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Willis Towers Watson Public Limited Company $WTW Position Boosted by Stratos Wealth Partners LTD.

Willis Towers Watson Public logo with Finance background

Key Points

  • Stratos Wealth Partners LTD. increased its stake in Willis Towers Watson by 11.9% during Q2, totaling 7,778 shares valued at approximately $2.38 million.
  • Willis Towers Watson's stock has an average target price of $369.42 after several analysts raised their price targets, while the current rating is deemed a "Moderate Buy."
  • The company announced a $1.50 billion stock buyback program and a recent quarterly dividend of $0.92, reflecting confidence in its stock value.
  • MarketBeat previews the top five stocks to own by November 1st.

Stratos Wealth Partners LTD. grew its holdings in Willis Towers Watson Public Limited Company (NASDAQ:WTW - Free Report) by 11.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,778 shares of the company's stock after purchasing an additional 827 shares during the period. Stratos Wealth Partners LTD.'s holdings in Willis Towers Watson Public were worth $2,384,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the stock. Wayfinding Financial LLC acquired a new position in Willis Towers Watson Public in the 1st quarter valued at approximately $25,000. Cornerstone Planning Group LLC grew its holdings in shares of Willis Towers Watson Public by 750.0% during the 1st quarter. Cornerstone Planning Group LLC now owns 85 shares of the company's stock valued at $28,000 after acquiring an additional 75 shares in the last quarter. Crewe Advisors LLC acquired a new position in shares of Willis Towers Watson Public in the first quarter worth $32,000. Larson Financial Group LLC raised its holdings in shares of Willis Towers Watson Public by 122.9% during the first quarter. Larson Financial Group LLC now owns 107 shares of the company's stock worth $36,000 after acquiring an additional 59 shares in the last quarter. Finally, WPG Advisers LLC acquired a new stake in Willis Towers Watson Public during the first quarter valued at $43,000. 93.09% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have weighed in on WTW shares. Wolfe Research raised Willis Towers Watson Public to a "hold" rating in a research report on Monday, September 15th. Weiss Ratings restated a "hold (c)" rating on shares of Willis Towers Watson Public in a report on Wednesday, October 8th. Morgan Stanley raised their price objective on shares of Willis Towers Watson Public from $335.00 to $345.00 and gave the company an "equal weight" rating in a research report on Monday, August 18th. UBS Group boosted their target price on shares of Willis Towers Watson Public from $395.00 to $398.00 and gave the stock a "buy" rating in a research report on Wednesday, October 8th. Finally, Piper Sandler raised their price target on shares of Willis Towers Watson Public from $369.00 to $387.00 and gave the company an "overweight" rating in a report on Monday, October 6th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $369.42.

Check Out Our Latest Research Report on Willis Towers Watson Public

Willis Towers Watson Public Trading Up 0.7%

Shares of WTW stock opened at $330.15 on Monday. Willis Towers Watson Public Limited Company has a 12 month low of $287.05 and a 12 month high of $352.79. The company has a market cap of $32.21 billion, a PE ratio of 226.13, a price-to-earnings-growth ratio of 2.64 and a beta of 0.73. The company has a quick ratio of 1.90, a current ratio of 1.90 and a debt-to-equity ratio of 0.58. The business's 50 day moving average is $335.67 and its two-hundred day moving average is $318.58.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The company reported $2.86 earnings per share for the quarter, topping analysts' consensus estimates of $2.65 by $0.21. Willis Towers Watson Public had a net margin of 1.40% and a return on equity of 21.60%. The business had revenue of $2.26 billion during the quarter, compared to analysts' expectations of $2.23 billion. During the same period in the previous year, the company earned $2.55 earnings per share. Willis Towers Watson Public's revenue for the quarter was down .2% on a year-over-year basis. Equities analysts predict that Willis Towers Watson Public Limited Company will post 17.32 EPS for the current year.

Willis Towers Watson Public declared that its board has authorized a stock repurchase program on Thursday, September 18th that allows the company to buyback $1.50 billion in shares. This buyback authorization allows the company to reacquire up to 4.6% of its shares through open market purchases. Shares buyback programs are often a sign that the company's board believes its shares are undervalued.

Willis Towers Watson Public Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th were given a $0.92 dividend. This represents a $3.68 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend was Tuesday, September 30th. Willis Towers Watson Public's dividend payout ratio (DPR) is currently 252.05%.

Willis Towers Watson Public Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Willis Towers Watson Public (NASDAQ:WTW)

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