Aon PLC (NYSE:AON) SVP Laurel G. Meissner sold 4,000 shares of the stock in a transaction on Thursday, May 18th. The shares were sold at an average price of $126.19, for a total value of $504,760.00. Following the completion of the transaction, the senior vice president now directly owns 16,314 shares in the company, valued at approximately $2,058,663.66. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.
Shares of Aon PLC (NYSE:AON) traded up 0.60% during midday trading on Friday, reaching $136.46. 1,519,529 shares of the company’s stock traded hands. The stock has a 50-day moving average price of $127.94 and a 200 day moving average price of $118.61. Aon PLC has a 12 month low of $100.55 and a 12 month high of $136.49. The firm has a market cap of $35.76 billion, a PE ratio of 26.96 and a beta of 1.00.
Aon PLC (NYSE:AON) last announced its earnings results on Tuesday, May 9th. The financial services provider reported $1.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.28 by $0.17. The company had revenue of $2.38 billion during the quarter, compared to analyst estimates of $2.35 billion. Aon PLC had a net margin of 12.23% and a return on equity of 32.34%. The firm’s quarterly revenue was up 4.6% compared to the same quarter last year. During the same period in the previous year, the business posted $1.35 earnings per share. Equities research analysts predict that Aon PLC will post $6.48 earnings per share for the current year.
A number of research analysts have recently weighed in on the company. Citigroup Inc. increased their price target on Aon PLC from $130.00 to $136.00 and gave the company a “buy” rating in a research note on Friday, April 7th. Jefferies Group LLC reaffirmed a “buy” rating and set a $146.00 price objective (up previously from $137.00) on shares of Aon PLC in a research note on Tuesday, May 9th. Zacks Investment Research raised Aon PLC from a “sell” rating to a “hold” rating in a research note on Wednesday, May 10th. Wells Fargo & Company reiterated a “hold” rating on shares of Aon PLC in a report on Sunday, April 16th. Finally, Deutsche Bank AG increased their target price on Aon PLC from $108.00 to $113.00 and gave the stock a “hold” rating in a report on Friday, May 12th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and six have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $126.10.
Several institutional investors have recently bought and sold shares of the company. Cleararc Capital Inc. raised its position in Aon PLC by 0.9% in the first quarter. Cleararc Capital Inc. now owns 6,444 shares of the financial services provider’s stock worth $765,000 after buying an additional 56 shares during the last quarter. Financial Counselors Inc. raised its position in Aon PLC by 1.6% in the first quarter. Financial Counselors Inc. now owns 3,641 shares of the financial services provider’s stock worth $432,000 after buying an additional 57 shares during the last quarter. Cookson Peirce & Co. Inc. raised its position in Aon PLC by 2.4% in the third quarter. Cookson Peirce & Co. Inc. now owns 3,045 shares of the financial services provider’s stock worth $343,000 after buying an additional 70 shares during the last quarter. SRB Corp raised its position in Aon PLC by 6.9% in the third quarter. SRB Corp now owns 1,433 shares of the financial services provider’s stock worth $161,000 after buying an additional 92 shares during the last quarter. Finally, Essex Financial Services Inc. raised its position in Aon PLC by 2.7% in the fourth quarter. Essex Financial Services Inc. now owns 3,787 shares of the financial services provider’s stock worth $422,000 after buying an additional 100 shares during the last quarter. Institutional investors and hedge funds own 86.01% of the company’s stock.
Aon PLC Company Profile
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.
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