Willis Towers Watson Public (NASDAQ:WTW) PT Raised to $295.00 at Evercore ISI

Willis Towers Watson Public (NASDAQ:WTW) had its price objective boosted by research analysts at Evercore ISI from $290.00 to $295.00 in a research note issued to investors on Friday, Benzinga reports. The brokerage presently has an “in-line” rating on the stock. Evercore ISI’s target price suggests a potential upside of 17.55% from the stock’s current price.

A number of other research analysts have also weighed in on WTW. Roth Mkm raised their target price on Willis Towers Watson Public from $275.00 to $300.00 and gave the company a “buy” rating in a report on Wednesday, February 7th. Morgan Stanley lifted their price target on Willis Towers Watson Public from $248.00 to $270.00 and gave the stock an “equal weight” rating in a report on Wednesday, February 7th. Stifel Nicolaus lifted their price target on Willis Towers Watson Public from $236.00 to $268.00 and gave the stock a “hold” rating in a report on Wednesday, February 7th. Wells Fargo & Company dropped their price target on Willis Towers Watson Public from $320.00 to $318.00 and set an “overweight” rating on the stock in a report on Thursday, April 11th. Finally, Truist Financial lifted their price target on Willis Towers Watson Public from $275.00 to $310.00 and gave the stock a “buy” rating in a report on Wednesday, February 7th. Six investment analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat.com, Willis Towers Watson Public currently has a consensus rating of “Moderate Buy” and an average price target of $293.43.

Willis Towers Watson Public Trading Down 2.3 %

Shares of Willis Towers Watson Public stock opened at $250.95 on Friday. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.45 and a current ratio of 1.89. Willis Towers Watson Public has a 52 week low of $195.29 and a 52 week high of $278.86. The stock has a 50 day moving average price of $269.96 and a two-hundred day moving average price of $251.39. The stock has a market capitalization of $25.66 billion, a PE ratio of 25.17, a price-to-earnings-growth ratio of 1.46 and a beta of 0.73.

Willis Towers Watson Public (NASDAQ:WTW) last posted its earnings results on Thursday, April 25th. The company reported $3.29 earnings per share for the quarter, beating analysts’ consensus estimates of $3.21 by $0.08. Willis Towers Watson Public had a return on equity of 16.31% and a net margin of 10.88%. The company had revenue of $2.34 billion for the quarter, compared to analyst estimates of $2.37 billion. During the same quarter last year, the company earned $2.84 earnings per share. The company’s revenue for the quarter was up 4.3% on a year-over-year basis. As a group, equities analysts anticipate that Willis Towers Watson Public will post 16.25 earnings per share for the current fiscal year.

Insider Activity

In related news, CFO Andrew Jay Krasner sold 1,100 shares of the business’s stock in a transaction dated Friday, March 1st. The stock was sold at an average price of $272.13, for a total transaction of $299,343.00. Following the completion of the transaction, the chief financial officer now directly owns 4,170 shares in the company, valued at $1,134,782.10. The transaction was disclosed in a document filed with the SEC, which is available through this link. 0.22% of the stock is owned by company insiders.

Institutional Investors Weigh In On Willis Towers Watson Public

Hedge funds have recently added to or reduced their stakes in the company. Loomis Sayles & Co. L P bought a new stake in shares of Willis Towers Watson Public in the 3rd quarter valued at about $28,000. Exchange Traded Concepts LLC bought a new stake in shares of Willis Towers Watson Public in the 4th quarter valued at about $29,000. Hexagon Capital Partners LLC lifted its stake in shares of Willis Towers Watson Public by 168.8% in the 4th quarter. Hexagon Capital Partners LLC now owns 129 shares of the company’s stock valued at $31,000 after acquiring an additional 81 shares during the last quarter. HHM Wealth Advisors LLC bought a new stake in shares of Willis Towers Watson Public in the 4th quarter valued at about $34,000. Finally, Massmutual Trust Co. FSB ADV lifted its stake in shares of Willis Towers Watson Public by 112.8% in the 4th quarter. Massmutual Trust Co. FSB ADV now owns 200 shares of the company’s stock valued at $48,000 after acquiring an additional 106 shares during the last quarter. Institutional investors 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.