69,234 Shares in Willis Towers Watson Public Limited Company $WTW Acquired by Westport Asset Management Inc.

Westport Asset Management Inc. bought a new stake in Willis Towers Watson Public Limited Company (NASDAQ:WTW) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 69,234 shares of the company’s stock, valued at approximately $18,096,000. Willis Towers Watson Public comprises 7.4% of Westport Asset Management Inc.’s portfolio, making the stock its 2nd largest position.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in WTW. AlTi Global Inc. raised its holdings in Willis Towers Watson Public by 1.1% during the 4th quarter. AlTi Global Inc. now owns 3,302 shares of the company’s stock worth $1,088,000 after purchasing an additional 36 shares during the last quarter. Larson Financial Group LLC boosted its stake in shares of Willis Towers Watson Public by 72.5% in the 4th quarter. Larson Financial Group LLC now owns 88 shares of the company’s stock valued at $29,000 after purchasing an additional 37 shares during the last quarter. Crossmark Global Holdings Inc. boosted its stake in shares of Willis Towers Watson Public by 1.3% in the 2nd quarter. Crossmark Global Holdings Inc. now owns 3,064 shares of the company’s stock valued at $801,000 after purchasing an additional 38 shares during the last quarter. 44 Wealth Management LLC boosted its stake in shares of Willis Towers Watson Public by 1.3% in the 4th quarter. 44 Wealth Management LLC now owns 2,939 shares of the company’s stock valued at $966,000 after purchasing an additional 39 shares during the last quarter. Finally, Geneos Wealth Management Inc. increased its position in shares of Willis Towers Watson Public by 38.6% during the first quarter. Geneos Wealth Management Inc. now owns 140 shares of the company’s stock worth $47,000 after buying an additional 39 shares during the period. Institutional investors and hedge funds own 93.09% of the company’s stock.

Willis Towers Watson Public Price Performance

Shares of NASDAQ WTW opened at $335.46 on Thursday. The firm has a market capitalization of $31.15 billion, a P/E ratio of 20.63, a P/E/G ratio of 0.94 and a beta of 0.42. The firm’s 50-day moving average price is $296.68 and its 200-day moving average price is $287.95. The company has a current ratio of 1.68, a quick ratio of 1.68 and a debt-to-equity ratio of 0.74. Willis Towers Watson Public Limited Company has a 1-year low of $240.61 and a 1-year high of $352.79.

Willis Towers Watson Public (NASDAQ:WTW) last issued its earnings results on Thursday, July 30th. The company reported $3.35 EPS for the quarter, beating the consensus estimate of $3.12 by $0.23. Willis Towers Watson Public had a return on equity of 22.19% and a net margin of 15.49%.The company had revenue of $2.47 billion during the quarter, compared to the consensus estimate of $2.42 billion. During the same period last year, the business posted $2.86 EPS. The firm’s revenue for the quarter was up 9.1% compared to the same quarter last year. Equities research analysts anticipate that Willis Towers Watson Public Limited Company will post 19.77 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

WTW has been the subject of a number of analyst reports. Keefe, Bruyette & Woods lifted their target price on shares of Willis Towers Watson Public from $381.00 to $394.00 and gave the stock an “outperform” rating in a research note on Tuesday, August 4th. Truist Financial upped their price target on shares of Willis Towers Watson Public from $320.00 to $400.00 and gave the company a “buy” rating in a research report on Friday, July 31st. Cantor Fitzgerald increased their price target on Willis Towers Watson Public from $344.00 to $380.00 and gave the stock a “neutral” rating in a report on Monday, August 3rd. UBS Group lifted their price objective on Willis Towers Watson Public from $382.00 to $405.00 and gave the stock a “buy” rating in a research report on Monday, August 3rd. Finally, The Goldman Sachs Group boosted their price objective on Willis Towers Watson Public from $316.00 to $385.00 and gave the company a “buy” rating in a research note on Monday, August 3rd. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $365.38.

About Willis Towers Watson Public

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.