Analysts Set Willis Towers Watson Public Limited Company (NASDAQ:WTW) PT at $373.50

Willis Towers Watson Public Limited Company (NASDAQ:WTW) has earned a consensus recommendation of “Moderate Buy” from the sixteen analysts that are presently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation, ten have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $371.50.

WTW has been the topic of a number of analyst reports. Cantor Fitzgerald reduced their price objective on shares of Willis Towers Watson Public from $365.00 to $345.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 14th. Wells Fargo & Company upped their price target on shares of Willis Towers Watson Public from $366.00 to $379.00 and gave the company an “overweight” rating in a research report on Wednesday, February 4th. Mizuho decreased their price target on Willis Towers Watson Public from $392.00 to $358.00 and set an “outperform” rating for the company in a report on Friday, February 27th. Evercore boosted their price objective on Willis Towers Watson Public from $383.00 to $390.00 and gave the company an “outperform” rating in a research note on Wednesday, February 4th. Finally, Citigroup upped their target price on Willis Towers Watson Public from $351.00 to $366.00 and gave the company a “neutral” rating in a research report on Monday, February 9th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Quadcap Wealth Management LLC raised its holdings in shares of Willis Towers Watson Public by 4.8% during the second 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 stake in Willis Towers Watson Public by 3.8% during the 3rd quarter. Wedmont Private Capital now owns 919 shares of the company’s stock worth $322,000 after buying an additional 34 shares during the period. World Investment Advisors boosted its holdings in Willis Towers Watson Public by 4.7% in the third quarter. World Investment Advisors now owns 779 shares of the company’s stock worth $269,000 after acquiring an additional 35 shares in the last quarter. Ethic Inc. increased its holdings 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 valued at $4,853,000 after acquiring an additional 36 shares in the last quarter. Finally, AlTi Global Inc. raised its position in shares of Willis Towers Watson Public by 1.1% during the fourth 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 period. 93.09% of the stock is owned by institutional investors.

Willis Towers Watson Public Stock Performance

NASDAQ WTW opened at $304.49 on Thursday. The company has a market capitalization of $28.79 billion, a price-to-earnings ratio of 18.59, a PEG ratio of 1.35 and a beta of 0.62. Willis Towers Watson Public has a twelve month low of $275.60 and a twelve month high of $352.79. The stock has a fifty day simple moving average of $316.02 and a 200 day simple moving average of $324.75. The company has a quick ratio of 2.21, a current ratio of 2.21 and a debt-to-equity ratio of 0.71.

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

Willis Towers Watson Public Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be given a dividend of $0.96 per share. This is a positive change from Willis Towers Watson Public’s previous quarterly dividend of $0.92. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $3.84 annualized dividend and a dividend yield of 1.3%. Willis Towers Watson Public’s payout ratio is 22.47%.

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.