Willis Towers Watson Public (NASDAQ:WTW) Announces Quarterly Earnings Results

Willis Towers Watson Public (NASDAQ:WTW) released its quarterly earnings results on Thursday. The company reported $3.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.59 by $0.04, FiscalAI reports. Willis Towers Watson Public had a net margin of 15.49% and a return on equity of 22.19%. The business had revenue of $2.46 billion for the quarter, compared to analyst estimates of $2.45 billion. During the same period in the previous year, the company earned $3.07 earnings per share. The business’s revenue for the quarter was up 7.5% on a year-over-year basis.

Here are the key takeaways from Willis Towers Watson Public’s conference call:

• Strong third-quarter results: WTW reported 4% organic revenue growth, 150 basis points of adjusted operating-margin expansion to 21.9%, and 18% adjusted EPS growth to $3.63, supported by operating leverage and expense discipline.
• AI and technology initiatives are gaining traction. WTW cited new AI-enabled client wins and expects Propel to generate approximately $350 million in net annualized savings and support an adjusted operating margin of about 30% by 2028, though most benefits are expected to ramp from 2027 onward.
• WTW lowered its Health, Wealth & Career outlook to low- to mid-single-digit growth, primarily because large Benefits Delivery & Outsourcing implementations were delayed into 2027 and Career faces Middle East-related pressure. ICT’s full-year growth outlook was also reduced to low single digits as clients defer discretionary consulting projects.
• Risk & Broking grew 5% organically despite continued commercial insurance rate softening, with strength in North America and specialty lines; management expects fourth-quarter acceleration and maintained its full-year mid-single-digit growth and approximately 100-basis-point margin-expansion targets.
• Free cash flow reached $1.064 billion through nine months, up $226 million year over year, while share repurchases totaled $970 million year to date; WTW now expects full-year buybacks to exceed $1 billion, subject to investment opportunities and market conditions.

Willis Towers Watson Public Trading Down 0.7%

WTW traded down $2.13 during midday trading on Thursday, hitting $319.50. The company’s stock had a trading volume of 587,648 shares, compared to its average volume of 674,761. The firm has a market cap of $29.67 billion, a P/E ratio of 19.63, a PEG ratio of 0.94 and a beta of 0.46. Willis Towers Watson Public has a 52-week low of $240.61 and a 52-week high of $351.51. The company has a current ratio of 1.68, a quick ratio of 1.68 and a debt-to-equity ratio of 0.74. The firm has a 50-day moving average price of $315.63 and a two-hundred day moving average price of $297.43.

Willis Towers Watson Public Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th were given a $0.96 dividend. This represents a $3.84 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend was Wednesday, September 30th. Willis Towers Watson Public’s payout ratio is currently 23.62%.

Trending Headlines about Willis Towers Watson Public

Here are the key news stories impacting Willis Towers Watson Public this week:

• Positive Sentiment: Earnings and profitability beat estimates. WTW reported third-quarter EPS of $3.63, above the roughly $3.59–$3.60 consensus and up from $3.07 a year earlier. Revenue increased 7.5% year over year to $2.46 billion, while expanding margins and strong cash flow supported management’s 2026 outlook and planned AI-driven cost savings. WTW Q3 Earnings Beat Estimates on Margin Gains, Revenues Miss
• Positive Sentiment: Analyst price-target support improved. Evercore ISI raised its price target for WTW to $390 from $374, indicating continued confidence in the company’s earnings outlook and long-term growth potential. Evercore ISI Adjusts Price Target on Willis Towers Watson Public
• Positive Sentiment: WTW launched Via Retirement to expand its wealth business, targeting demand for retirement-income planning and potentially increasing advisory and annuity-related revenue. WTW Launches Via Retirement to Drive Wealth Business Growth
• Neutral Sentiment: WTW’s healthcare survey found U.S. employer healthcare costs are expected to rise at their fastest pace in more than two decades, with pharmacy costs up 11.5%. The trend could increase demand for WTW’s consulting services, although it may also pressure employer clients and benefits budgets. WTW 2026 Best Practices in Healthcare Survey
• Negative Sentiment: Revenue and growth quality remain investor concerns. Although reported revenue slightly exceeded the formal consensus, coverage characterized the top-line performance as a miss against some expectations, with organic growth failing to provide a stronger upside surprise. That mixed outlook likely contributed to the negative share-price reaction despite the EPS beat.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the stock. Citigroup cut shares of Willis Towers Watson Public from a “buy” rating to a “neutral” rating and raised their price objective for the stock from $300.00 to $345.00 in a research note on Monday, August 3rd. Keefe, Bruyette & Woods upped their price target on shares of Willis Towers Watson Public from $381.00 to $394.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 4th. Mizuho decreased their target price on Willis Towers Watson Public from $380.00 to $349.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 7th. Weiss Ratings raised Willis Towers Watson Public from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, October 21st. Finally, Wells Fargo & Company dropped their target price on shares of Willis Towers Watson Public from $378.00 to $364.00 and set an “overweight” rating for the company in a report on Monday, October 12th. Eleven research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $364.40.

Willis Towers Watson Public Company Profile

Willis Towers Watson Public Limited Company (NASDAQ: WTW) is a global advisory, broking and solutions company that helps organizations manage risk, optimize benefits and improve performance. Its clients include corporations, governments, institutions and individuals across a range of industries and markets.

The company’s services include insurance brokerage and risk management, reinsurance, employee benefits consulting, retirement and investment advisory, and human capital and organizational consulting.