Willis Towers Watson Public (NASDAQ:WTW) PT Raised to $303.00

Willis Towers Watson Public (NASDAQ:WTW) had its price objective hoisted by Piper Sandler from $297.00 to $303.00 in a research report released on Friday morning, Benzinga reports. Piper Sandler currently has an overweight rating on the stock.

Several other research analysts have also issued reports on the company. Truist Financial increased their target price on Willis Towers Watson Public from $275.00 to $310.00 and gave the stock a buy rating in a research report on Wednesday, February 7th. Raymond James reissued an outperform rating and issued a $315.00 target price (up previously from $295.00) on shares of Willis Towers Watson Public in a research report on Thursday, March 28th. Citigroup raised Willis Towers Watson Public from a neutral rating to a buy rating and increased their target price for the stock from $236.00 to $315.00 in a research report on Monday, February 12th. Morgan Stanley increased their target price on Willis Towers Watson Public from $248.00 to $270.00 and gave the stock an equal weight rating in a research report on Wednesday, February 7th. Finally, Stifel Nicolaus increased their target price on Willis Towers Watson Public from $236.00 to $268.00 and gave the stock a hold rating in a research report on Wednesday, February 7th. Six research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of Moderate Buy and an average target price of $293.43.

Willis Towers Watson Public Trading Down 2.3 %

NASDAQ WTW opened at $250.95 on Friday. Willis Towers Watson Public has a fifty-two week low of $195.29 and a fifty-two week high of $278.86. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.45 and a current ratio of 1.89. The stock has a 50 day simple moving average of $269.96 and a two-hundred day simple moving average of $251.68. The stock has a market cap of $25.66 billion, a P/E ratio of 25.17, a price-to-earnings-growth ratio of 1.42 and a beta of 0.73.

Willis Towers Watson Public (NASDAQ:WTW) last released its quarterly earnings data on Thursday, April 25th. The company reported $3.29 earnings per share for the quarter, topping the consensus estimate 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 business had revenue of $2.34 billion during the quarter, compared to analysts’ expectations of $2.37 billion. During the same quarter last year, the business posted $2.84 EPS. The business’s revenue was up 4.3% on a year-over-year basis. On average, analysts forecast that Willis Towers Watson Public will post 16.27 earnings per share for the current year.

Willis Towers Watson Public Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Sunday, March 31st were given a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a yield of 1.40%. The ex-dividend date of this dividend was Wednesday, March 27th. This is a positive change from Willis Towers Watson Public’s previous quarterly dividend of $0.84. Willis Towers Watson Public’s dividend payout ratio (DPR) is 35.31%.

Insiders Place Their Bets

In other Willis Towers Watson Public news, CFO Andrew Jay Krasner sold 1,100 shares of Willis Towers Watson Public stock in a transaction on Friday, March 1st. The stock was sold at an average price of $272.13, for a total value of $299,343.00. Following the completion of the sale, the chief financial officer now owns 4,170 shares of the company’s stock, valued at approximately $1,134,782.10. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.22% of the company’s stock.

Institutional Trading of Willis Towers Watson Public

Institutional investors and hedge funds have recently modified their holdings of the business. Loomis Sayles & Co. L P bought a new stake in shares of Willis Towers Watson Public in the 3rd quarter worth $28,000. Exchange Traded Concepts LLC bought a new stake in shares of Willis Towers Watson Public in the 4th quarter worth $29,000. Hexagon Capital Partners LLC increased its holdings 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 worth $31,000 after purchasing an additional 81 shares in the last quarter. HHM Wealth Advisors LLC purchased a new position in shares of Willis Towers Watson Public in the 4th quarter worth $34,000. Finally, Massmutual Trust Co. FSB ADV boosted 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 worth $48,000 after buying 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.