Willis Towers Watson Public (NASDAQ:WTW) Stock Price Expected to Rise, Barclays Analyst Says

Willis Towers Watson Public (NASDAQ:WTW) had its price objective increased by Barclays from $278.00 to $302.00 in a research note published on Thursday morning,Benzinga reports. Barclays currently has an underweight rating on the stock.

A number of other equities analysts have also issued reports on WTW. Keefe, Bruyette & Woods raised their price target on Willis Towers Watson Public from $352.00 to $359.00 and gave the stock an “outperform” rating in a report on Tuesday, November 5th. Truist Financial raised their price target 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. Wells Fargo & Company raised their price target on Willis Towers Watson Public from $334.00 to $340.00 and gave the stock an “overweight” rating in a report on Monday, November 4th. Roth Mkm raised their price target 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. Finally, UBS Group raised Willis Towers Watson Public to a “hold” rating in a report on Wednesday, October 9th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, Willis Towers Watson Public currently has an average rating of “Hold” and an average price target of $313.87.

Willis Towers Watson Public Stock Up 0.1 %

Shares of NASDAQ WTW opened at $314.40 on Thursday. Willis Towers Watson Public has a 12-month low of $234.01 and a 12-month high of $320.77. 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 has a market cap of $31.67 billion, a P/E ratio of -43.19, a PEG ratio of 1.96 and a beta of 0.73. The business’s fifty day simple moving average is $298.57 and its 200-day simple moving average is $279.12.

Willis Towers Watson Public (NASDAQ:WTW) last posted its quarterly earnings results 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. Willis Towers Watson Public had a positive return on equity of 18.57% and a negative net margin of 7.36%. The company had revenue of $2.29 billion for the quarter, compared to analysts’ expectations of $2.28 billion. During the same period last year, the firm earned $2.24 earnings per share. Willis Towers Watson Public’s quarterly revenue was up 5.7% on a year-over-year basis. As a group, equities analysts predict that Willis Towers Watson Public will post 16.7 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Mizuho Securities USA LLC grew its stake in Willis Towers Watson Public by 95,880.2% during the third quarter. Mizuho Securities USA LLC now owns 7,569,000 shares of the company’s stock worth $2,229,298,000 after buying an additional 7,561,114 shares during the period. Geode Capital Management LLC raised its position in Willis Towers Watson Public by 0.8% in the third quarter. Geode Capital Management LLC now owns 2,629,439 shares of the company’s stock valued at $772,027,000 after purchasing an additional 19,623 shares during the period. FMR LLC grew its stake in shares of Willis Towers Watson Public by 2.0% during the third quarter. FMR LLC now owns 2,416,455 shares of the company’s stock valued at $711,718,000 after acquiring an additional 48,384 shares in the last quarter. Victory Capital Management Inc. grew its stake in shares of Willis Towers Watson Public by 0.5% during the third quarter. Victory Capital Management Inc. now owns 2,002,167 shares of the company’s stock valued at $589,698,000 after acquiring an additional 10,856 shares in the last quarter. Finally, Baupost Group LLC MA grew its stake in shares of Willis Towers Watson Public by 7.8% during the third quarter. Baupost Group LLC MA now owns 1,781,206 shares of the company’s stock valued at $524,619,000 after acquiring an additional 128,558 shares in the last quarter. 93.09% of the stock is currently owned by institutional investors and hedge funds.

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.