← boothcheck All Stocks

AON

Aon plc

At today's price, Aon plc (AON) is priced for +10.9% earnings growth. boothcheck doesn't publish a fair value or a price target; it shows what the price assumes, so you can judge whether that bar is too high. Built from SEC EDGAR filings.

Live priced in
+10.9% earnings growth
Priced In
within-range

Key Takeaways

• Aon is one of the two largest global insurance brokers, earning commissions and fees across commercial risk, reinsurance, health, and wealth, with commercial risk alone about half of revenue and growing fastest. • The economics are unusually attractive: a near-39% adjusted operating margin on recurring brokerage revenue, which is why the static asset and earnings lenses understate a business whose value is the fee annuity, not the balance sheet. • The risk is the debt taken on for the NFP acqu

View Full Report →

Is AON overvalued? See what's priced in →

Institutional ownership

1,222 institutional managers reported holding AON in 13F filings for the quarter ended 2026-03-31. Together they hold about 85% of the company; the top 10 hold 43%. 110 opened new positions that quarter. Held by Vanguard Group, BlackRock, Capital Group (American Funds), among others. On the short side, 3.6M shares were sold short as of the 2026-06-15 count, about 2% of shares outstanding (2.4 days of typical volume to cover).

Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.

Capital returns

AON has cut its share count 5.6% over the past five years, spending $11.65B on repurchases. It pays a dividend, and has paid one every year in our records (18 and counting), raised 14 years straight; the current rate is $2.91 a share annually. Cash returned over the past three years: $1.60B in dividends and $4.10B in repurchases.

Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.

Insider activity

Open-market insider buys at AON over the trailing three years: 2023: 1 buy totaling $260k; 2024: 9 buys totaling $18.11M; 2026: 1 buy totaling $1.28M. 24 officers and directors are on file.

Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.

Earnings reactions

AON's recent reports: the day-one move, then what the following quarter actually did.

reportday onenext quarter
2023-07-29-5.1%+1.4%
2023-10-28-4.0%-5.2%
2024-02-17-1.0%-0.3%
2024-04-27-6.8%+3.0%

Day-one is the close-to-close move around the filing. Nothing here is investment advice.

Recent filings

AON's latest 8-K filings: 2026-07-01 (items 5.02, 5.07, 8.01, 9.01); 2026-05-01 (items 2.02, 9.01); 2026-01-30 (items 2.02, 9.01); 2026-01-07 (items 5.02, 9.01); 2026-01-02 (items 5.02, 9.01).

Item codes are the SEC's own classification of what each report discloses. Nothing here is investment advice.

Compare AON

ACT vs AONAJG vs AONAON vs BROAON vs BWINAON vs CRVLAON vs ERIE

Last analyzed: June 27, 2026

For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.