Lazard Asset Management LLC Reduces Position in Aon plc $AON

27 Jul 2026, 10:25 by Kim Johansen · The Markets Daily

Lazard Asset Management LLC reduced its position in Aon plc (NYSE:AON – Free Report) by 5.4% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,217,243 shares of the financial services provider’s stock after selling 68,829 shares during the quarter. Lazard Asset Management LLC’s holdings in AON were worth $392,902,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of AON. Wealth Watch Advisors INC bought a new position in shares of AON during the third quarter valued at approximately $25,000. University of Texas Texas AM Investment Management Co. purchased a new position in AON during the 4th quarter valued at $27,000. Kemnay Advisory Services Inc. bought a new position in AON in the 4th quarter valued at $29,000. Eagle Bay Advisors LLC purchased a new stake in AON in the fourth quarter worth $30,000. Finally, Strive Asset Management LLC bought a new stake in shares of AON during the third quarter worth $35,000. Hedge funds and other institutional investors own 86.14% of the company’s stock.

Insider Buying and Selling

In other AON news, General Counsel Darren Zeidel sold 600 shares of the company’s stock in a transaction on Tuesday, July 7th. The stock was sold at an average price of $360.00, for a total transaction of $216,000.00. Following the completion of the sale, the general counsel owned 15,354 shares in the company, valued at $5,527,440. This represents a 3.76% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 1.00% of the stock is owned by company insiders.

AON Stock Down 0.1%

NYSE:AON opened at $361.26 on Monday. The company has a debt-to-equity ratio of 1.36, a current ratio of 1.95 and a quick ratio of 1.95. Aon plc has a 1-year low of $304.59 and a 1-year high of $381.00. The company has a 50-day moving average of $336.57 and a 200 day moving average of $331.24. The firm has a market cap of $77.16 billion, a PE ratio of 19.83, a price-to-earnings-growth ratio of 1.89 and a beta of 0.71.

AON (NYSE:AON – Get Free Report) last posted its earnings results on Saturday, May 2nd. The financial services provider reported $6.48 EPS for the quarter, beating analysts’ consensus estimates of $6.37 by $0.11. AON had a net margin of 22.54% and a return on equity of 43.50%. The business had revenue of $5.03 billion for the quarter, compared to the consensus estimate of $4.97 billion. During the same quarter last year, the firm posted $5.67 EPS. The company’s revenue for the quarter was up 6.4% on a year-over-year basis. As a group, research analysts anticipate that Aon plc will post 19.09 EPS for the current fiscal year.

AON Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 14th. Investors of record on Monday, August 3rd will be paid a $0.82 dividend. The ex-dividend date of this dividend is Monday, August 3rd. This represents a $3.28 dividend on an annualized basis and a yield of 0.9%. AON’s payout ratio is 18.00%.

Analyst Upgrades and Downgrades

AON has been the topic of a number of research analyst reports. UBS Group upped their price target on shares of AON from $360.00 to $383.00 and gave the stock a “neutral” rating in a report on Wednesday, July 8th. Wells Fargo & Company lowered their price objective on shares of AON from $409.00 to $406.00 and set an “overweight” rating for the company in a research report on Thursday, July 9th. Keefe, Bruyette & Woods dropped their target price on shares of AON from $404.00 to $400.00 and set an “outperform” rating on the stock in a research note on Wednesday, July 8th. Morgan Stanley lifted their price target on shares of AON from $370.00 to $380.00 and gave the company an “overweight” rating in a research note on Monday, July 6th. Finally, Cantor Fitzgerald increased their price objective on AON from $416.00 to $445.00 and gave the stock an “overweight” rating in a research note on Thursday, July 9th. Twelve analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $404.56.

Read Our Latest Stock Analysis on AON

AON Profile

(Free Report)

Aon plc is a global professional services firm that provides a broad suite of risk, retirement and health solutions to corporations, institutions and individuals. The company operates primarily as an insurance broker and risk adviser, helping clients identify, quantify and transfer risk across property, casualty, cyber and other areas. Aon also offers reinsurance brokerage and capital market solutions that connect insurers, reinsurers and corporate buyers.