MassMutual Private Wealth & Trust FSB Has $214,000 Stock Holdings in Aon plc (NYSE:AON)

MassMutual Private Wealth & Trust FSB raised its holdings in shares of Aon plc (NYSE:AON) by 11.0% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 595 shares of the financial services provider’s stock after acquiring an additional 59 shares during the quarter. MassMutual Private Wealth & Trust FSB’s holdings in AON were worth $214,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in AON. Anchor Investment Management LLC increased its stake in AON by 1,162.5% in the 3rd quarter. Anchor Investment Management LLC now owns 101 shares of the financial services provider’s stock valued at $35,000 after buying an additional 93 shares during the last quarter. First Personal Financial Services bought a new position in shares of AON in the 3rd quarter valued at about $37,000. RPg Family Wealth Advisory LLC acquired a new stake in shares of AON in the third quarter valued at about $42,000. Eastern Bank bought a new stake in AON during the third quarter worth about $43,000. Finally, Nemes Rush Group LLC acquired a new position in AON during the second quarter valued at approximately $45,000. Institutional investors own 86.14% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have weighed in on AON shares. Bank of America boosted their price target on AON from $345.00 to $375.00 and gave the stock an “underperform” rating in a research report on Thursday, October 10th. Barclays upped their price target on shares of AON from $394.00 to $440.00 and gave the stock an “overweight” rating in a research report on Thursday, November 21st. Jefferies Financial Group raised their price objective on AON from $344.00 to $365.00 and gave the company a “hold” rating in a research report on Wednesday, October 9th. Wells Fargo & Company raised AON from an “equal weight” rating to an “overweight” rating and boosted their target price for the stock from $377.00 to $410.00 in a report on Tuesday, January 14th. Finally, Keefe, Bruyette & Woods reduced their price objective on shares of AON from $415.00 to $411.00 and set an “outperform” rating for the company in a research report on Friday, January 10th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, AON currently has an average rating of “Hold” and a consensus price target of $370.87.

Insider Transactions at AON

In related news, COO Mindy F. Simon sold 650 shares of the firm’s stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $394.34, for a total value of $256,321.00. Following the completion of the transaction, the chief operating officer now owns 1,816 shares in the company, valued at $716,121.44. This trade represents a 26.36 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Lisa Stevens sold 1,275 shares of the business’s stock in a transaction that occurred on Tuesday, November 26th. The stock was sold at an average price of $387.68, for a total transaction of $494,292.00. Following the sale, the insider now directly owns 8,077 shares in the company, valued at $3,131,291.36. The trade was a 13.63 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.30% of the company’s stock.

AON Stock Down 0.2 %

AON stock opened at $367.27 on Thursday. The stock has a market capitalization of $79.43 billion, a P/E ratio of 30.99, a price-to-earnings-growth ratio of 1.99 and a beta of 0.93. The company has a current ratio of 2.05, a quick ratio of 2.05 and a debt-to-equity ratio of 2.66. The firm has a 50-day moving average price of $368.22 and a 200-day moving average price of $350.41. Aon plc has a 12 month low of $268.06 and a 12 month high of $395.33.

AON Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, February 14th. Shareholders of record on Monday, February 3rd will be paid a dividend of $0.675 per share. The ex-dividend date is Monday, February 3rd. This represents a $2.70 dividend on an annualized basis and a dividend yield of 0.74%. AON’s payout ratio is presently 22.78%.

About AON

Aon Plc engages in the provision of risk, health, and wealth solutions. It focuses on risk capital including claim management, reinsurance, risk analysis, management, retention, and transfer; and human capital involving analytics, health and benefits, investments, pensions and retirement, talent and rewards, and workplace wellbeing.