AON

LONG

AON PLC

Funds

Score

4.00

vs SPY

-18.1%

Stock return (since Q-end)

-1.8%

SPY return (since Q-end)

+16.3%

Current price

$316.06

News Summary

Positive

Aon delivered strong Q1 2026 results with 5% organic revenue growth, 14% adjusted EPS growth, and beat consensus revenue estimates, while reaffirming mid-single-digit+ organic growth guidance for 2026. The company announced a 10% dividend increase (sixth consecutive double-digit increase), completed strategic management transitions, and launched innovative digital platforms (Claims Copilot, DPX) positioning it well for AI-enabled growth, though multiple analyst price target cuts post-earnings suggest valuation concerns may be tempering enthusiasm.

Red flags

•Multiple analyst price target reductions post-Q1 (Jefferies cut to $372 from $408; Morgan Stanley reduced to $380 from $390; Mizuho lowered to $389 from $394) signaling valuation concerns despite strong execution
•Raymond James maintains Underperform rating citing valuation despite strong organic revenue growth, indicating mixed investor sentiment on pricing sustainability

Funds Buying (3)

Fund	Manager	Shares Held	∆ Shares	Position Value	QoQ	Status
Viking Global	Andreas Halvorsen	1.1M	+303K	$350.9B	+39%	Existing
Point72	Steve Cohen	33K	+33K	$10.7B	—	NEW
Baupost Group	Seth Klarman	769K	+769K	$248M	—	NEW

Shares Held and Position Value reflect total quarter-end holdings. ∆ Shares is the change from the prior quarter.