Willis Towers Watson Public Limited (NASDAQ:WTW) Receives Average Recommendation of “Moderate Buy” from Analysts

Willis Towers Watson Public Limited (NASDAQ:WTW) has been assigned an average rating of “Moderate Buy” from the fourteen research firms that are covering the firm, MarketBeat.com reports. Six analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $300.21.

Several analysts have weighed in on WTW shares. Wells Fargo & Company boosted their price target on shares of Willis Towers Watson Public from $318.00 to $321.00 and gave the stock an “overweight” rating in a research note on Friday, July 26th. Morgan Stanley lowered their price target on shares of Willis Towers Watson Public from $275.00 to $272.00 and set an “equal weight” rating for the company in a research note on Wednesday, July 10th. Bank of America raised shares of Willis Towers Watson Public from an “underperform” rating to a “neutral” rating and boosted their price target for the stock from $272.00 to $304.00 in a research note on Wednesday, May 22nd. Keefe, Bruyette & Woods upped their price objective on shares of Willis Towers Watson Public from $320.00 to $323.00 and gave the company an “outperform” rating in a research note on Wednesday, July 31st. Finally, Truist Financial upped their price objective on shares of Willis Towers Watson Public from $310.00 to $335.00 and gave the company a “buy” rating in a research note on Friday, July 26th.

Willis Towers Watson Public Stock Up 0.1 %

WTW opened at $292.11 on Friday. The company has a fifty day moving average price of $273.05 and a 200-day moving average price of $266.90. The firm has a market capitalization of $29.67 billion, a P/E ratio of 29.30, a price-to-earnings-growth ratio of 1.48 and a beta of 0.73. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.94 and a quick ratio of 1.94. Willis Towers Watson Public has a one year low of $201.03 and a one year high of $294.22.

Willis Towers Watson Public (NASDAQ:WTW) last announced its earnings results on Thursday, July 25th. The company reported $2.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.28 by $0.27. Willis Towers Watson Public had a net margin of 11.24% and a return on equity of 16.97%. The company had revenue of $2.27 billion during the quarter, compared to analyst estimates of $2.27 billion. During the same period in the previous year, the business earned $2.05 earnings per share. The firm’s quarterly revenue was up 4.9% compared to the same quarter last year. Equities research analysts expect that Willis Towers Watson Public will post 16.51 earnings per share for the current fiscal year.

Willis Towers Watson Public Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th will be given a $0.88 dividend. The ex-dividend date is Monday, September 30th. This represents a $3.52 annualized dividend and a yield of 1.21%. Willis Towers Watson Public’s payout ratio is presently 35.31%.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in WTW. Parkside Financial Bank & Trust raised its position in Willis Towers Watson Public by 19.7% in the fourth quarter. Parkside Financial Bank & Trust now owns 249 shares of the company’s stock worth $60,000 after acquiring an additional 41 shares during the period. GAMMA Investing LLC bought a new position in Willis Towers Watson Public in the fourth quarter worth approximately $139,000. Tokio Marine Asset Management Co. Ltd. raised its position in Willis Towers Watson Public by 13.2% in the fourth quarter. Tokio Marine Asset Management Co. Ltd. now owns 2,414 shares of the company’s stock worth $582,000 after acquiring an additional 282 shares during the period. Syon Capital LLC bought a new position in Willis Towers Watson Public in the fourth quarter worth approximately $237,000. Finally, HHM Wealth Advisors LLC bought a new stake in shares of Willis Towers Watson Public during the 4th quarter valued at $34,000. 93.09% of the stock is currently owned by institutional investors.

Willis Towers Watson Public Company Profile

Willis Towers Watson Public Limited Company operates as an advisory, broking, and solutions company worldwide. It operates through two segments: Health, Wealth & Career and Risk & Broking. The company offers strategy and design consulting, plan management service and support, broking and administration services for health, wellbeing, and other group benefit program, including medical, dental, disability, life, voluntary benefits and other coverages; actuarial support, plan design, and administrative services for pension and retirement savings plans; retirement consulting services and solutions; and integrated solutions that consists of investment discretionary management, pension administration, core actuarial, and communication and change management assistance services.