Willis Towers Watson Public Limited Company $WTW Shares Acquired by Intech Investment Management LLC

Intech Investment Management LLC increased its position in Willis Towers Watson Public Limited Company (NASDAQ:WTW) by 22.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,005 shares of the company’s stock after acquiring an additional 3,703 shares during the period. Intech Investment Management LLC’s holdings in Willis Towers Watson Public were worth $6,574,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Bartlett & CO. Wealth Management LLC grew its holdings in Willis Towers Watson Public by 375.0% during the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 76 shares of the company’s stock valued at $25,000 after buying an additional 60 shares during the last quarter. Larson Financial Group LLC grew its holdings in Willis Towers Watson Public by 72.5% during the 4th quarter. Larson Financial Group LLC now owns 88 shares of the company’s stock valued at $29,000 after buying an additional 37 shares during the last quarter. Raiffeisen Bank International AG acquired a new stake in Willis Towers Watson Public during the 3rd quarter valued at $31,000. Elyxium Wealth LLC acquired a new stake in Willis Towers Watson Public during the 4th quarter valued at $36,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new stake in Willis Towers Watson Public during the 4th quarter valued at $39,000. Institutional investors and hedge funds own 93.09% of the company’s stock.

Willis Towers Watson Public Trading Down 0.9%

Shares of Willis Towers Watson Public stock opened at $249.67 on Friday. Willis Towers Watson Public Limited Company has a fifty-two week low of $240.61 and a fifty-two week high of $352.79. The firm has a market cap of $23.58 billion, a PE ratio of 14.56, a P/E/G ratio of 0.80 and a beta of 0.45. The business’s fifty day moving average is $275.46 and its two-hundred day moving average is $301.74. The company has a quick ratio of 2.92, a current ratio of 2.92 and a debt-to-equity ratio of 0.78.

Willis Towers Watson Public (NASDAQ:WTW) last issued its quarterly earnings results on Friday, May 1st. The company reported $3.72 earnings per share for the quarter, topping analysts’ consensus estimates of $3.65 by $0.07. Willis Towers Watson Public had a return on equity of 21.52% and a net margin of 16.84%.The company had revenue of $2.41 billion for the quarter, compared to analyst estimates of $2.41 billion. During the same quarter in the prior year, the company posted $3.13 EPS. The business’s revenue for the quarter was up 8.5% compared to the same quarter last year. Analysts anticipate that Willis Towers Watson Public Limited Company will post 19.53 earnings per share for the current year.

Willis Towers Watson Public Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be given a $0.96 dividend. This represents a $3.84 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend is Tuesday, June 30th. Willis Towers Watson Public’s dividend payout ratio (DPR) is 22.39%.

Insider Buying and Selling at Willis Towers Watson Public

In other news, insider Lucy Clarke bought 1,896 shares of the business’s stock in a transaction that occurred on Wednesday, May 6th. The shares were acquired at an average cost of $263.37 per share, with a total value of $499,349.52. Following the transaction, the insider owned 22,717 shares of the company’s stock, valued at $5,982,976.29. This represents a 9.11% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Company insiders own 0.40% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have commented on WTW. Morgan Stanley lowered their target price on Willis Towers Watson Public from $330.00 to $320.00 and set an “equal weight” rating on the stock in a report on Monday, April 6th. Truist Financial upgraded Willis Towers Watson Public to a “strong-buy” rating in a report on Thursday, April 30th. Bank of America lowered their target price on Willis Towers Watson Public from $354.00 to $347.00 and set a “neutral” rating on the stock in a report on Tuesday, April 14th. Citigroup upgraded Willis Towers Watson Public from a “neutral” rating to a “buy” rating and set a $300.00 target price on the stock in a report on Wednesday, May 6th. Finally, Cantor Fitzgerald lowered their target price on Willis Towers Watson Public from $363.00 to $354.00 and set a “neutral” rating on the stock in a report on Thursday, April 9th. Two investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $351.73.

About Willis Towers Watson Public

Willis Towers Watson Public (NASDAQ: WTW) is a global advisory, broking and solutions company that helps organizations manage risk, optimize benefits and cultivate talent. The firm combines insurance brokerage and risk management capabilities with human capital and benefits consulting, actuarial and analytics services, and technology-enabled solutions. Willis Towers Watson serves a broad client base that includes multinational and mid-sized corporations, public sector organizations, insurers and investment managers.

The company’s core activities encompass commercial and reinsurance brokerage, risk transfer and risk-financing advice, and claims advocacy, alongside employee benefits and retirement consulting.