Willis Towers Watson Public (NASDAQ:WTW) Price Target Increased to $323.00 by Analysts at Keefe, Bruyette & Woods

Willis Towers Watson Public (NASDAQ:WTW) had its target price upped by Keefe, Bruyette & Woods from $320.00 to $323.00 in a research report sent to investors on Wednesday, Benzinga reports. They currently have an outperform rating on the stock.

WTW has been the subject of several other research reports. Bank of America upgraded shares of Willis Towers Watson Public from an underperform rating to a neutral rating and upped their price target for the stock from $272.00 to $304.00 in a research report on Wednesday, May 22nd. Piper Sandler upped their price target on shares of Willis Towers Watson Public from $297.00 to $303.00 and gave the stock an overweight rating in a research report on Friday, April 26th. Evercore ISI upped their price target on shares of Willis Towers Watson Public from $290.00 to $295.00 and gave the stock an in-line rating in a research report on Friday, April 26th. Wells Fargo & Company upped their price objective on shares of Willis Towers Watson Public from $318.00 to $321.00 and gave the stock an overweight rating in a report on Friday, July 26th. Finally, Morgan Stanley reduced their price objective on shares of Willis Towers Watson Public from $275.00 to $272.00 and set an equal weight rating for the company in a report on Wednesday, July 10th. Seven investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of Moderate Buy and an average price target of $300.21.

Willis Towers Watson Public Stock Down 0.5 %

WTW stock opened at $283.02 on Wednesday. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.94 and a quick ratio of 1.94. Willis Towers Watson Public has a 1-year low of $195.29 and a 1-year high of $285.99. The firm has a fifty day moving average price of $262.51 and a two-hundred day moving average price of $263.26. The firm has a market cap of $28.74 billion, a price-to-earnings ratio of 28.39, a PEG ratio of 1.48 and a beta of 0.73.

Willis Towers Watson Public (NASDAQ:WTW) last released its earnings results on Thursday, July 25th. The company reported $2.55 earnings per share for the quarter, beating the consensus estimate of $2.28 by $0.27. Willis Towers Watson Public had a net margin of 11.24% and a return on equity of 16.97%. The firm had revenue of $2.27 billion during the quarter, compared to analyst estimates of $2.27 billion. During the same quarter in the previous year, the firm earned $2.05 earnings per share. The firm’s revenue for the quarter was up 4.9% compared to the same quarter last year. Research analysts predict that Willis Towers Watson Public will post 16.57 EPS for the current year.

Willis Towers Watson Public Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, July 15th. Shareholders of record on Sunday, June 30th were issued a dividend of $0.88 per share. The ex-dividend date of this dividend was Friday, June 28th. This represents a $3.52 annualized dividend and a yield of 1.24%. Willis Towers Watson Public’s dividend payout ratio (DPR) is presently 35.31%.

Hedge Funds Weigh In On Willis Towers Watson Public

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Assenagon Asset Management S.A. boosted its position in shares of Willis Towers Watson Public by 33.2% in the fourth quarter. Assenagon Asset Management S.A. now owns 3,043 shares of the company’s stock valued at $734,000 after acquiring an additional 758 shares during the period. Oak Thistle LLC bought a new stake in shares of Willis Towers Watson Public in the fourth quarter valued at approximately $374,000. Seed Wealth Management Inc. bought a new stake in shares of Willis Towers Watson Public in the fourth quarter valued at approximately $204,000. Callahan Advisors LLC lifted its position in Willis Towers Watson Public by 2.3% in the fourth quarter. Callahan Advisors LLC now owns 11,548 shares of the company’s stock worth $2,785,000 after purchasing an additional 260 shares during the period. Finally, Nisa Investment Advisors LLC lifted its position in Willis Towers Watson Public by 474.1% in the fourth quarter. Nisa Investment Advisors LLC now owns 45,155 shares of the company’s stock worth $10,891,000 after purchasing an additional 37,290 shares during the period. Institutional investors and hedge funds own 93.09% of the company’s stock.

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.