Willis Towers Watson Public Limited Company (WTW) – What Are Brokerages Saying About This Stock?

Willis Towers Watson Public Limited Company (NASDAQ:WTW) has been assigned an average recommendation of “Moderate Buy” from the nineteen analysts that are presently covering the stock, Marketbeat Ratings reports. Six analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company. The average 1 year price objective among analysts that have covered the stock in the last year is $370.11.

Several analysts have recently weighed in on the company. Morgan Stanley decreased their target price on Willis Towers Watson Public from $350.00 to $310.00 and set an “equal weight” rating for the company in a research report on Tuesday, October 6th. Raymond James Financial upped their price target on shares of Willis Towers Watson Public from $340.00 to $400.00 and gave the stock a “strong-buy” rating in a report on Monday, August 10th. Weiss Ratings upgraded shares of Willis Towers Watson Public from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, October 21st. Keefe, Bruyette & Woods raised their price target on shares of Willis Towers Watson Public from $360.00 to $397.00 and gave the stock an “outperform” rating in a research note on Thursday. Finally, Cantor Fitzgerald lifted their price objective on shares of Willis Towers Watson Public from $344.00 to $380.00 and gave the company a “neutral” rating in a report on Monday, August 3rd.

Willis Towers Watson Public Trading Down 2.3%

Shares of NASDAQ WTW opened at $328.86 on Tuesday. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.62 and a current ratio of 1.62. The business’s 50 day moving average price is $313.67 and its 200-day moving average price is $297.46. Willis Towers Watson Public has a fifty-two week low of $240.61 and a fifty-two week high of $351.51. The company has a market cap of $30.33 billion, a price-to-earnings ratio of 20.06, a PEG ratio of 0.95 and a beta of 0.44.

Willis Towers Watson Public (NASDAQ:WTW) last posted its quarterly earnings data on Thursday, October 29th. The company reported $3.63 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.59 by $0.04. The company had revenue of $2.46 billion during the quarter, compared to analysts’ expectations of $2.45 billion. Willis Towers Watson Public had a return on equity of 22.65% and a net margin of 15.22%. Willis Towers Watson Public’s revenue was up 7.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $3.07 EPS. On average, sell-side analysts expect that Willis Towers Watson Public will post 19.80 earnings per share for the current year.

Willis Towers Watson Public Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th were paid a $0.96 dividend. This represents a $3.84 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date was Wednesday, September 30th. Willis Towers Watson Public’s dividend payout ratio is currently 23.43%.

Institutional Trading of Willis Towers Watson Public

Several institutional investors and hedge funds have recently modified their holdings of the stock. Financial Freedom LLC purchased a new position in shares of Willis Towers Watson Public in the 3rd quarter worth approximately $161,000. Aberdeen Group plc raised its stake in shares of Willis Towers Watson Public by 123.9% during the 3rd quarter. Aberdeen Group plc now owns 182,744 shares of the company’s stock worth $52,672,000 after acquiring an additional 101,112 shares in the last quarter. William Blair Investment Management LLC purchased a new stake in Willis Towers Watson Public during the third quarter valued at approximately $223,000. Allworth Financial LP lifted its position in Willis Towers Watson Public by 12.8% during the third quarter. Allworth Financial LP now owns 759 shares of the company’s stock valued at $219,000 after acquiring an additional 86 shares during the last quarter. Finally, Russell Investments Group Ltd. lifted its position in Willis Towers Watson Public by 5.1% during the third quarter. Russell Investments Group Ltd. now owns 248,370 shares of the company’s stock valued at $71,591,000 after acquiring an additional 11,999 shares during the last quarter. Institutional investors own 93.09% of the company’s stock.

About Willis Towers Watson Public

Willis Towers Watson Public Limited Company, which operates under the WTW name, is a global advisory, broking and solutions firm. It helps organizations manage risk, improve employee benefits and support workforce and business performance.

WTW’s services include insurance and risk brokerage, risk management advice, retirement and investment consulting, health and benefits solutions, and guidance on talent, rewards and organizational strategy. It serves businesses, public-sector organizations and individuals across a range of industries.

The company was formed in 2016 through the merger of Willis Group Holdings and Towers Watson.