Mackenzie Financial Corp Has $164.48 Million Holdings in Aon plc $AON

Mackenzie Financial Corp reduced its position in Aon plc (NYSE:AON) by 32.5% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 461,268 shares of the financial services provider’s stock after selling 222,288 shares during the quarter. Mackenzie Financial Corp’s holdings in AON were worth $164,479,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Matrix Trust Co increased its holdings in AON by 7.1% in the third quarter. Matrix Trust Co now owns 422 shares of the financial services provider’s stock worth $150,000 after purchasing an additional 28 shares in the last quarter. Busey Bank boosted its stake in AON by 0.3% in the third quarter. Busey Bank now owns 9,565 shares of the financial services provider’s stock valued at $3,411,000 after acquiring an additional 33 shares during the last quarter. Westpac Banking Corp grew its stake in shares of AON by 5.6% during the 3rd quarter. Westpac Banking Corp now owns 620 shares of the financial services provider’s stock worth $221,000 after acquiring an additional 33 shares during the period. Mill Creek Capital Advisors LLC grew its holdings in AON by 5.9% during the 3rd quarter. Mill Creek Capital Advisors LLC now owns 615 shares of the financial services provider’s stock valued at $219,000 after buying an additional 34 shares in the last quarter. Finally, KCM Investment Advisors LLC increased its holdings in AON by 5.6% during the 3rd quarter. KCM Investment Advisors LLC now owns 636 shares of the financial services provider’s stock worth $227,000 after acquiring an additional 34 shares during the period. Institutional investors and hedge funds own 86.14% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently weighed in on AON shares. Bank of America upgraded shares of AON from a “neutral” rating to an “outperform” rating and lowered their price objective for the company from $398.00 to $397.00 in a research report on Friday, February 27th. Mizuho raised AON from a “neutral” rating to an “outperform” rating and set a $397.00 price target for the company in a research report on Friday, February 27th. Morgan Stanley set a $400.00 price objective on AON in a report on Tuesday, December 16th. Jefferies Financial Group reissued a “buy” rating and issued a $408.00 price target on shares of AON in a research report on Monday, February 2nd. Finally, Evercore restated an “outperform” rating and issued a $436.00 price target on shares of AON in a research note on Wednesday, January 7th. Fourteen equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, AON presently has a consensus rating of “Moderate Buy” and a consensus target price of $408.94.

AON News Roundup

Here are the key news stories impacting AON this week:

• Positive Sentiment: Aon ran a proof‑of‑concept to accept insurance premiums in U.S. dollar stablecoins (USDC on Ethereum and PYUSD on Solana) with Coinbase and Paxos, highlighting potential for faster, cheaper fund flows and new product capabilities for clients. This could reduce friction in global premium settlements and open new revenue/efficiency paths. Aon Announces First Stablecoin Insurance Premium Payment
• Positive Sentiment: Aon signed a multi‑year engagement to implement VIPR Solutions’ delegated‑authority technology across its reinsurance platform to automate bordereaux management, improve data accuracy and speed-to-market—an operational investment that could lower costs and improve underwriting efficiency. VIPR Announces Strategic Engagement with Aon
• Neutral Sentiment: Leadership reshuffle in North America: Anne Corona named CEO of North America, Lori Goltermann elevated to Vice Chair (effective March 31) and Farheen Dam appointed CEO of Enterprise Clients & Chief Client Officer. Management continuity is maintained but investors may await commentary on strategy/compensation and any near-term costs tied to the transition. Aon Appoints Anne Corona as CEO of North America
• Neutral Sentiment: Recent fundamentals remain mixed: Aon’s January quarter beat EPS estimates but missed revenue consensus modestly — investors may be rotating out on valuation or waiting for clearer top‑line momentum despite strong margins and ROE. (Background: Q4 EPS beat, revenue slightly below estimates.)
• Negative Sentiment: Senior departure: Livy Dai, previously at Aon, has been appointed CEO of Lockton China. Loss of experienced regional leadership can create short‑term client/coverage continuity concerns in China, though impact on global results is likely limited. Lockton appoints Aon’s Livy Dai as China CEO

AON Price Performance

AON stock opened at $321.00 on Wednesday. The firm has a market capitalization of $68.78 billion, a P/E ratio of 18.86, a price-to-earnings-growth ratio of 1.76 and a beta of 0.82. The company has a quick ratio of 2.03, a current ratio of 2.03 and a debt-to-equity ratio of 1.55. The company has a fifty day simple moving average of $336.43 and a two-hundred day simple moving average of $347.35. Aon plc has a 52 week low of $304.59 and a 52 week high of $402.49.

AON (NYSE:AON) last issued its quarterly earnings results on Friday, January 30th. The financial services provider reported $4.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.75 by $0.10. AON had a return on equity of 45.23% and a net margin of 21.51%.The company had revenue of $4.30 billion during the quarter, compared to the consensus estimate of $4.38 billion. During the same period last year, the company earned $4.42 earnings per share. AON’s revenue was up 3.7% on a year-over-year basis. Analysts anticipate that Aon plc will post 17.21 earnings per share for the current fiscal year.

AON Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, February 13th. Shareholders of record on Monday, February 2nd were issued a $0.745 dividend. This represents a $2.98 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend was Monday, February 2nd. AON’s payout ratio is currently 17.51%.

Insider Transactions at AON

In other news, General Counsel Darren Zeidel sold 5,040 shares of AON stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $325.79, for a total value of $1,641,981.60. Following the sale, the general counsel directly owned 20,254 shares of the company’s stock, valued at $6,598,550.66. The trade was a 19.93% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Lester B. Knight purchased 4,000 shares of the stock in a transaction that occurred on Tuesday, February 10th. The shares were acquired at an average price of $319.24 per share, for a total transaction of $1,276,960.00. Following the completion of the transaction, the director directly owned 143,000 shares of the company’s stock, valued at $45,651,320. The trade was a 2.88% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 1.10% of the company’s stock.

AON Profile

Aon plc is a global professional services firm that provides a broad suite of risk, retirement and health solutions to corporations, institutions and individuals. The company operates primarily as an insurance broker and risk adviser, helping clients identify, quantify and transfer risk across property, casualty, cyber and other areas. Aon also offers reinsurance brokerage and capital market solutions that connect insurers, reinsurers and corporate buyers.

In addition to traditional brokerage activities, Aon delivers consulting and outsourcing services in areas such as human capital, benefits, and retirement plan design and administration.