Chesley Taft & Associates LLC Decreases Stock Holdings in Willis Towers Watson Public Limited (NASDAQ:WTW)

Chesley Taft & Associates LLC lowered its holdings in Willis Towers Watson Public Limited (NASDAQ:WTW) by 2.1% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 33,622 shares of the company’s stock after selling 721 shares during the quarter. Chesley Taft & Associates LLC’s holdings in Willis Towers Watson Public were worth $9,903,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Victory Capital Management Inc. raised its stake in Willis Towers Watson Public by 5.2% during the 2nd quarter. Victory Capital Management Inc. now owns 1,991,311 shares of the company’s stock valued at $522,002,000 after buying an additional 98,922 shares during the last quarter. Bank of New York Mellon Corp raised its holdings in Willis Towers Watson Public by 17.8% during the second quarter. Bank of New York Mellon Corp now owns 1,728,554 shares of the company’s stock valued at $453,123,000 after acquiring an additional 261,562 shares during the period. Baupost Group LLC MA raised its holdings in Willis Towers Watson Public by 6.2% during the second quarter. Baupost Group LLC MA now owns 1,652,648 shares of the company’s stock valued at $433,225,000 after acquiring an additional 96,981 shares during the period. Barrow Hanley Mewhinney & Strauss LLC lifted its position in shares of Willis Towers Watson Public by 3.6% in the second quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,122,475 shares of the company’s stock valued at $294,246,000 after acquiring an additional 39,288 shares in the last quarter. Finally, American Century Companies Inc. boosted its stake in shares of Willis Towers Watson Public by 22.5% in the second quarter. American Century Companies Inc. now owns 1,006,728 shares of the company’s stock worth $263,904,000 after acquiring an additional 185,126 shares during the period. Institutional investors own 93.09% of the company’s stock.

Willis Towers Watson Public Trading Down 0.9 %

Shares of NASDAQ WTW opened at $287.99 on Tuesday. Willis Towers Watson Public Limited has a fifty-two week low of $203.36 and a fifty-two week high of $303.42. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.94 and a current ratio of 1.94. The company has a market cap of $29.25 billion, a price-to-earnings ratio of 28.89, a PEG ratio of 1.84 and a beta of 0.74. The business’s 50 day moving average price is $286.89 and its 200-day moving average price is $269.92.

Willis Towers Watson Public (NASDAQ:WTW) last released its earnings results on Thursday, July 25th. The company reported $2.55 earnings per share for the quarter, topping the consensus estimate of $2.28 by $0.27. The business had revenue of $2.27 billion during the quarter, compared to the consensus estimate of $2.27 billion. Willis Towers Watson Public had a return on equity of 16.97% and a net margin of 11.24%. The business’s revenue for the quarter was up 4.9% compared to the same quarter last year. During the same period last year, the company earned $2.05 earnings per share. On average, sell-side analysts expect that Willis Towers Watson Public Limited will post 16.51 earnings per share for the current year.

Willis Towers Watson Public Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th will be paid a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a dividend yield of 1.22%. The ex-dividend date of this dividend is Monday, September 30th. Willis Towers Watson Public’s dividend payout ratio is presently 35.31%.

Analysts Set New Price Targets

WTW has been the subject of several research analyst reports. Barclays assumed coverage on shares of Willis Towers Watson Public in a research note on Wednesday, September 4th. They set an “underweight” rating and a $278.00 target price for the company. Wells Fargo & Company boosted their target price on Willis Towers Watson Public from $321.00 to $334.00 and gave the stock an “overweight” rating in a research report on Thursday, October 3rd. Roth Mkm raised their price target on Willis Towers Watson Public from $315.00 to $345.00 and gave the company a “buy” rating in a report on Wednesday, October 2nd. Morgan Stanley decreased their price objective on Willis Towers Watson Public from $275.00 to $272.00 and set an “equal weight” rating on the stock in a report on Wednesday, July 10th. Finally, Truist Financial raised their target price on shares of Willis Towers Watson Public from $335.00 to $365.00 and gave the company a “buy” rating in a report on Wednesday, October 2nd. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and eight have given a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $309.14.

Willis Towers Watson Public 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.