Bank of America 13F: Adds $73M to AON Stake
Bank of America has boosted its position in Aon plc, now holding over 1.5 million shares valued at approximately $516.8 million.
Reviewed by automated data checks against the source filing. How we make and check alerts
Bank of America added 222,092 shares to its stake in Aon plc ($AON), a 16.32% increase, according to a 13F filing with the SEC dated May 18, 2026. It reported 1,582,680 shares worth $516.75 million at the end of the quarter.
Since the filing, $AON is down 2.2% after 1 week, up 0.0% after 1 month and down 10.2% to date (from the $325.83 close on May 18, 2026).
AON
Aon plc
Key Points
- Bank of America raised its stake in Aon plc by 222,092 shares, increasing its total to 1,582,680 shares valued at about $516.8 million as of May 18, 2026.
- Aon plc's stock is trading at $326.50, significantly above its 52-week low of $290.70 and close to its high of $382.34.
- Analysts have a consensus 'buy' rating on Aon plc, with a mean price target of $383.84 based on 19 opinions.
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Bank of America's Increased Position
Bank of America has boosted its stake in Aon plc (NYSE: AON) by 222,092 shares, bringing its total holdings to 1,582,680 shares valued at approximately $516.8 million as of May 18, 2026. The new position reflects a 16.3% increase from its prior holding of 1,360,588 shares.
Institutional Activity in Aon
There were no other institutional changes reported for Aon plc in this quarter. Bank of America's significant increase in shares stands out, especially as it reflects confidence in Aon's ongoing operations in the insurance brokerage sector.
How Aon plc Stock Has Traded
Aon plc's stock is currently trading at $326.50, which is well above its 52-week low of $290.70. The shares have been performing strongly, nearing their 52-week high of $382.34. This price movement may indicate positive sentiment among investors following Bank of America's recent filing.
Recent Earnings
For the fiscal year, Aon plc reported revenue of $17.58 billion, with a revenue growth rate of 2.2%. The company's net margin is 22.27%, and it has an impressive return on equity (ROE) of 44.70%. Aon's next earnings report is scheduled for October 30, 2026.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
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Forward outlook
3 target cuts vs 1 raises.
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EPS & revenue
EPS met estimates. Revenue met estimates.
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Profit surprise
EBITDA missed by 5 percent. Operating income missed by 9 percent.
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Pre-earnings setup
Expectations were about average.
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Analyst signal
1 target raise, 3 target cuts.
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Earnings quality
Gross margin up 35.2 points. Operating margin up 5.0 points. Positive free cash flow.
Earnings Call Summary
Aon delivered strong first quarter results with 5 percent organic revenue growth and 14 percent adjusted earnings per share growth on slightly lower reported revenue of 5.03 billion dollars. Management highlighted broad-based strength in Commercial Risk, which grew 7 percent for the fourth consecutive quarter above 6 percent, driven by new hires in construction and data centers, plus strong retention in mid-90s. The company emphasized that artificial intelligence and advanced analytics are now driving both revenue gains and margin expansion through tools like Broker Copilot and Claims Copilot, with plans to invest 1.3 billion dollars in talent and technology through 2026.
Guidance Aon reaffirmed its full year target for mid-single-digit or better organic revenue growth and 70 to 80 basis points of operating margin expansion. The company expects continued momentum from new business wins, revenue-generating hires, and growing demand in data center and workforce solutions throughout 2026.
Very weak report. The release materially worsened the forward outlook.
Insider Buying and Selling at Aon plc
Several insiders at Aon have recently purchased shares. On June 25, 2026, Richard Notebaert, Gloria Santona, Sarah Smith, Byron Spruell, and Jin-Yong Cai each bought 776 shares, indicating strong insider confidence. Adriana Karaboutis sold 186 shares on the same date, valued at approximately $58,767, at an average price of $315.95.
Analysts Set New Price Targets
On October 12, 2026, Wells Fargo maintained an 'Overweight' rating on Aon with a price target of $323, while Keefe, Bruyette & Woods also maintained an 'Outperform' rating with a target of $342. The overall analyst consensus remains a 'buy' with a mean price target of $383.84 based on 19 opinions.
What Aon plc Does
Aon plc operates as a professional services firm, providing various risk management and consulting services globally. The recent increase in Bank of America’s stake shows strong institutional support for Aon as it navigates the competitive insurance brokerage market.
What's Ahead for Aon plc
Investors will keep an eye on Aon's upcoming earnings report on October 30, 2026. This recent 13F filing from Bank of America reflects holdings as of May 18, 2026, and may not represent current positions. Further insider buying and analyst opinions will be important to watch in the coming months.
Related Filing Alerts
Source: Bank of America's 13F filing on $AON (May 18, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Find the original filing: Bank of America 13F filings on SEC EDGAR. Written by software, not financial advice. How we make alerts