Roth Capital Brokers Reduce Earnings Estimates for AON

Aon plc (NYSE:AON) – Equities researchers at Roth Capital lowered their Q4 2024 earnings per share (EPS) estimates for shares of AON in a research report issued on Tuesday, October 29th. Roth Capital analyst H. Fong now anticipates that the financial services provider will earn $4.27 per share for the quarter, down from their prior forecast of $4.39. The consensus estimate for AON’s current full-year earnings is $15.25 per share. Roth Capital also issued estimates for AON’s Q1 2025 earnings at $6.26 EPS, Q2 2025 earnings at $3.26 EPS and FY2026 earnings at $19.95 EPS.

Several other brokerages also recently weighed in on AON. Royal Bank of Canada restated a “sector perform” rating and issued a $335.00 target price on shares of AON in a research note on Monday, August 5th. Deutsche Bank Aktiengesellschaft boosted their price target on AON from $311.00 to $353.00 and gave the stock a “hold” rating in a research note on Monday, August 26th. Morgan Stanley lowered their target price on shares of AON from $300.00 to $296.00 and set an “equal weight” rating for the company in a research note on Wednesday, July 10th. Jefferies Financial Group upped their price target on shares of AON from $344.00 to $365.00 and gave the company a “hold” rating in a research note on Wednesday, October 9th. Finally, Wells Fargo & Company upgraded shares of AON from an “underweight” rating to an “equal weight” rating and lifted their price objective for the stock from $315.00 to $377.00 in a research note on Monday. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $355.75.

AON Price Performance

AON opened at $369.43 on Wednesday. The firm has a market capitalization of $80.25 billion, a PE ratio of 31.18, a price-to-earnings-growth ratio of 2.43 and a beta of 0.92. The business’s 50-day moving average is $351.06 and its two-hundred day moving average is $317.89. AON has a 1 year low of $268.06 and a 1 year high of $389.21. The company has a debt-to-equity ratio of 2.66, a current ratio of 2.05 and a quick ratio of 2.42.

AON Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 15th. Shareholders of record on Friday, November 1st will be given a $0.675 dividend. The ex-dividend date of this dividend is Friday, November 1st. This represents a $2.70 annualized dividend and a yield of 0.73%. AON’s dividend payout ratio is presently 22.78%.

Hedge Funds Weigh In On AON

Institutional investors have recently made changes to their positions in the company. Y.D. More Investments Ltd purchased a new stake in AON during the second quarter worth $31,000. Eastern Bank acquired a new position in shares of AON in the third quarter worth about $43,000. Nemes Rush Group LLC purchased a new stake in shares of AON during the 2nd quarter worth about $45,000. Bruce G. Allen Investments LLC increased its stake in shares of AON by 52.7% in the 2nd quarter. Bruce G. Allen Investments LLC now owns 168 shares of the financial services provider’s stock valued at $49,000 after purchasing an additional 58 shares in the last quarter. Finally, LRI Investments LLC acquired a new position in AON in the 1st quarter worth about $55,000. 86.14% of the stock is owned by hedge funds and other institutional investors.

AON Company Profile

Aon plc, a professional services firm, provides a range of risk and human capital solutions worldwide. It offers commercial risk solutions, including retail brokerage, specialty solutions, global risk consulting and captives management, and affinity programs; and health solutions, such as health and benefits brokerages, and health care exchanges.