Wall Street brokerages expect Aon PLC (NYSE:AON) to post earnings per share (EPS) of $2.14 for the current quarter, according to Zacks Investment Research. Four analysts have issued estimates for AON’s earnings. The lowest EPS estimate is $2.09 and the highest is $2.20. AON posted earnings per share of $2.35 in the same quarter last year, which indicates a negative year over year growth rate of 8.9%. The business is expected to report its next earnings results on Friday, February 1st.

According to Zacks, analysts expect that AON will report full-year earnings of $8.13 per share for the current year, with EPS estimates ranging from $8.05 to $8.21. For the next financial year, analysts expect that the company will report earnings of $9.20 per share, with EPS estimates ranging from $9.05 to $9.35. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side research analysts that cover AON.

AON (NYSE:AON) last issued its quarterly earnings data on Friday, October 26th. The financial services provider reported $1.31 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.22 by $0.09. The business had revenue of $2.35 billion during the quarter, compared to analyst estimates of $2.39 billion. AON had a net margin of 7.06% and a return on equity of 43.96%. The company’s revenue for the quarter was up .4% on a year-over-year basis. During the same period in the prior year, the business earned $1.29 EPS.

Several research analysts recently issued reports on the stock. Raymond James upgraded shares of AON from an “underperform” rating to an “outperform” rating in a research note on Tuesday, September 25th. Credit Suisse Group set a $158.00 price target on shares of AON and gave the stock a “hold” rating in a research note on Tuesday, October 9th. Wells Fargo & Co increased their price target on shares of AON from $165.00 to $150.00 and gave the stock a “market perform” rating in a research note on Tuesday, November 13th. Sandler O’Neill upgraded shares of AON from a “hold” rating to a “buy” rating in a research note on Monday, October 29th. Finally, Citigroup increased their price target on shares of AON from $167.00 to $180.00 and gave the stock a “buy” rating in a research note on Friday, October 12th. Seven research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $160.38.

Shares of AON stock traded down $2.25 during trading on Wednesday, hitting $162.72. The company’s stock had a trading volume of 898,795 shares, compared to its average volume of 945,107. The company has a debt-to-equity ratio of 1.31, a current ratio of 1.41 and a quick ratio of 1.41. The firm has a market cap of $39.77 billion, a price-to-earnings ratio of 24.96, a PEG ratio of 1.72 and a beta of 0.86. AON has a 52 week low of $130.87 and a 52 week high of $166.55.

The firm also recently declared a quarterly dividend, which was paid on Thursday, November 15th. Investors of record on Thursday, November 1st were paid a $0.40 dividend. The ex-dividend date of this dividend was Wednesday, October 31st. This represents a $1.60 annualized dividend and a dividend yield of 0.98%. AON’s payout ratio is 24.54%.

In other AON news, CEO Caroline Grace sold 4,000 shares of the firm’s stock in a transaction dated Thursday, September 6th. The shares were sold at an average price of $150.00, for a total transaction of $600,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Over the last quarter, insiders sold 12,000 shares of company stock valued at $1,860,000. 0.42% of the stock is owned by company insiders.

A number of large investors have recently added to or reduced their stakes in the business. Great Lakes Advisors LLC increased its stake in AON by 28.1% during the 3rd quarter. Great Lakes Advisors LLC now owns 26,840 shares of the financial services provider’s stock valued at $4,127,000 after purchasing an additional 5,892 shares in the last quarter. Belpointe Asset Management LLC bought a new stake in AON during the 3rd quarter valued at about $161,000. Legal & General Group Plc increased its stake in AON by 5.1% during the 3rd quarter. Legal & General Group Plc now owns 1,289,187 shares of the financial services provider’s stock valued at $198,300,000 after purchasing an additional 62,660 shares in the last quarter. Standard Life Aberdeen plc increased its stake in AON by 3.9% during the 3rd quarter. Standard Life Aberdeen plc now owns 195,483 shares of the financial services provider’s stock valued at $30,061,000 after purchasing an additional 7,263 shares in the last quarter. Finally, Rehmann Capital Advisory Group increased its stake in AON by 15,302.0% during the 3rd quarter. Rehmann Capital Advisory Group now owns 98,265 shares of the financial services provider’s stock valued at $639,000 after purchasing an additional 97,627 shares in the last quarter. Institutional investors and hedge funds own 85.01% of the company’s stock.

AON Company Profile

Aon plc provides risk management services, insurance and reinsurance brokerage, and human resource consulting and outsourcing services worldwide. The company operates through two segments, Risk Solutions and HR Solutions. The Risk Solutions segment offers retail brokerage services, including affinity products, managing general underwriting, placement, captive management services, and data and analytics; risk management solutions for property liability, general liability, professional liability, directors' and officers' liability, transaction liability, cyber liability, workers' compensation, and various healthcare products; and health and benefits consulting services comprising structuring, funding, and administering employee benefit programs.

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Earnings History and Estimates for AON (NYSE:AON)

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