AON (NYSE:AON) announced its quarterly earnings data on Friday. The financial services provider reported $1.96 earnings per share for the quarter, beating analysts’ consensus estimates of $1.92 by $0.04, MarketWatch Earnings reports. The firm had revenue of $2.50 billion during the quarter, compared to analysts’ expectations of $2.58 billion. AON had a net margin of 14.84% and a return on equity of 63.91%. The business’s quarterly revenue was down 4.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.87 earnings per share.

Shares of NYSE AON opened at $205.22 on Friday. The stock’s 50-day simple moving average is $194.84 and its 200-day simple moving average is $196.09. The firm has a market capitalization of $47.52 billion, a PE ratio of 29.57 and a beta of 0.88. AON has a fifty-two week low of $143.93 and a fifty-two week high of $238.19. The company has a debt-to-equity ratio of 1.91, a quick ratio of 1.29 and a current ratio of 1.29.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 14th. Stockholders of record on Monday, August 3rd will be issued a $0.44 dividend. The ex-dividend date is Friday, July 31st. This represents a $1.76 dividend on an annualized basis and a dividend yield of 0.86%. AON’s payout ratio is currently 19.19%.

In other AON news, President Eric Andersen sold 1,500 shares of the company’s stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $199.13, for a total value of $298,695.00. Following the completion of the transaction, the president now owns 102,814 shares in the company, valued at $20,473,351.82. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Lester B. Knight acquired 70,000 shares of the company’s stock in a transaction on Wednesday, May 13th. The shares were purchased at an average cost of $195.00 per share, for a total transaction of $13,650,000.00. The disclosure for this purchase can be found here. Insiders sold 2,850 shares of company stock valued at $560,250 over the last ninety days. 0.92% of the stock is currently owned by corporate insiders.

Several equities analysts have commented on AON shares. Wells Fargo & Co dropped their price target on shares of AON from $232.00 to $215.00 and set an “overweight” rating for the company in a research note on Monday, May 4th. Morgan Stanley lowered their target price on AON from $225.00 to $216.00 and set an “equal weight” rating for the company in a research note on Wednesday, July 15th. Jefferies Financial Group upped their price target on AON from $214.00 to $225.00 and gave the stock a “buy” rating in a report on Thursday, June 25th. Royal Bank of Canada reiterated a “hold” rating and issued a $200.00 price objective on shares of AON in a research note on Monday, July 20th. Finally, Cfra lowered their price objective on AON from $230.00 to $205.00 and set a “buy” rating for the company in a research report on Friday, May 1st. Seven research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. AON currently has a consensus rating of “Buy” and a consensus target price of $209.27.

AON Company Profile

Aon plc, a professional services firm, provides advisory and solutions based on risk, retirement, and health to clients. It offers commercial risk solutions, including retail brokerage, cyber, and global risk consulting solutions, as well as acts as a captive insurance provider; and health solutions, such as health and benefits brokerages, and health care exchanges.

Further Reading: Portfolio Manager

Earnings History for AON (NYSE:AON)

Receive News & Ratings for AON Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AON and related companies with MarketBeat.com's FREE daily email newsletter.