Q3 2024 EPS Estimates for Willis Towers Watson Public Limited (NASDAQ:WTW) Raised by Analyst

Willis Towers Watson Public Limited (NASDAQ:WTW) – Investment analysts at William Blair raised their Q3 2024 earnings per share estimates for Willis Towers Watson Public in a report issued on Thursday, April 25th. William Blair analyst A. Klauber now anticipates that the company will post earnings of $2.75 per share for the quarter, up from their prior estimate of $2.74. The consensus estimate for Willis Towers Watson Public’s current full-year earnings is $16.27 per share. William Blair also issued estimates for Willis Towers Watson Public’s Q1 2025 earnings at $3.78 EPS, Q3 2025 earnings at $3.10 EPS, Q4 2025 earnings at $8.85 EPS and FY2025 earnings at $18.41 EPS.

Willis Towers Watson Public (NASDAQ:WTW) last released its quarterly earnings data on Thursday, April 25th. The company reported $3.29 EPS for the quarter, beating the consensus estimate of $3.21 by $0.08. The company had revenue of $2.34 billion during the quarter, compared to the consensus estimate of $2.37 billion. Willis Towers Watson Public had a return on equity of 16.31% and a net margin of 10.88%. The firm’s revenue for the quarter was up 4.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.84 EPS.

WTW has been the subject of a number of other research reports. Stifel Nicolaus lifted their price target on Willis Towers Watson Public from $236.00 to $268.00 and gave the stock a “hold” rating in a report on Wednesday, February 7th. TD Cowen began coverage on Willis Towers Watson Public in a research note on Wednesday, January 10th. They issued an “outperform” rating and a $316.00 price target on the stock. Truist Financial raised their price target on Willis Towers Watson Public from $275.00 to $310.00 and gave the company a “buy” rating in a report on Wednesday, February 7th. Evercore ISI upped their price objective on shares of Willis Towers Watson Public from $290.00 to $295.00 and gave the company an “in-line” rating in a report on Friday. Finally, Citigroup upgraded shares of Willis Towers Watson Public from a “neutral” rating to a “buy” rating and raised their target price for the stock from $236.00 to $315.00 in a research note on Monday, February 12th. Six investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $293.43.

Willis Towers Watson Public Stock Down 2.3 %

Willis Towers Watson Public stock opened at $250.95 on Monday. Willis Towers Watson Public has a fifty-two week low of $195.29 and a fifty-two week high of $278.86. The firm has a market capitalization of $25.66 billion, a PE ratio of 25.17, a P/E/G ratio of 1.42 and a beta of 0.73. The company’s 50-day moving average is $269.96 and its 200-day moving average is $251.68. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.89 and a quick ratio of 1.45.

Institutional Investors Weigh In On Willis Towers Watson Public

A number of hedge funds and other institutional investors have recently bought and sold shares of WTW. Loomis Sayles & Co. L P bought a new position in Willis Towers Watson Public in the 3rd quarter valued at approximately $28,000. Exchange Traded Concepts LLC acquired a new position in Willis Towers Watson Public in the 4th quarter valued at approximately $29,000. Hexagon Capital Partners LLC increased its position in Willis Towers Watson Public by 168.8% in the 4th quarter. Hexagon Capital Partners LLC now owns 129 shares of the company’s stock valued at $31,000 after acquiring an additional 81 shares during the period. HHM Wealth Advisors LLC bought a new position in shares of Willis Towers Watson Public during the fourth quarter valued at $34,000. Finally, Massmutual Trust Co. FSB ADV lifted its holdings in shares of Willis Towers Watson Public by 112.8% during the fourth quarter. Massmutual Trust Co. FSB ADV now owns 200 shares of the company’s stock worth $48,000 after purchasing an additional 106 shares during the period. Institutional investors own 93.09% of the company’s stock.

Insider Activity

In related news, CFO Andrew Jay Krasner sold 1,100 shares of the stock in a transaction that occurred on 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 transaction, the chief financial officer now owns 4,170 shares of the company’s stock, valued at approximately $1,134,782.10. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. 0.22% of the stock is currently owned by corporate insiders.

Willis Towers Watson Public Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Sunday, March 31st were issued a $0.88 dividend. The ex-dividend date was Wednesday, March 27th. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.40%. This is a boost from Willis Towers Watson Public’s previous quarterly dividend of $0.84. Willis Towers Watson Public’s dividend 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.