Zacks Research Has Bullish Estimate for WTW FY2024 Earnings

Willis Towers Watson Public Limited (NASDAQ:WTW) – Investment analysts at Zacks Research raised their FY2024 earnings estimates for Willis Towers Watson Public in a research report issued on Thursday, November 14th. Zacks Research analyst R. Department now expects that the company will earn $16.62 per share for the year, up from their prior forecast of $16.44. The consensus estimate for Willis Towers Watson Public’s current full-year earnings is $16.67 per share. Zacks Research also issued estimates for Willis Towers Watson Public’s Q4 2024 earnings at $7.85 EPS, Q1 2025 earnings at $3.67 EPS, Q2 2025 earnings at $3.04 EPS, Q3 2025 earnings at $3.19 EPS, Q4 2025 earnings at $8.15 EPS, FY2025 earnings at $18.05 EPS, Q1 2026 earnings at $4.28 EPS, Q2 2026 earnings at $3.94 EPS, Q3 2026 earnings at $3.78 EPS and FY2026 earnings at $20.73 EPS.

Several other research firms have also commented on WTW. Wells Fargo & Company upped their price target on shares of Willis Towers Watson Public from $334.00 to $340.00 and gave the company an “overweight” rating in a research report on Monday, November 4th. Keefe, Bruyette & Woods upped their price target on Willis Towers Watson Public from $352.00 to $359.00 and gave the stock an “outperform” rating in a research note on Tuesday, November 5th. Barclays initiated coverage on Willis Towers Watson Public in a research report on Wednesday, September 4th. They set an “underweight” rating and a $278.00 price objective for the company. Roth Mkm raised their target price on shares of Willis Towers Watson Public from $315.00 to $345.00 and gave the company a “buy” rating in a report on Wednesday, October 2nd. Finally, Jefferies Financial Group boosted their price objective on Willis Towers Watson Public from $295.00 to $314.00 and gave the stock a “hold” rating in a research note on Wednesday, October 9th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $312.27.

Willis Towers Watson Public Stock Performance

WTW stock opened at $312.65 on Monday. Willis Towers Watson Public has a 1 year low of $234.01 and a 1 year high of $320.77. The stock’s fifty day moving average price is $296.49 and its 200-day moving average price is $277.08. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.72 and a quick ratio of 1.72. The company has a market cap of $31.49 billion, a P/E ratio of -42.95, a price-to-earnings-growth ratio of 1.95 and a beta of 0.73.

Willis Towers Watson Public (NASDAQ:WTW) last released its quarterly earnings data on Thursday, October 31st. The company reported $2.93 EPS for the quarter, topping the consensus estimate of $2.68 by $0.25. The company had revenue of $2.29 billion during the quarter, compared to the consensus estimate of $2.28 billion. Willis Towers Watson Public had a positive return on equity of 18.57% and a negative net margin of 7.36%. Willis Towers Watson Public’s revenue for the quarter was up 5.7% on a year-over-year basis. During the same period last year, the company earned $2.24 EPS.

Institutional Investors Weigh In On Willis Towers Watson Public

Several large investors have recently modified their holdings of WTW. Swedbank AB purchased a new stake in shares of Willis Towers Watson Public during the 1st quarter worth $4,512,000. CANADA LIFE ASSURANCE Co grew its position in shares of Willis Towers Watson Public by 2.7% during the 1st quarter. CANADA LIFE ASSURANCE Co now owns 115,262 shares of the company’s stock valued at $31,706,000 after acquiring an additional 3,021 shares during the period. Diversified Trust Co increased its position in shares of Willis Towers Watson Public by 38.4% in the second quarter. Diversified Trust Co now owns 6,716 shares of the company’s stock valued at $1,761,000 after buying an additional 1,863 shares in the last quarter. AMF Tjanstepension AB increased its holdings in Willis Towers Watson Public by 6.6% in the 2nd quarter. AMF Tjanstepension AB now owns 44,115 shares of the company’s stock worth $11,564,000 after acquiring an additional 2,744 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD increased its stake in shares of Willis Towers Watson Public by 4.1% during the first quarter. Price T Rowe Associates Inc. MD now owns 154,973 shares of the company’s stock worth $42,618,000 after purchasing an additional 6,118 shares in the last quarter. Institutional investors own 93.09% of the company’s stock.

Willis Towers Watson Public Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were issued a $0.88 dividend. This represents a $3.52 annualized dividend and a dividend yield of 1.13%. The ex-dividend date of this dividend was Monday, September 30th. Willis Towers Watson Public’s dividend payout ratio is -48.35%.

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.