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

Willis Towers Watson Public Limited Company (NASDAQ:WTW) has received a consensus rating of “Moderate Buy” from the seventeen research firms that are covering the company, Marketbeat.com reports. Six investment analysts have rated the stock with a hold rating, nine have issued a buy rating and two have issued a strong buy rating on the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $350.00.

Several equities research analysts have weighed in on WTW shares. Cantor Fitzgerald cut their price target 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. Bank of America cut their price target 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 price target on the stock in a report on Wednesday, May 6th. Barclays decreased their price target on Willis Towers Watson Public from $341.00 to $322.00 and set an “equal weight” rating for the company in a report on Wednesday, April 8th. Finally, Wells Fargo & Company decreased their price target on Willis Towers Watson Public from $379.00 to $351.00 and set an “overweight” rating for the company in a report on Thursday, April 9th.

Willis Towers Watson Public Price Performance

Shares of NASDAQ WTW opened at $263.91 on Friday. The stock’s 50-day moving average is $270.58 and its two-hundred day moving average is $298.15. The company has a debt-to-equity ratio of 0.78, a current ratio of 2.92 and a quick ratio of 2.92. Willis Towers Watson Public has a 1-year low of $240.61 and a 1-year high of $352.79. The company has a market cap of $24.93 billion, a price-to-earnings ratio of 15.39, a price-to-earnings-growth ratio of 0.84 and a beta of 0.43.

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 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 company had revenue of $2.41 billion for the quarter, compared to the consensus estimate of $2.41 billion. During the same quarter in the prior year, the business earned $3.13 EPS. Willis Towers Watson Public’s revenue was up 8.5% on a year-over-year basis. Analysts forecast that Willis Towers Watson Public will post 19.53 EPS for the current fiscal year.

Willis Towers Watson Public Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be issued a dividend of $0.96 per share. This represents a $3.84 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend is Tuesday, June 30th. Willis Towers Watson Public’s payout ratio is 22.39%.

Insider Transactions at Willis Towers Watson Public

In other Willis Towers Watson Public news, insider Lucy Clarke purchased 1,896 shares of the firm’s stock in a transaction on Wednesday, May 6th. The stock was bought at an average cost of $263.37 per share, with a total value of $499,349.52. Following the acquisition, the insider directly owned 22,717 shares of the company’s stock, valued at approximately $5,982,976.29. This represents a 9.11% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.40% of the stock is owned by company insiders.

Institutional Trading of Willis Towers Watson Public

Institutional investors have recently bought and sold shares of the business. AlTi Global Inc. grew its holdings in shares of Willis Towers Watson Public by 1.1% in the 4th quarter. AlTi Global Inc. now owns 3,302 shares of the company’s stock worth $1,088,000 after acquiring an additional 36 shares during the period. Larson Financial Group LLC grew its holdings in shares of Willis Towers Watson Public by 72.5% in the 4th quarter. Larson Financial Group LLC now owns 88 shares of the company’s stock worth $29,000 after acquiring an additional 37 shares during the period. Geneos Wealth Management Inc. grew its holdings in shares of Willis Towers Watson Public by 38.6% in the 1st quarter. Geneos Wealth Management Inc. now owns 140 shares of the company’s stock worth $47,000 after acquiring an additional 39 shares during the period. 44 Wealth Management LLC grew its holdings 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 worth $966,000 after acquiring an additional 39 shares during the period. Finally, Howard Capital Management Inc. grew its holdings in shares of 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 during the period. 93.09% of the stock is owned by hedge funds and other institutional investors.

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.