Sei Investments Co. Purchases 2,499 Shares of Willis Towers Watson Public Limited Company $WTW

Sei Investments Co. increased its holdings in Willis Towers Watson Public Limited Company (NASDAQ:WTW) by 0.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 265,556 shares of the company’s stock after acquiring an additional 2,499 shares during the period. Sei Investments Co. owned about 0.28% of Willis Towers Watson Public worth $77,194,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Brighton Jones LLC grew its position in shares of Willis Towers Watson Public by 4.7% during the 4th quarter. Brighton Jones LLC now owns 1,368 shares of the company’s stock valued at $429,000 after acquiring an additional 61 shares during the period. NewEdge Advisors LLC increased its position in Willis Towers Watson Public by 7.6% in the first quarter. NewEdge Advisors LLC now owns 2,588 shares of the company’s stock worth $875,000 after buying an additional 182 shares during the last quarter. Empowered Funds LLC increased its position in Willis Towers Watson Public by 16.9% in the first quarter. Empowered Funds LLC now owns 2,400 shares of the company’s stock worth $811,000 after buying an additional 347 shares during the last quarter. Geneos Wealth Management Inc. raised its stake in shares of Willis Towers Watson Public by 38.6% in the first quarter. Geneos Wealth Management Inc. now owns 140 shares of the company’s stock valued at $47,000 after buying an additional 39 shares during the period. Finally, First Trust Advisors LP raised its stake 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 buying an additional 1,659 shares during the period. Institutional investors own 93.09% of the company’s stock.

Willis Towers Watson Public Price Performance

Willis Towers Watson Public stock opened at $295.11 on Friday. Willis Towers Watson Public Limited Company has a one year low of $240.61 and a one year high of $352.79. The business has a fifty day moving average price of $269.24 and a 200-day moving average price of $287.33. The company has a debt-to-equity ratio of 0.78, a current ratio of 2.92 and a quick ratio of 2.92. The firm has a market capitalization of $27.87 billion, a P/E ratio of 17.21, a PEG ratio of 0.93 and a beta of 0.43.

Willis Towers Watson Public (NASDAQ:WTW) last announced its quarterly earnings results on Friday, May 1st. The company reported $3.72 earnings per share for the quarter, beating the consensus estimate of $3.65 by $0.07. Willis Towers Watson Public had a return on equity of 21.52% and a net margin of 16.84%.The company had revenue of $2.41 billion during the quarter, compared to analysts’ expectations of $2.41 billion. During the same period in the previous year, the business earned $3.13 earnings per share. The firm’s quarterly revenue was up 8.5% compared to the same quarter last year. As a group, equities research analysts forecast that Willis Towers Watson Public Limited Company will post 19.53 EPS for the current year.

Willis Towers Watson Public Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were paid a dividend of $0.96 per share. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $3.84 annualized dividend and a yield of 1.3%. Willis Towers Watson Public’s payout ratio is currently 22.39%.

Insiders Place Their Bets

In other news, insider Lucy Clarke bought 1,896 shares of the stock in a transaction on Wednesday, May 6th. The shares were acquired at an average cost of $263.37 per share, for a total transaction of $499,349.52. Following the purchase, the insider directly owned 22,717 shares of the company’s stock, valued at $5,982,976.29. This trade represents a 9.11% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.40% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on WTW. Truist Financial upgraded Willis Towers Watson Public to a “strong-buy” rating in a research note on Thursday, April 30th. Morgan Stanley lowered their price objective on Willis Towers Watson Public from $330.00 to $320.00 and set an “equal weight” rating on the stock in a research note on Monday, April 6th. Piper Sandler upped their price objective on shares of Willis Towers Watson Public from $283.00 to $317.00 and gave the company an “overweight” rating in a report on Wednesday, July 15th. Weiss Ratings lowered shares of Willis Towers Watson Public from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, May 15th. Finally, Keefe, Bruyette & Woods increased their target price on shares of Willis Towers Watson Public from $380.00 to $381.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 8th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $351.80.

Willis Towers Watson Public 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.