Fidelis Capital Partners LLC Increases Stock Position in Willis Towers Watson Public Limited (NASDAQ:WTW)

Fidelis Capital Partners LLC increased its position in Willis Towers Watson Public Limited (NASDAQ:WTW) by 7.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,186 shares of the company’s stock after buying an additional 83 shares during the quarter. Fidelis Capital Partners LLC’s holdings in Willis Towers Watson Public were worth $327,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. State Board of Administration of Florida Retirement System raised its holdings in shares of Willis Towers Watson Public by 6.8% in the 1st quarter. State Board of Administration of Florida Retirement System now owns 116,615 shares of the company’s stock worth $32,069,000 after purchasing an additional 7,404 shares during the period. M&G Plc purchased a new position in Willis Towers Watson Public in the first quarter valued at approximately $12,318,000. Gillson Capital LP lifted its position in Willis Towers Watson Public by 27.3% during the fourth quarter. Gillson Capital LP now owns 253,591 shares of the company’s stock valued at $61,166,000 after buying an additional 54,361 shares in the last quarter. Bridgewater Associates LP grew its stake in Willis Towers Watson Public by 60.0% during the fourth quarter. Bridgewater Associates LP now owns 74,799 shares of the company’s stock worth $18,042,000 after buying an additional 28,046 shares during the period. Finally, Acadian Asset Management LLC increased its position in shares of Willis Towers Watson Public by 520.3% in 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. Institutional investors and hedge funds own 93.09% of the company’s stock.

Willis Towers Watson Public Price Performance

Shares of WTW stock opened at $290.85 on Tuesday. 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 firm has a market cap of $29.74 billion, a P/E ratio of 29.17, a P/E/G ratio of 1.52 and a beta of 0.74. Willis Towers Watson Public Limited has a 1-year low of $203.36 and a 1-year high of $296.45. The firm has a fifty day moving average of $282.60 and a two-hundred day moving average of $268.71.

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

Willis Towers Watson Public Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th will be given a $0.88 dividend. The ex-dividend date of this dividend is Monday, September 30th. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.21%. Willis Towers Watson Public’s payout ratio is currently 35.31%.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on WTW. Barclays started coverage on shares of Willis Towers Watson Public in a report on Wednesday, September 4th. They set an “underweight” rating and a $278.00 target price on the stock. Wells Fargo & Company upped their target price on Willis Towers Watson Public from $318.00 to $321.00 and gave the stock an “overweight” rating in a research report on Friday, July 26th. Roth Mkm raised their target price 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 upped their price target on Willis Towers Watson Public from $310.00 to $335.00 and gave the stock a “buy” rating in a report on Friday, July 26th. Finally, Morgan Stanley lowered their price objective on shares of Willis Towers Watson Public from $275.00 to $272.00 and set an “equal weight” rating for the company in a research report on Wednesday, July 10th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat.com, Willis Towers Watson Public currently has an average rating of “Hold” and a consensus price target of $298.73.

Willis Towers Watson Public 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.