Willis Towers Watson Public Limited (NASDAQ:WTW) Receives $312.27 Consensus Target Price from Analysts

Willis Towers Watson Public Limited (NASDAQ:WTW) has been assigned a consensus rating of “Hold” from the sixteen brokerages that are presently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, seven have given a hold recommendation and eight have assigned a buy recommendation to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $312.27.

A number of research firms have weighed in on WTW. Wells Fargo & Company lifted their price objective on Willis Towers Watson Public from $334.00 to $340.00 and gave the company an “overweight” rating in a report on Monday, November 4th. Keefe, Bruyette & Woods lifted their price objective on Willis Towers Watson Public from $352.00 to $359.00 and gave the company an “outperform” rating in a report on Tuesday, November 5th. Roth Mkm boosted their target price on Willis Towers Watson Public from $315.00 to $345.00 and gave the stock a “buy” rating in a report on Wednesday, October 2nd. Truist Financial boosted their target price on Willis Towers Watson Public from $335.00 to $365.00 and gave the stock a “buy” rating in a report on Wednesday, October 2nd. Finally, UBS Group raised Willis Towers Watson Public to a “hold” rating in a report on Wednesday, October 9th.

Willis Towers Watson Public Stock Up 0.7 %

NASDAQ WTW opened at $317.41 on Friday. The company has a current ratio of 1.72, a quick ratio of 1.72 and a debt-to-equity ratio of 0.70. The stock’s 50 day moving average is $294.68 and its two-hundred day moving average is $275.46. The company has a market capitalization of $31.97 billion, a price-to-earnings ratio of -43.29, a PEG ratio of 1.98 and a beta of 0.73. Willis Towers Watson Public has a 1-year low of $234.01 and a 1-year high of $320.77.

Willis Towers Watson Public (NASDAQ:WTW) last released its quarterly earnings data on Thursday, October 31st. The company reported $2.93 earnings per share for the quarter, beating analysts’ consensus estimates of $2.68 by $0.25. The company had revenue of $2.29 billion for the quarter, compared to the consensus estimate of $2.28 billion. Willis Towers Watson Public had a positive return on equity of 18.57% and a negative net margin of 7.36%. The company’s quarterly revenue was up 5.7% on a year-over-year basis. During the same period in the previous year, the business earned $2.24 earnings per share. Equities analysts forecast that Willis Towers Watson Public will post 16.64 earnings per share for the current fiscal year.

Willis Towers Watson Public Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were issued a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a yield of 1.11%. The ex-dividend date of this dividend was Monday, September 30th. Willis Towers Watson Public’s dividend payout ratio is -48.35%.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. State Board of Administration of Florida Retirement System raised its position in shares of Willis Towers Watson Public by 6.8% during the 1st quarter. State Board of Administration of Florida Retirement System now owns 116,615 shares of the company’s stock valued at $32,069,000 after acquiring an additional 7,404 shares during the last quarter. M&G Plc bought a new stake in shares of Willis Towers Watson Public during the 1st quarter valued at $12,318,000. Acadian Asset Management LLC raised its position in shares of Willis Towers Watson Public by 520.3% during the 1st quarter. Acadian Asset Management LLC now owns 417,427 shares of the company’s stock valued at $114,765,000 after acquiring an additional 350,135 shares during the last quarter. Swedbank AB bought a new stake in shares of Willis Towers Watson Public during the 1st quarter valued at $4,512,000. Finally, CANADA LIFE ASSURANCE Co raised its position in shares of Willis Towers Watson Public by 2.7% during the 1st quarter. CANADA LIFE ASSURANCE Co now owns 115,262 shares of the company’s stock valued at $31,706,000 after acquiring an additional 3,021 shares during the last quarter. Institutional investors and hedge funds 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.