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

Willis Towers Watson Public Limited Company (NASDAQ:WTW) has received a consensus rating of “Moderate Buy” from the nineteen research firms that are presently covering the company, Marketbeat reports. Six analysts have rated the stock with a hold recommendation, twelve have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $370.11.

WTW has been the subject of several research reports. The Goldman Sachs Group dropped their target price on Willis Towers Watson Public from $385.00 to $361.00 and set a “buy” rating for the company in a research report on Thursday, October 1st. Robert W. Baird decreased their target price on Willis Towers Watson Public from $385.00 to $383.00 in a research note on Friday, October 30th. Weiss Ratings raised Willis Towers Watson Public from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, October 21st. Mizuho set a $370.00 target price on shares of Willis Towers Watson Public in a report on Monday, November 2nd. Finally, Citigroup cut shares of Willis Towers Watson Public from a “buy” rating to a “neutral” rating and upped their target price for the company from $300.00 to $345.00 in a report on Monday, August 3rd.

Institutional Investors Weigh In On Willis Towers Watson Public

Several institutional investors have recently made changes to their positions in the stock. Edgestream Partners L.P. purchased a new position in Willis Towers Watson Public in the 3rd quarter valued at approximately $364,000. Figure 8 Investment Strategies LLC boosted its holdings in shares of Willis Towers Watson Public by 40.4% during the third quarter. Figure 8 Investment Strategies LLC now owns 6,940 shares of the company’s stock worth $2,000,000 after purchasing an additional 1,996 shares during the last quarter. Hantz Financial Services Inc. grew its holdings in Willis Towers Watson Public by 4.1% in the third quarter. Hantz Financial Services Inc. now owns 932 shares of the company’s stock valued at $269,000 after purchasing an additional 37 shares during the period. Financial Freedom LLC acquired a new position in Willis Towers Watson Public during the third quarter worth approximately $161,000. Finally, Aberdeen Group plc raised its stake in Willis Towers Watson Public by 123.9% during the third quarter. Aberdeen Group plc now owns 182,744 shares of the company’s stock worth $52,672,000 after purchasing an additional 101,112 shares during the period. 93.09% of the stock is currently owned by hedge funds and other institutional investors.

Willis Towers Watson Public Stock Down 0.6%

WTW stock opened at $327.01 on Tuesday. Willis Towers Watson Public has a one year low of $240.61 and a one year high of $351.51. The firm’s 50 day moving average price is $313.34 and its 200-day moving average price is $297.50. The firm has a market cap of $30.16 billion, a PE ratio of 17.93, a PEG ratio of 0.98 and a beta of 0.44. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.62 and a current ratio of 1.62.

Willis Towers Watson Public (NASDAQ:WTW) last released its quarterly earnings results on Thursday, October 29th. The company reported $3.63 earnings per share for the quarter, topping analysts’ consensus estimates of $3.59 by $0.04. The business 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%. The company’s revenue was up 7.5% compared to the same quarter last year. During the same period in the prior year, the business posted $3.07 EPS. On average, equities research analysts anticipate that Willis Towers Watson Public will post 19.80 EPS for the current year.

Willis Towers Watson Public Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Wednesday, September 30th were issued a dividend of $0.96 per share. This represents a $3.84 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend was Wednesday, September 30th. Willis Towers Watson Public’s dividend payout ratio is currently 23.43%.

Willis Towers Watson Public Company Profile

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.