Insider Selling: Aon PLC (AON) CEO Sells $2,471,487.20 in Stock

Aon PLC (NYSE:AON) CEO John Zern sold 17,680 shares of the company’s stock in a transaction on Thursday, November 30th. The shares were sold at an average price of $139.79, for a total value of $2,471,487.20. Following the completion of the transaction, the chief executive officer now directly owns 27,695 shares in the company, valued at approximately $3,871,484.05. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Aon PLC (NYSE AON) opened at $139.11 on Thursday. Aon PLC has a 52-week low of $109.82 and a 52-week high of $152.78. 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 firm has a market cap of $34,795.75, a P/E ratio of 20.63, a price-to-earnings-growth ratio of 1.81 and a beta of 1.04.

AON (NYSE:AON) last posted its quarterly earnings data on Friday, October 27th. The financial services provider reported $1.29 earnings per share 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 analysts’ expectations of $2.29 billion. During the same period in the previous year, the company posted $1.29 EPS. The company’s quarterly revenue was up 6.3% compared to the same quarter last year. equities analysts anticipate that Aon PLC will post 6.53 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 15th. Shareholders of record on Wednesday, November 1st were given a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a yield of 1.04%. The ex-dividend date of this dividend was Tuesday, October 31st. AON’s payout ratio is 21.79%.

Institutional investors have recently bought and sold shares of the company. Valeo Financial Advisors LLC purchased a new position in shares of AON during the 3rd quarter valued at $105,000. Parallel Advisors LLC grew its holdings in shares of AON by 16.7% during the 2nd quarter. Parallel Advisors LLC now owns 740 shares of the financial services provider’s stock valued at $102,000 after acquiring an additional 106 shares in the last quarter. Fiduciary Trust Co. purchased a new position in shares of AON during the 2nd quarter valued at $108,000. Pathstone Family Office LLC grew its holdings in shares of AON by 6,775.0% during the 2nd quarter. Pathstone Family Office LLC now owns 825 shares of the financial services provider’s stock valued at $1,703,000 after acquiring an additional 813 shares in the last quarter. Finally, Fieldpoint Private Securities LLC purchased a new position in shares of AON during the 3rd quarter valued at $121,000. Institutional investors and hedge funds own 87.66% of the company’s stock.

AON has been the topic of several research reports. Deutsche Bank upped their price target on AON from $113.00 to $123.00 and gave the company a “hold” rating in a report on Wednesday, August 9th. BidaskClub raised AON from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 12th. ValuEngine raised AON from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Jefferies Group reiterated a “buy” rating on shares of AON in a research report on Tuesday, September 5th. Finally, Royal Bank Of Canada reiterated a “hold” rating and set a $143.00 price objective on shares of AON in a research report on Wednesday, September 6th. One investment analyst has rated the stock with a sell rating, thirteen have issued a hold rating and four have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $145.08.

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About AON

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.

Insider Buying and Selling by Quarter for AON (NYSE:AON)

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