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Added to YB: 2024-08-07

Pitch date: 2024-06-30

AON [bullish]

Aon plc

+21.64%

current return

Author Info

No bio for this author

Company Info

Aon plc, a professional services firm, provides a range of risk and human capital solutions worldwide.

Market Cap

$73.8B

Pitch Price

$290.86

Price Target

N/A

Dividend

0.87%

EV/EBITDA

15.68

P/E

27.48

EV/Sales

5.32

Sector

Insurance

Category

value

Show full summary:
Artisan Global Value Fund New Position: Aon plc

AON: Global #2 insurance broker, resilient model, recurring revenue. Stock -13% YoY due to slower growth vs Marsh & McLennan & expensive NFP acquisition. Trades 17x fwd earnings, discount to peers. Expect growth normalization as IPO/M&A activity recovers & NFP integrated. High single-digit profit/FCF growth long-term.

Read full article (2 min)