Willis Towers Watson Public (NASDAQ:WTW) Stock Price Target Lowered at Robert W. Baird

Willis Towers Watson Public (NASDAQ:WTW) had its target price reduced by Robert W. Baird from $385.00 to $383.00 in a report issued on Friday morning.

WTW has been the topic of several other research reports. The Goldman Sachs Group upped their price target on shares of Willis Towers Watson Public from $316.00 to $385.00 and gave the stock a “buy” rating in a research report on Monday, August 3rd. Weiss Ratings upgraded shares of Willis Towers Watson Public from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, October 21st. Wells Fargo & Company decreased their price target on shares of Willis Towers Watson Public from $364.00 to $360.00 and set an “overweight” rating on the stock in a research note on Monday. Citigroup lowered shares of Willis Towers Watson Public from a “buy” rating to a “neutral” rating and raised their price target for the company from $300.00 to $345.00 in a report on Monday, August 3rd. Finally, Piper Sandler increased their price objective on Willis Towers Watson Public from $283.00 to $317.00 and gave the company an “overweight” rating in a research report on Wednesday, July 15th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $369.94.

Willis Towers Watson Public Price Performance

Shares of WTW stock traded up $1.09 during mid-day trading on Friday, reaching $325.51. The company’s stock had a trading volume of 1,022,366 shares, compared to its average volume of 678,570. Willis Towers Watson Public has a 1-year low of $240.61 and a 1-year high of $351.51. The company has a market cap of $30.02 billion, a P/E ratio of 19.86, a PEG ratio of 0.94 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. The firm’s 50-day moving average is $315.00 and its two-hundred day moving average is $297.35.

Willis Towers Watson Public (NASDAQ:WTW) last issued its earnings results on Thursday, October 29th. The company reported $3.63 earnings per share for the quarter, beating the consensus estimate of $3.59 by $0.04. Willis Towers Watson Public had a net margin of 15.22% and a return on equity of 22.65%. The business had revenue of $2.46 billion for the quarter, compared to analyst estimates of $2.45 billion. During the same period in the previous year, the business earned $3.07 EPS. The firm’s revenue was up 7.5% on a year-over-year basis. On average, research analysts predict that Willis Towers Watson Public will post 19.78 earnings per share for the current year.

Willis Towers Watson Public Announces Dividend

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

Hedge Funds Weigh In On Willis Towers Watson Public

A number of hedge funds and other institutional investors have recently bought and sold shares of WTW. Raiffeisen Bank International AG grew its stake in shares of Willis Towers Watson Public by 37.8% during the second quarter. Raiffeisen Bank International AG now owns 124 shares of the company’s stock worth $33,000 after purchasing an additional 34 shares during the period. Farther Finance Advisors LLC boosted its holdings in Willis Towers Watson Public by 3.3% during the third quarter. Farther Finance Advisors LLC now owns 1,056 shares of the company’s stock worth $304,000 after buying an additional 34 shares during the last quarter. Ascent Group LLC boosted its holdings in Willis Towers Watson Public by 3.4% during the third quarter. Ascent Group LLC now owns 1,081 shares of the company’s stock worth $312,000 after buying an additional 36 shares during the last quarter. Crossmark Global Holdings Inc. grew its position in shares of Willis Towers Watson Public by 1.3% during the 2nd quarter. Crossmark Global Holdings Inc. now owns 3,064 shares of the company’s stock worth $801,000 after buying an additional 38 shares during the period. Finally, V Square Quantitative Management LLC grew its position in shares of Willis Towers Watson Public by 2.1% during the 1st quarter. V Square Quantitative Management LLC now owns 2,429 shares of the company’s stock worth $706,000 after buying an additional 49 shares during the period. 93.09% of the stock is owned by institutional investors.

About Willis Towers Watson Public

Willis Towers Watson Public Limited Company (NASDAQ: WTW) is a global advisory, broking and solutions company that helps organizations manage risk, optimize benefits and improve performance. Its clients include corporations, governments, institutions and individuals across a range of industries and markets.

The company’s services include insurance brokerage and risk management, reinsurance, employee benefits consulting, retirement and investment advisory, and human capital and organizational consulting.