Analysts Set Willis Towers Watson Public Limited Company (NASDAQ:WTW) Price Target at $368.23

Shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW) have been given a consensus recommendation of “Moderate Buy” by the fifteen research firms that are currently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, four have given a hold recommendation, eight have given a buy recommendation and two have issued a strong buy recommendation on the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $369.0769.

A number of equities analysts have issued reports on WTW shares. Wall Street Zen cut Willis Towers Watson Public from a “hold” rating to a “sell” rating in a report on Friday, November 28th. TD Cowen dropped their target price on shares of Willis Towers Watson Public from $408.00 to $391.00 and set a “buy” rating on the stock in a research report on Monday, November 10th. UBS Group raised their price target on shares of Willis Towers Watson Public from $395.00 to $398.00 and gave the stock a “buy” rating in a report on Wednesday, October 8th. Piper Sandler decreased their price target on shares of Willis Towers Watson Public from $387.00 to $356.00 and set an “overweight” rating for the company in a research note on Friday, October 31st. Finally, Raymond James Financial reiterated a “strong-buy” rating and set a $400.00 price objective (up previously from $380.00) on shares of Willis Towers Watson Public in a report on Monday, September 22nd.

Hedge Funds Weigh In On Willis Towers Watson Public

Institutional investors have recently modified their holdings of the company. Quadcap Wealth Management LLC grew its position in Willis Towers Watson Public by 4.8% in the 2nd quarter. Quadcap Wealth Management LLC now owns 747 shares of the company’s stock valued at $229,000 after purchasing an additional 34 shares during the period. Wedmont Private Capital raised its holdings in Willis Towers Watson Public by 3.8% during the third quarter. Wedmont Private Capital now owns 919 shares of the company’s stock worth $322,000 after buying an additional 34 shares during the last quarter. World Investment Advisors lifted its stake in shares of Willis Towers Watson Public by 4.7% in the third quarter. World Investment Advisors now owns 779 shares of the company’s stock valued at $269,000 after buying an additional 35 shares in the last quarter. MassMutual Private Wealth & Trust FSB grew its holdings in shares of Willis Towers Watson Public by 10.1% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 392 shares of the company’s stock valued at $120,000 after buying an additional 36 shares during the last quarter. Finally, Ethic Inc. increased its position in shares of Willis Towers Watson Public by 0.3% during the third quarter. Ethic Inc. now owns 14,050 shares of the company’s stock worth $4,853,000 after acquiring an additional 36 shares in the last quarter. 93.09% of the stock is owned by institutional investors and hedge funds.

Willis Towers Watson Public Stock Performance

Shares of Willis Towers Watson Public stock opened at $330.26 on Wednesday. The business has a 50-day moving average price of $324.93 and a two-hundred day moving average price of $325.01. Willis Towers Watson Public has a 1-year low of $292.97 and a 1-year high of $352.79. The company has a current ratio of 1.69, a quick ratio of 1.69 and a debt-to-equity ratio of 0.61. The company has a market cap of $31.62 billion, a P/E ratio of 15.72, a PEG ratio of 1.60 and a beta of 0.63.

Willis Towers Watson Public (NASDAQ:WTW) last announced its earnings results on Thursday, October 30th. The company reported $3.07 EPS for the quarter, beating the consensus estimate of $3.05 by $0.02. Willis Towers Watson Public had a return on equity of 21.46% and a net margin of 21.58%.The company had revenue of $2.29 billion for the quarter, compared to analyst estimates of $2.28 billion. During the same quarter in the prior year, the company earned $2.93 EPS. The firm’s revenue for the quarter was up .0% compared to the same quarter last year. As a group, analysts anticipate that Willis Towers Watson Public will post 17.32 EPS for the current year.

Willis Towers Watson Public declared that its Board of Directors has initiated a stock repurchase program on Thursday, September 18th that permits the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization permits the company to buy up to 4.6% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company’s board believes its shares are undervalued.

Willis Towers Watson Public Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st will be issued a $0.92 dividend. The ex-dividend date is Wednesday, December 31st. This represents a $3.68 annualized dividend and a yield of 1.1%. Willis Towers Watson Public’s dividend payout ratio is presently 17.52%.

Willis Towers Watson Public Company Profile

Willis Towers Watson Public (NASDAQ: WTW) is a global advisory, broking and solutions company that helps organizations manage risk, optimize benefits and cultivate talent. The firm combines insurance brokerage and risk management capabilities with human capital and benefits consulting, actuarial and analytics services, and technology-enabled solutions. Willis Towers Watson serves a broad client base that includes multinational and mid-sized corporations, public sector organizations, insurers and investment managers.

The company’s core activities encompass commercial and reinsurance brokerage, risk transfer and risk-financing advice, and claims advocacy, alongside employee benefits and retirement consulting.