Several other research firms have also weighed in on AON. Raymond James lowered AON from an outperform rating to an underperform rating in a research note on Monday, November 18th. William Blair raised AON from a market perform rating to an outperform rating in a research report on Thursday, December 19th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and three have given a buy rating to the company’s stock. AON currently has a consensus rating of Hold and a consensus target price of $198.71.
AON opened at $207.65 on Monday. The firm has a market cap of $47.99 billion, a PE ratio of 23.53, a P/E/G ratio of 1.67 and a beta of 0.85. The company has a quick ratio of 1.38, a current ratio of 1.38 and a debt-to-equity ratio of 1.72. The business has a fifty day simple moving average of $205.62 and a 200-day simple moving average of $196.17. AON has a fifty-two week low of $144.40 and a fifty-two week high of $212.65.
AON (NYSE:AON) last released its quarterly earnings data on Friday, October 25th. The financial services provider reported $1.45 earnings per share for the quarter, topping the consensus estimate of $1.43 by $0.02. The business had revenue of $2.40 billion during the quarter, compared to analyst estimates of $2.46 billion. AON had a return on equity of 51.63% and a net margin of 13.79%. The company’s revenue was up 2.2% compared to the same quarter last year. During the same period last year, the company posted $1.30 EPS. On average, equities research analysts anticipate that AON will post 9.13 EPS for the current fiscal year.
In other news, insider Behets Robert 3,000,000 shares of AON stock in a transaction dated Friday, October 11th. Also, Director J Michael Losh sold 5,000 shares of AON stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $193.60, for a total value of $968,000.00. Following the sale, the director now directly owns 19,366 shares of the company’s stock, valued at approximately $3,749,257.60. The disclosure for this sale can be found here. Company insiders own 0.92% of the company’s stock.
Several institutional investors have recently bought and sold shares of AON. Nuveen Asset Management LLC increased its stake in shares of AON by 15,731.6% in the second quarter. Nuveen Asset Management LLC now owns 1,065,627 shares of the financial services provider’s stock worth $205,644,000 after purchasing an additional 1,058,896 shares during the period. Longview Partners Guernsey LTD increased its stake in shares of AON by 8.9% in the second quarter. Longview Partners Guernsey LTD now owns 6,502,583 shares of the financial services provider’s stock worth $1,254,868,000 after purchasing an additional 531,216 shares during the period. SPF Beheer BV bought a new position in shares of AON in the third quarter worth about $83,069,000. California Public Employees Retirement System grew its position in AON by 21.6% during the second quarter. California Public Employees Retirement System now owns 1,868,956 shares of the financial services provider’s stock worth $360,671,000 after buying an additional 332,400 shares in the last quarter. Finally, Vanguard Group Inc. grew its position in AON by 1.5% during the second quarter. Vanguard Group Inc. now owns 18,406,729 shares of the financial services provider’s stock worth $3,552,130,000 after buying an additional 275,773 shares in the last quarter. Institutional investors and hedge funds own 86.18% of the company’s stock.
AON Company Profile
Aon plc, a professional services firm, provides advisory and solutions based on risk, retirement, and health to clients. It offers commercial risk solutions, including retail brokerage, cyber, and global risk consulting solutions, as well as acts as a captive insurance provider; and health solutions, such as health and benefits brokerages, and health care exchanges.
Featured Article: Initial Coin Offering (ICO)
Receive News & Ratings for AON Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AON and related companies with MarketBeat.com's FREE daily email newsletter.