Willis Towers Watson Public Limited Company (NASDAQ:WTW) Stock Has Average Target Price of $369.94

Key Points

• Analysts have a “Moderate Buy” consensus on Willis Towers Watson, with 12 buys, six holds and one strong buy among 19 analysts. The average 12-month price target is $369.94, above the reported share price of $325.51.
• WTW exceeded quarterly expectations, reporting $3.63 in EPS versus the $3.59 consensus and $2.46 billion in revenue versus $2.45 billion expected. Revenue increased 7.5% year over year.
• The company pays a quarterly dividend of $0.96, equivalent to $3.84 annually and a 1.2% yield. Institutional investors own approximately 93.09% of outstanding shares.

Shares of Willis Towers Watson Public Limited Company (NASDAQ:WTW - Get Free Report) have been assigned an average rating of "Moderate Buy" from the nineteen research firms that are covering the stock, MarketBeat Ratings reports. Six analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $369.94.

WTW has been the topic of a number of recent analyst reports. Truist Financial boosted their target price on shares of Willis Towers Watson Public from $320.00 to $400.00 and gave the stock a "buy" rating in a report on Friday, July 31st. Robert W. Baird dropped their price target on shares of Willis Towers Watson Public from $385.00 to $383.00 in a research report on Friday. Citigroup cut shares of Willis Towers Watson Public from a "buy" rating to a "neutral" rating and increased their price target for the company from $300.00 to $345.00 in a research note on Monday, August 3rd. Weiss Ratings raised shares of Willis Towers Watson Public from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Wednesday, October 21st. Finally, Barclays boosted their price objective on shares of Willis Towers Watson Public from $303.00 to $332.00 and gave the stock an "equal weight" rating in a research note on Wednesday, October 7th.

Willis Towers Watson Public Stock Up 0.3%

NASDAQ:WTW opened at $325.51 on Tuesday. The firm has a market capitalization of $30.23 billion, a price-to-earnings ratio of 19.86, a price-to-earnings-growth ratio of 0.93 and a beta of 0.46. Willis Towers Watson Public has a twelve month low of $240.61 and a twelve month high of $351.51. The stock's 50 day moving average price is $314.67 and its two-hundred day moving average price is $297.34. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 0.74.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last announced its quarterly earnings data on Thursday, October 29th. The company reported $3.63 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.59 by $0.04. The company had revenue of $2.46 billion for the quarter, compared to analysts' expectations of $2.45 billion. Willis Towers Watson Public had a return on equity of 22.19% and a net margin of 15.49%. The business's revenue was up 7.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $3.07 EPS. Equities research analysts expect that Willis Towers Watson Public will post 19.78 earnings per share for the current fiscal year.

Willis Towers Watson Public Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Wednesday, September 30th were paid a $0.96 dividend. This represents a $3.84 annualized dividend and a yield of 1.2%. The ex-dividend date was Wednesday, September 30th. Willis Towers Watson Public's dividend payout ratio (DPR) is 23.43%.

Hedge Funds Weigh In On Willis Towers Watson Public

A number of hedge funds and other institutional investors have recently bought and sold shares of WTW. National Pension Service increased its stake in Willis Towers Watson Public by 15.4% during the 2nd quarter. National Pension Service now owns 170,881 shares of the company's stock worth $44,663,000 after acquiring an additional 22,767 shares during the period. Tidal Investments LLC raised its holdings in Willis Towers Watson Public by 196.6% in the 2nd quarter. Tidal Investments LLC now owns 37,826 shares of the company's stock valued at $9,887,000 after acquiring an additional 25,071 shares in the last quarter. Renaissance Technologies LLC bought a new stake in shares of Willis Towers Watson Public during the 1st quarter valued at $30,058,000. Polianta Ltd bought a new stake in shares of Willis Towers Watson Public during the 2nd quarter valued at $1,698,000. Finally, Public Employees Retirement System of Ohio bought a new stake in shares of Willis Towers Watson Public during the 2nd quarter valued at $7,030,000. Institutional investors own 93.09% of the company's stock.

About Willis Towers Watson Public

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.

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