Aon plc (NYSE:AON) Shares Acquired by Captrust Financial Advisors

Captrust Financial Advisors lifted its position in Aon plc (NYSE:AON) by 11.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 23,056 shares of the financial services provider’s stock after purchasing an additional 2,315 shares during the quarter. Captrust Financial Advisors’ holdings in AON were worth $7,977,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Valley Wealth Managers Inc. increased its holdings in shares of AON by 3.3% during the 3rd quarter. Valley Wealth Managers Inc. now owns 886 shares of the financial services provider’s stock worth $307,000 after buying an additional 28 shares during the last quarter. CVA Family Office LLC raised its position in AON by 8.4% in the third quarter. CVA Family Office LLC now owns 373 shares of the financial services provider’s stock valued at $129,000 after purchasing an additional 29 shares during the period. Amplius Wealth Advisors LLC lifted its stake in shares of AON by 2.4% in the 3rd quarter. Amplius Wealth Advisors LLC now owns 1,331 shares of the financial services provider’s stock valued at $460,000 after purchasing an additional 31 shares during the last quarter. Intellectus Partners LLC grew its holdings in shares of AON by 3.2% during the 3rd quarter. Intellectus Partners LLC now owns 992 shares of the financial services provider’s stock worth $343,000 after purchasing an additional 31 shares during the period. Finally, waypoint wealth counsel increased its position in shares of AON by 3.6% during the 3rd quarter. waypoint wealth counsel now owns 927 shares of the financial services provider’s stock worth $321,000 after purchasing an additional 32 shares during the last quarter. 86.14% of the stock is currently owned by institutional investors and hedge funds.

AON Price Performance

AON stock opened at $391.54 on Monday. The stock has a market cap of $84.68 billion, a P/E ratio of 33.04, a price-to-earnings-growth ratio of 2.45 and a beta of 0.91. The company has a fifty day simple moving average of $366.76 and a 200-day simple moving average of $331.55. The company has a current ratio of 2.05, a quick ratio of 2.05 and a debt-to-equity ratio of 2.66. Aon plc has a 12-month low of $268.06 and a 12-month high of $395.33.

AON Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Stockholders of record on Friday, November 1st were issued a $0.675 dividend. The ex-dividend date was Friday, November 1st. This represents a $2.70 dividend on an annualized basis and a dividend yield of 0.69%. AON’s payout ratio is currently 22.78%.

Insider Transactions at AON

In related news, insider Lisa Stevens sold 1,275 shares of AON stock in a transaction on Tuesday, November 26th. The shares were 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. This trade represents a 13.63 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 1.30% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on AON shares. TD Cowen increased their target price on shares of AON from $413.00 to $432.00 in a research note on Thursday, October 24th. Bank of America boosted their target price on AON from $345.00 to $375.00 and gave the company an “underperform” rating in a research report on Thursday, October 10th. Deutsche Bank Aktiengesellschaft raised their price target on AON from $311.00 to $353.00 and gave the stock a “hold” rating in a research report on Monday, August 26th. BMO Capital Markets increased their target price on AON from $325.00 to $380.00 and gave the stock a “market perform” rating in a research note on Monday, November 4th. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $335.00 target price on shares of AON in a research report on Monday, August 5th. One research analyst has rated the stock with a sell rating, eleven have given a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, AON currently has a consensus rating of “Hold” and a consensus target price of $362.06.

AON Profile

Aon plc, a professional services firm, provides a range of risk and human capital solutions worldwide. It offers commercial risk solutions, including retail brokerage, specialty solutions, global risk consulting and captives management, and affinity programs; and health solutions, such as health and benefits brokerages, and health care exchanges.