Willis Towers Watson Public (NASDAQ:WTW) Price Target Raised to $409.00

Willis Towers Watson Public (NASDAQ:WTW) had its price objective lifted by UBS Group from $398.00 to $409.00 in a research report sent to investors on Monday morning,Benzinga reports. UBS Group currently has a buy rating on the stock.

Several other equities research analysts have also commented on WTW. Truist Financial upped their price objective on Willis Towers Watson Public from $380.00 to $400.00 and gave the stock a “buy” rating in a research note on Wednesday, February 4th. Evercore boosted their price target on Willis Towers Watson Public from $383.00 to $390.00 and gave the company an “outperform” rating in a report on Wednesday, February 4th. Mizuho started coverage on Willis Towers Watson Public in a research report on Tuesday, December 16th. They set an “outperform” rating and a $386.00 price objective on the stock. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Willis Towers Watson Public in a report on Monday, December 29th. Finally, TD Cowen lowered their target price on shares of Willis Towers Watson Public from $408.00 to $391.00 and set a “buy” rating on the stock in a research note on Monday, November 10th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $374.57.

Willis Towers Watson Public Price Performance

NASDAQ WTW opened at $280.09 on Monday. The company has a 50-day moving average price of $324.80 and a 200-day moving average price of $327.26. Willis Towers Watson Public has a 52 week low of $277.54 and a 52 week high of $352.79. The company has a quick ratio of 1.69, a current ratio of 2.21 and a debt-to-equity ratio of 0.71. The firm has a market capitalization of $26.82 billion, a P/E ratio of 17.10, a PEG ratio of 1.31 and a beta of 0.62.

Willis Towers Watson Public (NASDAQ:WTW) last announced its earnings results on Tuesday, February 3rd. The company reported $8.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $7.93 by $0.19. Willis Towers Watson Public had a net margin of 16.53% and a return on equity of 20.91%. The company had revenue of $2.94 billion during the quarter, compared to analyst estimates of $2.87 billion. During the same period in the previous year, the business posted $8.13 earnings per share. The firm’s quarterly revenue was down 3.3% compared to the same quarter last year. Equities research analysts anticipate that Willis Towers Watson Public will post 17.32 earnings per share for the current year.

Willis Towers Watson Public Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st were given a dividend of $0.92 per share. The ex-dividend date was Wednesday, December 31st. This represents a $3.68 annualized dividend and a yield of 1.3%. Willis Towers Watson Public’s dividend payout ratio (DPR) is 22.47%.

Institutional Trading of Willis Towers Watson Public

Hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. grew its position in Willis Towers Watson Public by 0.9% in the third quarter. Vanguard Group Inc. now owns 11,372,970 shares of the company’s stock worth $3,928,792,000 after acquiring an additional 103,784 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its stake in Willis Towers Watson Public by 2.4% during the second quarter. Massachusetts Financial Services Co. MA now owns 6,238,308 shares of the company’s stock worth $1,912,041,000 after buying an additional 146,104 shares during the period. Dodge & Cox increased its position in Willis Towers Watson Public by 184.1% during the third quarter. Dodge & Cox now owns 3,632,191 shares of the company’s stock valued at $1,254,740,000 after acquiring an additional 2,353,768 shares during the last quarter. Artisan Partners Limited Partnership raised its stake in shares of Willis Towers Watson Public by 1.8% in the second quarter. Artisan Partners Limited Partnership now owns 3,579,098 shares of the company’s stock valued at $1,096,994,000 after acquiring an additional 62,570 shares during the period. Finally, Geode Capital Management LLC lifted its holdings in shares of Willis Towers Watson Public by 0.8% in the 2nd quarter. Geode Capital Management LLC now owns 2,591,115 shares of the company’s stock worth $790,908,000 after acquiring an additional 19,384 shares during the last quarter. 93.09% of the stock is currently owned by hedge funds and other institutional investors.

About Willis Towers Watson Public

Willis Towers Watson Public (NASDAQ: WTW) is a global advisory, broking and solutions company that helps organizations manage risk, optimize benefits and cultivate talent. The firm combines insurance brokerage and risk management capabilities with human capital and benefits consulting, actuarial and analytics services, and technology-enabled solutions. Willis Towers Watson serves a broad client base that includes multinational and mid-sized corporations, public sector organizations, insurers and investment managers.

The company’s core activities encompass commercial and reinsurance brokerage, risk transfer and risk-financing advice, and claims advocacy, alongside employee benefits and retirement consulting.