Ensign Peak Advisors Inc Decreases Stock Position in Willis Towers Watson Public Limited (NASDAQ:WTW)

Ensign Peak Advisors Inc decreased its position in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 31.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 47,322 shares of the company’s stock after selling 21,401 shares during the period. Ensign Peak Advisors Inc’s holdings in Willis Towers Watson Public were worth $12,405,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Graypoint LLC raised its position in shares of Willis Towers Watson Public by 4.7% in the 2nd quarter. Graypoint LLC now owns 820 shares of the company’s stock valued at $215,000 after purchasing an additional 37 shares in the last quarter. Blueshift Asset Management LLC raised its holdings in Willis Towers Watson Public by 2.6% in the fourth quarter. Blueshift Asset Management LLC now owns 1,494 shares of the company’s stock valued at $360,000 after acquiring an additional 38 shares in the last quarter. US Bancorp DE boosted its stake in Willis Towers Watson Public by 0.3% during the 4th quarter. US Bancorp DE now owns 12,992 shares of the company’s stock valued at $3,134,000 after acquiring an additional 39 shares during the last quarter. Checchi Capital Advisers LLC grew its holdings in Willis Towers Watson Public by 5.6% during the 1st quarter. Checchi Capital Advisers LLC now owns 884 shares of the company’s stock worth $243,000 after acquiring an additional 47 shares in the last quarter. Finally, Sequoia Financial Advisors LLC raised its stake in shares of Willis Towers Watson Public by 4.1% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 1,189 shares of the company’s stock valued at $312,000 after purchasing an additional 47 shares in the last quarter. Hedge funds and other institutional investors own 93.09% of the company’s stock.

Willis Towers Watson Public Stock Performance

Shares of NASDAQ WTW opened at $290.85 on Tuesday. Willis Towers Watson Public Limited has a 12-month low of $203.36 and a 12-month high of $296.45. The company has a market cap of $29.74 billion, a PE ratio of 29.17, a P/E/G ratio of 1.52 and a beta of 0.74. The stock has a 50 day simple moving average of $282.60 and a 200-day simple moving average of $268.71. The company has a current ratio of 1.94, a quick ratio of 1.94 and a debt-to-equity ratio of 0.56.

Willis Towers Watson Public (NASDAQ:WTW) last announced its quarterly earnings results on Thursday, July 25th. The company reported $2.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.28 by $0.27. The company had revenue of $2.27 billion during the quarter, compared to analyst estimates of $2.27 billion. Willis Towers Watson Public had a return on equity of 16.97% and a net margin of 11.24%. The firm’s quarterly revenue was up 4.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.05 EPS. On average, equities research analysts forecast that Willis Towers Watson Public Limited will post 16.51 EPS for the current year.

Willis Towers Watson Public Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th will be paid a dividend of $0.88 per share. The ex-dividend date is Monday, September 30th. This represents a $3.52 annualized dividend and a yield of 1.21%. Willis Towers Watson Public’s payout ratio is 35.31%.

Wall Street Analyst Weigh In

WTW has been the subject of a number of research reports. Keefe, Bruyette & Woods lifted their price target on Willis Towers Watson Public from $320.00 to $323.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 31st. Roth Mkm boosted their price target on Willis Towers Watson Public from $300.00 to $315.00 and gave the company a “buy” rating in a report on Friday, July 26th. Truist Financial raised their price objective on Willis Towers Watson Public from $310.00 to $335.00 and gave the stock a “buy” rating in a research note on Friday, July 26th. Barclays assumed coverage on shares of Willis Towers Watson Public in a research note on Wednesday, September 4th. They set an “underweight” rating and a $278.00 target price for the company. Finally, Morgan Stanley reduced their price target on shares of Willis Towers Watson Public from $275.00 to $272.00 and set an “equal weight” rating on the stock in a research report on Wednesday, July 10th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat, Willis Towers Watson Public currently has a consensus rating of “Hold” and an average price target 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.