Johnson Investment Counsel Inc. Sells 1,695 Shares of Willis Towers Watson Public Limited (NASDAQ:WTW)

Johnson Investment Counsel Inc. trimmed its position in shares of Willis Towers Watson Public Limited (NASDAQ:WTW) by 0.6% during the second quarter, Holdings Channel.com reports. The firm owned 276,809 shares of the company’s stock after selling 1,695 shares during the period. Johnson Investment Counsel Inc.’s holdings in Willis Towers Watson Public were worth $72,563,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of WTW. Graypoint LLC raised its position in Willis Towers Watson Public by 4.7% in the 2nd quarter. Graypoint LLC now owns 820 shares of the company’s stock valued at $215,000 after buying an additional 37 shares during the last quarter. Blueshift Asset Management LLC grew its stake in Willis Towers Watson Public by 2.6% in the 4th quarter. Blueshift Asset Management LLC now owns 1,494 shares of the company’s stock valued at $360,000 after purchasing an additional 38 shares during the period. US Bancorp DE grew its stake in Willis Towers Watson Public by 0.3% in the 4th quarter. US Bancorp DE now owns 12,992 shares of the company’s stock valued at $3,134,000 after purchasing an additional 39 shares during the period. Checchi Capital Advisers LLC grew its stake in shares of Willis Towers Watson Public by 5.6% during the 1st quarter. Checchi Capital Advisers LLC now owns 884 shares of the company’s stock worth $243,000 after acquiring an additional 47 shares during the period. Finally, Sequoia Financial Advisors LLC grew its stake in shares of Willis Towers Watson Public by 4.1% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 1,189 shares of the company’s stock worth $312,000 after acquiring an additional 47 shares during the period. 93.09% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on WTW. Bank of America upgraded Willis Towers Watson Public from an “underperform” rating to a “neutral” rating and increased their price target for the stock from $272.00 to $304.00 in a research note on Wednesday, May 22nd. Wells Fargo & Company raised their price target on Willis Towers Watson Public from $318.00 to $321.00 and gave the company an “overweight” rating in a report on Friday, July 26th. Morgan Stanley decreased their price objective on Willis Towers Watson Public from $275.00 to $272.00 and set an “equal weight” rating on the stock in a report on Wednesday, July 10th. Truist Financial raised their price objective on Willis Towers Watson Public from $310.00 to $335.00 and gave the company a “buy” rating in a report on Friday, July 26th. Finally, Keefe, Bruyette & Woods lifted their price target on Willis Towers Watson Public from $320.00 to $323.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 31st. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat.com, Willis Towers Watson Public presently has an average rating of “Hold” and a consensus target price of $298.73.

Willis Towers Watson Public Trading Down 1.2 %

NASDAQ WTW opened at $288.08 on Thursday. The company has a quick ratio of 1.94, a current ratio of 1.94 and a debt-to-equity ratio of 0.56. Willis Towers Watson Public Limited has a twelve month low of $201.41 and a twelve month high of $296.45. The firm has a market capitalization of $29.45 billion, a PE ratio of 28.89, a P/E/G ratio of 1.51 and a beta of 0.74. The stock’s 50 day moving average is $277.78 and its 200 day moving average is $267.77.

Willis Towers Watson Public (NASDAQ:WTW) last released its quarterly earnings results on Thursday, July 25th. The company reported $2.55 earnings per share 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 analyst estimates 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 was up 4.9% on a year-over-year basis. During the same period in the previous year, the company posted $2.05 earnings per share. Research analysts forecast that Willis Towers Watson Public Limited will post 16.51 earnings per share for the current fiscal year.

Willis Towers Watson Public Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th will be paid a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a yield of 1.22%. The ex-dividend date of this dividend is Monday, September 30th. Willis Towers Watson Public’s payout ratio is 35.31%.

Willis Towers Watson Public Company 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.