Federated Hermes Inc. Has $25.11 Million Stock Position in Willis Towers Watson Public Limited Company $WTW

Federated Hermes Inc. lessened its stake in Willis Towers Watson Public Limited Company (NASDAQ:WTW) by 30.4% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 72,690 shares of the company’s stock after selling 31,680 shares during the quarter. Federated Hermes Inc. owned about 0.07% of Willis Towers Watson Public worth $25,111,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of WTW. Vanguard Personalized Indexing Management LLC increased its holdings in Willis Towers Watson Public by 16.7% in the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 12,928 shares of the company’s stock valued at $4,467,000 after buying an additional 1,852 shares during the period. Callahan Advisors LLC boosted its position in shares of Willis Towers Watson Public by 2.4% during the 3rd quarter. Callahan Advisors LLC now owns 17,690 shares of the company’s stock worth $6,111,000 after acquiring an additional 410 shares in the last quarter. CIBC Asset Management Inc increased its stake in Willis Towers Watson Public by 1.6% in the third quarter. CIBC Asset Management Inc now owns 41,072 shares of the company’s stock valued at $14,188,000 after acquiring an additional 634 shares during the last quarter. Birch Financial Group LLC acquired a new position in Willis Towers Watson Public during the third quarter valued at approximately $289,000. Finally, Drive Wealth Management LLC bought a new stake in Willis Towers Watson Public during the third quarter worth $218,000. Institutional investors own 93.09% of the company’s stock.

Wall Street Analysts Forecast Growth

WTW has been the subject of a number of research analyst reports. Barclays boosted their price target on Willis Towers Watson Public from $303.00 to $318.00 and gave the stock an “underweight” rating in a report on Thursday, January 8th. Piper Sandler decreased their target price on Willis Towers Watson Public from $387.00 to $356.00 and set an “overweight” rating on the stock in a research report on Friday, October 31st. TD Cowen decreased their price target on shares of Willis Towers Watson Public from $408.00 to $391.00 and set a “buy” rating on the stock in a report on Monday, November 10th. Wall Street Zen downgraded shares of Willis Towers Watson Public from a “hold” rating to a “sell” rating in a research note on Friday, November 28th. Finally, Keefe, Bruyette & Woods boosted their target price on shares of Willis Towers Watson Public from $375.00 to $388.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 6th. Two investment analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $369.08.

Willis Towers Watson Public Trading Up 0.4%

Shares of NASDAQ WTW opened at $317.47 on Friday. The firm has a 50 day moving average price of $325.72 and a two-hundred day moving average price of $326.81. The stock has a market cap of $30.40 billion, a P/E ratio of 15.11, a price-to-earnings-growth ratio of 1.52 and a beta of 0.63. Willis Towers Watson Public Limited Company has a 52-week low of $292.97 and a 52-week high of $352.79. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.69 and a current ratio of 1.69.

Willis Towers Watson Public (NASDAQ:WTW) last issued its quarterly earnings results on Thursday, October 30th. The company reported $3.07 EPS for the quarter, topping analysts’ consensus estimates of $3.05 by $0.02. The company had revenue of $2.29 billion for the quarter, compared to analyst estimates of $2.28 billion. Willis Towers Watson Public had a net margin of 21.58% and a return on equity of 21.46%. Willis Towers Watson Public’s revenue was up .0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.93 earnings per share. As a group, equities analysts forecast that Willis Towers Watson Public Limited Company will post 17.32 EPS for the current year.

Willis Towers Watson Public Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st were given a $0.92 dividend. This represents a $3.68 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date was Wednesday, December 31st. Willis Towers Watson Public’s payout ratio is 17.52%.

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.