Pacer Advisors Inc. Has $3.49 Million Holdings in Willis Towers Watson Public Limited Company $WTW

Pacer Advisors Inc. increased its position in Willis Towers Watson Public Limited Company (NASDAQ:WTW) by 35.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,623 shares of the company’s stock after acquiring an additional 2,775 shares during the quarter. Pacer Advisors Inc.’s holdings in Willis Towers Watson Public were worth $3,491,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of WTW. Brighton Jones LLC raised its holdings in Willis Towers Watson Public by 4.7% in the 4th quarter. Brighton Jones LLC now owns 1,368 shares of the company’s stock worth $429,000 after acquiring an additional 61 shares during the period. NewEdge Advisors LLC raised its holdings in Willis Towers Watson Public by 7.6% in the 1st quarter. NewEdge Advisors LLC now owns 2,588 shares of the company’s stock worth $875,000 after acquiring an additional 182 shares during the period. Empowered Funds LLC raised its holdings in Willis Towers Watson Public by 16.9% in the 1st quarter. Empowered Funds LLC now owns 2,400 shares of the company’s stock worth $811,000 after acquiring an additional 347 shares during the period. Geneos Wealth Management Inc. raised its holdings in Willis Towers Watson Public by 38.6% in the 1st quarter. Geneos Wealth Management Inc. now owns 140 shares of the company’s stock worth $47,000 after acquiring an additional 39 shares during the period. Finally, First Trust Advisors LP grew its holdings in Willis Towers Watson Public by 12.6% in the 2nd quarter. First Trust Advisors LP now owns 14,806 shares of the company’s stock valued at $4,538,000 after buying an additional 1,659 shares during the last quarter. Institutional investors own 93.09% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have issued reports on WTW. Evercore raised their target price 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. Barclays lowered their target price on Willis Towers Watson Public from $341.00 to $322.00 and set an “equal weight” rating on the stock in a report on Wednesday, April 8th. Citigroup raised Willis Towers Watson Public from a “neutral” rating to a “buy” rating and set a $300.00 target price on the stock in a report on Wednesday, May 6th. Piper Sandler lowered their target price on Willis Towers Watson Public from $341.00 to $283.00 and set an “overweight” rating on the stock in a report on Friday, May 1st. Finally, Bank of America lowered their target price on Willis Towers Watson Public from $354.00 to $347.00 and set a “neutral” rating on the stock in a report on Tuesday, April 14th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $351.73.

Trending Headlines about Willis Towers Watson Public

Here are the key news stories impacting Willis Towers Watson Public this week:

• Positive Sentiment: Keefe, Bruyette & Woods reaffirmed an “outperform” rating and set a $380 price target, signaling continued analyst confidence in Willis Towers Watson’s long-term prospects.
• Positive Sentiment: WTW’s Willis unit launched a new integrated carbon capture and storage insurance solution, which could support growth by expanding the company’s specialty risk offerings into an emerging market. Willis launches integrated risk and insurance solution for carbon capture
• Positive Sentiment: Analysts also continue to view the stock favorably overall, with coverage indicating a “moderate buy” consensus.
• Negative Sentiment: Two shareholder law firms, Schall Law Firm and Pomerantz LLP, announced investigations into possible securities-law violations and alleged misleading statements by the company, which can raise concerns about legal risk and possible distraction/costs. WTW Investors Have Opportunity to Join Willis Towers Watson Public Limited Company Fraud Investigation with the Schall Law Firm
• Negative Sentiment: WTW also faced a modest price-target cut from KBW, which may add to investor caution even though the firm kept its bullish rating.

Insider Activity at Willis Towers Watson Public

In related news, insider Lucy Clarke acquired 1,896 shares of the business’s stock in a transaction dated Wednesday, May 6th. The stock was acquired at an average price of $263.37 per share, with a total value of $499,349.52. Following the completion of the transaction, the insider owned 22,717 shares of the company’s stock, valued at approximately $5,982,976.29. This represents a 9.11% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 0.40% of the company’s stock.

Willis Towers Watson Public Stock Down 3.7%

Shares of WTW opened at $242.12 on Thursday. The company has a 50-day simple moving average of $285.13 and a 200-day simple moving average of $307.28. The firm has a market capitalization of $22.87 billion, a P/E ratio of 14.12, a P/E/G ratio of 1.11 and a beta of 0.45. The company has a debt-to-equity ratio of 0.78, a quick ratio of 2.92 and a current ratio of 2.92. Willis Towers Watson Public Limited Company has a 52 week low of $240.63 and a 52 week high of $352.79.

Willis Towers Watson Public (NASDAQ:WTW) last announced its quarterly earnings data on Friday, May 1st. The company reported $3.72 EPS for the quarter, beating analysts’ consensus estimates of $3.65 by $0.07. The business had revenue of $2.41 billion during the quarter, compared to analyst estimates of $2.41 billion. Willis Towers Watson Public had a net margin of 16.84% and a return on equity of 21.52%. The firm’s revenue for the quarter was up 8.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $3.13 earnings per share. On average, equities research analysts expect that Willis Towers Watson Public Limited Company will post 19.5 earnings per share for the current year.

Willis Towers Watson Public Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st were given a dividend of $0.96 per share. This is an increase from Willis Towers Watson Public’s previous quarterly dividend of $0.92. This represents a $3.84 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend was Tuesday, March 31st. Willis Towers Watson Public’s dividend payout ratio (DPR) is currently 22.39%.

Willis Towers Watson Public Company Profile

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.