Fri Sep 20 13:14:43 UTC 2024: ## Mutual of America Capital Management Boosts Stake in Aon plc

**New York, NY – September 20, 2024** – Mutual of America Capital Management LLC increased its holdings in Aon plc (NYSE: AON) by 4.4% during the second quarter, according to filings with the Securities and Exchange Commission. The fund now owns 27,418 shares of the financial services provider, valued at $8,049,000.

Aon plc, a global provider of risk and human capital solutions, has seen significant interest from institutional investors. Several other hedge funds and investors also adjusted their positions in AON during the recent quarter. Notably, Gryphon Financial Partners LLC raised its stake by 262.7% while Robeco Institutional Asset Management B.V. and Brown Advisory Inc. both increased their holdings by 10% and 9.6%, respectively.

Analysts remain divided on AON’s prospects. Wells Fargo & Company maintained an “underweight” rating, while JPMorgan Chase & Co. upgraded the stock to “overweight.” Other analysts, including Keefe, Bruyette & Woods and Deutsche Bank Aktiengesellschaft, issued positive reviews, although with varying price targets.

Aon plc reported its second-quarter earnings on July 26th, missing analysts’ EPS expectations by $0.15. However, the company’s revenue exceeded estimates, growing 18.4% year-over-year.

Despite mixed signals from analysts, AON continues to attract institutional investors. The company’s dividend, currently yielding 0.78%, further enhances its appeal for income-oriented investors.

**Disclaimer:** This news article is based on publicly available information and should not be considered financial advice. Investors should conduct their own due diligence before making any investment decisions.

Read More