Quantitative Investment Management LLC Sells 3,036 Shares of Aon plc $AON

Quantitative Investment Management LLC lessened its stake in shares of Aon plc (NYSE:AON) by 37.0% in the second quarter, Holdings Channel reports. The institutional investor owned 5,174 shares of the financial services provider’s stock after selling 3,036 shares during the quarter. Quantitative Investment Management LLC’s holdings in AON were worth $1,716,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. City National Bank of Florida MSD boosted its position in shares of AON by 3.8% in the fourth quarter. City National Bank of Florida MSD now owns 867 shares of the financial services provider’s stock valued at $306,000 after acquiring an additional 32 shares during the period. MassMutual Private Wealth & Trust FSB increased its holdings in 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 acquiring an additional 33 shares during the period. CENTRAL TRUST Co lifted its stake in AON by 2.6% in the 4th quarter. CENTRAL TRUST Co now owns 1,341 shares of the financial services provider’s stock worth $473,000 after purchasing an additional 34 shares in the last quarter. Larson Financial Group LLC boosted its holdings in AON by 0.4% in the 4th quarter. Larson Financial Group LLC now owns 9,584 shares of the financial services provider’s stock valued at $3,382,000 after purchasing an additional 34 shares during the period. Finally, Aspen Grove Capital LLC grew its position in shares of AON by 4.8% during the 1st quarter. Aspen Grove Capital LLC now owns 737 shares of the financial services provider’s stock valued at $238,000 after purchasing an additional 34 shares in the last quarter. 86.14% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other AON news, General Counsel Darren Zeidel sold 1,900 shares of the company’s stock in a transaction that occurred on Tuesday, July 28th. The stock was sold at an average price of $377.76, for a total value of $717,744.00. Following the completion of the sale, the general counsel owned 11,504 shares of the company’s stock, valued at $4,345,751.04. This represents a 14.17% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In the last ninety days, insiders sold 4,450 shares of company stock valued at $1,659,242. Insiders own 1.00% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on AON shares. Weiss Ratings upgraded AON from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, August 19th. Morgan Stanley upped their target price on AON from $380.00 to $410.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 19th. Wall Street Zen raised AON from a “sell” rating to a “hold” rating in a report on Saturday. Piper Sandler lifted their price target on AON from $377.00 to $391.00 and gave the company a “neutral” rating in a research report on Thursday, July 30th. Finally, Cantor Fitzgerald reissued an “overweight” rating on shares of AON in a report on Tuesday, August 18th. Twelve equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $412.62.

Key Stories Impacting AON

Here are the key news stories impacting AON this week:

• Positive Sentiment: The acquisition would significantly expand Aon’s presence in the U.S. middle-market, adding USI’s risk management, health insurance and retirement-plan businesses, which generate approximately $3 billion in annual revenue. Aon expects the combined platform to produce $395 million in annual run-rate net adjusted EBITDA synergies and to be accretive to adjusted EPS beginning in 2028. Aon to acquire USI to establish the premier U.S. middle-market platform
• Positive Sentiment: Management said USI would improve Aon’s access to the fast-growing excess-and-surplus insurance market and enhance its data and analytics capabilities. USI CEO Mike Sicard is expected to become Aon’s president and global CEO of Middle Market after closing, supporting integration and leadership continuity. Aon CEO says insurance broker seeks to build premiere middle market platform
• Neutral Sentiment: The transaction is expected to close in the fourth quarter of 2026, subject to regulatory approval. Aon held an investor call to outline the deal’s financing, strategic rationale and anticipated synergies, making regulatory and integration execution key near-term catalysts. Aon M&A call transcript
• Negative Sentiment: Aon plans to finance the purchase with new debt, increasing balance-sheet risk and potentially limiting financial flexibility. Investors may also be concerned that the $17 billion purchase price creates substantial execution risk before the projected 2028 earnings benefits are realized. Aon close to acquiring USI in $17 billion deal

AON Stock Down 9.8%

Shares of NYSE:AON opened at $320.59 on Tuesday. The firm has a market capitalization of $68.00 billion, a PE ratio of 17.67, a price-to-earnings-growth ratio of 1.83 and a beta of 0.69. The company has a debt-to-equity ratio of 1.34, a quick ratio of 1.54 and a current ratio of 1.54. Aon plc has a 52-week low of $304.59 and a 52-week high of $382.34. The firm has a fifty day moving average of $353.25 and a 200 day moving average of $333.95.

AON (NYSE:AON) last released its quarterly earnings results on Wednesday, July 29th. The financial services provider reported $3.81 earnings per share for the quarter, beating analysts’ consensus estimates of $3.80 by $0.01. AON had a return on equity of 42.13% and a net margin of 22.27%.The business had revenue of $4.25 billion for the quarter, compared to the consensus estimate of $4.28 billion. During the same quarter last year, the business posted $3.49 earnings per share. The company’s revenue for the quarter was up 2.2% on a year-over-year basis. As a group, research analysts anticipate that Aon plc will post 19.06 EPS for the current fiscal year.

AON Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 14th. Investors of record on Monday, August 3rd were issued a dividend of $0.82 per share. This represents a $3.28 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend was Monday, August 3rd. AON’s dividend payout ratio (DPR) is currently 18.08%.

AON Profile

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.