HB Wealth Management LLC Has $1.91 Million Stock Position in Aon plc (NYSE:AON)

HB Wealth Management LLC boosted its position in shares of Aon plc (NYSE:AON) by 1.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,313 shares of the financial services provider’s stock after purchasing an additional 67 shares during the period. HB Wealth Management LLC’s holdings in AON were worth $1,908,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of AON. Anchor Investment Management LLC lifted its position in shares of AON by 1,162.5% in the third quarter. Anchor Investment Management LLC now owns 101 shares of the financial services provider’s stock worth $35,000 after buying an additional 93 shares during the last quarter. First Personal Financial Services acquired a new stake in shares of AON in the third quarter worth about $37,000. RPg Family Wealth Advisory LLC acquired a new stake in shares of AON in the third quarter worth about $42,000. Eastern Bank acquired a new stake in shares of AON in the third quarter worth about $43,000. Finally, Nemes Rush Group LLC acquired a new stake in shares of AON in the second quarter worth about $45,000. Institutional investors and hedge funds own 86.14% of the company’s stock.

Wall Street Analysts Forecast Growth

AON has been the subject of a number of analyst reports. Bank of America boosted their price target on AON from $345.00 to $375.00 and gave the stock an “underperform” rating in a research report on Thursday, October 10th. Jefferies Financial Group boosted their price objective on AON from $344.00 to $365.00 and gave the stock a “hold” rating in a research report on Wednesday, October 9th. Wells Fargo & Company raised AON from an “equal weight” rating to an “overweight” rating and boosted their price objective for the stock from $377.00 to $410.00 in a research report on Tuesday, January 14th. Keefe, Bruyette & Woods lowered their price target on AON from $415.00 to $411.00 and set an “outperform” rating on the stock in a research note on Friday, January 10th. Finally, BMO Capital Markets upped their price objective on AON from $325.00 to $380.00 and gave the company a “market perform” rating in a research note on Monday, November 4th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $370.87.

AON Stock Down 0.6 %

NYSE:AON opened at $365.83 on Monday. The stock’s fifty day moving average price is $368.88 and its two-hundred day moving average price is $349.01. The company has a debt-to-equity ratio of 2.66, a quick ratio of 2.05 and a current ratio of 2.05. The company has a market cap of $79.12 billion, a price-to-earnings ratio of 30.87, a P/E/G ratio of 1.95 and a beta of 0.93. Aon plc has a 52-week low of $268.06 and a 52-week high of $395.33.

AON Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, February 14th. Stockholders of record on Monday, February 3rd will be paid a $0.675 dividend. This represents a $2.70 dividend on an annualized basis and a dividend yield of 0.74%. The ex-dividend date of this dividend is Monday, February 3rd. AON’s dividend payout ratio (DPR) is currently 22.78%.

Insider Activity at AON

In other AON news, COO Mindy F. Simon sold 650 shares of the stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $394.34, for a total transaction of $256,321.00. Following the completion of the transaction, the chief operating officer now owns 1,816 shares in the company, valued at approximately $716,121.44. This represents a 26.36 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Lisa Stevens sold 1,275 shares of the stock in a transaction dated Tuesday, November 26th. The stock was sold at an average price of $387.68, for a total value of $494,292.00. Following the transaction, the insider now owns 8,077 shares of the company’s stock, valued at approximately $3,131,291.36. This trade represents a 13.63 % decrease in their position. The disclosure for this sale can be found here. 1.30% of the stock is owned by corporate insiders.

AON Company Profile

Aon Plc engages in the provision of risk, health, and wealth solutions. It focuses on risk capital including claim management, reinsurance, risk analysis, management, retention, and transfer; and human capital involving analytics, health and benefits, investments, pensions and retirement, talent and rewards, and workplace wellbeing.