What is DOWLING & PARTN’s Forecast for AON FY2028 Earnings?

Aon plc (NYSE:AON) – Equities researchers at DOWLING & PARTN issued their FY2028 earnings per share estimates for AON in a note issued to investors on Friday, July 31st. DOWLING & PARTN analyst J. Christiana expects that the financial services provider will earn $23.00 per share for the year. The consensus estimate for AON’s current full-year earnings is $19.09 per share.

AON (NYSE:AON) last posted its earnings results on Wednesday, July 29th. The financial services provider reported $3.81 EPS for the quarter, beating the consensus estimate of $3.80 by $0.01. The company had revenue of $4.25 billion for the quarter, compared to the consensus estimate of $4.28 billion. AON had a return on equity of 42.13% and a net margin of 22.27%.The firm’s revenue for the quarter was up 2.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $3.49 earnings per share.

AON has been the topic of several other reports. Wells Fargo & Company upped their price target on shares of AON from $406.00 to $419.00 and gave the company an “overweight” rating in a research note on Thursday, July 30th. Roth Capital reaffirmed a “buy” rating and set a $420.00 target price on shares of AON in a report on Friday. UBS Group lifted their price target on shares of AON from $383.00 to $387.00 and gave the company a “neutral” rating in a research report on Monday. Cantor Fitzgerald increased their price target on AON from $416.00 to $445.00 and gave the stock an “overweight” rating in a research report on Thursday, July 9th. Finally, Piper Sandler raised their price objective on AON from $377.00 to $391.00 and gave the stock a “neutral” rating in a research note on Thursday. Twelve analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, AON has an average rating of “Moderate Buy” and an average target price of $410.00.

AON Stock Down 0.7%

AON stock opened at $357.88 on Tuesday. AON has a fifty-two week low of $304.59 and a fifty-two week high of $382.34. The company has a debt-to-equity ratio of 1.34, a current ratio of 1.54 and a quick ratio of 1.54. The stock has a market capitalization of $75.92 billion, a price-to-earnings ratio of 19.73, a PEG ratio of 1.86 and a beta of 0.71. The business’s fifty day moving average price is $341.89 and its two-hundred day moving average price is $332.04.

Institutional Investors Weigh In On AON

Large investors have recently modified their holdings of the business. City National Bank of Florida MSD boosted its stake in shares of AON by 3.8% in the 4th quarter. City National Bank of Florida MSD now owns 867 shares of the financial services provider’s stock valued at $306,000 after buying an additional 32 shares during the period. Salomon & Ludwin LLC raised its stake in AON by 39.3% in the fourth quarter. Salomon & Ludwin LLC now owns 117 shares of the financial services provider’s stock valued at $41,000 after buying an additional 33 shares in the last quarter. Mattern Capital Management LLC lifted its stake in AON by 0.8% during the fourth quarter. Mattern Capital Management LLC now owns 3,974 shares of the financial services provider’s stock worth $1,402,000 after purchasing an additional 33 shares during the last quarter. MassMutual Private Wealth & Trust FSB lifted its position in shares of AON by 5.3% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 650 shares of the financial services provider’s stock worth $216,000 after buying an additional 33 shares during the last quarter. Finally, Seascape Capital Management lifted its position in AON by 0.3% in the fourth quarter. Seascape Capital Management now owns 11,030 shares of the financial services provider’s stock valued at $3,892,000 after acquiring an additional 34 shares during the last quarter. Institutional investors and hedge funds own 86.14% of the company’s stock.

Insider Activity

In related news, General Counsel Darren Zeidel sold 1,900 shares of AON stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of $377.76, for a total value of $717,744.00. Following the transaction, the general counsel directly owned 11,504 shares of the company’s stock, valued at $4,345,751.04. This trade represents a 14.17% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. In the last quarter, insiders have sold 4,450 shares of company stock worth $1,659,242. Company insiders own 1.00% of the company’s stock.

AON Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, August 14th. Stockholders of record on Monday, August 3rd will be issued a dividend of $0.82 per share. This represents a $3.28 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Monday, August 3rd. AON’s dividend payout ratio is 18.08%.

About AON

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.