Evercore ISI Raises Willis Towers Watson Public (NASDAQ:WTW) Price Target to $295.00

Willis Towers Watson Public (NASDAQ:WTW) had its price objective boosted by analysts at Evercore ISI from $290.00 to $295.00 in a research report issued to clients and investors on Friday, Benzinga reports. The brokerage presently has an “in-line” rating on the stock. Evercore ISI’s target price would suggest a potential upside of 17.55% from the company’s current price.

A number of other equities research analysts have also issued reports on the company. Keefe, Bruyette & Woods increased their price target on Willis Towers Watson Public from $307.00 to $317.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 10th. Wells Fargo & Company cut their price objective on Willis Towers Watson Public from $320.00 to $318.00 and set an “overweight” rating for the company in a research report on Thursday, April 11th. TD Cowen initiated coverage on Willis Towers Watson Public in a research report on Wednesday, January 10th. They set an “outperform” rating and a $316.00 price objective for the company. Piper Sandler raised their price objective on Willis Towers Watson Public from $297.00 to $303.00 and gave the company an “overweight” rating in a research report on Friday. Finally, Truist Financial raised their price objective on Willis Towers Watson Public from $275.00 to $310.00 and gave the company a “buy” rating in a research report on Wednesday, February 7th. Six analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $293.43.

Willis Towers Watson Public Trading Down 2.3 %

Shares of WTW stock opened at $250.95 on Friday. Willis Towers Watson Public has a 52-week low of $195.29 and a 52-week high of $278.86. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.45 and a current ratio of 1.89. The firm has a market capitalization of $25.66 billion, a PE ratio of 25.17, a PEG ratio of 1.46 and a beta of 0.73. The stock has a fifty day simple moving average of $269.96 and a two-hundred day simple moving average of $251.39.

Willis Towers Watson Public (NASDAQ:WTW) last issued its quarterly earnings results on Thursday, April 25th. The company reported $3.29 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.21 by $0.08. Willis Towers Watson Public had a return on equity of 16.31% and a net margin of 10.88%. The business had revenue of $2.34 billion during the quarter, compared to analyst estimates of $2.37 billion. During the same quarter in the prior year, the business posted $2.84 EPS. Willis Towers Watson Public’s revenue for the quarter was up 4.3% compared to the same quarter last year. On average, analysts predict that Willis Towers Watson Public will post 16.25 EPS for the current fiscal year.

Insider Buying and Selling

In other Willis Towers Watson Public news, CFO Andrew Jay Krasner sold 1,100 shares of the firm’s stock in a transaction dated Friday, March 1st. The shares were sold at an average price of $272.13, for a total value of $299,343.00. Following the completion of the sale, the chief financial officer now owns 4,170 shares of the company’s stock, valued at $1,134,782.10. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 0.22% of the stock is currently owned by company insiders.

Institutional Trading of Willis Towers Watson Public

Institutional investors have recently added to or reduced their stakes in the company. UMB Bank n.a. raised its stake in shares of Willis Towers Watson Public by 650.0% during the third quarter. UMB Bank n.a. now owns 390 shares of the company’s stock valued at $81,000 after acquiring an additional 338 shares in the last quarter. Czech National Bank raised its stake in shares of Willis Towers Watson Public by 45.4% during the third quarter. Czech National Bank now owns 18,321 shares of the company’s stock valued at $3,828,000 after acquiring an additional 5,723 shares in the last quarter. Live Oak Private Wealth LLC raised its stake in shares of Willis Towers Watson Public by 2.3% during the third quarter. Live Oak Private Wealth LLC now owns 6,485 shares of the company’s stock valued at $1,355,000 after acquiring an additional 148 shares in the last quarter. Xponance Inc. raised its stake in shares of Willis Towers Watson Public by 1.8% during the third quarter. Xponance Inc. now owns 15,476 shares of the company’s stock valued at $3,234,000 after acquiring an additional 279 shares in the last quarter. Finally, Community Capital Management LLC bought a new stake in shares of Willis Towers Watson Public during the third quarter valued at approximately $407,000. Institutional investors own 93.09% of the company’s stock.

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.