Willis Towers Watson Public (NASDAQ:WTW) Releases Earnings Results, Beats Estimates By $0.23 EPS

Willis Towers Watson Public (NASDAQ:WTW) released its earnings results on Thursday. The company reported $3.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.12 by $0.23, FiscalAI reports. Willis Towers Watson Public had a net margin of 16.84% and a return on equity of 21.52%. The business had revenue of $2.47 billion for the quarter, compared to analysts’ expectations of $2.42 billion. During the same period last year, the company earned $2.86 earnings per share. The company’s quarterly revenue was up 9.1% on a year-over-year basis.

Here are the key takeaways from Willis Towers Watson Public’s conference call:

• Strong second-quarter execution: WTW reported 5% organic revenue growth, 100 basis points of adjusted operating-margin expansion to 19.5%, and adjusted EPS of $3.35, up 17% year over year.
• Risk & Broking led performance with 7% organic growth, supported by specialty-business momentum, new-business wins, and strong retention; Health also grew 8%, while management maintained its full-year mid-single-digit growth outlook.
• WTW launched Propel, an AI and automation program expected to require approximately $625 million of cash investment and generate $400 million in run-rate savings, or $350 million after planned growth reinvestment, by the end of 2028.
• Propel raises WTW’s 2028 adjusted operating-margin targets to approximately 30% enterprise-wide, 35% in Health, Wealth & Career, and 30% in Risk & Broking; management expects substantial free-cash-flow-margin improvement after program costs subside in 2029.
• Near-term conditions remain mixed, with declining insurance rates across most lines, a softer labor market, and geopolitical conflict—particularly in the Middle East—pressuring discretionary Career projects; management also expects most Propel costs to occur in 2027–2028.

Willis Towers Watson Public Stock Performance

WTW traded down $0.74 during trading on Friday, reaching $335.31. 36,439 shares of the company’s stock were exchanged, compared to its average volume of 737,929. Willis Towers Watson Public has a fifty-two week low of $240.61 and a fifty-two week high of $352.79. The company has a quick ratio of 2.92, a current ratio of 2.92 and a debt-to-equity ratio of 0.78. The business has a 50 day moving average price of $274.19 and a 200 day moving average price of $286.57. The company has a market capitalization of $31.67 billion, a P/E ratio of 19.55, a PEG ratio of 1.02 and a beta of 0.43.

Willis Towers Watson Public Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were given a dividend of $0.96 per share. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $3.84 dividend on an annualized basis and a yield of 1.1%. Willis Towers Watson Public’s dividend payout ratio (DPR) is 22.39%.

Insider Transactions at Willis Towers Watson Public

In other Willis Towers Watson Public news, insider Lucy Clarke acquired 1,896 shares of Willis Towers Watson Public stock in a transaction on Wednesday, May 6th. The shares were bought at an average price of $263.37 per share, with a total value of $499,349.52. Following the completion of the purchase, the insider owned 22,717 shares in the company, valued at $5,982,976.29. This trade represents a 9.11% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 0.40% of the company’s stock.

Institutional Trading of Willis Towers Watson Public

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Brighton Jones LLC grew its holdings in Willis Towers Watson Public by 4.7% during 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 last quarter. NewEdge Advisors LLC lifted its position in shares of Willis Towers Watson Public by 7.6% during the first quarter. NewEdge Advisors LLC now owns 2,588 shares of the company’s stock worth $875,000 after purchasing an additional 182 shares in the last quarter. Empowered Funds LLC lifted its position in shares of Willis Towers Watson Public by 16.9% during the first quarter. Empowered Funds LLC now owns 2,400 shares of the company’s stock worth $811,000 after purchasing an additional 347 shares in the last quarter. Geneos Wealth Management Inc. grew its stake in shares of Willis Towers Watson Public by 38.6% during the first quarter. Geneos Wealth Management Inc. now owns 140 shares of the company’s stock valued at $47,000 after purchasing an additional 39 shares during the last quarter. Finally, First Trust Advisors LP increased its holdings in shares of Willis Towers Watson Public by 12.6% in the second quarter. First Trust Advisors LP now owns 14,806 shares of the company’s stock valued at $4,538,000 after purchasing an additional 1,659 shares in the last quarter. 93.09% of the stock is currently owned by institutional investors and hedge funds.

Willis Towers Watson Public News Roundup

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

• Positive Sentiment: Q2 earnings and revenue beat expectations. WTW reported adjusted earnings of $3.35 per share, above the $3.12–$3.13 consensus, while revenue rose 9.1% year over year to $2.47 billion versus expectations of approximately $2.42 billion. EPS increased from $2.86 in the year-ago quarter, reflecting broad-based organic growth and margin expansion. WTW Reports Second Quarter 2026 Earnings
• Positive Sentiment: Propel is providing a significant efficiency catalyst. Management outlined its Propel transformation program, targeting roughly $400 million in run-rate savings and an adjusted operating margin of about 30% by 2028. If achieved, the plan could support earnings growth and improve WTW’s competitive position, though integration costs remain elevated. WTW outlines Propel targets
• Neutral Sentiment: Analyst expectations remain broadly stable but cautious. Zacks Research trimmed several future EPS forecasts only slightly, including its fiscal 2028 estimate to $23.57 from $23.60. The reductions suggest limited near-term fundamental impact, but they indicate analysts are not yet raising long-term expectations following the quarterly beat.
• Negative Sentiment: Execution and technology risks could threaten growth. WTW disclosed risks tied to its AI transformation, including implementation challenges, regulatory compliance, cybersecurity or workforce disruption, and the possibility that investments fail to deliver expected productivity gains. WTW AI transformation risks
• Negative Sentiment: Some research commentary remains pessimistic. Zacks Research issued a cautious outlook for WTW’s earnings, while the company continues to absorb higher integration costs. This may temper the positive reaction to the Q2 beat until investors see sustained margin improvement and successful execution of Propel.

Analyst Ratings Changes

Several equities research analysts have commented on WTW shares. BMO Capital Markets upgraded Willis Towers Watson Public from a “market perform” rating to an “outperform” rating and dropped their price target for the stock from $347.00 to $300.00 in a research note on Friday, May 1st. Wells Fargo & Company upped their target price on Willis Towers Watson Public from $319.00 to $341.00 and gave the company an “overweight” rating in a research report on Thursday, July 9th. Piper Sandler boosted their price target on Willis Towers Watson Public from $283.00 to $317.00 and gave the company an “overweight” rating in a report on Wednesday, July 15th. Bank of America dropped their price objective on shares of 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. Finally, Keefe, Bruyette & Woods raised their price objective on shares of Willis Towers Watson Public from $380.00 to $381.00 and gave the company an “outperform” rating in a research note on Wednesday, July 8th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $351.80.

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.