Willis Towers Watson Public Limited (NASDAQ:WTW) Given Average Recommendation of “Hold” by Brokerages

Shares of Willis Towers Watson Public Limited (NASDAQ:WTW) have received a consensus recommendation of “Hold” from the sixteen research firms that are currently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, seven have assigned a hold recommendation and eight have assigned a buy recommendation to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $309.47.

Several equities research analysts have recently commented on WTW shares. Roth Mkm lifted their target price on Willis Towers Watson Public from $315.00 to $345.00 and gave the company a “buy” rating in a research note on Wednesday, October 2nd. UBS Group raised Willis Towers Watson Public to a “hold” rating in a report on Wednesday, October 9th. Barclays started coverage on shares of Willis Towers Watson Public in a research note on Wednesday, September 4th. They issued an “underweight” rating and a $278.00 target price on the stock. Morgan Stanley dropped their price target on shares of Willis Towers Watson Public from $275.00 to $272.00 and set an “equal weight” rating for the company in a research note on Wednesday, July 10th. Finally, Truist Financial raised their price objective on shares of Willis Towers Watson Public from $335.00 to $365.00 and gave the company a “buy” rating in a research note on Wednesday, October 2nd.

Willis Towers Watson Public Stock Down 0.1 %

Shares of NASDAQ:WTW opened at $290.03 on Monday. The company has a quick ratio of 1.94, a current ratio of 1.94 and a debt-to-equity ratio of 0.56. The firm has a market cap of $29.46 billion, a P/E ratio of 27.75, a P/E/G ratio of 1.84 and a beta of 0.74. Willis Towers Watson Public has a 12 month low of $203.36 and a 12 month high of $303.42. The company’s 50-day moving average price is $287.81 and its two-hundred day moving average price is $270.54.

Willis Towers Watson Public (NASDAQ:WTW) last released its quarterly earnings results on Thursday, July 25th. The company reported $2.55 EPS for the quarter, beating the consensus estimate of $2.28 by $0.27. Willis Towers Watson Public had a net margin of 11.24% and a return on equity of 16.97%. The business had revenue of $2.27 billion for the quarter, compared to analysts’ expectations of $2.27 billion. During the same period in the prior year, the firm earned $2.05 earnings per share. Willis Towers Watson Public’s revenue was up 4.9% compared to the same quarter last year. As a group, research analysts forecast that Willis Towers Watson Public will post 16.49 EPS for the current fiscal year.

Willis Towers Watson Public Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th will be paid a $0.88 dividend. The ex-dividend date of this dividend is Monday, September 30th. This represents a $3.52 dividend on an annualized basis and a yield of 1.21%. Willis Towers Watson Public’s payout ratio is 33.68%.

Institutional Investors Weigh In On Willis Towers Watson Public

A number of hedge funds have recently modified their holdings of WTW. Graypoint LLC increased its stake in Willis Towers Watson Public by 4.7% during the 2nd quarter. Graypoint LLC now owns 820 shares of the company’s stock worth $215,000 after purchasing an additional 37 shares in the last quarter. Creative Planning increased its position in shares of Willis Towers Watson Public by 0.3% during the second quarter. Creative Planning now owns 13,147 shares of the company’s stock worth $3,446,000 after acquiring an additional 43 shares in the last quarter. Sequoia Financial Advisors LLC raised its holdings in shares of Willis Towers Watson Public by 4.1% during the second quarter. Sequoia Financial Advisors LLC now owns 1,189 shares of the company’s stock worth $312,000 after acquiring an additional 47 shares during the period. Envestnet Portfolio Solutions Inc. lifted its position in Willis Towers Watson Public by 3.0% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 1,692 shares of the company’s stock valued at $444,000 after acquiring an additional 50 shares in the last quarter. Finally, HB Wealth Management LLC boosted its stake in Willis Towers Watson Public by 6.0% in the 1st quarter. HB Wealth Management LLC now owns 1,008 shares of the company’s stock worth $277,000 after purchasing an additional 57 shares during the period. Institutional investors and hedge funds 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.