Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Aon PLC (AON) Stock Price
News headlines about Aon PLC (NYSE:AON) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research firm ranks the sentiment of media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Aon PLC earned a media sentiment score of 0.21 on Accern’s scale. Accern also assigned news headlines about the financial services provider an impact score of 45.6538450861574 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the news headlines that may have effected Accern’s rankings:
- For Some CA Wineries, Insurance Wildfire Payments May Fall Short (carriermanagement.com)
- Aon : says pension schemes need to check their cyber resilience (4-traders.com)
- Insurance payouts may not cover all wildfire damage for California wineries (AON, MMC, ALV, TRV, CB) – Markets Insider (markets.businessinsider.com)
- Aon PLC (AON) Earns “Buy” Rating from Keefe, Bruyette & Woods (americanbankingnews.com)
- US homeowners’ insurance is industry ‘growth engine’ with $93bn premium forecast – Aon annual study – PR Newswire (press release) (prnewswire.com)
Shares of Aon PLC (AON) opened at 149.20 on Wednesday. Aon PLC has a 52 week low of $107.19 and a 52 week high of $150.15. The company has a market capitalization of $37.95 billion, a PE ratio of 21.79 and a beta of 1.04. The company’s 50 day moving average is $144.14 and its 200-day moving average is $133.84.
Aon PLC (NYSE:AON) last announced its earnings results on Friday, August 4th. The financial services provider reported $1.45 EPS for the quarter, hitting the consensus estimate of $1.45. The company had revenue of $2.37 billion for the quarter, compared to analysts’ expectations of $2.37 billion. Aon PLC had a return on equity of 32.62% and a net margin of 17.28%. The business’s revenue for the quarter was up 3.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.39 earnings per share. On average, analysts expect that Aon PLC will post $6.50 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 15th. Stockholders of record on Wednesday, November 1st will be issued a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a dividend yield of 0.97%. The ex-dividend date of this dividend is Tuesday, October 31st. Aon PLC’s payout ratio is presently 20.48%.
AON has been the topic of a number of recent research reports. BidaskClub cut Aon PLC from a “strong-buy” rating to a “buy” rating in a research note on Saturday, June 24th. Jefferies Group LLC reiterated a “buy” rating and issued a $162.00 target price (up from $146.00) on shares of Aon PLC in a research note on Monday, July 24th. Citigroup Inc. raised their target price on Aon PLC from $144.00 to $155.00 and gave the company a “buy” rating in a research note on Thursday, July 13th. ValuEngine upgraded Aon PLC from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. Finally, Keefe, Bruyette & Woods reiterated a “buy” rating and issued a $154.00 target price on shares of Aon PLC in a research note on Monday. One research analyst has rated the stock with a sell rating, eleven have given a hold rating and five have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $141.10.
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In other news, CEO Michael J. O’connor sold 10,000 shares of the stock in a transaction on Wednesday, September 6th. The stock was sold at an average price of $140.28, for a total transaction of $1,402,800.00. Following the sale, the chief executive officer now owns 123,805 shares in the company, valued at $17,367,365.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.90% of the stock is currently owned by corporate insiders.
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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