Pekin Hardy Strauss Inc. Buys 127,829 Shares of Aon plc $AON

Pekin Hardy Strauss Inc. raised its stake in shares of Aon plc (NYSE:AON) by 4,362.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 130,759 shares of the financial services provider’s stock after acquiring an additional 127,829 shares during the quarter. AON makes up about 3.1% of Pekin Hardy Strauss Inc.’s portfolio, making the stock its 2nd biggest position. Pekin Hardy Strauss Inc. owned approximately 0.06% of AON worth $36,190,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Robeco Institutional Asset Management B.V. raised its position in shares of AON by 11,179.6% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 4,026,135 shares of the financial services provider’s stock worth $1,114,313,000 after acquiring an additional 3,990,441 shares in the last quarter. Ninety One UK Ltd boosted its position in AON by 419.8% during the third quarter. Ninety One UK Ltd now owns 836,932 shares of the financial services provider’s stock valued at $231,638,000 after purchasing an additional 675,919 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its position in AON by 74.7% during the first quarter. Arrowstreet Capital Limited Partnership now owns 797,418 shares of the financial services provider’s stock valued at $257,391,000 after purchasing an additional 340,866 shares in the last quarter. Kestra Advisory Services LLC grew its stake in AON by 754.4% in the third quarter. Kestra Advisory Services LLC now owns 380,635 shares of the financial services provider’s stock valued at $105,348,000 after purchasing an additional 336,085 shares during the last quarter. Finally, The Manufacturers Life Insurance Company grew its stake in AON by 136.1% in the first quarter. The Manufacturers Life Insurance Company now owns 547,850 shares of the financial services provider’s stock valued at $176,835,000 after purchasing an additional 315,817 shares during the last quarter. 86.14% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at AON

In related news, Director Lester Knight bought 20,000 shares of the stock in a transaction that occurred on Wednesday, September 2nd. The stock was bought at an average cost of $327.48 per share, for a total transaction of $6,549,600.00. Following the purchase, the director directly owned 163,000 shares of the company’s stock, valued at approximately $53,379,240. This trade represents a 13.99% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 1.00% of the stock is owned by insiders.

Trending Headlines about AON

Here are the key news stories impacting AON this week:

• Positive Sentiment: Aon renewed its Aon Client Treaty for 2027, raising co-insurance on eligible business from 28.5% to 35%. The expansion also applies the 1.5% client dividend to a larger share of eligible placements and adds facultative capacity. It strengthens Aon’s offering to clients, though the announcement did not quantify its earnings impact. Aon Client Treaty expands to 35% co-insurance for 2027
• Positive Sentiment: Aon and Munich Re launched a pandemic reinsurance solution for insurers in Indonesia and the Philippines, potentially creating a new offering in markets with coverage gaps. Aon and Munich Re launch pandemic reinsurance solution
• Neutral Sentiment: Analyst views were mixed: BMO Capital Markets upgraded AON, while UBS cut its price target; Cantor Fitzgerald and Wells Fargo coverage headlines also pointed to expected upside. BMO upgrades AON UBS cuts AON price target
• Negative Sentiment: Dowling & Partners lowered its 2026 EPS estimate to $18.50 from $18.70, although that remains close to the $18.49 consensus estimate. AON analyst estimate update

AON Trading Down 0.1%

Shares of NYSE:AON opened at $344.43 on Friday. The business’s 50-day moving average is $300.76 and its 200 day moving average is $325.95. Aon plc has a 1 year low of $266.33 and a 1 year high of $382.34. The firm has a market capitalization of $73.07 billion, a P/E ratio of 18.86, a P/E/G ratio of 1.82 and a beta of 0.63. The company has a debt-to-equity ratio of 2.58, a current ratio of 4.72 and a quick ratio of 4.72.

AON (NYSE:AON) last released its quarterly earnings results on Wednesday, October 28th. The financial services provider reported $3.36 EPS for the quarter, beating analysts’ consensus estimates of $3.30 by $0.06. The company had revenue of $4.10 billion during the quarter, compared to analysts’ expectations of $4.08 billion. AON had a return on equity of 40.46% and a net margin of 22.24%. The firm’s revenue was up 2.6% compared to the same quarter last year. During the same period last year, the business posted $3.05 earnings per share. On average, research analysts predict that Aon plc will post 18.47 earnings per share for the current fiscal year.

AON Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 13th. Investors of record on Monday, November 2nd will be given a $0.82 dividend. This represents a $3.28 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend is Monday, November 2nd. AON’s dividend payout ratio (DPR) is presently 17.96%.

Wall Street Analyst Weigh In

Several analysts have commented on AON shares. Raymond James Financial raised shares of AON from an “underperform” rating to a “market perform” rating in a research report on Monday. Zacks Research downgraded shares of AON from a “hold” rating to a “strong sell” rating in a research report on Monday, October 26th. Mizuho reduced their price objective on shares of AON from $366.00 to $324.00 and set an “outperform” rating for the company in a research note on Wednesday, October 7th. Cantor Fitzgerald increased their target price on shares of AON from $400.00 to $410.00 and gave the company an “overweight” rating in a research report on Monday. Finally, Morgan Stanley lowered their target price on shares of AON from $410.00 to $350.00 and set an “overweight” rating for the company in a research note on Tuesday, October 6th. Thirteen equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, AON presently has a consensus rating of “Hold” and a consensus price target of $369.12.

AON Company Profile

Aon plc is a global professional services firm that helps organizations manage risk, make informed decisions and improve workforce outcomes. Its services span commercial risk, health, retirement and investments, and data and analytics.

The company provides insurance brokerage and risk-management services, including coverage placement, claims support, risk transfer and consulting. Through its reinsurance business, Aon also serves insurers and other organizations seeking to manage catastrophe, capital and underwriting risks.

Aon’s human capital offerings include employee benefits consulting, retirement advisory services, talent and compensation consulting, and health and workforce solutions.