Eagle Capital Management Reduces $604M in Aon plc ($AON)

Eagle Capital Management has significantly reduced its stake in Aon plc (NYSE: AON) according to its latest 13F filing with the SEC. The firm sold 1,806,064 shares, cutting its position by 79.6%. This leaves Eagle Capital with 463,350 shares valued at approximately $155 million as of the reporting period.

What Changed in Eagle Capital Management's Aon plc Position

Eagle Capital Management's decision to trim its holdings in Aon plc resulted in a reduction of 1,806,064 shares, moving from 2,269,414 shares to 463,350 shares. This marks a 79.6% decrease in their stake. The shares are now valued at $155 million.

Other Institutional Activity in Aon plc

Among other institutional investors, BlackRock, Inc. reduced its holdings by 88,427 shares, ending with 16,148,507 shares worth around $5.21 billion. Vanguard Capital Management LLC added 13,581,756 shares, bringing its total to that same number, valued at $4.38 billion. Capital World Investors trimmed its stake by 775,116 shares, holding 11,477,788 shares valued at $3.70 billion. Meanwhile, State Street Corp increased its position slightly by 15,800 shares, totaling 9,219,773 shares valued at $2.98 billion.

Aon plc Stock Snapshot

Shares of Aon plc (NYSE: AON) traded near $334.62. The company has a market cap of $71.6 billion and a P/E ratio of 18.39, with a forward P/E of 15.65. Aon's stock has a 52-week low of $304.59 and a high of $381.00, with a 50-day moving average of $321.93 and a 200-day moving average of $338.90. The company's beta is 0.714, indicating lower volatility compared to the market.

Recent Earnings

Aon plc reported revenue of $17.49 billion with a growth rate of 6.5%. The company achieved a net margin of 22.54% and a return on equity of 46.45%. Earnings per share (EPS) stood at $18.23. The company is expected to announce its next earnings on May 1, 2026.

Dividend

Aon plc offers an annual dividend rate of $3.28, yielding 0.98%. The dividend payout ratio is 16.36%.

Insider Buying and Selling at Aon plc

Recent insider activity at Aon plc includes sales by Richard Notebaert on May 12, 2026, and several transactions on March 13, 2026. Lori Goltermann, CEO of Regions & North America, bought 518 shares on March 13 and sold 225 shares at $321.41. Anne Corona, Chief Commercial Officer, purchased 367 shares and later sold the same amount.

Analysts Set New Price Targets

On May 27, 2026, Citigroup maintained its 'buy' rating on Aon plc with a price target of $420. Piper Sandler also maintained a 'buy' rating on May 26, 2026, with a target of $360. Morgan Stanley reiterated its 'buy' stance on May 21, 2026, setting a target of $370. Overall, the consensus among 19 analysts is a 'buy' rating, with a mean target price of $384.10.

About Aon plc

Aon plc is a global professional services firm headquartered in Dublin, Ireland. It operates through two main segments: Risk Capital and Human Capital. The company provides a variety of services including risk consulting, insurance brokerage, health solutions, and wealth management. With a workforce of 60,000, Aon serves clients across the United States, Europe, Asia Pacific, and other regions. The company is led by CEO Gregory Clarence Case.

Bottom Line

Eagle Capital Management's decision to cut its stake in Aon plc reflects a substantial change in its investment strategy. Investors often track such filings to gauge institutional sentiment, although 13F filings are backward-looking and may not represent current positions. Aon plc remains a significant player in the financial services sector, with analysts maintaining a positive outlook on its stock.