Polianta Ltd Buys New Position in Willis Towers Watson Public Limited Company $WTW

Polianta Ltd purchased a new position in Willis Towers Watson Public Limited Company (NASDAQ:WTW) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 6,500 shares of the company’s stock, valued at approximately $1,698,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Dodge & Cox raised its holdings in Willis Towers Watson Public by 90.7% in the 4th quarter. Dodge & Cox now owns 6,925,525 shares of the company’s stock worth $2,275,728,000 after purchasing an additional 3,293,334 shares in the last quarter. T. Rowe Price Investment Management Inc. boosted its stake in shares of Willis Towers Watson Public by 23.4% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 3,505,195 shares of the company’s stock valued at $1,151,808,000 after purchasing an additional 664,202 shares in the last quarter. Invesco Ltd. boosted its stake in shares of Willis Towers Watson Public by 2.7% during the 4th quarter. Invesco Ltd. now owns 2,212,870 shares of the company’s stock valued at $727,149,000 after purchasing an additional 57,162 shares in the last quarter. Norges Bank purchased a new position in shares of Willis Towers Watson Public during the fourth quarter valued at about $511,151,000. Finally, Baupost Group LLC MA raised its stake in Willis Towers Watson Public by 24.7% in the fourth quarter. Baupost Group LLC MA now owns 1,357,601 shares of the company’s stock worth $446,108,000 after buying an additional 268,536 shares in the last quarter. Hedge funds and other institutional investors own 93.09% of the company’s stock.

Wall Street Analyst Weigh In

WTW has been the topic of a number of research analyst reports. Wells Fargo & Company upped their target price on Willis Towers Watson Public from $341.00 to $378.00 and gave the stock an “overweight” rating in a report on Friday, July 31st. Piper Sandler increased their price objective on Willis Towers Watson Public from $283.00 to $317.00 and gave the stock an “overweight” rating in a report on Wednesday, July 15th. Weiss Ratings cut shares of Willis Towers Watson Public from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, May 15th. BMO Capital Markets upgraded shares of Willis Towers Watson Public from a “market perform” rating to an “outperform” rating and decreased their price target for the stock from $347.00 to $300.00 in a research note on Friday, May 1st. Finally, Cantor Fitzgerald boosted their price objective on shares of Willis Towers Watson Public from $344.00 to $380.00 and gave the stock a “neutral” rating in a research note on Monday, August 3rd. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $363.50.

Willis Towers Watson Public Stock Performance

Shares of Willis Towers Watson Public stock opened at $344.82 on Friday. Willis Towers Watson Public Limited Company has a 1 year low of $240.61 and a 1 year high of $352.79. The firm’s 50-day moving average is $284.46 and its 200 day moving average is $287.34. The stock has a market cap of $32.02 billion, a price-to-earnings ratio of 21.21, a PEG ratio of 0.99 and a beta of 0.42. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.68 and a quick ratio of 1.68.

Willis Towers Watson Public (NASDAQ:WTW) last released its quarterly earnings data on Thursday, July 30th. The company reported $3.35 earnings per share for the quarter, beating analysts’ consensus estimates of $3.12 by $0.23. The business had revenue of $2.47 billion during the quarter, compared to analyst estimates of $2.42 billion. Willis Towers Watson Public had a net margin of 15.49% and a return on equity of 22.19%. Willis Towers Watson Public’s revenue was up 9.1% compared to the same quarter last year. During the same period last year, the business earned $2.86 EPS. Sell-side analysts anticipate that Willis Towers Watson Public Limited Company will post 19.8 EPS for the current fiscal year.

Willis Towers Watson Public Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were given a $0.96 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $3.84 annualized dividend and a yield of 1.1%. Willis Towers Watson Public’s dividend payout ratio is 23.62%.

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.