Aon plc (NYSE: AON) is -1.87% lower on its value in year-to-date trading and has touched a low of $268.06 and a high of $395.33 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The AON stock was last observed hovering at around $348.44 in the last trading session, with the day’s gains setting it 4.01%.
Currently trading at $352.45, the stock is -1.42% and -4.93% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.48 million and changing 1.15% at the moment leaves the stock 6.51% off its SMA200. AON registered 19.26% gain for a year compared to 6-month gain of 19.31%. The firm has a 50-day simple moving average (SMA 50) of $370.74 and a 200-day simple moving average (SMA200) of $330.90836.
The stock witnessed a -6.76% loss in the last 1 month and extending the period to 3 months gives it a -0.43%, and is -1.87% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.44% over the week and 1.46% over the month.
Aon plc (AON) has around 50000 employees, a market worth around $76.22B and $15.01B in sales. Current P/E ratio is 29.76 and Fwd P/E is 20.27. Profit margin for the company is 16.23%. Distance from 52-week low is 31.48% and -10.85% from its 52-week high. The company has generated returns on investments over the last 12 months (10.13%).
The EPS is expected to grow by 9.26% this year
1567.0 institutions hold shares in Aon plc (AON), with institutional investors hold 91.48% of the company’s shares. The shares outstanding are 216.50M, and float is at 209.48M with Short Float at 2.05%. Institutions hold 88.71% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 19.31 million shares valued at $5.67 billion. The investor’s holdings represent 9.6975 of the AON Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 15.27 million shares valued at $4.48 billion to account for 7.6677 of the shares outstanding. The other top investors are MASSACHUSETTS FINANCIAL SERVICES CO /MA/ which holds 12.55 million shares representing 6.3047 and valued at over $3.69 billion, while CAPITAL WORLD INVESTORS holds 6.0456 of the shares totaling 12.04 million with a market value of $3.53 billion.
Aon plc (AON) Insider Activity
The most recent transaction is an insider sale by Simon Mindy F., the company’s Chief Operating Officer. SEC filings show that Simon Mindy F. sold 650 shares of the company’s common stock on Nov 27 ’24 at a price of $394.34 per share for a total of $0.26 million. Following the sale, the insider now owns 1816.0 shares.
Aon plc disclosed in a document filed with the SEC on Nov 26 ’24 that Stevens Lisa (Chief Administrative Officer) sold a total of 1,275 shares of the company’s common stock. The trade occurred on Nov 26 ’24 and was made at $387.68 per share for $0.49 million. Following the transaction, the insider now directly holds 8077.0 shares of the AON stock.
Still, SEC filings show that on Nov 27 ’24, Simon Mindy F. (Officer) Proposed Sale 650 shares at an average price of $394.34 for $0.26 million. The insider now directly holds shares of Aon plc (AON).
