Willis Towers Watson Public Limited Company (NASDAQ:WTW) Stock Has Average Price Target of $365.33 According to Analysts

Willis Towers Watson Public Limited Company (NASDAQ:WTW – Get Free Report) has been given an average recommendation of “Moderate Buy” by the sixteen ratings firms that are covering the firm, Marketbeat Ratings reports. Six research analysts have rated the stock with a hold recommendation and ten have given a buy recommendation to the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $364.40.

WTW has been the topic of several recent research reports. Truist Financial raised their target price on Willis Towers Watson Public from $320.00 to $400.00 and gave the company a “buy” rating in a report on Friday, July 31st. Weiss Ratings downgraded Willis Towers Watson Public from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, October 6th. Keefe, Bruyette & Woods increased their price objective on Willis Towers Watson Public from $381.00 to $394.00 and gave the company an “outperform” rating in a report on Tuesday, August 4th. UBS Group lowered their price objective on Willis Towers Watson Public from $405.00 to $398.00 and set a “buy” rating on the stock in a report on Tuesday, October 6th. Finally, Wells Fargo & Company cut their price objective on Willis Towers Watson Public from $378.00 to $364.00 and set an “overweight” rating on the stock in a research note on Monday.

View Our Latest Report on Willis Towers Watson Public

Willis Towers Watson Public Stock Down 0.5%

WTW stock opened at $297.07 on Friday. The company has a current ratio of 1.68, a quick ratio of 1.68 and a debt-to-equity ratio of 0.74. Willis Towers Watson Public has a 1 year low of $240.61 and a 1 year high of $351.51. The company has a fifty day simple moving average of $319.75 and a 200 day simple moving average of $292.29. The firm has a market cap of $27.59 billion, a PE ratio of 16.34, a PEG ratio of 0.86 and a beta of 0.46.

Willis Towers Watson Public (NASDAQ:WTW – Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The company reported $3.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.12 by $0.23. The firm had revenue of $2.47 billion during the quarter, compared to analysts’ expectations of $2.42 billion. Willis Towers Watson Public had a net margin of 15.49% and a return on equity of 22.19%. Willis Towers Watson Public’s revenue for the quarter was up 9.1% on a year-over-year basis. During the same period in the prior year, the company posted $2.86 earnings per share. Sell-side analysts anticipate that Willis Towers Watson Public will post 19.80 EPS for the current fiscal year.

Willis Towers Watson Public Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th will be given a dividend of $0.96 per share. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a $3.84 dividend on an annualized basis and a yield of 1.3%. Willis Towers Watson Public’s dividend payout ratio is presently 23.62%.

Hedge Funds Weigh In On Willis Towers Watson Public

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Wedmont Private Capital raised its position in shares of Willis Towers Watson Public by 17.0% in the third quarter. Wedmont Private Capital now owns 1,739 shares of the company’s stock valued at $518,000 after purchasing an additional 253 shares during the period. Journey Retirement Planning & Investment Management LLC lifted its stake in shares of Willis Towers Watson Public by 12.3% in the third quarter. Journey Retirement Planning & Investment Management LLC now owns 1,686 shares of the company’s stock worth $486,000 after buying an additional 185 shares during the last quarter. Mn Services Vermogensbeheer B.V. lifted its stake in shares of Willis Towers Watson Public by 6.4% in the third quarter. Mn Services Vermogensbeheer B.V. now owns 28,154 shares of the company’s stock worth $8,115,000 after buying an additional 1,700 shares during the last quarter. GAMMA Investing LLC boosted its holdings in shares of Willis Towers Watson Public by 6.5% during the 3rd quarter. GAMMA Investing LLC now owns 2,196 shares of the company’s stock worth $633,000 after buying an additional 134 shares during the period. Finally, Farther Finance Advisors LLC boosted its holdings in shares of Willis Towers Watson Public by 3.3% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,056 shares of the company’s stock worth $304,000 after buying an additional 34 shares during the period. Institutional investors and hedge funds own 93.09% of the company’s stock.

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About Willis Towers Watson Public

(Get Free Report)

Willis Towers Watson Public Limited Company, operating under the name WTW, is a global advisory, broking and solutions company. It helps organizations manage risk, optimize employee benefits and support their workforce strategies, while also providing investment, data and technology services.

WTW’s principal activities include insurance brokerage and risk management, health and benefits consulting, retirement and investment advisory services, actuarial consulting, executive compensation and talent management.

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Analyst Recommendations for Willis Towers Watson Public (NASDAQ:WTW)

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