Intech Investment Management LLC Has $21.34 Million Stock Position in Willis Towers Watson Public Limited (NASDAQ:WTW)

Intech Investment Management LLC grew its stake in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 5.5% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 81,413 shares of the company’s stock after purchasing an additional 4,208 shares during the period. Intech Investment Management LLC owned approximately 0.08% of Willis Towers Watson Public worth $21,342,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in WTW. Balyasny Asset Management L.P. bought a new stake in shares of Willis Towers Watson Public during the fourth quarter worth about $107,010,000. Acadian Asset Management LLC increased its position in shares of Willis Towers Watson Public by 520.3% during the first quarter. Acadian Asset Management LLC now owns 417,427 shares of the company’s stock worth $114,765,000 after acquiring an additional 350,135 shares in the last quarter. Bank of New York Mellon Corp increased its position in shares of Willis Towers Watson Public by 17.8% during the second quarter. Bank of New York Mellon Corp now owns 1,728,554 shares of the company’s stock worth $453,123,000 after acquiring an additional 261,562 shares in the last quarter. American Century Companies Inc. grew its position in Willis Towers Watson Public by 22.5% in the 2nd quarter. American Century Companies Inc. now owns 1,006,728 shares of the company’s stock worth $263,904,000 after purchasing an additional 185,126 shares in the last quarter. Finally, Hsbc Holdings PLC grew its position in Willis Towers Watson Public by 161.4% in the 2nd quarter. Hsbc Holdings PLC now owns 190,101 shares of the company’s stock worth $50,032,000 after purchasing an additional 117,372 shares in the last quarter. Institutional investors and hedge funds own 93.09% of the company’s stock.

Willis Towers Watson Public Stock Performance

NASDAQ WTW opened at $288.81 on Friday. Willis Towers Watson Public Limited has a 1 year low of $203.36 and a 1 year high of $296.45. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.94 and a quick ratio of 1.94. The stock has a market capitalization of $29.33 billion, a PE ratio of 28.97, a P/E/G ratio of 1.52 and a beta of 0.74. The company’s 50 day simple moving average is $281.57 and its two-hundred day simple moving average is $268.54.

Willis Towers Watson Public (NASDAQ:WTW) last posted its earnings results on Thursday, July 25th. The company reported $2.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.28 by $0.27. Willis Towers Watson Public had a net margin of 11.24% and a return on equity of 16.97%. The business had revenue of $2.27 billion for the quarter, compared to analysts’ expectations of $2.27 billion. During the same period in the prior year, the company posted $2.05 EPS. The business’s revenue for the quarter was up 4.9% compared to the same quarter last year. Analysts predict that Willis Towers Watson Public Limited will post 16.51 earnings per share for the current fiscal year.

Willis Towers Watson Public Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th will be issued a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.22%. The ex-dividend date is Monday, September 30th. Willis Towers Watson Public’s payout ratio is 35.31%.

Wall Street Analyst Weigh In

WTW has been the subject of a number of recent analyst reports. Barclays initiated coverage on shares of Willis Towers Watson Public in a research report on Wednesday, September 4th. They issued an “underweight” rating and a $278.00 price objective for the company. Keefe, Bruyette & Woods upped their price objective on shares of Willis Towers Watson Public from $320.00 to $323.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 31st. Truist Financial boosted their target price on shares of Willis Towers Watson Public from $310.00 to $335.00 and gave the company a “buy” rating in a research note on Friday, July 26th. Roth Mkm boosted their target price on shares of Willis Towers Watson Public from $300.00 to $315.00 and gave the company a “buy” rating in a research note on Friday, July 26th. Finally, Wells Fargo & Company boosted their target price on shares of Willis Towers Watson Public from $318.00 to $321.00 and gave the company an “overweight” rating in a research note on Friday, July 26th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat, Willis Towers Watson Public presently has an average rating of “Hold” and a consensus target price of $298.73.

About Willis Towers Watson Public

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.