Arizona State Retirement System Grows Position in Aon plc $AON

Arizona State Retirement System boosted its stake in shares of Aon plc (NYSE:AON) by 5.5% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 59,940 shares of the financial services provider’s stock after acquiring an additional 3,109 shares during the period. Arizona State Retirement System’s holdings in AON were worth $21,373,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Heartwood Wealth Advisors LLC bought a new position in AON during the third quarter valued at approximately $29,000. Salomon & Ludwin LLC bought a new position in shares of AON during the 3rd quarter valued at approximately $31,000. Atlantic Union Bankshares Corp purchased a new position in shares of AON in the second quarter valued at $31,000. Trust Co. of Toledo NA OH bought a new stake in AON in the second quarter worth $32,000. Finally, Twin Peaks Wealth Advisors LLC purchased a new stake in AON during the second quarter valued at $37,000. Institutional investors own 86.14% of the company’s stock.

AON News Roundup

Here are the key news stories impacting AON this week:

• Positive Sentiment: Q4 EPS topped estimates — Aon reported $4.85 EPS versus consensus near $4.75, and management pointed to margin benefits from restructuring and strong retention as drivers of the beat. Aon (AON) Surpasses Q4 Earnings Estimates
• Positive Sentiment: New business growth and retention — Company commentary and analyst notes highlight new business wins and high client retention that supported revenue composition and improved margins. Aon Q4 Earnings Top Estimates on New Business Growth, Strong Retention
• Positive Sentiment: Balance-sheet and cash flow progress — Full-year results show 9% total revenue growth, 6% organic growth, double-digit free cash flow growth and $1.9B of debt paydown; Aon says it met its leverage objective in Q4. These items reduce financial risk and support capital allocation. Aon Reports Fourth-Quarter and Full-Year 2025 Results
• Neutral Sentiment: Management detail and forward stance — The earnings call/transcript provides context on go-forward priorities (cost actions, cross-selling, integration planning) but offered limited new formal guidance in the release; watch management’s cadence on 2026 execution. Aon plc (AON) Q4 2025 Earnings Call Transcript
• Neutral Sentiment: Street reception — Analysts maintain a generally constructive view (consensus “Moderate Buy” and multi-year EPS estimates remain supportive), which can limit downside absent new negative news. Aon plc (NYSE:AON) Receives Consensus Rating of “Moderate Buy” from Analysts
• Negative Sentiment: Revenue slightly missed estimates — Q4 revenue of $4.30B came in below consensus near $4.38B, which raises questions about top-line momentum despite EPS strength from margins and mix. Aon (AON) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
• Negative Sentiment: Acquisition/integration risk — The planned ~$13B NFP acquisition remains a material event and is described as “facing a test” by coverage; any regulatory, execution or financing setbacks could pressure sentiment. Aon Reports Earnings Friday as $13 Billion NFP Acquisition Faces Test

Analyst Ratings Changes

A number of analysts have recently weighed in on AON shares. UBS Group reduced their target price on shares of AON from $400.00 to $390.00 and set a “neutral” rating on the stock in a report on Monday, November 10th. Keefe, Bruyette & Woods upped their price objective on AON from $410.00 to $416.00 and gave the company an “outperform” rating in a research report on Tuesday, January 6th. Roth Mkm reiterated a “buy” rating and issued a $390.00 target price on shares of AON in a report on Tuesday, November 4th. Citigroup upgraded AON from a “neutral” rating to a “buy” rating and set a $402.00 price target on the stock in a report on Monday, November 3rd. Finally, Barclays raised their price target on AON from $379.00 to $381.00 and gave the stock an “equal weight” rating in a research report on Thursday, January 8th. Twelve equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $408.47.

AON Price Performance

Shares of AON stock opened at $349.80 on Friday. The stock has a 50 day moving average price of $347.88 and a 200 day moving average price of $353.72. The firm has a market capitalization of $75.18 billion, a P/E ratio of 28.03, a P/E/G ratio of 1.76 and a beta of 0.84. The company has a debt-to-equity ratio of 1.86, a quick ratio of 1.35 and a current ratio of 1.35. Aon plc has a 52-week low of $323.73 and a 52-week high of $412.97.

AON (NYSE:AON) last released its earnings results on Friday, January 30th. The financial services provider reported $4.85 earnings per share for the quarter, topping the consensus estimate of $4.75 by $0.10. The business had revenue of $4.30 billion during the quarter, compared to the consensus estimate of $4.38 billion. AON had a return on equity of 48.88% and a net margin of 15.96%.The business’s revenue for the quarter was up 3.7% compared to the same quarter last year. During the same period last year, the company earned $4.42 earnings per share. As a group, sell-side analysts predict that Aon plc will post 17.21 earnings per share for the current year.

AON Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, February 13th. Shareholders of record on Monday, February 2nd will be paid a $0.745 dividend. This represents a $2.98 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date is Monday, February 2nd. AON’s dividend payout ratio is currently 23.88%.

About AON

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.