FY2022 EPS Estimates for Aon plc Raised by Jefferies Financial Group (NYSE:AON)

Aon plc (NYSE:AONGet Rating) – Equities researchers at Jefferies Financial Group raised their FY2022 earnings per share estimates for AON in a note issued to investors on Monday, January 9th. Jefferies Financial Group analyst Y. Kinar now expects that the financial services provider will earn $13.30 per share for the year, up from their previous forecast of $13.25. The consensus estimate for AON’s current full-year earnings is $13.15 per share. Jefferies Financial Group also issued estimates for AON’s Q4 2022 earnings at $3.82 EPS, FY2023 earnings at $14.75 EPS, FY2024 earnings at $16.15 EPS and FY2025 earnings at $17.90 EPS.

AON has been the subject of a number of other reports. Wells Fargo & Company increased their price target on AON from $302.00 to $304.00 and gave the company an “equal weight” rating in a research note on Monday, October 31st. Raymond James lowered AON from a “market perform” rating to an “underperform” rating in a research report on Monday, October 31st. StockNews.com began coverage on AON in a research report on Wednesday, October 12th. They issued a “hold” rating for the company. TheStreet upgraded AON from a “c+” rating to a “b-” rating in a research note on Friday, December 9th. Finally, MKM Partners raised their target price on AON from $335.00 to $360.00 and gave the company a “buy” rating in a research note on Monday, December 5th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and one has issued a buy rating to the company’s stock. Based on data from MarketBeat.com, AON has a consensus rating of “Hold” and an average price target of $305.50.

AON Trading Up 0.3 %

Shares of AON stock opened at $307.33 on Tuesday. The stock’s fifty day moving average price is $299.73 and its two-hundred day moving average price is $287.72. The company has a market cap of $63.57 billion, a PE ratio of 23.86, a P/E/G ratio of 1.96 and a beta of 0.88. AON has a fifty-two week low of $246.21 and a fifty-two week high of $341.98. The company has a debt-to-equity ratio of 12.27, a quick ratio of 1.56 and a current ratio of 1.56.

AON (NYSE:AONGet Rating) last announced its earnings results on Friday, October 28th. The financial services provider reported $2.02 earnings per share for the quarter, topping analysts’ consensus estimates of $2.01 by $0.01. The company had revenue of $2.70 billion for the quarter, compared to analyst estimates of $2.81 billion. AON had a return on equity of 445.81% and a net margin of 22.49%. The firm’s quarterly revenue was down .2% compared to the same quarter last year. During the same quarter last year, the company earned $1.74 earnings per share.

Institutional Investors Weigh In On AON

A number of institutional investors have recently made changes to their positions in AON. Neo Ivy Capital Management purchased a new stake in AON in the third quarter worth approximately $25,000. Western Pacific Wealth Management LP bought a new stake in AON in the 3rd quarter valued at $29,000. Larson Financial Group LLC bought a new stake in AON in the 2nd quarter valued at $32,000. Coston McIsaac & Partners bought a new stake in AON in the 2nd quarter valued at $38,000. Finally, Grayhawk Investment Strategies Inc. purchased a new position in shares of AON in the 2nd quarter worth $49,000. Hedge funds and other institutional investors own 86.12% of the company’s stock.

AON Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, February 15th. Shareholders of record on Wednesday, February 1st will be paid a dividend of $0.56 per share. This represents a $2.24 dividend on an annualized basis and a dividend yield of 0.73%. AON’s dividend payout ratio is 17.39%.

About AON

(Get Rating)

Aon plc, a professional services firm, provides advice and solutions to clients focused on risk, retirement, and health worldwide. It offers commercial risk solutions, including retail brokerage, cyber, and global risk consulting solutions, as well as acts as a captives management; and health solutions, such as health and benefits brokerages, and health care exchanges.

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Earnings History and Estimates for AON (NYSE:AON)

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