NEOS Investment Management LLC Acquires 3,922 Shares of Aon plc $AON

NEOS Investment Management LLC boosted its holdings in Aon plc (NYSE:AON) by 12.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 34,465 shares of the financial services provider’s stock after purchasing an additional 3,922 shares during the period. NEOS Investment Management LLC’s holdings in AON were worth $11,432,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in AON. Wealth Watch Advisors INC purchased a new position in AON in the third quarter valued at about $25,000. University of Texas Texas AM Investment Management Co. bought a new stake in AON during the 4th quarter valued at $27,000. Kemnay Advisory Services Inc. purchased a new stake in AON during the 4th quarter worth about $29,000. Strive Asset Management LLC purchased a new stake in shares of AON in the third quarter worth about $35,000. Finally, Cornerstone Financial Management LLC bought a new position in AON in the 4th quarter valued at $37,000. Institutional investors own 86.14% of the company’s stock.

Insider Activity at AON

In other news, Director Lester Knight bought 20,000 shares of the stock in a transaction dated Wednesday, September 2nd. The stock was bought at an average price of $327.48 per share, for a total transaction of $6,549,600.00. Following the purchase, the director directly owned 163,000 shares in the company, valued at $53,379,240. This trade represents a 13.99% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, General Counsel Darren Zeidel sold 1,950 shares of the firm’s stock in a transaction on Friday, July 17th. The shares were sold at an average price of $372.05, for a total value of $725,497.50. Following the transaction, the general counsel directly owned 13,404 shares of the company’s stock, valued at $4,986,958.20. This represents a 12.70% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 4,450 shares of company stock valued at $1,659,242 in the last three months. Corporate insiders own 1.00% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on AON shares. TD Cowen reiterated a “buy” rating on shares of AON in a research report on Tuesday. Keefe, Bruyette & Woods lifted their price target on AON from $412.00 to $417.00 and gave the stock an “outperform” rating in a research note on Tuesday, September 1st. Wall Street Zen cut AON from a “hold” rating to a “sell” rating in a report on Sunday. Mizuho reduced their price target on shares of AON from $437.00 to $398.00 and set an “outperform” rating on the stock in a research report on Tuesday, September 1st. Finally, Barclays lifted their target price on shares of AON from $372.00 to $382.00 and gave the stock an “equal weight” rating in a research report on Tuesday, July 7th. Twelve analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat, AON presently has a consensus rating of “Moderate Buy” and an average target price of $399.12.

Trending Headlines about AON

Here are the key news stories impacting AON this week:

• Positive Sentiment: Aon director Lester Knight purchased 20,000 shares for approximately $6.55 million, increasing his direct holdings by nearly 14%. The sizable insider purchase may signal confidence that the recent weakness has created attractive value. Aon director stock purchase filing
• Positive Sentiment: Aon executives highlighted strong demand for insurance-linked securities and expect continued growth through year-end and into 2027. A more flexible reinsurance market, supported by approximately $800 billion of capital, could increase transaction activity and benefit Aon’s brokerage and advisory operations. Strong ILS demand and continued growth expected
• Positive Sentiment: The company urged insurers to use record reinsurance capacity and third-party capital to support growth, reinforcing the potential for expanding demand for Aon’s capital-markets and risk-transfer services. Aon urges insurers to use reinsurance and third-party capital
• Positive Sentiment: Aon launched a defined-benefit pension “run-on” solution aimed at smaller schemes, broadening its retirement-services offering and potentially creating additional recurring consulting revenue. Aon launches run-on solution
• Neutral Sentiment: Chief Executive Greg Case will speak at the KBW Insurance Conference on September 10, giving investors a potential catalyst for updates on the USI transaction, organic growth and capital allocation. Aon to speak at the KBW Insurance Conference
• Negative Sentiment: Analysis of Aon’s planned $17 billion USI acquisition questioned whether roughly $395 million in expected synergies will adequately offset the risks of another debt-funded megadeal. Leverage and integration concerns may be weighing on valuation. Analysis of Aon’s USI acquisition
• Negative Sentiment: Mizuho lowered its price target while maintaining an outperform rating, adding near-term pressure amid broader uncertainty over valuation and the acquisition’s financing. This caution contrasts with the more bullish view from Keefe, Bruyette & Woods. Mizuho forecast for AON

AON Stock Down 1.4%

NYSE AON opened at $322.57 on Friday. Aon plc has a 1 year low of $304.59 and a 1 year 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 business’s 50-day moving average is $353.58 and its 200 day moving average is $334.15. The stock has a market capitalization of $68.43 billion, a PE ratio of 17.78, a PEG ratio of 1.71 and a beta of 0.66.

AON (NYSE:AON) last posted its earnings results on Wednesday, July 29th. The financial services provider reported $3.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.80 by $0.01. The firm had revenue of $4.25 billion for the quarter, compared to analysts’ expectations of $4.28 billion. AON had a return on equity of 42.13% and a net margin of 22.27%.The business’s revenue was up 2.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $3.49 earnings per share. Sell-side analysts forecast that Aon plc will post 18.99 earnings per share for the current year.

AON Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 14th. Shareholders of record on Monday, August 3rd were issued a $0.82 dividend. The ex-dividend date was Monday, August 3rd. This represents a $3.28 annualized dividend and a yield of 1.0%. AON’s dividend payout ratio (DPR) 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.