FY2017 Earnings Forecast for Aon plc Class A (AON) Issued By Langen Mcalenn

Aon plc Class A (NYSE:AON) – Analysts at Langen Mcalenn raised their FY2017 earnings estimates for Aon plc Class A in a research note issued to investors on Monday. Langen Mcalenn analyst L. Greenberg now forecasts that the financial services provider will earn $6.42 per share for the year, up from their previous estimate of $6.35. Langen Mcalenn also issued estimates for Aon plc Class A’s Q3 2018 earnings at $1.65 EPS and Q4 2018 earnings at $2.77 EPS.

Other equities research analysts also recently issued reports about the stock. Citigroup Inc. lifted their target price on shares of Aon plc Class A from $144.00 to $155.00 and gave the stock a “buy” rating in a research report on Thursday, July 13th. Zacks Investment Research lowered shares of Aon plc Class A from a “buy” rating to a “hold” rating in a report on Tuesday. Royal Bank Of Canada restated a “hold” rating and set a $143.00 price target on shares of Aon plc Class A in a report on Sunday, August 6th. Jefferies Group LLC restated a “buy” rating and set a $162.00 price target (up previously from $146.00) on shares of Aon plc Class A in a report on Monday, July 24th. Finally, BidaskClub lowered shares of Aon plc Class A from a “strong-buy” rating to a “buy” rating in a report on Friday, August 18th. One equities research analyst has rated the stock with a sell rating, twelve have given a hold rating and four have assigned a buy rating to the stock. Aon plc Class A has a consensus rating of “Hold” and an average price target of $144.42.

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Shares of Aon plc Class A (NYSE:AON) opened at 143.43 on Tuesday. The company has a market cap of $36.48 billion, a P/E ratio of 20.95 and a beta of 1.04. The firm has a 50-day moving average of $147.09 and a 200 day moving average of $136.35. Aon plc Class A has a 52 week low of $107.50 and a 52 week high of $152.78.

Aon plc Class A (NYSE:AON) last posted its quarterly earnings results on Friday, October 27th. The financial services provider reported $1.29 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.28 by $0.01. The business had revenue of $2.34 billion during the quarter, compared to the consensus estimate of $2.29 billion. Aon plc Class A had a net margin of 16.78% and a return on equity of 32.71%. Aon plc Class A’s revenue for the quarter was up 6.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.29 earnings per share.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 15th. Stockholders of record on Wednesday, November 1st will be paid a $0.36 dividend. The ex-dividend date of this dividend is Tuesday, October 31st. This represents a $1.44 annualized dividend and a dividend yield of 1.00%. Aon plc Class A’s dividend payout ratio is currently 21.79%.

In other news, CEO Michael J. O’connor sold 10,000 shares of Aon plc Class A stock in a transaction on Tuesday, September 19th. The shares were sold at an average price of $145.00, for a total value of $1,450,000.00. Following the completion of the sale, the chief executive officer now owns 123,805 shares in the company, valued at approximately $17,951,725. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.90% of the company’s stock.

Several large investors have recently added to or reduced their stakes in the company. Morse Asset Management Inc bought a new stake in shares of Aon plc Class A in the 3rd quarter valued at $219,000. Smith Chas P & Associates PA Cpas bought a new stake in shares of Aon plc Class A in the 3rd quarter valued at $219,000. Syntal Capital Partners LLC increased its stake in shares of Aon plc Class A by 13.6% in the 3rd quarter. Syntal Capital Partners LLC now owns 4,414 shares of the financial services provider’s stock valued at $644,000 after acquiring an additional 527 shares in the last quarter. Andra AP fonden increased its stake in shares of Aon plc Class A by 7.0% in the 3rd quarter. Andra AP fonden now owns 104,309 shares of the financial services provider’s stock valued at $15,240,000 after acquiring an additional 6,809 shares in the last quarter. Finally, Goelzer Investment Management Inc. increased its stake in shares of Aon plc Class A by 15.5% in the 3rd quarter. Goelzer Investment Management Inc. now owns 21,471 shares of the financial services provider’s stock valued at $3,137,000 after acquiring an additional 2,875 shares in the last quarter. Institutional investors own 84.52% of the company’s stock.

Aon plc Class A Company Profile

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 Class A (NYSE:AON)

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