Willis Towers Watson Public Limited (NASDAQ:WTW) Stock Holdings Reduced by First Eagle Investment Management LLC

First Eagle Investment Management LLC decreased its position in Willis Towers Watson Public Limited (NASDAQ:WTW) by 13.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,456,930 shares of the company’s stock after selling 672,829 shares during the period. Willis Towers Watson Public comprises approximately 3.1% of First Eagle Investment Management LLC’s portfolio, making the stock its 3rd biggest holding. First Eagle Investment Management LLC’s holdings in Willis Towers Watson Public were worth $1,396,089,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Timber Creek Capital Management LLC raised its holdings in Willis Towers Watson Public by 11.4% during the 3rd quarter. Timber Creek Capital Management LLC now owns 19,099 shares of the company’s stock valued at $5,625,000 after acquiring an additional 1,957 shares during the period. Intech Investment Management LLC increased its holdings in shares of Willis Towers Watson Public by 28.3% in the third quarter. Intech Investment Management LLC now owns 104,414 shares of the company’s stock worth $30,753,000 after purchasing an additional 23,001 shares during the period. OneDigital Investment Advisors LLC increased its holdings in shares of Willis Towers Watson Public by 71.7% in the third quarter. OneDigital Investment Advisors LLC now owns 6,644 shares of the company’s stock worth $1,957,000 after purchasing an additional 2,775 shares during the period. Atom Investors LP increased its holdings in shares of Willis Towers Watson Public by 64.0% in the third quarter. Atom Investors LP now owns 8,014 shares of the company’s stock worth $2,360,000 after purchasing an additional 3,126 shares during the period. Finally, JPMorgan Chase & Co. increased its holdings in shares of Willis Towers Watson Public by 24.9% in the third quarter. JPMorgan Chase & Co. now owns 187,267 shares of the company’s stock worth $55,156,000 after purchasing an additional 37,340 shares during the period. Hedge funds and other institutional investors own 93.09% of the company’s stock.

Willis Towers Watson Public Price Performance

Shares of NASDAQ WTW opened at $319.10 on Friday. Willis Towers Watson Public Limited has a fifty-two week low of $245.04 and a fifty-two week high of $344.14. The company has a 50 day simple moving average of $323.63 and a two-hundred day simple moving average of $310.02. The company has a market capitalization of $31.81 billion, a price-to-earnings ratio of -319.10, a P/E/G ratio of 2.95 and a beta of 0.71. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.72 and a current ratio of 1.98.

Willis Towers Watson Public (NASDAQ:WTW) last announced its quarterly earnings results on Tuesday, February 4th. The company reported $8.13 earnings per share for the quarter, beating the consensus estimate of $8.01 by $0.12. The company had revenue of $3.04 billion during the quarter, compared to the consensus estimate of $3.05 billion. Willis Towers Watson Public had a negative net margin of 0.99% and a positive return on equity of 20.02%. The firm’s quarterly revenue was up 4.2% compared to the same quarter last year. During the same quarter last year, the firm earned $7.44 earnings per share. Analysts expect that Willis Towers Watson Public Limited will post 17.32 EPS for the current fiscal year.

Willis Towers Watson Public Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be paid a dividend of $0.92 per share. This represents a $3.68 annualized dividend and a dividend yield of 1.15%. The ex-dividend date is Monday, March 31st. This is a boost from Willis Towers Watson Public’s previous quarterly dividend of $0.88. Willis Towers Watson Public’s dividend payout ratio (DPR) is currently -368.00%.

Insider Transactions at Willis Towers Watson Public

In other news, insider Julie Jarecke Gebauer sold 3,384 shares of Willis Towers Watson Public stock in a transaction on Friday, February 28th. The shares were sold at an average price of $335.77, for a total transaction of $1,136,245.68. Following the transaction, the insider now owns 74,417 shares in the company, valued at $24,986,996.09. This trade represents a 4.35 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Corporate insiders own 0.22% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on WTW. Keefe, Bruyette & Woods increased their target price on Willis Towers Watson Public from $378.00 to $387.00 and gave the company an “outperform” rating in a research note on Friday, January 10th. Evercore ISI raised Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and increased their target price for the company from $357.00 to $373.00 in a research note on Wednesday, January 8th. Truist Financial reissued a “buy” rating and issued a $380.00 target price (up previously from $365.00) on shares of Willis Towers Watson Public in a research note on Wednesday, December 4th. Barclays increased their target price on Willis Towers Watson Public from $278.00 to $302.00 and gave the company an “underweight” rating in a research note on Thursday, November 21st. Finally, Raymond James upgraded shares of Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and upped their price target for the company from $365.00 to $400.00 in a research report on Thursday, December 5th. One analyst has rated the stock with a sell rating, three have given a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $342.08.

Willis Towers Watson Public 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.