stock opened at $334.57 on Friday. The business’s 50-day moving average price is $300.47 and its two-hundred day moving average price is $325.93. The company has a current ratio of 4.72, a quick ratio of 4.72 and a debt-to-equity ratio of 2.58. The firm has a market cap of $70.98 billion, a PE ratio of 18.32, a P/E/G ratio of 1.76 and a beta of 0.63. Aon plc has a 1-year low of $266.33 and a 1-year high of $382.34.

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

AON Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 13th. Investors of record on Monday, November 2nd will be given 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%.

Trending Headlines about AON

Here are the key news stories impacting AON this week:

• Positive Sentiment: Aon and funds managed by Blackstone are launching Cortina, a Lloyd’s syndicate intended to provide dedicated, multi-year reinsurance capacity. The venture could broaden capital available to clients, and participating Aon clients may receive a dividend. Cortina is expected to start underwriting on January 1, 2027, subject to final approvals, with QBE as managing agent. Article
• Positive Sentiment: Aon is expanding its Lloyd’s-backed follow-form client treaty facility to cover 35% for 2027, up from 28.5%, and adding facultative capacity for Canadian insurers. The move may strengthen Aon’s reinsurance offering and client relationships, though the expanded capacity is forward-looking. Article
• Positive Sentiment: BMO Capital Markets upgraded its rating on AON, a supportive analyst signal. The linked report does not provide the revised rating or price target. Article
• Neutral Sentiment: An Aon report forecasts India’s medical-cost growth will slow to 10.1% in 2027. This may be useful to clients, but the report’s outlook alone has no clear, direct near-term earnings implication for Aon. Article
• Negative Sentiment: Dowling & Partners lowered its 2026 earnings-per-share estimate to $18.50 from $18.70. The reduction is modest and close to the cited consensus estimate of $18.47, but may weigh on sentiment. Article

Analysts Set New Price Targets

AON has been the topic of several analyst reports. Cantor Fitzgerald increased their target price on AON from $400.00 to $410.00 and gave the company an “overweight” rating in a research note on Monday, November 2nd. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of AON in a research report on Tuesday, September 1st. Barclays lowered their price target on AON from $382.00 to $317.00 and set an “equal weight” rating for the company in a research note on Wednesday, October 7th. Zacks Research lowered shares of AON from a “hold” rating to a “strong sell” rating in a research note on Monday, October 26th. Finally, JPMorgan Chase & Co. decreased their price objective on shares of AON from $412.00 to $362.00 and set an “overweight” rating for the company in a report on Thursday, October 1st. Thirteen research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $369.12.

AON Profile

Aon plc is a global professional services firm that helps organizations manage risk and make decisions about their people and finances. Its services include insurance brokerage, risk consulting, reinsurance solutions, employee benefits consulting and retirement and investment advisory services.

The company serves businesses and institutions across a broad range of industries and geographies. Aon was formed in 1982 as Ryan Insurance Group and adopted the Aon name in 1987. It is headquartered in Dublin, Ireland, and operates internationally.

Greg Case has served as Aon’s chief executive officer since 2005.