Epoch Investment Partners Inc. Has $390,000 Position in Willis Towers Watson Public Limited (NASDAQ:WTW)

Epoch Investment Partners Inc. cut its holdings in Willis Towers Watson Public Limited (NASDAQ:WTW) by 4.5% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 1,488 shares of the company’s stock after selling 70 shares during the quarter. Epoch Investment Partners Inc.’s holdings in Willis Towers Watson Public were worth $390,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Richardson Financial Services Inc. acquired a new stake in shares of Willis Towers Watson Public in the 1st quarter valued at about $28,000. American National Bank acquired a new stake in Willis Towers Watson Public in the 2nd quarter valued at approximately $36,000. Beacon Capital Management LLC lifted its stake in Willis Towers Watson Public by 136.5% in the 1st quarter. Beacon Capital Management LLC now owns 175 shares of the company’s stock valued at $48,000 after acquiring an additional 101 shares in the last quarter. New Millennium Group LLC acquired a new position in Willis Towers Watson Public during the 2nd quarter worth approximately $54,000. Finally, LRI Investments LLC bought a new position in shares of Willis Towers Watson Public during the 1st quarter worth approximately $58,000. 93.09% of the stock is currently owned by institutional investors and hedge funds.

Willis Towers Watson Public Stock Down 0.6 %

Shares of WTW opened at $289.21 on Wednesday. The firm has a market cap of $29.37 billion, a P/E ratio of 29.01, a price-to-earnings-growth ratio of 1.51 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 Limited has a 52 week low of $203.36 and a 52 week high of $296.45. The firm’s 50-day simple moving average is $283.10 and its 200 day simple moving average is $268.82.

Willis Towers Watson Public (NASDAQ:WTW) last posted its earnings results on Thursday, July 25th. The company reported $2.55 EPS for the quarter, beating the consensus estimate of $2.28 by $0.27. The company had revenue of $2.27 billion for the quarter, compared to the consensus estimate 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 revenue for the quarter was up 4.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.05 earnings per share. On average, analysts forecast that Willis Towers Watson Public Limited will post 16.51 earnings per share for the current year.

Willis Towers Watson Public Dividend Announcement

The firm also recently announced 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 is Monday, September 30th. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.22%. Willis Towers Watson Public’s payout ratio is presently 35.31%.

Analyst Upgrades and Downgrades

Several brokerages recently commented on WTW. Wells Fargo & Company increased their target price on shares of Willis Towers Watson Public from $318.00 to $321.00 and gave the stock an “overweight” rating in a report on Friday, July 26th. 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. Keefe, Bruyette & Woods lifted their target price on Willis Towers Watson Public from $320.00 to $323.00 and gave the company an “outperform” rating in a research report on Wednesday, July 31st. Truist Financial increased their price target on Willis Towers Watson Public from $310.00 to $335.00 and gave the company a “buy” rating in a research report on Friday, July 26th. Finally, Barclays began coverage on Willis Towers Watson Public in a research report on Wednesday, September 4th. They set an “underweight” rating and a $278.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat, Willis Towers Watson Public has a consensus rating of “Hold” and a consensus target price 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.