Q2 2024 EPS Estimates for Willis Towers Watson Public Limited (NASDAQ:WTW) Reduced by Analyst

Willis Towers Watson Public Limited (NASDAQ:WTW) – Equities researchers at Roth Capital lowered their Q2 2024 earnings per share (EPS) estimates for Willis Towers Watson Public in a research report issued on Friday, April 26th. Roth Capital analyst H. Fong now expects that the company will post earnings per share of $2.18 for the quarter, down from their prior forecast of $2.25. The consensus estimate for Willis Towers Watson Public’s current full-year earnings is $16.27 per share. Roth Capital also issued estimates for Willis Towers Watson Public’s Q4 2024 earnings at $8.24 EPS, FY2024 earnings at $16.50 EPS, Q1 2025 earnings at $3.66 EPS, Q2 2025 earnings at $2.47 EPS and Q4 2025 earnings at $9.03 EPS.

WTW has been the subject of several other reports. Morgan Stanley raised their target price on shares of Willis Towers Watson Public from $248.00 to $270.00 and gave the company an “equal weight” rating in a research note on Wednesday, February 7th. Wells Fargo & Company cut their price objective on Willis Towers Watson Public from $320.00 to $318.00 and set an “overweight” rating for the company in a research report on Thursday, April 11th. Stifel Nicolaus boosted their target price on Willis Towers Watson Public from $236.00 to $268.00 and gave the stock a “hold” rating in a report on Wednesday, February 7th. BMO Capital Markets upgraded Willis Towers Watson Public from an “underperform” rating to a “market perform” rating and increased their price target for the company from $236.00 to $298.00 in a research note on Monday, February 12th. Finally, Truist Financial lifted their price objective on shares of Willis Towers Watson Public from $275.00 to $310.00 and gave the stock a “buy” rating in a research report on Wednesday, February 7th. Six equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $293.21.

Willis Towers Watson Public Stock Performance

Shares of WTW opened at $251.14 on Monday. The company has a market cap of $25.68 billion, a PE ratio of 25.19, a price-to-earnings-growth ratio of 1.44 and a beta of 0.74. The firm has a 50-day moving average of $268.97 and a 200-day moving average of $252.24. Willis Towers Watson Public has a one year low of $195.29 and a one year high of $278.86. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.89 and a quick ratio of 1.89.

Willis Towers Watson Public (NASDAQ:WTW) last released its quarterly earnings data on Thursday, April 25th. The company reported $3.29 EPS for the quarter, beating the consensus estimate of $3.21 by $0.08. The company had revenue of $2.34 billion during the quarter, compared to the consensus estimate of $2.37 billion. Willis Towers Watson Public had a return on equity of 16.31% and a net margin of 10.88%. The firm’s revenue for the quarter was up 4.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.84 EPS.

Hedge Funds Weigh In On Willis Towers Watson Public

Several hedge funds have recently bought and sold shares of the company. Exchange Traded Concepts LLC acquired a new stake in shares of Willis Towers Watson Public during the 4th quarter worth approximately $29,000. Hexagon Capital Partners LLC increased its stake in shares of Willis Towers Watson Public by 168.8% in the 4th quarter. Hexagon Capital Partners LLC now owns 129 shares of the company’s stock valued at $31,000 after purchasing an additional 81 shares during the last quarter. Loomis Sayles & Co. L P bought a new stake in shares of Willis Towers Watson Public during the 3rd quarter worth $28,000. HHM Wealth Advisors LLC acquired a new stake in Willis Towers Watson Public in the fourth quarter valued at about $34,000. Finally, Massmutual Trust Co. FSB ADV grew its position in Willis Towers Watson Public by 112.8% in the fourth quarter. Massmutual Trust Co. FSB ADV now owns 200 shares of the company’s stock valued at $48,000 after acquiring an additional 106 shares during the last quarter. 93.09% of the stock is owned by institutional investors.

Insider Activity at Willis Towers Watson Public

In other Willis Towers Watson Public news, CFO Andrew Jay Krasner sold 1,100 shares of the firm’s stock in a transaction on Friday, March 1st. The stock was sold at an average price of $272.13, for a total transaction of $299,343.00. Following the transaction, the chief financial officer now owns 4,170 shares in the company, valued at approximately $1,134,782.10. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 0.22% of the stock is currently owned by corporate insiders.

Willis Towers Watson Public Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Sunday, March 31st were given a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.40%. This is an increase from Willis Towers Watson Public’s previous quarterly dividend of $0.84. The ex-dividend date was Wednesday, March 27th. Willis Towers Watson Public’s payout ratio is presently 35.31%.

Willis Towers Watson Public Company Profile

Willis Towers Watson Public Limited Company operates as an advisory, broking, and solutions company worldwide. It operates through two segments: Health, Wealth & Career and Risk & Broking. The company offers strategy and design consulting, plan management service and support, broking and administration services for health, wellbeing, and other group benefit program, including medical, dental, disability, life, voluntary benefits and other coverages; actuarial support, plan design, and administrative services for pension and retirement savings plans; retirement consulting services and solutions; and integrated solutions that consists of investment discretionary management, pension administration, core actuarial, and communication and change management assistance services.