Aon plc Class A (AON) Director Lester B. Knight Buys 60,000 Shares

Aon plc Class A (NYSE:AON) Director Lester B. Knight acquired 60,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 6th. The stock was acquired at an average price of $138.42 per share, with a total value of $8,305,200.00. Following the completion of the transaction, the director now directly owns 2,908 shares in the company, valued at approximately $402,525.36. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Aon plc Class A (NYSE AON) traded down $4.50 during trading hours on Thursday, reaching $136.05. The company’s stock had a trading volume of 2,075,757 shares, compared to its average volume of 1,415,543. Aon plc Class A has a 52-week low of $114.00 and a 52-week high of $152.78. The company has a current ratio of 1.66, a quick ratio of 2.35 and a debt-to-equity ratio of 1.22. The firm has a market cap of $34,965.68, a P/E ratio of 29.13, a P/E/G ratio of 1.49 and a beta of 1.05.

Aon plc Class A (NYSE:AON) last released its quarterly earnings results on Friday, February 2nd. The financial services provider reported $2.35 earnings per share for the quarter, topping analysts’ consensus estimates of $2.34 by $0.01. Aon plc Class A had a return on equity of 32.41% and a net margin of 12.26%. The firm had revenue of $2.91 billion during the quarter, compared to the consensus estimate of $2.84 billion. During the same quarter in the prior year, the firm posted $2.56 EPS. The business’s revenue was up 9.8% on a year-over-year basis. research analysts forecast that Aon plc Class A will post 7.99 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, February 15th. Shareholders of record on Thursday, February 1st will be given a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a yield of 1.06%. The ex-dividend date of this dividend is Wednesday, January 31st. Aon plc Class A’s dividend payout ratio (DPR) is currently 30.84%.

A number of large investors have recently added to or reduced their stakes in the business. Longview Partners Guernsey LTD boosted its position in Aon plc Class A by 4.5% during the 3rd quarter. Longview Partners Guernsey LTD now owns 7,001,377 shares of the financial services provider’s stock worth $1,022,901,000 after acquiring an additional 301,300 shares during the last quarter. Mawer Investment Management Ltd. boosted its position in Aon plc Class A by 0.7% during the 3rd quarter. Mawer Investment Management Ltd. now owns 5,169,376 shares of the financial services provider’s stock worth $755,246,000 after acquiring an additional 38,212 shares during the last quarter. Janus Henderson Group PLC boosted its position in Aon plc Class A by 9.8% during the 3rd quarter. Janus Henderson Group PLC now owns 3,492,001 shares of the financial services provider’s stock worth $510,175,000 after acquiring an additional 311,733 shares during the last quarter. Legal & General Group Plc boosted its position in Aon plc Class A by 2.7% during the 3rd quarter. Legal & General Group Plc now owns 1,384,259 shares of the financial services provider’s stock worth $202,250,000 after acquiring an additional 36,522 shares during the last quarter. Finally, Los Angeles Capital Management & Equity Research Inc. boosted its position in Aon plc Class A by 1.1% during the 3rd quarter. Los Angeles Capital Management & Equity Research Inc. now owns 1,237,483 shares of the financial services provider’s stock worth $180,796,000 after acquiring an additional 13,289 shares during the last quarter. 88.09% of the stock is owned by hedge funds and other institutional investors.

Several equities analysts recently issued reports on the company. Zacks Investment Research upgraded Aon plc Class A from a “hold” rating to a “buy” rating and set a $171.00 price objective for the company in a research report on Wednesday, October 25th. Keefe, Bruyette & Woods reiterated a “buy” rating and issued a $154.00 price objective on shares of Aon plc Class A in a research report on Monday, October 16th. Barclays boosted their price objective on Aon plc Class A from $135.00 to $140.00 and gave the company an “equal weight” rating in a research report on Monday, October 16th. Jefferies Group reiterated a “buy” rating and issued a $162.00 price objective on shares of Aon plc Class A in a research report on Friday, October 13th. Finally, Wells Fargo & Co boosted their price objective on Aon plc Class A from $138.00 to $143.00 and gave the company a “market perform” rating in a research report on Monday, October 30th. Two research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and four have issued a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $144.69.

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Aon plc Class A 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.

Insider Buying and Selling by Quarter for Aon plc Class A (NYSE:AON)

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