Foyston Gordon & Payne Inc Grows Stock Holdings in Willis Towers Watson Public Limited Company $WTW

Foyston Gordon & Payne Inc lifted its stake in shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW) by 28.4% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 19,859 shares of the company’s stock after purchasing an additional 4,396 shares during the period. Willis Towers Watson Public accounts for about 1.5% of Foyston Gordon & Payne Inc’s portfolio, making the stock its 23rd largest holding. Foyston Gordon & Payne Inc’s holdings in Willis Towers Watson Public were worth $6,860,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Brighton Jones LLC grew its holdings in Willis Towers Watson Public by 4.7% in the 4th quarter. Brighton Jones LLC now owns 1,368 shares of the company’s stock valued at $429,000 after buying an additional 61 shares in the last quarter. NewEdge Advisors LLC raised its holdings in shares of Willis Towers Watson Public by 7.6% during the 1st quarter. NewEdge Advisors LLC now owns 2,588 shares of the company’s stock worth $875,000 after acquiring an additional 182 shares during the period. Empowered Funds LLC boosted its position in shares of Willis Towers Watson Public by 16.9% during the 1st quarter. Empowered Funds LLC now owns 2,400 shares of the company’s stock valued at $811,000 after acquiring an additional 347 shares during the last quarter. Geneos Wealth Management Inc. grew its holdings in shares of Willis Towers Watson Public by 38.6% in the first quarter. Geneos Wealth Management Inc. now owns 140 shares of the company’s stock valued at $47,000 after purchasing an additional 39 shares during the period. Finally, Envestnet Asset Management Inc. increased its position in Willis Towers Watson Public by 29.6% during the second quarter. Envestnet Asset Management Inc. now owns 125,996 shares of the company’s stock worth $38,618,000 after purchasing an additional 28,795 shares during the last quarter. Institutional investors and hedge funds own 93.09% of the company’s stock.

Willis Towers Watson Public Stock Performance

NASDAQ WTW opened at $305.17 on Friday. The company has a debt-to-equity ratio of 0.71, a current ratio of 2.21 and a quick ratio of 1.69. The company has a market cap of $28.85 billion, a P/E ratio of 18.63, a P/E/G ratio of 1.37 and a beta of 0.62. The stock has a 50-day moving average of $317.76 and a two-hundred day moving average of $325.34. Willis Towers Watson Public Limited Company has a 1-year low of $275.60 and a 1-year high of $352.79.

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

Willis Towers Watson Public Increases Dividend

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

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on WTW. Barclays increased their price target on shares of Willis Towers Watson Public from $303.00 to $318.00 and gave the company an “underweight” rating in a research note on Thursday, January 8th. Truist Financial increased their price objective on Willis Towers Watson Public from $380.00 to $400.00 and gave the stock a “buy” rating in a research report on Wednesday, February 4th. Cantor Fitzgerald reduced their target price on 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. Wells Fargo & Company upped their price target on Willis Towers Watson Public from $366.00 to $379.00 and gave the company an “overweight” rating in a research note on Wednesday, February 4th. Finally, UBS Group raised their price objective on Willis Towers Watson Public from $398.00 to $409.00 and gave the stock a “buy” rating in a research report on Monday, February 9th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $371.50.

Willis Towers Watson Public 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.