Willis Towers Watson Public Limited Company $WTW Shares Bought by Wealthfront Advisers LLC

Wealthfront Advisers LLC grew its position in Willis Towers Watson Public Limited Company (NASDAQ:WTW) by 12.9% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 19,493 shares of the company’s stock after purchasing an additional 2,222 shares during the period. Wealthfront Advisers LLC’s holdings in Willis Towers Watson Public were worth $5,667,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. AlTi Global Inc. increased its stake in Willis Towers Watson Public by 1.1% during the 4th quarter. AlTi Global Inc. now owns 3,302 shares of the company’s stock valued at $1,088,000 after buying an additional 36 shares during the period. Larson Financial Group LLC raised 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 worth $29,000 after buying an additional 37 shares during the period. 44 Wealth Management LLC lifted its position in shares of Willis Towers Watson Public by 1.3% in the 4th quarter. 44 Wealth Management LLC now owns 2,939 shares of the company’s stock valued at $966,000 after acquiring an additional 39 shares in the last quarter. Geneos Wealth Management Inc. lifted its holdings in shares of Willis Towers Watson Public by 38.6% in the first quarter. Geneos Wealth Management Inc. now owns 140 shares of the company’s stock valued at $47,000 after purchasing an additional 39 shares in the last quarter. Finally, Howard Capital Management Inc. lifted its stake in Willis Towers Watson Public by 5.7% in the 4th quarter. Howard Capital Management Inc. now owns 744 shares of the company’s stock worth $244,000 after acquiring an additional 40 shares in the last quarter. 93.09% of the stock is owned by institutional investors and hedge funds.

Willis Towers Watson Public Price Performance

Shares of Willis Towers Watson Public stock opened at $293.45 on Friday. The firm’s 50-day moving average price is $264.99 and its two-hundred day moving average price is $288.72. Willis Towers Watson Public Limited Company has a 1-year low of $240.61 and a 1-year high of $352.79. The stock has a market capitalization of $27.72 billion, a price-to-earnings ratio of 17.11, a P/E/G ratio of 0.95 and a beta of 0.43. The company has a current ratio of 2.92, a quick ratio of 2.92 and a debt-to-equity ratio of 0.78.

Willis Towers Watson Public (NASDAQ:WTW) last issued its quarterly earnings data on Friday, May 1st. The company reported $3.72 earnings per share (EPS) for the quarter, beating the consensus estimate 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 firm had revenue of $2.41 billion during the quarter, compared to the consensus estimate of $2.41 billion. During the same quarter in the previous 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. On average, equities analysts predict that Willis Towers Watson Public Limited Company will post 19.53 earnings per share for the current fiscal year.

Willis Towers Watson Public Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were given a $0.96 dividend. This represents a $3.84 annualized dividend and a yield of 1.3%. The ex-dividend date was Tuesday, June 30th. Willis Towers Watson Public’s payout ratio is 22.39%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on WTW shares. Piper Sandler increased their target price on shares of Willis Towers Watson Public from $283.00 to $317.00 and gave the stock an “overweight” rating in a research report on Wednesday. UBS Group boosted their target price on Willis Towers Watson Public from $374.00 to $382.00 and gave the stock a “buy” rating in a report on Wednesday, July 8th. Weiss Ratings cut shares of Willis Towers Watson Public from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, May 15th. Wells Fargo & Company increased their price objective on Willis Towers Watson Public from $319.00 to $341.00 and gave the company an “overweight” rating in a research report on Thursday, July 9th. Finally, Morgan Stanley decreased 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 research report on Monday, April 6th. Two research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $351.80.

Insider Buying and Selling at Willis Towers Watson Public

In other news, insider Lucy Clarke purchased 1,896 shares of the business’s stock in a transaction dated Wednesday, May 6th. The shares were acquired at an average price of $263.37 per share, with a total value of $499,349.52. Following the completion of the purchase, the insider directly owned 22,717 shares of the company’s stock, valued at $5,982,976.29. The trade was a 9.11% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.40% of the stock is currently owned by insiders.

Willis Towers Watson Public Company Profile

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.