Q3 2024 EPS Estimates for Willis Towers Watson Public Limited Raised by William Blair (NASDAQ:WTW)

Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) - Analysts at William Blair raised their Q3 2024 earnings estimates for Willis Towers Watson Public in a report released on Thursday, April 25th. William Blair analyst A. Klauber now anticipates that the company will earn $2.75 per share for the quarter, up from their prior forecast of $2.74. The consensus estimate for Willis Towers Watson Public's current full-year earnings is $16.27 per share. William Blair also issued estimates for Willis Towers Watson Public's Q1 2025 earnings at $3.78 EPS, Q3 2025 earnings at $3.10 EPS, Q4 2025 earnings at $8.85 EPS and FY2025 earnings at $18.41 EPS.

Other equities analysts also recently issued reports about the stock. Piper Sandler increased their price objective on shares of Willis Towers Watson Public from $297.00 to $303.00 and gave the company an "overweight" rating in a report on Friday. Morgan Stanley increased their target price on shares of Willis Towers Watson Public from $248.00 to $270.00 and gave the company an "equal weight" rating in a research report on Wednesday, February 7th. TD Cowen began coverage on shares of Willis Towers Watson Public in a research report on Wednesday, January 10th. They issued an "outperform" rating and a $316.00 target price for the company. Raymond James reiterated an "outperform" rating and issued a $315.00 target price (up from $295.00) on shares of Willis Towers Watson Public in a research report on Thursday, March 28th. Finally, Roth Mkm increased their target price on shares of Willis Towers Watson Public from $275.00 to $300.00 and gave the company a "buy" rating in a research report on Wednesday, February 7th. Six analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $293.21.

Willis Towers Watson Public Stock Performance

NASDAQ WTW traded up $1.48 during mid-day trading on Monday, reaching $252.43. 469,370 shares of the stock were exchanged, compared to its average volume of 468,678. The business's 50 day moving average is $269.96 and its 200-day moving average is $251.68. Willis Towers Watson Public has a 1 year low of $195.29 and a 1 year high of $278.86. The company has a market capitalization of $25.81 billion, a P/E ratio of 25.32, a P/E/G ratio of 1.44 and a beta of 0.74. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.89 and a current ratio of 1.89.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last announced its quarterly earnings results on Thursday, April 25th. The company reported $3.29 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.21 by $0.08. Willis Towers Watson Public had a net margin of 10.88% and a return on equity of 16.31%. The firm had revenue of $2.34 billion for the quarter, compared to the consensus estimate of $2.37 billion. During the same period in the prior year, the firm posted $2.84 earnings per share. The firm's quarterly revenue was up 4.3% compared to the same quarter last year.

Institutional Investors Weigh In On Willis Towers Watson Public

A number of hedge funds and other institutional investors have recently modified their holdings of WTW. Loomis Sayles & Co. L P acquired a new stake in Willis Towers Watson Public during the 3rd quarter worth $28,000. Exchange Traded Concepts LLC acquired a new position in Willis Towers Watson Public in the fourth quarter valued at $29,000. Hexagon Capital Partners LLC increased its stake in Willis Towers Watson Public by 168.8% in the fourth quarter. Hexagon Capital Partners LLC now owns 129 shares of the company's stock valued at $31,000 after purchasing an additional 81 shares during the period. HHM Wealth Advisors LLC acquired a new position in Willis Towers Watson Public in the fourth quarter valued at $34,000. Finally, Massmutual Trust Co. FSB ADV increased its stake in Willis Towers Watson Public by 112.8% in the fourth quarter. Massmutual Trust Co. FSB ADV now owns 200 shares of the company's stock valued at $48,000 after purchasing an additional 106 shares during the period. 93.09% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Willis Towers Watson Public

In other Willis Towers Watson Public news, CFO Andrew Jay Krasner sold 1,100 shares of the firm's stock in a transaction that occurred on Friday, March 1st. The shares were sold at an average price of $272.13, for a total value of $299,343.00. Following the completion of the transaction, the chief financial officer now owns 4,170 shares of the company's stock, valued at approximately $1,134,782.10. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.22% of the stock is currently owned by corporate insiders.

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. The ex-dividend date was Wednesday, March 27th. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.39%. This is a boost from Willis Towers Watson Public's previous quarterly dividend of $0.84. Willis Towers Watson Public's dividend payout ratio (DPR) is presently 35.31%.

About Willis Towers Watson Public

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.