Keefe, Bruyette & Woods Trims Willis Towers Watson Public (NASDAQ:WTW) Target Price to $311.00

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) had its price objective reduced by equities researchers at Keefe, Bruyette & Woods from $317.00 to $311.00 in a research report issued on Monday, Benzinga reports. The brokerage currently has an "outperform" rating on the stock. Keefe, Bruyette & Woods' price target points to a potential upside of 22.89% from the company's current price.

Several other research firms also recently issued reports on WTW. Truist Financial lifted their price target on shares of Willis Towers Watson Public from $275.00 to $310.00 and gave the company a "buy" rating in a research report on Wednesday, February 7th. Evercore ISI lifted their price target on Willis Towers Watson Public from $290.00 to $295.00 and gave the stock an "in-line" rating in a report on Friday, April 26th. Stifel Nicolaus upped their price objective on Willis Towers Watson Public from $236.00 to $268.00 and gave the company a "hold" rating in a research note on Wednesday, February 7th. Roth Mkm boosted their price target on shares of Willis Towers Watson Public from $275.00 to $300.00 and gave the stock a "buy" rating in a report on Wednesday, February 7th. Finally, Piper Sandler raised their price objective on shares of Willis Towers Watson Public from $297.00 to $303.00 and gave the stock an "overweight" rating in a report on Friday, April 26th. Six investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $295.54.

Willis Towers Watson Public Trading Up 0.4 %

Shares of WTW stock traded up $1.08 on Monday, reaching $253.07. 292,280 shares of the stock were exchanged, compared to its average volume of 465,510. The stock has a market cap of $25.87 billion, a PE ratio of 25.36, a P/E/G ratio of 1.44 and a beta of 0.75. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.89 and a quick ratio of 1.89. Willis Towers Watson Public has a one year low of $195.29 and a one year high of $278.86. The stock has a 50 day moving average price of $267.55 and a 200 day moving average price of $253.07.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last posted its quarterly earnings data on Thursday, April 25th. The company reported $3.29 earnings per share (EPS) for the quarter, beating 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 company had revenue of $2.34 billion for the quarter, compared to the consensus estimate of $2.37 billion. During the same period last year, the company earned $2.84 earnings per share. The firm's revenue was up 4.3% compared to the same quarter last year. Equities research analysts forecast that Willis Towers Watson Public will post 16.27 EPS for the current fiscal year.

Insider Buying and Selling

In related news, CFO Andrew Jay Krasner sold 1,100 shares of the 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 sale, the chief financial officer now directly owns 4,170 shares of the company's stock, valued at approximately $1,134,782.10. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.22% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of WTW. Loomis Sayles & Co. L P bought a new position in Willis Towers Watson Public in the third quarter worth approximately $28,000. Richardson Financial Services Inc. purchased a new stake in shares of Willis Towers Watson Public during the 1st quarter worth $28,000. Exchange Traded Concepts LLC purchased a new position in Willis Towers Watson Public in the fourth quarter valued at about $29,000. Hexagon Capital Partners LLC raised its holdings 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 worth $31,000 after purchasing an additional 81 shares in the last quarter. Finally, HHM Wealth Advisors LLC purchased a new stake in shares of Willis Towers Watson Public during the fourth quarter valued at about $34,000. Institutional investors 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.