Willis Towers Watson Public Limited Company (NASDAQ:WTW) Receives $369.38 Consensus Target Price from Brokerages

Shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW) have been assigned a consensus rating of “Moderate Buy” from the seventeen analysts that are covering the company, MarketBeat.com reports. Five equities research analysts have rated the stock with a hold recommendation, eleven have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $370.5625.

A number of analysts have recently weighed in on the stock. TD Cowen raised their price target on shares of Willis Towers Watson Public from $391.00 to $455.00 and gave the company a “buy” rating in a report on Thursday, August 20th. Piper Sandler boosted their price objective on shares of Willis Towers Watson Public from $283.00 to $317.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 15th. Barclays decreased their target price on shares of Willis Towers Watson Public from $322.00 to $303.00 and set an “equal weight” rating for the company in a research report on Tuesday, July 7th. UBS Group lifted their price target on shares of Willis Towers Watson Public from $382.00 to $405.00 and gave the stock a “buy” rating in a report on Monday, August 3rd. Finally, The Goldman Sachs Group upped their price target on Willis Towers Watson Public from $316.00 to $385.00 and gave the stock a “buy” rating in a research report on Monday, August 3rd.

Institutional Investors Weigh In On Willis Towers Watson Public

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in WTW. T. Rowe Price Investment Management Inc. increased its holdings in shares of Willis Towers Watson Public by 23.4% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 3,505,195 shares of the company’s stock valued at $1,151,808,000 after acquiring an additional 664,202 shares in the last quarter. Norges Bank purchased a new stake in Willis Towers Watson Public during the 4th quarter worth approximately $511,151,000. Baupost Group LLC MA increased its stake in Willis Towers Watson Public by 24.7% during the 4th quarter. Baupost Group LLC MA now owns 1,357,601 shares of the company’s stock valued at $446,108,000 after purchasing an additional 268,536 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in Willis Towers Watson Public by 1.2% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,000,558 shares of the company’s stock valued at $290,856,000 after purchasing an additional 11,851 shares in the last quarter. Finally, Janus Henderson Group PLC raised its holdings in shares of Willis Towers Watson Public by 1.0% in the first quarter. Janus Henderson Group PLC now owns 903,762 shares of the company’s stock worth $262,723,000 after buying an additional 9,232 shares during the last quarter. 93.09% of the stock is currently owned by hedge funds and other institutional investors.

Willis Towers Watson Public Stock Performance

Willis Towers Watson Public stock opened at $309.98 on Monday. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.68 and a current ratio of 1.68. The company has a 50 day moving average price of $323.60 and a 200-day moving average price of $292.23. The company has a market capitalization of $28.79 billion, a PE ratio of 19.06, a P/E/G ratio of 0.89 and a beta of 0.41. Willis Towers Watson Public has a fifty-two week low of $240.61 and a fifty-two week high of $352.79.

Willis Towers Watson Public (NASDAQ:WTW) last issued its quarterly earnings data on Thursday, July 30th. The company reported $3.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.12 by $0.23. The company had revenue of $2.47 billion for the quarter, compared to analyst estimates of $2.42 billion. Willis Towers Watson Public had a net margin of 15.49% and a return on equity of 22.19%. Willis Towers Watson Public’s revenue was up 9.1% compared to the same quarter last year. During the same period last year, the company posted $2.86 earnings per share. As a group, equities analysts forecast that Willis Towers Watson Public will post 19.82 earnings per share for the current year.

Willis Towers Watson Public Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Wednesday, September 30th will be paid a dividend of $0.96 per share. This represents a $3.84 annualized dividend and a yield of 1.2%. The ex-dividend date is Wednesday, September 30th. Willis Towers Watson Public’s payout ratio is 23.62%.

Willis Towers Watson Public Company Profile

Willis Towers Watson Public Limited Company (NASDAQ: WTW) is a global advisory, insurance brokerage and solutions firm serving organizations, institutions and individuals. The company helps clients manage risk, optimize benefits and support workforce performance through a combination of consulting expertise, data, analytics and technology.

WTW’s businesses include risk and insurance brokerage, corporate risk management, actuarial and insurance consulting, retirement and investment consulting, and health and benefits advisory services.