Neuberger Berman Group LLC lessened its holdings in Aon PLC (NYSE:AON) by 0.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 4,735,302 shares of the financial services provider’s stock after selling 33,528 shares during the quarter. AON makes up approximately 0.9% of Neuberger Berman Group LLC’s holdings, making the stock its 5th biggest holding. Neuberger Berman Group LLC owned about 1.89% of AON worth $691,827,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Vanguard Group Inc. boosted its stake in AON by 2.4% during the 2nd quarter. Vanguard Group Inc. now owns 17,812,319 shares of the financial services provider’s stock worth $2,368,149,000 after acquiring an additional 415,363 shares during the last quarter. BlackRock Inc. boosted its stake in AON by 0.6% during the 2nd quarter. BlackRock Inc. now owns 15,663,729 shares of the financial services provider’s stock worth $2,082,493,000 after acquiring an additional 100,762 shares during the last quarter. Longview Partners Guernsey LTD boosted its stake in AON by 4.5% during the 3rd quarter. Longview Partners Guernsey LTD now owns 7,001,377 shares of the financial services provider’s stock worth $1,022,901,000 after acquiring an additional 301,300 shares during the last quarter. Mawer Investment Management Ltd. boosted its stake in AON by 0.7% during the 3rd quarter. Mawer Investment Management Ltd. now owns 5,169,376 shares of the financial services provider’s stock worth $755,246,000 after acquiring an additional 38,212 shares during the last quarter. Finally, Janus Henderson Group PLC boosted its stake in AON by 9.8% during the 3rd quarter. Janus Henderson Group PLC now owns 3,492,001 shares of the financial services provider’s stock worth $510,175,000 after acquiring an additional 311,733 shares during the last quarter. 87.66% of the stock is currently owned by institutional investors.

Shares of Aon PLC (NYSE AON) opened at $138.30 on Tuesday. The company has a debt-to-equity ratio of 1.08, a quick ratio of 2.35 and a current ratio of 2.35. The company has a market cap of $34,608.33, a P/E ratio of 20.52, a price-to-earnings-growth ratio of 1.80 and a beta of 1.04. Aon PLC has a fifty-two week low of $109.82 and a fifty-two week high of $152.78.

AON (NYSE:AON) last announced its earnings results on Friday, October 27th. The financial services provider reported $1.29 EPS for the quarter, topping the consensus estimate of $1.28 by $0.01. AON had a net margin of 16.78% and a return on equity of 32.71%. The firm had revenue of $2.34 billion for the quarter, compared to the consensus estimate of $2.29 billion. During the same period last year, the company posted $1.29 EPS. The business’s quarterly revenue was up 6.3% on a year-over-year basis. equities analysts anticipate that Aon PLC will post 6.53 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 15th. Stockholders of record on Wednesday, November 1st were issued a $0.36 dividend. The ex-dividend date of this dividend was Tuesday, October 31st. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.04%. AON’s dividend payout ratio (DPR) is presently 21.79%.

In other news, CEO Michael J. O’connor sold 10,000 shares of AON stock in a transaction that occurred on Tuesday, September 19th. The shares were sold at an average price of $145.00, for a total value of $1,450,000.00. Following the sale, the chief executive officer now directly owns 123,805 shares in the company, valued at $17,951,725. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO John Zern sold 17,680 shares of AON stock in a transaction that occurred on Thursday, November 30th. The shares were sold at an average price of $139.79, for a total transaction of $2,471,487.20. Following the completion of the sale, the chief executive officer now owns 27,695 shares in the company, valued at $3,871,484.05. The disclosure for this sale can be found here. Insiders sold 51,680 shares of company stock worth $7,353,887 over the last quarter. 0.90% of the stock is owned by corporate insiders.

AON has been the topic of several recent analyst reports. Jefferies Group reissued a “buy” rating on shares of AON in a research note on Tuesday, September 5th. ValuEngine raised shares of AON from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. BidaskClub lowered shares of AON from a “strong-buy” rating to a “buy” rating in a research note on Friday, August 18th. Zacks Investment Research upgraded shares of AON from a “hold” rating to a “buy” rating and set a $171.00 target price on the stock in a report on Wednesday, October 25th. Finally, Keefe, Bruyette & Woods restated a “buy” rating and set a $154.00 target price on shares of AON in a report on Monday, October 16th. One research analyst has rated the stock with a sell rating, thirteen have issued a hold rating and four have given a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $145.08.

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AON 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.

Institutional Ownership by Quarter for AON (NYSE:AON)

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