Aon
AON

$323

8.04%

Market Cap: 70.2B

About: Aon is a leading global provider of insurance and reinsurance brokerage and human resources solutions. Its operations are tilted toward its brokerage operations. Headquartered in London, Aon has about 50,000 employees and operations in over 120 countries.

Employees: 50,000

Financials Insurance Agents, Brokers & Service

0

Funds holding %

of 6,702 funds

0

Analysts bullish %

of 17 analysts

0

News positive %

of 15 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

52% more call options, than puts

Call options by funds: $199M | Put options by funds: $131M

14% more capital invested

Capital invested by funds: $49.6B [Q4 2023] → $56.6B (+$7B) [Q1 2024]

12% more first-time investments, than exits

New positions opened: 130 | Existing positions closed: 116

4% more funds holding in top 10

Funds holding in top 10: 26 [Q4 2023] → 27 (+1) [Q1 2024]

1% more funds holding

Funds holding: 1,035 [Q4 2023] → 1,049 (+14) [Q1 2024]

0.45% more ownership

Funds ownership: 85.1% [Q4 2023] → 85.55% (+0.45%) [Q1 2024]

14% less repeat investments, than reductions

Existing positions increased: 347 | Existing positions reduced: 402

See Fund Rankings

Research analyst outlook

17 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$287

11%

downside

Avg. target

$319

1%

downside

High target

$379

17%

upside

17 analyst ratings

2 positive

12%

11 neutral

65%

4 negative

24%

JP Morgan Jimmy Bhullar	17%upside $379	Overweight Maintained	11 Jul 2024
Morgan Stanley Michael Phillips	8%downside $296	Equal-Weight Maintained	10 Jul 2024
Wells Fargo Elyse Greenspan	11%downside $287	Underweight Maintained	2 Jul 2024
RBC Capital Scott Heleniak	2%downside $315	Sector Perform Reiterated	18 Jun 2024
Deutsche Bank Cave Montazeri	4%downside $311	Hold Reinstated	28 May 2024

See Analyst Rankings

Financial journalist opinion

Based on 15 articles about AON published over the past 30 days

Aon plc (AON) Q2 2024 Earnings Call Transcript

Aon plc (NYSE:AON ) Q2 2024 Earnings Conference Call July 26, 2024 8:30 AM ET Company Participants Greg Case - Chief Executive Officer Edmund Reese - Executive Vice President and Chief Financial Officer Christa Davies - Chief Financial Officer Eric Andersen - President Conference Call Participants Elyse Greenspan - Wells Fargo Andrew Kligerman - TD Securities Michael Zaremski - BMO Capital Markets Jimmy Bhullar - JPMorgan Robert Cox - Goldman Sachs David Motemaden - Evercore ISI Meyer Shields - KBW Grace Carter - Bank of America Cave Montazeri - Deutsche Bank Operator Good morning and thank you for holding. Welcome to Aon plc's Second Quarter 2024 Conference Call.

Aon plc (AON) Q2 2024 Earnings Call Transcript

Zacks Investment Research

AON Q2 Earnings Miss Estimates on Higher Benefit Expenses

AON's second-quarter results reflect elevated operating expenses, partly offset by strong revenue contributions of the Health Solutions and Wealth Solutions businesses.

AON Q2 Earnings Miss Estimates on Higher Benefit Expenses

Zacks Investment Research

Here's What Key Metrics Tell Us About Aon (AON) Q2 Earnings

While the top- and bottom-line numbers for Aon (AON) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Here's What Key Metrics Tell Us About Aon (AON) Q2 Earnings

Zacks Investment Research

Aon (AON) Q2 Earnings Miss Estimates

Aon (AON) came out with quarterly earnings of $2.93 per share, missing the Zacks Consensus Estimate of $3.09 per share. This compares to earnings of $2.76 per share a year ago.

Aon (AON) Q2 Earnings Miss Estimates

Aon Reports Second Quarter 2024 Results

Second Quarter Key Metrics Total revenue increased 18% to $3.8 billion, including organic revenue growth of 6% Operating margin decreased 910 basis points to 17.4%, and adjusted operating margin increased 10 basis points to 27.4% EPS decreased 9% to $2.46, and adjusted EPS increased 6% to $2.93 For the first six months of 2024, cash flows from operations decreased 27% to $822 million, and free cash flow decreased 27% to $721 million Second Quarter Highlights Completed the acquisition of NFP, a leading middle-market provider of risk, benefits, wealth and retirement plan advisory solutions, for $13.0 billion enterprise value, and are on-track to deliver financial commitments Repurchased 0.8 million class A ordinary shares for approximately $250 million Appointed Edmund Reese to serve as next CFO, effective July 29, 2024 Announced a first-of-its-kind, public-private solution to build insurance capacity and accelerate new capital investments and economic recovery in Ukraine, bringing total capacity of $350 million DUBLIN , July 26, 2024 /PRNewswire/ -- Aon plc (NYSE: AON) today reported results for the three months ended June 30, 2024. Net income attributable to Aon shareholders decreased 9% to $2.46 per share on a diluted basis, compared to $2.71 per share on a diluted basis, in the prior year period.

Aon Reports Second Quarter 2024 Results

Zacks Investment Research

Will Rising Expenses Play Spoilsport for AON's Q2 Earnings?

AON's second-quarter results are likely to reflect growing contributions from its Health Solutions unit.

Will Rising Expenses Play Spoilsport for AON's Q2 Earnings?

Zacks Investment Research

Aon (AON) Earnings Expected to Grow: Should You Buy?

Aon (AON) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Aon (AON) Earnings Expected to Grow: Should You Buy?

Elevated Severe Convective Storm Losses Reduced Protection Gap to 50 Percent, Aon 1H Global Catastrophe Report

80 percent of 1H global natural catastrophe claims related to U.S. events LONDON , July 18, 2024 /PRNewswire/ -- Aon plc (NYSE: AON), a leading global professional services firm, today published its Global Catastrophe Recap: First Half 2024 report, which cites a preliminary estimate of more than $117 billion in economic losses from global natural disasters during the first half (1H) of 2024. This figure was lower than the 21st-century 1H average of $137 billion, and significantly lower than the economic losses recorded in 1H 2023 ($226 billion).

Elevated Severe Convective Storm Losses Reduced Protection Gap to 50 Percent, Aon 1H Global Catastrophe Report

Zacks Investment Research

Zacks Industry Outlook Marsh & McLennan, Aon, Arthur J. Gallagher, Willis Towers Watson and Brown & Brown

Marsh & McLennan, Aon, Arthur J. Gallagher, Willis Towers Watson and Brown & Brown have been highlighted in this Industry Outlook article.

Zacks Industry Outlook Marsh & McLennan, Aon, Arthur J. Gallagher, Willis Towers Watson and Brown & Brown

Nearly Three-Quarters of Business Decision Makers Feel Their Businesses Are Not Moving Fast Enough to Address "Megatrend" Risks, Aon Survey Finds

Eighty-six percent say Trade, Technology, Weather and Workforce trends are important to their organizations More confident decision makers find access to comprehensive data and analytics critical to addressing risk and people issues Decision makers are increasingly concerned about weather and climate risks, but majority are slow to make significant investments DUBLIN , July 17, 2024 /PRNewswire/ -- Aon plc (NYSE: AON), a leading global professional services firm, today announced the findings of its inaugural Business Decision Maker Survey, which found that 72 percent of business decision makers feel their businesses aren't moving fast enough to address risks associated with global megatrends across Trade, Technology, Weather and Workforce. The survey, which gathered insights from C-suite and business executives in North America, UK and Europe, found that 86 percent believe it is important to address the challenges and opportunities presented by these megatrends.

Nearly Three-Quarters of Business Decision Makers Feel Their Businesses Are Not Moving Fast Enough to Address "Megatrend" Risks, Aon Survey Finds

See News Rankings