Willis Towers Watson Public Limited (NASDAQ:WTW) Receives $290.54 Average Price Target from Analysts

Shares of Willis Towers Watson Public Limited (NASDAQ:WTW) have been given an average rating of “Moderate Buy” by the thirteen research firms that are currently covering the stock, MarketBeat Ratings reports. Five research analysts have rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $293.43.

Several equities analysts recently commented on WTW shares. Piper Sandler upped their price target on shares of Willis Towers Watson Public from $297.00 to $303.00 and gave the company an “overweight” rating in a report on Friday. Stifel Nicolaus upped their price target on shares of Willis Towers Watson Public from $236.00 to $268.00 and gave the company a “hold” rating in a report on Wednesday, February 7th. Roth Mkm upped their price target on shares of Willis Towers Watson Public from $275.00 to $300.00 and gave the company a “buy” rating in a report on Wednesday, February 7th. Citigroup upgraded shares of Willis Towers Watson Public from a “neutral” rating to a “buy” rating and upped their price target for the company from $236.00 to $315.00 in a report on Monday, February 12th. Finally, Truist Financial upped their price target on shares of Willis Towers Watson Public from $275.00 to $310.00 and gave the company a “buy” rating in a report on Wednesday, February 7th.

Insider Activity

In related news, CFO Andrew Jay Krasner sold 1,100 shares of the stock in a transaction that occurred on Friday, March 1st. The shares were sold at an average price of $272.13, for a total transaction of $299,343.00. Following the completion of the sale, the chief financial officer now owns 4,170 shares of the company’s stock, valued at $1,134,782.10. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.22% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in WTW. Loomis Sayles & Co. L P purchased a new position in shares of Willis Towers Watson Public during the third quarter worth $28,000. Exchange Traded Concepts LLC purchased a new position in shares of Willis Towers Watson Public during the fourth quarter worth $29,000. Hexagon Capital Partners LLC raised its holdings in shares of Willis Towers Watson Public by 168.8% during the fourth quarter. Hexagon Capital Partners LLC now owns 129 shares of the company’s stock worth $31,000 after purchasing an additional 81 shares during the last quarter. HHM Wealth Advisors LLC purchased a new position in shares of Willis Towers Watson Public during the fourth quarter worth $34,000. Finally, Massmutual Trust Co. FSB ADV raised its holdings in shares of Willis Towers Watson Public by 112.8% during the fourth quarter. Massmutual Trust Co. FSB ADV now owns 200 shares of the company’s stock worth $48,000 after purchasing an additional 106 shares during the last quarter. Hedge funds and other institutional investors own 93.09% of the company’s stock.

Willis Towers Watson Public Stock Down 2.3 %

Shares of NASDAQ WTW opened at $250.95 on Monday. The firm’s 50-day moving average price is $269.96 and its 200-day moving average price is $251.10. The company has a current ratio of 1.45, a quick ratio of 1.45 and a debt-to-equity ratio of 0.48. The stock has a market capitalization of $25.66 billion, a price-to-earnings ratio of 25.04, a P/E/G ratio of 1.51 and a beta of 0.73. Willis Towers Watson Public has a 12-month low of $195.29 and a 12-month high of $278.86.

Willis Towers Watson Public (NASDAQ:WTW) last announced its earnings results on Thursday, April 25th. The company reported $3.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.21 by $0.08. The firm had revenue of $2.34 billion for the quarter, compared to analysts’ expectations of $2.37 billion. Willis Towers Watson Public had a net margin of 11.12% and a return on equity of 15.70%. The business’s revenue was up 4.3% compared to the same quarter last year. During the same period in the prior year, the company earned $2.84 EPS. On average, equities research analysts anticipate that Willis Towers Watson Public will post 16.2 EPS for the current fiscal year.

Willis Towers Watson Public Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Sunday, March 31st were paid a dividend of $0.88 per share. The ex-dividend date of this dividend was Wednesday, March 27th. This is an increase from Willis Towers Watson Public’s previous quarterly dividend of $0.84. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.40%. Willis Towers Watson Public’s dividend payout ratio (DPR) is currently 35.13%.

Willis Towers Watson Public Company Profile

Willis Towers Watson Public Limited Company operates as an advisory, broking, and solutions company worldwide. It operates through two segments: Health, Wealth & Career and Risk & Broking. The company offers strategy and design consulting, plan management service and support, broking and administration services for health, wellbeing, and other group benefit program, including medical, dental, disability, life, voluntary benefits and other coverages; actuarial support, plan design, and administrative services for pension and retirement savings plans; retirement consulting services and solutions; and integrated solutions that consists of investment discretionary management, pension administration, core actuarial, and communication and change management assistance services.