Roth Capital Has Positive Outlook for AON FY2024 Earnings

Aon plc (NYSE:AON) – Stock analysts at Roth Capital lifted their FY2024 earnings per share (EPS) estimates for AON in a report issued on Tuesday, October 29th. Roth Capital analyst H. Fong now forecasts that the financial services provider will post earnings of $15.45 per share for the year, up from their prior estimate of $15.25. The consensus estimate for AON’s current full-year earnings is $15.25 per share. Roth Capital also issued estimates for AON’s Q3 2025 earnings at $2.82 EPS, Q4 2025 earnings at $5.16 EPS, FY2025 earnings at $17.50 EPS, Q1 2026 earnings at $7.63 EPS, Q2 2026 earnings at $3.70 EPS and Q3 2026 earnings at $3.07 EPS.

Several other equities research analysts have also recently commented on the company. Deutsche Bank Aktiengesellschaft boosted their target price on AON from $311.00 to $353.00 and gave the stock a “hold” rating in a report on Monday, August 26th. Evercore ISI upped their price target on AON from $338.00 to $384.00 and gave the company an “in-line” rating in a report on Wednesday, October 9th. Bank of America upped their price target on AON from $345.00 to $375.00 and gave the company an “underperform” rating in a report on Thursday, October 10th. Piper Sandler lifted their price objective on shares of AON from $312.00 to $335.00 and gave the stock a “neutral” rating in a research report on Monday, July 29th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of AON from $353.00 to $379.00 and gave the stock an “overweight” rating in a research report on Thursday, July 11th. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $355.75.

AON Price Performance

Shares of NYSE:AON opened at $369.43 on Thursday. AON has a 12 month low of $268.06 and a 12 month high of $389.21. The stock has a market cap of $80.25 billion, a price-to-earnings ratio of 31.18, a PEG ratio of 2.43 and a beta of 0.92. The stock’s 50 day moving average price is $351.06 and its 200 day moving average price is $317.89. The company has a debt-to-equity ratio of 2.66, a current ratio of 2.05 and a quick ratio of 2.42.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of AON. Y.D. More Investments Ltd acquired a new position in AON during the 2nd quarter worth $31,000. Eastern Bank acquired a new position in AON during the 3rd quarter worth $43,000. Nemes Rush Group LLC acquired a new position in AON during the 2nd quarter worth $45,000. Bruce G. Allen Investments LLC lifted its position in AON by 52.7% during the 2nd quarter. Bruce G. Allen Investments LLC now owns 168 shares of the financial services provider’s stock worth $49,000 after acquiring an additional 58 shares during the last quarter. Finally, LRI Investments LLC acquired a new position in shares of AON during the first quarter valued at about $55,000. Institutional investors and hedge funds own 86.14% of the company’s stock.

AON Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, November 15th. Shareholders of record on Friday, November 1st will be given a dividend of $0.675 per share. This represents a $2.70 dividend on an annualized basis and a yield of 0.73%. The ex-dividend date is Friday, November 1st. AON’s dividend payout ratio is 22.78%.

About AON

Aon plc, a professional services firm, provides a range of risk and human capital solutions worldwide. It offers commercial risk solutions, including retail brokerage, specialty solutions, global risk consulting and captives management, and affinity programs; and health solutions, such as health and benefits brokerages, and health care exchanges.