Vanguard Group Inc. Acquires 103,784 Shares of Willis Towers Watson Public Limited Company $WTW

Vanguard Group Inc. lifted its stake in Willis Towers Watson Public Limited Company (NASDAQ:WTW) by 0.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 11,372,970 shares of the company’s stock after purchasing an additional 103,784 shares during the period. Vanguard Group Inc. owned about 11.88% of Willis Towers Watson Public worth $3,928,792,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in WTW. Alpine Bank Wealth Management purchased a new position in shares of Willis Towers Watson Public during the third quarter worth approximately $25,000. SOA Wealth Advisors LLC. grew its stake in Willis Towers Watson Public by 8,200.0% in the third quarter. SOA Wealth Advisors LLC. now owns 83 shares of the company’s stock worth $29,000 after purchasing an additional 82 shares in the last quarter. Quent Capital LLC bought a new position in Willis Towers Watson Public in the third quarter worth approximately $34,000. Elevation Point Wealth Partners LLC purchased a new position in Willis Towers Watson Public during the 2nd quarter worth $39,000. Finally, Motco raised its position in Willis Towers Watson Public by 1,933.3% during the 3rd quarter. Motco now owns 122 shares of the company’s stock valued at $42,000 after purchasing an additional 116 shares in the last quarter. Hedge funds and other institutional investors own 93.09% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the company. 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 report on Friday, October 31st. UBS Group increased their target price on shares of Willis Towers Watson Public from $398.00 to $409.00 and gave the stock a “buy” rating in a report on Monday, February 9th. Mizuho started coverage on shares of Willis Towers Watson Public in a research report on Tuesday, December 16th. They set an “outperform” rating and a $386.00 target price on the stock. TD Cowen reduced their price target on shares of Willis Towers Watson Public from $408.00 to $391.00 and set a “buy” rating for the company in a report on Monday, November 10th. Finally, Citigroup increased their price objective on shares of Willis Towers Watson Public from $351.00 to $366.00 and gave the company a “neutral” rating in a research note on Monday, February 9th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $374.57.

Willis Towers Watson Public Trading Up 2.7%

NASDAQ:WTW opened at $295.50 on Wednesday. The stock has a market capitalization of $28.29 billion, a price-to-earnings ratio of 18.04, a PEG ratio of 1.30 and a beta of 0.62. Willis Towers Watson Public Limited Company has a 52 week low of $275.60 and a 52 week high of $352.79. The company has a quick ratio of 1.69, a current ratio of 2.21 and a debt-to-equity ratio of 0.71. The firm has a 50 day moving average of $322.21 and a 200 day moving average of $326.82.

Willis Towers Watson Public (NASDAQ:WTW) last released its quarterly earnings results on Tuesday, February 3rd. The company reported $8.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $7.93 by $0.19. The business 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% on a year-over-year basis. During the same period in the previous year, the company earned $8.13 earnings per share. As a group, sell-side analysts anticipate that Willis Towers Watson Public Limited Company will post 17.32 earnings per share for the current fiscal year.

Willis Towers Watson Public Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st were paid a $0.92 dividend. The ex-dividend date was Wednesday, December 31st. This represents a $3.68 dividend on an annualized basis and a yield of 1.2%. Willis Towers Watson Public’s dividend payout ratio (DPR) is 22.47%.

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.