Willis Towers Watson Public Limited (NASDAQ:WTW) Receives $309.47 Consensus Price Target from Analysts

Shares of Willis Towers Watson Public Limited (NASDAQ:WTW) have received a consensus rating of “Hold” from the sixteen brokerages that are covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and eight have issued a buy rating on the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $309.47.

A number of brokerages have recently commented on WTW. Truist Financial upped their price target on Willis Towers Watson Public from $335.00 to $365.00 and gave the company a “buy” rating in a research report on Wednesday, October 2nd. 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 price objective on the stock. Wells Fargo & Company lifted their target price on shares of Willis Towers Watson Public from $321.00 to $334.00 and gave the stock an “overweight” rating in a research note on Thursday, October 3rd. Jefferies Financial Group upped their price target on shares of Willis Towers Watson Public from $295.00 to $314.00 and gave the company a “hold” rating in a research note on Wednesday, October 9th. Finally, Morgan Stanley reduced 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 note on Wednesday, July 10th.

Willis Towers Watson Public Price Performance

WTW opened at $291.30 on Monday. The firm has a market cap of $29.58 billion, a P/E ratio of 27.88, a PEG ratio of 1.85 and a beta of 0.74. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.94 and a current ratio of 1.94. Willis Towers Watson Public has a fifty-two week low of $203.36 and a fifty-two week high of $303.42. The firm has a 50-day moving average of $288.83 and a 200 day moving average of $270.92.

Willis Towers Watson Public (NASDAQ:WTW) last released its earnings results on Thursday, July 25th. The company reported $2.55 earnings per share for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $2.27 billion during the quarter, compared to the consensus estimate of $2.27 billion. During the same period in the prior year, the firm earned $2.05 EPS. The company’s revenue was up 4.9% compared to the same quarter last year. On average, research analysts expect that Willis Towers Watson Public will post 16.49 EPS for the current year.

Willis Towers Watson Public Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Monday, September 30th were given a $0.88 dividend. This represents a $3.52 annualized dividend and a dividend yield of 1.21%. The ex-dividend date of this dividend was Monday, September 30th. Willis Towers Watson Public’s dividend payout ratio (DPR) is 33.68%.

Institutional Trading of Willis Towers Watson Public

Institutional investors and hedge funds have recently made changes to their positions in the stock. Victory Capital Management Inc. lifted its position in Willis Towers Watson Public by 5.2% in the 2nd quarter. Victory Capital Management Inc. now owns 1,991,311 shares of the company’s stock worth $522,002,000 after buying an additional 98,922 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of Willis Towers Watson Public by 17.8% in the 2nd 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 during the last quarter. Baupost Group LLC MA boosted its stake in shares of Willis Towers Watson Public by 6.2% in the 2nd quarter. Baupost Group LLC MA now owns 1,652,648 shares of the company’s stock valued at $433,225,000 after purchasing an additional 96,981 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC boosted its stake in shares of Willis Towers Watson Public by 3.6% in the 2nd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,122,475 shares of the company’s stock valued at $294,246,000 after purchasing an additional 39,288 shares in the last quarter. Finally, American Century Companies Inc. grew its holdings in shares of Willis Towers Watson Public by 22.5% during the 2nd quarter. American Century Companies Inc. now owns 1,006,728 shares of the company’s stock valued at $263,904,000 after purchasing an additional 185,126 shares during the last quarter. Hedge funds and other institutional investors own 93.09% of the company’s stock.

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.