Willis Towers Watson Public Limited Company (NASDAQ:WTW) Given Average Recommendation of “Moderate Buy” by Analysts

Willis Towers Watson Public Limited Company (NASDAQ:WTW) has earned an average rating of “Moderate Buy” from the sixteen research firms that are covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, four have issued a hold rating, nine have given a buy rating and two have issued a strong buy rating on the company. The average 1-year price objective among analysts that have covered the stock in the last year is $373.50.

A number of brokerages recently weighed in on WTW. Cantor Fitzgerald cut their price target on shares of Willis Towers Watson Public from $365.00 to $345.00 and set a “neutral” rating on the stock in a report on Wednesday, January 14th. Truist Financial boosted their target price on shares of Willis Towers Watson Public from $380.00 to $400.00 and gave the company a “buy” rating in a research note on Wednesday, February 4th. Barclays raised their price target on shares of Willis Towers Watson Public from $303.00 to $318.00 and gave the stock an “underweight” rating in a research note on Thursday, January 8th. Wall Street Zen upgraded Willis Towers Watson Public from a “sell” rating to a “hold” rating in a research note on Saturday, February 7th. Finally, TD Cowen decreased their target price on Willis Towers Watson Public from $408.00 to $391.00 and set a “buy” rating for the company in a research report on Monday, November 10th.

Willis Towers Watson Public Price Performance

Shares of NASDAQ WTW opened at $296.84 on Thursday. The company has a market capitalization of $28.42 billion, a PE ratio of 18.12, a PEG ratio of 1.31 and a beta of 0.62. The company has a quick ratio of 1.69, a current ratio of 2.21 and a debt-to-equity ratio of 0.71. The stock’s 50 day moving average price is $318.74 and its 200-day moving average price is $325.66. Willis Towers Watson Public has a twelve month low of $275.60 and a twelve month high of $352.79.

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

Willis Towers Watson Public Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Wednesday, December 31st were issued a $0.92 dividend. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $3.68 annualized dividend and a yield of 1.2%. Willis Towers Watson Public’s dividend payout ratio (DPR) is 22.47%.

Hedge Funds Weigh In On Willis Towers Watson Public

A number of institutional investors and hedge funds have recently added to or reduced their stakes in WTW. Alpine Bank Wealth Management bought a new position in Willis Towers Watson Public in the 3rd quarter worth about $25,000. Bartlett & CO. Wealth Management LLC grew its position in shares of Willis Towers Watson Public by 375.0% during the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 76 shares of the company’s stock valued at $25,000 after acquiring an additional 60 shares during the period. SOA Wealth Advisors LLC. increased its position in Willis Towers Watson Public by 8,200.0% in the third quarter. SOA Wealth Advisors LLC. now owns 83 shares of the company’s stock worth $29,000 after buying an additional 82 shares in the last quarter. MV Capital Management Inc. purchased a new stake in Willis Towers Watson Public in the 4th quarter worth approximately $29,000. Finally, Larson Financial Group LLC increased its stake in shares of Willis Towers Watson Public by 72.5% in the fourth quarter. Larson Financial Group LLC now owns 88 shares of the company’s stock worth $29,000 after purchasing an additional 37 shares in the last quarter. Institutional investors own 93.09% of the company’s stock.

About Willis Towers Watson Public

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.