Fiera Capital Corp Has $188.29 Million Holdings in Aon plc $AON

Fiera Capital Corp lessened its stake in Aon plc (NYSE:AON) by 2.9% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 533,582 shares of the financial services provider’s stock after selling 15,752 shares during the quarter. Fiera Capital Corp owned 0.25% of AON worth $188,290,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Murphy Middleton Hinkle & Parker Inc. acquired a new position in AON during the fourth quarter worth $4,305,000. Caprock Group LLC acquired a new position in AON during the third quarter worth $1,752,000. Factory Mutual Insurance Co. boosted its holdings in AON by 10.9% during the third quarter. Factory Mutual Insurance Co. now owns 51,000 shares of the financial services provider’s stock worth $18,186,000 after purchasing an additional 5,000 shares during the last quarter. Warner Group LLC acquired a new position in AON during the third quarter worth $2,341,000. Finally, Alberta Investment Management Corp acquired a new position in AON during the third quarter worth $1,070,000. Institutional investors and hedge funds own 86.14% of the company’s stock.

Analysts Set New Price Targets

Several analysts have issued reports on the stock. Mizuho dropped their price target on shares of AON from $394.00 to $389.00 and set an “outperform” rating on the stock in a research report on Tuesday, May 5th. TD Cowen reaffirmed a “buy” rating on shares of AON in a research report on Monday, March 16th. JPMorgan Chase & Co. dropped their price target on shares of AON from $406.00 to $396.00 and set an “overweight” rating on the stock in a research report on Thursday, April 9th. Piper Sandler upped their price target on shares of AON from $355.00 to $360.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 26th. Finally, Wells Fargo & Company dropped their price target on shares of AON from $443.00 to $402.00 and set an “overweight” rating on the stock in a research report on Thursday, April 9th. Thirteen equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $396.81.

AON Price Performance

Shares of AON opened at $328.85 on Monday. The firm has a market capitalization of $70.24 billion, a PE ratio of 18.05, a PEG ratio of 1.73 and a beta of 0.71. The company’s 50-day moving average is $321.49 and its 200-day moving average is $333.05. Aon plc has a fifty-two week low of $304.59 and a fifty-two week high of $381.00. The company has a debt-to-equity ratio of 1.36, a current ratio of 1.95 and a quick ratio of 1.95.

AON (NYSE:AON) last issued its quarterly earnings data on Saturday, May 2nd. The financial services provider reported $6.48 earnings per share for the quarter, beating the consensus estimate of $6.37 by $0.11. The company had revenue of $5.03 billion for the quarter, compared to analyst estimates of $4.97 billion. AON had a net margin of 22.54% and a return on equity of 43.50%. The company’s revenue was up 6.4% on a year-over-year basis. During the same period in the prior year, the firm earned $5.67 earnings per share. Equities analysts forecast that Aon plc will post 19.1 EPS for the current year.

AON Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, May 1st were given a $0.82 dividend. The ex-dividend date of this dividend was Friday, May 1st. This is a boost from AON’s previous quarterly dividend of $0.75. This represents a $3.28 annualized dividend and a dividend yield of 1.0%. AON’s payout ratio is currently 16.36%.

AON Company 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.