Arizona State Retirement System Raises Holdings in Aon plc $AON

Arizona State Retirement System increased its position in shares of Aon plc (NYSE:AON) by 5.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 59,940 shares of the financial services provider’s stock after buying an additional 3,109 shares during the period. Arizona State Retirement System’s holdings in AON were worth $21,373,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Heartwood Wealth Advisors LLC purchased a new position in AON during the 3rd quarter valued at about $29,000. Atlantic Union Bankshares Corp purchased a new position in AON during the second quarter valued at approximately $31,000. Salomon & Ludwin LLC bought a new position in AON in the third quarter worth approximately $31,000. Trust Co. of Toledo NA OH purchased a new stake in AON during the second quarter worth $32,000. Finally, Twin Peaks Wealth Advisors LLC bought a new stake in AON during the 2nd quarter valued at $37,000. 86.14% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting AON

Here are the key news stories impacting AON this week:

• Positive Sentiment: Q4 EPS topped estimates — Aon reported $4.85 EPS versus consensus near $4.75, and management pointed to margin benefits from restructuring and strong retention as drivers of the beat. Aon (AON) Surpasses Q4 Earnings Estimates
• Positive Sentiment: New business growth and retention — Company commentary and analyst notes highlight new business wins and high client retention that supported revenue composition and improved margins. Aon Q4 Earnings Top Estimates on New Business Growth, Strong Retention
• Positive Sentiment: Balance-sheet and cash flow progress — Full-year results show 9% total revenue growth, 6% organic growth, double-digit free cash flow growth and $1.9B of debt paydown; Aon says it met its leverage objective in Q4. These items reduce financial risk and support capital allocation. Aon Reports Fourth-Quarter and Full-Year 2025 Results
• Neutral Sentiment: Management detail and forward stance — The earnings call/transcript provides context on go-forward priorities (cost actions, cross-selling, integration planning) but offered limited new formal guidance in the release; watch management’s cadence on 2026 execution. Aon plc (AON) Q4 2025 Earnings Call Transcript
• Neutral Sentiment: Street reception — Analysts maintain a generally constructive view (consensus “Moderate Buy” and multi-year EPS estimates remain supportive), which can limit downside absent new negative news. Aon plc (NYSE:AON) Receives Consensus Rating of “Moderate Buy” from Analysts
• Negative Sentiment: Revenue slightly missed estimates — Q4 revenue of $4.30B came in below consensus near $4.38B, which raises questions about top-line momentum despite EPS strength from margins and mix. Aon (AON) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
• Negative Sentiment: Acquisition/integration risk — The planned ~$13B NFP acquisition remains a material event and is described as “facing a test” by coverage; any regulatory, execution or financing setbacks could pressure sentiment. Aon Reports Earnings Friday as $13 Billion NFP Acquisition Faces Test

Analyst Upgrades and Downgrades

AON has been the subject of several recent research reports. Evercore ISI reissued an “outperform” rating and issued a $436.00 price target on shares of AON in a research report on Wednesday, January 7th. Citigroup upgraded shares of AON from a “neutral” rating to a “buy” rating and set a $402.00 target price for the company in a report on Monday, November 3rd. The Goldman Sachs Group set a $395.00 price target on shares of AON in a report on Wednesday, January 7th. Keefe, Bruyette & Woods boosted their price objective on shares of AON from $410.00 to $416.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 6th. Finally, Roth Mkm restated a “buy” rating and issued a $390.00 target price on shares of AON in a research note on Tuesday, November 4th. Twelve research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $408.47.

AON Stock Up 2.0%

NYSE:AON opened at $349.80 on Friday. The company’s 50 day moving average is $347.88 and its two-hundred day moving average is $353.72. The company has a market cap of $75.18 billion, a PE ratio of 28.03, a P/E/G ratio of 1.76 and a beta of 0.84. Aon plc has a twelve month low of $323.73 and a twelve month high of $412.97. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 1.86.

AON (NYSE:AON) last posted its quarterly earnings data on Friday, January 30th. The financial services provider reported $4.85 EPS for the quarter, topping the consensus estimate of $4.75 by $0.10. AON had a net margin of 15.96% and a return on equity of 48.88%. The business had revenue of $4.30 billion during the quarter, compared to the consensus estimate of $4.38 billion. During the same period in the previous year, the firm posted $4.42 earnings per share. The business’s revenue for the quarter was up 3.7% compared to the same quarter last year. Analysts anticipate that Aon plc will post 17.21 EPS for the current year.

AON Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 13th. Stockholders of record on Monday, February 2nd will be issued a $0.745 dividend. The ex-dividend date of this dividend is Monday, February 2nd. This represents a $2.98 dividend on an annualized basis and a dividend yield of 0.9%. AON’s dividend payout ratio is currently 23.88%.

AON Profile

Aon plc is a global professional services firm that provides a broad suite of risk, retirement and health solutions to corporations, institutions and individuals. The company operates primarily as an insurance broker and risk adviser, helping clients identify, quantify and transfer risk across property, casualty, cyber and other areas. Aon also offers reinsurance brokerage and capital market solutions that connect insurers, reinsurers and corporate buyers.

In addition to traditional brokerage activities, Aon delivers consulting and outsourcing services in areas such as human capital, benefits, and retirement plan design and administration.