Willis Towers Watson Public Limited Company (NASDAQ:WTW) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW) have been assigned a consensus recommendation of “Moderate Buy” from the sixteen brokerages that are presently covering the company, MarketBeat reports. One analyst has rated the stock with a sell recommendation, four have issued a hold recommendation, nine have issued a buy recommendation and two have issued a strong buy recommendation on the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $372.7143.

Several brokerages have commented on WTW. Barclays increased their price target on shares of Willis Towers Watson Public from $303.00 to $318.00 and gave the company an “underweight” rating in a research note on Thursday, January 8th. Wells Fargo & Company lifted their price target on shares of Willis Towers Watson Public from $366.00 to $379.00 and gave the stock an “overweight” rating in a research note on Wednesday. Weiss Ratings reiterated a “buy (b)” rating on shares of Willis Towers Watson Public in a research report on Monday, December 29th. Cantor Fitzgerald decreased their target price on Willis Towers Watson Public from $365.00 to $345.00 and set a “neutral” rating for the company in a research report on Wednesday, January 14th. Finally, Piper Sandler dropped their price target on Willis Towers Watson Public from $387.00 to $356.00 and set an “overweight” rating on the stock in a research note on Friday, October 31st.

Institutional Trading of Willis Towers Watson Public

Institutional investors have recently modified their holdings of the business. Brighton Jones LLC boosted its stake in shares of Willis Towers Watson Public by 4.7% during the fourth quarter. Brighton Jones LLC now owns 1,368 shares of the company’s stock valued at $429,000 after acquiring an additional 61 shares during the last quarter. NewEdge Advisors LLC lifted its holdings in Willis Towers Watson Public by 7.6% in the 1st quarter. NewEdge Advisors LLC now owns 2,588 shares of the company’s stock valued at $875,000 after purchasing an additional 182 shares in the last quarter. Empowered Funds LLC boosted its stake in shares of Willis Towers Watson Public by 16.9% during the 1st quarter. Empowered Funds LLC now owns 2,400 shares of the company’s stock worth $811,000 after purchasing an additional 347 shares during the last quarter. Geneos Wealth Management Inc. grew its holdings in shares of Willis Towers Watson Public by 38.6% during the first quarter. Geneos Wealth Management Inc. now owns 140 shares of the company’s stock worth $47,000 after buying an additional 39 shares in the last quarter. Finally, Janney Montgomery Scott LLC raised its position in shares of Willis Towers Watson Public by 52.0% in the second quarter. Janney Montgomery Scott LLC now owns 3,863 shares of the company’s stock valued at $1,184,000 after buying an additional 1,322 shares during the last quarter. 93.09% of the stock is currently owned by hedge funds and other institutional investors.

Willis Towers Watson Public Stock Performance

Shares of WTW stock opened at $330.04 on Friday. Willis Towers Watson Public has a one year low of $292.97 and a one year high of $352.79. The firm’s 50 day moving average price is $326.66 and its 200-day moving average price is $327.77. The firm has a market cap of $31.60 billion, a P/E ratio of 20.15, a P/E/G ratio of 1.50 and a beta of 0.62. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.69 and a current ratio of 2.21.

Willis Towers Watson Public (NASDAQ:WTW) last issued its quarterly earnings results on Tuesday, February 3rd. The company reported $8.12 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $7.93 by $0.19. The company had revenue of $2.94 billion for the quarter, compared to analyst estimates of $2.87 billion. Willis Towers Watson Public had a net margin of 16.53% and a return on equity of 20.91%. The business’s revenue for the quarter was down 3.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $8.13 earnings per share. As a group, equities research analysts predict that Willis Towers Watson Public will post 17.32 EPS for the current year.

Willis Towers Watson Public Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st were given a dividend of $0.92 per share. This represents a $3.68 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend was Wednesday, December 31st. Willis Towers Watson Public’s dividend payout ratio (DPR) is presently 22.47%.

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.