AON (NYSE:AON) was downgraded by investment analysts at ValuEngine from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Thursday.

Several other equities analysts have also recently issued reports on the company. Zacks Investment Research upgraded AON from a “hold” rating to a “buy” rating and set a $171.00 price objective for the company in a research note on Wednesday, October 25th. Keefe, Bruyette & Woods reiterated a “buy” rating and issued a $154.00 price objective on shares of AON in a research note on Monday, October 16th. Barclays lifted their price objective on AON from $135.00 to $140.00 and gave the company an “equal weight” rating in a research note on Monday, October 16th. BidaskClub upgraded AON from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 12th. Finally, Royal Bank Of Canada reiterated a “hold” rating and issued a $143.00 price objective on shares of AON in a research note on Wednesday, September 6th. One equities research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and four have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $145.08.

AON (AON) traded up $0.03 during midday trading on Thursday, reaching $138.49. The company’s stock had a trading volume of 652,962 shares, compared to its average volume of 1,095,221. The firm has a market cap of $34,600.84, a P/E ratio of 20.51, a P/E/G ratio of 1.80 and a beta of 1.04. The company has a debt-to-equity ratio of 1.08, a quick ratio of 2.35 and a current ratio of 2.35. AON has a 52 week low of $109.82 and a 52 week high of $152.78.

AON (NYSE:AON) last released its earnings results on Friday, October 27th. The financial services provider reported $1.29 earnings per share for the quarter, beating the consensus estimate of $1.28 by $0.01. The company had revenue of $2.34 billion during the quarter, compared to the consensus estimate of $2.29 billion. AON had a return on equity of 32.71% and a net margin of 16.78%. AON’s revenue was up 6.3% compared to the same quarter last year. During the same period in the previous year, the company posted $1.29 EPS. sell-side analysts anticipate that AON will post 6.53 EPS for the current fiscal year.

In related news, SVP Laurel G. Meissner sold 4,000 shares of the business’s stock in a transaction that occurred on Thursday, November 30th. The stock was sold at an average price of $141.20, for a total transaction of $564,800.00. Following the completion of the sale, the senior vice president now owns 12,314 shares in the company, valued at $1,738,736.80. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Michael J. O’connor sold 10,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 19th. The stock was sold at an average price of $145.00, for a total value of $1,450,000.00. Following the sale, the chief executive officer now owns 123,805 shares of the company’s stock, valued at approximately $17,951,725. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 51,680 shares of company stock valued at $7,353,887. 0.90% of the stock is owned by company insiders.

Hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. lifted its stake in AON by 2.4% in the second quarter. Vanguard Group Inc. now owns 17,812,319 shares of the financial services provider’s stock valued at $2,368,149,000 after buying an additional 415,363 shares during the last quarter. BlackRock Inc. lifted its stake in AON by 0.6% in the second quarter. BlackRock Inc. now owns 15,663,729 shares of the financial services provider’s stock valued at $2,082,493,000 after buying an additional 100,762 shares during the last quarter. Longview Partners Guernsey LTD lifted its stake in AON by 4.5% in the third quarter. Longview Partners Guernsey LTD now owns 7,001,377 shares of the financial services provider’s stock valued at $1,022,901,000 after buying an additional 301,300 shares during the last quarter. Mawer Investment Management Ltd. lifted its stake in AON by 0.7% in the third quarter. Mawer Investment Management Ltd. now owns 5,169,376 shares of the financial services provider’s stock valued at $755,246,000 after buying an additional 38,212 shares during the last quarter. Finally, Janus Henderson Group PLC lifted its stake in AON by 9.8% in the third quarter. Janus Henderson Group PLC now owns 3,492,001 shares of the financial services provider’s stock valued at $510,175,000 after buying an additional 311,733 shares during the last quarter. Hedge funds and other institutional investors own 87.66% of the company’s stock.

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AON Company Profile

Aon plc (Aon) is a global provider of risk management services, insurance and reinsurance brokerage, and human resource consulting and outsourcing, delivering distinctive client value via risk management and workforce productivity solutions. The Company operates in two segments: Risk Solutions and Human Resource (HR) Solutions.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for AON (NYSE:AON)

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