Ironwood Investment Counsel LLC Has $768,000 Position in Willis Towers Watson Public Limited Company $WTW

Ironwood Investment Counsel LLC decreased its stake in Willis Towers Watson Public Limited Company (NASDAQ:WTW) by 84.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,224 shares of the company’s stock after selling 11,687 shares during the period. Ironwood Investment Counsel LLC’s holdings in Willis Towers Watson Public were worth $768,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Alpine Bank Wealth Management acquired a new stake in Willis Towers Watson Public during the 3rd quarter valued at approximately $25,000. SOA Wealth Advisors LLC. lifted its position in shares of Willis Towers Watson Public by 8,200.0% in the 3rd quarter. SOA Wealth Advisors LLC. now owns 83 shares of the company’s stock worth $29,000 after purchasing an additional 82 shares during the period. Quent Capital LLC bought a new stake in shares of Willis Towers Watson Public in the 3rd quarter valued at $34,000. Elevation Point Wealth Partners LLC acquired a new stake in shares of Willis Towers Watson Public during the second quarter worth $39,000. Finally, Motco raised its stake in Willis Towers Watson Public by 1,933.3% during the third quarter. Motco now owns 122 shares of the company’s stock worth $42,000 after buying an additional 116 shares during the last quarter. 93.09% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on WTW. Cantor Fitzgerald cut their price target on shares of Willis Towers Watson Public from $365.00 to $345.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 14th. Mizuho initiated coverage on Willis Towers Watson Public in a research report on Tuesday, December 16th. They set an “outperform” rating and a $386.00 target price on the stock. Barclays lifted their target price on Willis Towers Watson Public from $303.00 to $318.00 and gave the stock an “underweight” rating in a report on Thursday, January 8th. TD Cowen cut their price target on Willis Towers Watson Public from $408.00 to $391.00 and set a “buy” rating on the stock in a report on Monday, November 10th. Finally, Piper Sandler lowered their price objective 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. Two research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $372.71.

Willis Towers Watson Public Trading Up 0.8%

NASDAQ WTW opened at $330.04 on Friday. The company has a quick ratio of 1.69, a current ratio of 2.21 and a debt-to-equity ratio of 0.71. Willis Towers Watson Public Limited Company has a 52 week low of $292.97 and a 52 week high of $352.79. The business has a 50 day moving average price of $326.66 and a 200-day moving average price of $327.63. The company has a market cap of $31.60 billion, a price-to-earnings ratio of 20.15, a P/E/G ratio of 1.49 and a beta of 0.62.

Willis Towers Watson Public (NASDAQ:WTW) last posted its quarterly earnings results on Tuesday, February 3rd. The company reported $8.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $7.93 by $0.19. The business had revenue of $2.94 billion during the quarter, compared to the consensus estimate of $2.87 billion. Willis Towers Watson Public had a net margin of 16.53% and a return on equity of 20.91%. Willis Towers Watson Public’s revenue was down 3.3% compared to the same quarter last year. During the same quarter last year, the firm posted $8.13 EPS. As a group, equities analysts expect that Willis Towers Watson Public Limited Company will post 17.32 earnings per share for the current fiscal year.

Willis Towers Watson Public Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st were given a dividend of $0.92 per share. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $3.68 annualized dividend and a dividend yield of 1.1%. Willis Towers Watson Public’s payout ratio is presently 22.47%.

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.