Aon plc Class A (NYSE:AON) insider Michael Neller sold 1,500 shares of the company’s stock in a transaction on Thursday, March 1st. The stock was sold at an average price of $140.12, for a total transaction of $210,180.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Shares of Aon plc Class A (NYSE:AON) opened at $142.17 on Wednesday. The company has a current ratio of 1.66, a quick ratio of 1.67 and a debt-to-equity ratio of 1.22. Aon plc Class A has a fifty-two week low of $114.95 and a fifty-two week high of $152.78. The stock has a market cap of $34,805.00, a PE ratio of 21.62, a price-to-earnings-growth ratio of 1.50 and a beta of 1.03.
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 (EPS) for the quarter, beating the Zacks’ consensus estimate of $2.34 by $0.01. Aon plc Class A had a net margin of 12.26% and a return on equity of 32.41%. The company had revenue of $2.91 billion during the quarter, compared to analysts’ expectations of $2.84 billion. During the same period in the prior year, the company earned $2.56 earnings per share. The business’s quarterly revenue was up 9.8% compared to the same quarter last year. equities research analysts predict that Aon plc Class A will post 7.98 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which was paid on Thursday, February 15th. Shareholders of record on Thursday, February 1st were issued a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a yield of 1.01%. The ex-dividend date was Wednesday, January 31st. Aon plc Class A’s dividend payout ratio (DPR) is 30.84%.
Hedge funds have recently added to or reduced their stakes in the business. Valeo Financial Advisors LLC bought a new stake in shares of Aon plc Class A in the third quarter valued at about $105,000. Fieldpoint Private Securities LLC bought a new stake in shares of Aon plc Class A in the third quarter valued at about $121,000. BB&T Investment Services Inc. lifted its stake in shares of Aon plc Class A by 71.3% in the third quarter. BB&T Investment Services Inc. now owns 1,038 shares of the financial services provider’s stock valued at $136,000 after buying an additional 432 shares during the period. Whittier Trust Co. of Nevada Inc. lifted its stake in shares of Aon plc Class A by 105.3% in the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 1,170 shares of the financial services provider’s stock valued at $157,000 after buying an additional 600 shares during the period. Finally, Auxier Asset Management bought a new stake in shares of Aon plc Class A in the third quarter valued at about $206,000. Institutional investors own 86.36% of the company’s stock.
A number of equities research analysts recently issued reports on AON shares. Zacks Investment Research cut shares of Aon plc Class A from a “hold” rating to a “sell” rating in a report on Tuesday, January 2nd. Barclays reiterated a “hold” rating and issued a $135.00 price objective on shares of Aon plc Class A in a report on Tuesday, January 9th. Keefe, Bruyette & Woods reiterated a “buy” rating and issued a $158.00 price objective on shares of Aon plc Class A in a report on Wednesday, December 6th. Citigroup upped their price objective on shares of Aon plc Class A from $157.00 to $162.00 and gave the stock a “buy” rating in a report on Friday, February 9th. Finally, William Blair cut shares of Aon plc Class A from an “outperform” rating to a “market perform” rating in a report on Tuesday, January 16th. Two analysts have rated the stock with a sell rating, twelve have given 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 price target of $147.00.
About Aon plc Class A
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.