Analysts Set Willis Towers Watson Public Limited (NASDAQ:WTW) PT at $342.08

Willis Towers Watson Public Limited (NASDAQ:WTW) has been assigned a consensus rating of “Moderate Buy” from the thirteen brokerages that are presently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, three have given a hold recommendation, eight have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $342.08.

A number of brokerages have recently issued reports on WTW. Evercore ISI raised shares of Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and increased their price target for the stock from $357.00 to $373.00 in a report on Wednesday, January 8th. Keefe, Bruyette & Woods increased their price target on shares of Willis Towers Watson Public from $378.00 to $387.00 and gave the stock an “outperform” rating in a report on Friday, January 10th. Truist Financial reissued a “buy” rating and issued a $380.00 price target (up from $365.00) on shares of Willis Towers Watson Public in a report on Wednesday, December 4th. Jefferies Financial Group raised shares of Willis Towers Watson Public from a “hold” rating to a “buy” rating and increased their price target for the stock from $352.00 to $382.00 in a report on Friday, December 20th. Finally, Wells Fargo & Company lowered their price target on shares of Willis Towers Watson Public from $380.00 to $345.00 and set an “overweight” rating on the stock in a report on Tuesday, January 14th.

Institutional Investors Weigh In On Willis Towers Watson Public

Institutional investors and hedge funds have recently bought and sold shares of the stock. Mackenzie Financial Corp grew its position in Willis Towers Watson Public by 5.2% during the fourth quarter. Mackenzie Financial Corp now owns 15,113 shares of the company’s stock valued at $4,734,000 after acquiring an additional 741 shares during the last quarter. Forum Financial Management LP grew its position in Willis Towers Watson Public by 3.8% during the fourth quarter. Forum Financial Management LP now owns 1,197 shares of the company’s stock valued at $375,000 after acquiring an additional 44 shares during the last quarter. Castlekeep Investment Advisors LLC bought a new position in Willis Towers Watson Public during the fourth quarter valued at approximately $4,612,000. GTS Securities LLC grew its position in Willis Towers Watson Public by 74.0% during the fourth quarter. GTS Securities LLC now owns 1,951 shares of the company’s stock valued at $611,000 after acquiring an additional 830 shares during the last quarter. Finally, Vise Technologies Inc. grew its position in Willis Towers Watson Public by 20.3% during the fourth quarter. Vise Technologies Inc. now owns 1,220 shares of the company’s stock valued at $382,000 after acquiring an additional 206 shares during the last quarter. 93.09% of the stock is owned by hedge funds and other institutional investors.

Willis Towers Watson Public Price Performance

NASDAQ WTW opened at $324.73 on Friday. The company has a market cap of $32.71 billion, a PE ratio of -324.73, a price-to-earnings-growth ratio of 2.92 and a beta of 0.74. Willis Towers Watson Public has a 52 week low of $245.04 and a 52 week high of $334.99. The company has a quick ratio of 1.72, a current ratio of 1.98 and a debt-to-equity ratio of 0.66. The firm’s 50-day simple moving average is $317.98 and its two-hundred day simple moving average is $304.44.

Willis Towers Watson Public (NASDAQ:WTW) last released its quarterly earnings data on Tuesday, February 4th. The company reported $8.13 EPS for the quarter, beating the consensus estimate of $8.01 by $0.12. The business had revenue of $3.04 billion for the quarter, compared to the consensus estimate of $3.05 billion. Willis Towers Watson Public had a negative net margin of 0.99% and a positive return on equity of 20.02%. The company’s revenue was up 4.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $7.44 earnings per share. Research analysts predict that Willis Towers Watson Public will post 17.35 earnings per share for the current year.

Willis Towers Watson Public Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were paid a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a yield of 1.08%. The ex-dividend date was Tuesday, December 31st. Willis Towers Watson Public’s dividend payout ratio is currently -352.00%.

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.