Q4 2017 Earnings Estimate for Aon PLC Issued By William Blair (AON)

Aon PLC (NYSE:AON) – William Blair decreased their Q4 2017 earnings estimates for Aon PLC in a research note issued to investors on Monday. William Blair analyst A. Klauber now anticipates that the financial services provider will earn $2.32 per share for the quarter, down from their previous forecast of $2.33. William Blair also issued estimates for Aon PLC’s Q1 2018 earnings at $1.78 EPS, Q2 2018 earnings at $1.80 EPS and Q4 2018 earnings at $2.85 EPS.

Aon PLC (NYSE:AON) last released its earnings results on Friday, August 4th. The financial services provider reported $1.45 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $1.45. Aon PLC had a return on equity of 32.62% and a net margin of 17.28%. The firm had revenue of $2.37 billion during the quarter, compared to analysts’ expectations of $2.37 billion. During the same period in the previous year, the firm posted $1.39 EPS. Aon PLC’s revenue for the quarter was up 3.8% on a year-over-year basis.

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Several other research analysts have also weighed in on AON. Zacks Investment Research lowered Aon PLC from a “hold” rating to a “sell” rating in a research report on Wednesday, April 12th. Wells Fargo & Company reaffirmed a “hold” rating on shares of Aon PLC in a research report on Sunday, April 16th. Jefferies Group LLC reissued a “buy” rating and issued a $146.00 price objective (up from $137.00) on shares of Aon PLC in a research report on Tuesday, May 9th. Credit Suisse Group reissued a “sell” rating and issued a $122.00 price objective on shares of Aon PLC in a research report on Wednesday, May 10th. Finally, UBS AG reissued a “neutral” rating and issued a $133.00 price objective (up from $125.00) on shares of Aon PLC in a research report on Friday, May 12th. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and five have given a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $136.17.

Aon PLC (NYSE AON) opened at 138.77 on Tuesday. The firm has a market capitalization of $36.37 billion, a PE ratio of 27.41 and a beta of 1.03. Aon PLC has a 1-year low of $107.19 and a 1-year high of $141.30. The company’s 50-day moving average price is $135.80 and its 200 day moving average price is $123.89.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, August 15th. Stockholders of record on Tuesday, August 1st will be given a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.04%. The ex-dividend date is Friday, July 28th. Aon PLC’s payout ratio is 20.48%.

In other news, SVP Laurel G. Meissner sold 4,000 shares of Aon PLC stock in a transaction dated Thursday, May 18th. The stock was sold at an average price of $126.19, for a total transaction of $504,760.00. Following the sale, the senior vice president now directly owns 16,314 shares of the company’s stock, valued at $2,058,663.66. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP Peter M. Lieb sold 2,000 shares of Aon PLC stock in a transaction dated Thursday, May 25th. The stock was sold at an average price of $130.40, for a total value of $260,800.00. Following the sale, the executive vice president now directly owns 20,216 shares in the company, valued at $2,636,166.40. The disclosure for this sale can be found here. 0.90% of the stock is currently owned by insiders.

Several hedge funds have recently made changes to their positions in the company. Longview Partners Guernsey LTD raised its stake in shares of Aon PLC by 1.7% in the second quarter. Longview Partners Guernsey LTD now owns 6,700,077 shares of the financial services provider’s stock worth $890,775,000 after buying an additional 114,690 shares during the last quarter. Mawer Investment Management Ltd. raised its stake in shares of Aon PLC by 2.5% in the second quarter. Mawer Investment Management Ltd. now owns 5,131,164 shares of the financial services provider’s stock worth $682,188,000 after buying an additional 122,803 shares during the last quarter. Boston Partners raised its stake in shares of Aon PLC by 1.3% in the second quarter. Boston Partners now owns 3,066,684 shares of the financial services provider’s stock worth $407,715,000 after buying an additional 39,993 shares during the last quarter. Tesco Pension Investment Ltd raised its stake in shares of Aon PLC by 4.2% in the second quarter. Tesco Pension Investment Ltd now owns 1,530,405 shares of the financial services provider’s stock worth $203,467,000 after buying an additional 61,907 shares during the last quarter. Finally, Legal & General Group Plc raised its stake in shares of Aon PLC by 4.5% in the second quarter. Legal & General Group Plc now owns 1,347,737 shares of the financial services provider’s stock worth $179,183,000 after buying an additional 58,225 shares during the last quarter. 86.41% of the stock is currently owned by institutional investors and hedge funds.

About Aon PLC

Aon plc (Aon) is a global provider of risk management services, insurance and reinsurance brokerage, and human resource consulting and outsourcing, delivering distinctive client value via risk management and workforce productivity solutions. The Company operates in two segments: Risk Solutions and Human Resource (HR) Solutions.

Earnings History and Estimates for Aon PLC (NYSE:AON)

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