Callahan Advisors LLC Acquires 551 Shares of Willis Towers Watson Public Limited Company $WTW

Callahan Advisors LLC boosted its holdings in shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW) by 3.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 17,280 shares of the company’s stock after acquiring an additional 551 shares during the quarter. Callahan Advisors LLC’s holdings in Willis Towers Watson Public were worth $5,296,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Wayfinding Financial LLC acquired a new position in shares of Willis Towers Watson Public in the 1st quarter worth approximately $25,000. Cornerstone Planning Group LLC lifted its position in shares of Willis Towers Watson Public by 750.0% in the 1st quarter. Cornerstone Planning Group LLC now owns 85 shares of the company’s stock worth $28,000 after purchasing an additional 75 shares during the period. Crewe Advisors LLC acquired a new position in shares of Willis Towers Watson Public in the 1st quarter worth approximately $32,000. Larson Financial Group LLC lifted its position in shares of Willis Towers Watson Public by 122.9% in the 1st quarter. Larson Financial Group LLC now owns 107 shares of the company’s stock worth $36,000 after purchasing an additional 59 shares during the period. Finally, WPG Advisers LLC acquired a new position in shares of Willis Towers Watson Public in the 1st quarter worth approximately $43,000. Institutional investors and hedge funds own 93.09% of the company’s stock.

Willis Towers Watson Public Stock Performance

WTW opened at $339.42 on Thursday. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 0.58. The company’s fifty day moving average price is $335.56 and its two-hundred day moving average price is $318.92. Willis Towers Watson Public Limited Company has a 1-year low of $287.05 and a 1-year high of $352.79. The company has a market cap of $33.11 billion, a price-to-earnings ratio of 232.48, a PEG ratio of 2.75 and a beta of 0.73.

Willis Towers Watson Public (NASDAQ:WTW) last released its quarterly earnings data on Thursday, July 31st. The company reported $2.86 earnings per share for the quarter, topping the consensus estimate of $2.65 by $0.21. Willis Towers Watson Public had a net margin of 1.40% and a return on equity of 21.60%. The firm had revenue of $2.26 billion for the quarter, compared to the consensus estimate of $2.23 billion. During the same quarter in the prior year, the company posted $2.55 earnings per share. The business’s revenue was down .2% on a year-over-year basis. On average, analysts expect that Willis Towers Watson Public Limited Company will post 17.32 EPS for the current fiscal year.

Willis Towers Watson Public announced that its board has initiated a stock buyback program on Thursday, September 18th that permits the company to repurchase $1.50 billion in shares. This repurchase authorization permits the company to buy up to 4.6% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company’s board of directors believes its stock is undervalued.

Willis Towers Watson Public Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th were issued a dividend of $0.92 per share. The ex-dividend date was Tuesday, September 30th. This represents a $3.68 annualized dividend and a yield of 1.1%. Willis Towers Watson Public’s dividend payout ratio is presently 252.05%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on WTW. Piper Sandler boosted their price target on shares of Willis Towers Watson Public from $369.00 to $387.00 and gave the stock an “overweight” rating in a research report on Monday, October 6th. Cantor Fitzgerald began coverage on shares of Willis Towers Watson Public in a research report on Wednesday, August 13th. They issued a “neutral” rating and a $355.00 price target on the stock. Citigroup began coverage on shares of Willis Towers Watson Public in a research report on Wednesday, August 13th. They set a “neutral” rating and a $351.00 target price on the stock. Keefe, Bruyette & Woods boosted their target price on shares of Willis Towers Watson Public from $366.00 to $372.00 and gave the company an “outperform” rating in a research report on Monday, September 29th. Finally, UBS Group boosted their target price on shares of Willis Towers Watson Public from $395.00 to $398.00 and gave the company a “buy” rating in a research report on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Willis Towers Watson Public has a consensus rating of “Moderate Buy” and an average price target of $369.42.

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.