Aon (AON) Slid on Slowing Organic Revenue Outlook Soumya Eswaran May 14, 2026 2 min read AON Investment management company First Pacific Advisors recently released its "FPA Crescent Fund" first-quarter 2026 investor letter. A copy of the letter can be downloaded here. The Fund (Institutional Class) returned -1.55% in the first quarter, while achieving a 16.06% gain in the trailing twelve months.
Its twelve-month return was 80.3% of the global market (MSCI AWCI), outperforming its average net risk exposure of 63.8% during the same period. In addition, please check the Fund's top five holdings to know its best picks in 2026. In its first-quarter 2026 investor letter, FPA Crescent Fund highlighted stocks like Aon plc (NYSE:AON).
Aon plc (NYSE:AON) is a professional services firm providing risk management, insurance brokerage, and human capital consulting solutions to organizations. On May 13, 2026, Aon plc (NYSE:AON) closed at $310.90 per share. One-month return of Aon plc (NYSE:AON) was -7.29%, and its shares lost 13.30% over the past 52 weeks.
Aon plc (NYSE:AON) has a market capitalization of $66.40 billion. FPA Crescent Fund stated the following regarding Aon plc (NYSE:AON) in its Q1 2026 investor letter: "Longtime holding Aon plc (NYSE:AON) is among the world's leading providers of insurance/reinsurance brokerage and human resources solutions. The company reported slowing organic revenue growth for 2025, which led to a slew of sell side downgrades that pressured the stock price.
Aon currently trades at an undemanding multiple of earnings and maintains a long track record of opportunistic acquisitions that have created value for shareholders over time." Piper Sandler Boosts AON Target After Better-Than-Expected Revenue Results Aon plc (NYSE:AON) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 70 hedge fund portfolios held Aon plc (NYSE:AON) at the end of the fourth quarter, compared to 76 in the previous quarter. While we acknowledge the potential of Aon plc (NYSE:AON) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk.
If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. In another article, we covered Aon plc (NYSE:AON) and shared Jensen Investment Management's views on the company. In addition, please check out our hedge fund investor letters Q1 2026 page for more investor letters from hedge funds and other leading investors.
Extract — continue reading at the source.
