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Aon plc

AON · NYSE

Market closed$367.21$-1.42 (-0.39%)After hours $367.19 · -0.01%

Key statistics

Previous close$368.63
Open$370.21
Day high$375.92
Day low$365.63
52-week high$381.00
52-week low$304.59
Market cap78.43B
Volume1.13M
Average volume1.54M
P/E ratio20.55
Forward P/E—
EPS17.87
Dividend yield+0.83%

Market context

Why it moved

AON shares edged lower as declining premium renewal rates across major commercial lines and a record surge in reinsurance capital driving steep property catastrophe rate reductions weighed on sentiment, offsetting the company's recent earnings beat and positive analyst outlook ahead of its upcoming quarterly report.

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What is happening

Recent company-specific developments and publisher coverage.

July 17, 2026Aon closed modestly lower in after-hours trading after reporting strong Q2 results that drove a 3.80% rally during the regular session — with revenue up 6.45% year over year, EBIT rising 14.39%, and EPS surging 27.09%. Despite the earnings beat, Piper Sandler downgraded shares to Hold while raising its price target to $377, citing limited upside after the post-earnings run. The broader insurance brokerage sector remains constructive, with peers like Ryan Specialty and Arthur J. Gallagher posting strong gains following their own results.

-0.3852

July 17, 2026Aon plc shares rallied sharply, closing up nearly 4%, outperforming broader financial sector peers as investors appeared to look past Tuesday's Piper Sandler downgrade to Neutral — which cited rich valuation and limited upside from slowing fiduciary income — and instead responded positively to a flurry of bullish analyst activity. JPMorgan maintained its Overweight rating with a raised $412 price target, Mizuho lifted its target to $426, and the consensus average target sits around $390, reflecting confidence in Aon's core brokerage and risk advisory franchise ahead of its Q2 2026 results due July 29.

3.7956

July 16, 2026Aon plc closed modestly lower, pressured by a Piper Sandler downgrade to Neutral from Overweight—part of a broader reassessment of the softening U.S. P&C insurance market—even as the firm raised its price target to $377 from $355 on higher peer valuations. The move came alongside a broader insurance sector selloff, with peers including Progressive and Chubb also declining, while BofA maintained its Underperform rating with a $327 target. Ahead of Q2 results due July 29, sentiment remains mixed: JPMorgan raised its target to $412 (Overweight) and Mizuho to $426, while the Street's average target of ~$390 implies meaningful upside from current levels.

-1.0421

July 15, 2026Aon plc declined roughly 2.3% on July 14, giving back recent gains despite a wave of positive analyst activity, as investors appeared to book profits ahead of Q2 earnings scheduled for July 29. JPMorgan raised its price target to $412 (Overweight), joining Mizuho at $426 and Wells Fargo at $406 in recent upgrades, while NFP announced an acquisition of Total Benefits Advisors and Aon launched an API integration with Swiss Re Corporate Solutions. The pullback also coincided with broader financial sector softness flagged by Morningstar, even as Wall Street banks reported strong Q2 results.

-2.303

July 14, 2026Aon plc closed nearly 3% higher, lifted by a wave of bullish analyst activity headlined by JPMorgan raising its price target to $412 from $396 while reiterating an Overweight rating — the latest in a string of upward revisions from Mizuho ($426), Wells Fargo ($406), UBS ($383), and Autonomous Research (upgraded to Outperform). Shares continued rising in after-hours trade, with investors also eyeing the Q2 2026 earnings call scheduled for July 29 and a favorable industry backdrop, as AM Best reported the U.S. P/C sector posted its strongest underwriting performance in a decade.

2.9165

July 10, 2026Aon edged modestly higher, buoyed by a pair of shareholder-friendly announcements: the company declared a quarterly cash dividend of $0.82 per share payable in August and confirmed a July 29 earnings webcast with CEO and CFO for Q2 2026 results. Analyst sentiment remains constructive, with price targets ranging from $383 to $445 and KBW maintaining a Buy rating (target trimmed to $400), while one estimate pegs fair value as high as $506. Sector peers are also gearing up for earnings season, with Arthur J. Gallagher scheduled July 30, keeping insurance brokerage investors focused on organic growth trends.

0.3881

July 9, 2026Aon plc closed modestly lower amid a mixed analyst backdrop and broader macro headwinds, with Wells Fargo trimming its price target slightly to $406 (from $409) while maintaining Overweight, and Mizuho raising its target to $426 from $389 with an Outperform rating — reflecting generally constructive long-term views despite near-term softness. The session came as the broader insurance brokerage sector faced pressure, with peer Arthur J. Gallagher downgraded by Wolfe Research on valuation concerns and Brown & Brown recently hit by a Morgan Stanley downgrade. Compounding the backdrop, renewed US-Iran geopolitical tensions sent oil prices surging ~6%, reigniting inflation fears and lifting bond yields — a headwind for financial services broadly heading into Q2 earnings season.

-0.5454

July 9, 2026Aon shares edged lower, caught in a broader risk-off session triggered by Trump declaring the Iran ceasefire 'over,' sending oil prices surging over 5% and weighing on financial stocks broadly. Ahead of its Q2 2026 earnings report, analysts are closely watching Aon's results with expectations of $3.77 EPS — up 8% year-over-year — and a continued streak of consensus beats. Multiple analysts updated price targets today, with UBS raising its target to $383 (maintaining Neutral), Keefe Bruyette & Woods maintaining Outperform with a slightly trimmed $400 target, and Barclays raising its target to $382 yesterday — all signaling cautious but constructive sentiment around the stock's valuation.

-0.642

The Globe and Mail · July 17, 2026Aon (AON) Gets a Sell from Bank of America SecuritiesInsurance Business · July 17, 2026Insurance moves: Aon and QBEMoomoo · July 17, 2026The loudest number in AON’s rally wasn’t the share priceStock Titan · July 17, 2026AON (NYSE: AON) insider Zeidel plans $725,500 sale of Class A sharesSimply Wall Street · July 16, 2026Aon (AON) Reshuffles Leadership, Is The 9% Undervaluation Still Compelling?WebWire · July 15, 2026Aon Appoints Sean Deehan as CEO of Strategy and Technology Group for APACscanx.trade · July 15, 2026Piper Sandler downgrades Aon to Neutral, raises target to $377Simply Wall Street · July 14, 2026Should Aon’s New Dividend, Leadership Moves and Shelf Filing Prompt a Strategy Rethink for Aon (AON) Investors?
Mt Newswire · July 15, 2026Aon Shares Fall After Piper Sandler Downgrade
Mt Newswire · July 15, 2026BofA Securities Adjusts Aon Price Target to $327 From $298, Maintains Underperform Rating
Benzinga · July 15, 2026Piper Sandler Downgrades Aon to Neutral, Raises Price Target to $377
Benzinga · July 13, 2026JP Morgan Maintains Overweight on Aon, Raises Price Target to $412
Mt Newswire · July 13, 2026JPMorgan Lifts Price Target on Aon to $412 From $396, Maintains Overweight Rating
Mt Newswire · July 10, 2026Aon Keeps Quarterly Dividend at $0.82 a Share, Payable Aug. 14 to Holders of Record Aug. 3
Benzinga · July 9, 2026Wells Fargo Maintains Overweight on Aon, Lowers Price Target to $406
Mt Newswire · July 9, 2026Mizuho Securities Adjusts Aon Price Target to $426 From $389

Peers

S&P 500SPX · $7,457.78-1.01%Arthur J. Gallagher & Co.AJG · $253.90-0.79%Willis Towers Watson Public Limited CompanyWTW · $293.43-0.31%Brown & Brown, Inc.BRO · $69.35-0.13%Ryan Specialty Holdings, Inc.RYAN · $41.97-0.87%The Travelers Companies, Inc.TRV · $368.98+9.22%American International Group, Inc.AIG · $80.50+3.17%Aflac IncorporatedAFL · $124.72+1.38%Arch Capital Group Ltd.ACGL · $101.35+1.31%Assured Guaranty Ltd.AGO · $84.96+0.94%Erie Indemnity CompanyERIE · $227.31+0.61%Atlantic American CorporationAAME · $1.58-1.25%