AON (AON) to Release Quarterly Earnings on Friday

AON (NYSE:AON) is projected to issue its quarterly earnings data before the market opens on Friday, January 31st. Analysts expect the company to announce earnings of $4.25 per share and revenue of $4.21 billion for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

AON Price Performance

Shares of AON stock opened at $371.79 on Wednesday. AON has a twelve month low of $268.06 and a twelve month high of $395.33. The company has a current ratio of 2.05, a quick ratio of 2.05 and a debt-to-equity ratio of 2.66. The company has a market capitalization of $80.41 billion, a PE ratio of 31.37, a price-to-earnings-growth ratio of 2.00 and a beta of 0.93. The firm has a fifty day simple moving average of $367.30 and a 200-day simple moving average of $352.47.

AON Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 14th. Shareholders of record on Monday, February 3rd will be paid a dividend of $0.675 per share. The ex-dividend date of this dividend is Monday, February 3rd. This represents a $2.70 dividend on an annualized basis and a yield of 0.73%. AON’s dividend payout ratio (DPR) is 22.78%.

Analyst Upgrades and Downgrades

A number of research firms have commented on AON. BMO Capital Markets increased their price objective on shares of AON from $325.00 to $380.00 and gave the company a “market perform” rating in a research note on Monday, November 4th. JPMorgan Chase & Co. increased their price objective on shares of AON from $379.00 to $394.00 and gave the company an “overweight” rating in a research note on Friday, January 3rd. Wells Fargo & Company upgraded shares of AON from an “equal weight” rating to an “overweight” rating and increased their price objective for the company from $377.00 to $410.00 in a research note on Tuesday, January 14th. Keefe, Bruyette & Woods dropped their target price on shares of AON from $415.00 to $411.00 and set an “outperform” rating on the stock in a report on Friday, January 10th. Finally, Evercore ISI raised shares of AON from an “in-line” rating to an “outperform” rating and increased their target price for the stock from $407.00 to $420.00 in a report on Wednesday, January 8th. One analyst has rated the stock with a sell rating, eight have given a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $370.87.

Insider Buying and Selling

In related news, COO Mindy F. Simon sold 650 shares of the stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $394.34, for a total value of $256,321.00. Following the completion of the transaction, the chief operating officer now owns 1,816 shares in the company, valued at $716,121.44. This represents a 26.36 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Lisa Stevens sold 1,275 shares of the stock in a transaction dated Tuesday, November 26th. The shares were sold at an average price of $387.68, for a total transaction of $494,292.00. Following the completion of the transaction, the insider now owns 8,077 shares of the company’s stock, valued at $3,131,291.36. This represents a 13.63 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.30% of the company’s stock.

AON Company Profile

Aon Plc engages in the provision of risk, health, and wealth solutions. It focuses on risk capital including claim management, reinsurance, risk analysis, management, retention, and transfer; and human capital involving analytics, health and benefits, investments, pensions and retirement, talent and rewards, and workplace wellbeing.