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 price target boosted by Keefe, Bruyette & Woods from $320.00 to $323.00 in a research report report published on Wednesday, Benzinga reports. They currently have an outperform rating on the stock.

WTW has been the subject of a number of other reports. Piper Sandler boosted their price objective on 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. Bank of America upgraded Willis Towers Watson Public from an underperform rating to a neutral rating and boosted their target price for the stock from $272.00 to $304.00 in a research note on Wednesday, May 22nd. Wells Fargo & Company boosted their target price on Willis Towers Watson Public from $318.00 to $321.00 and gave the stock an overweight rating in a research note on Friday, July 26th. Truist Financial boosted their target price on Willis Towers Watson Public from $310.00 to $335.00 and gave the stock a buy rating in a research note on Friday, July 26th. Finally, Citigroup decreased their target price on Willis Towers Watson Public from $315.00 to $312.00 and set a buy rating for the company in a research note on Monday, April 29th. Seven research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of Moderate Buy and an average target price of $300.21.

Willis Towers Watson Public Stock Performance

NASDAQ WTW opened at $283.02 on Wednesday. The company has a market cap of $28.74 billion, a P/E ratio of 28.39, a P/E/G ratio of 1.48 and a beta of 0.73. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.94 and a quick ratio of 1.94. The stock has a 50-day moving average of $262.51 and a two-hundred day moving average of $263.26. Willis Towers Watson Public has a 1-year low of $195.29 and a 1-year high of $285.99.

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 return on equity of 16.97% and a net margin of 11.24%. The company had revenue of $2.27 billion during the quarter, compared to the consensus estimate of $2.27 billion. During the same period in the previous year, the company posted $2.05 EPS. Willis Towers Watson Public’s revenue was up 4.9% compared to the same quarter last year. As a group, analysts anticipate that Willis Towers Watson Public will post 16.57 EPS for the current year.

Willis Towers Watson Public Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, July 15th. Stockholders of record on Sunday, June 30th were issued a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.24%. The ex-dividend date of this dividend was Friday, June 28th. Willis Towers Watson Public’s payout ratio is currently 35.31%.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Graypoint LLC grew its holdings in Willis Towers Watson Public by 4.7% during the second quarter. Graypoint LLC now owns 820 shares of the company’s stock worth $215,000 after acquiring an additional 37 shares during the period. Blueshift Asset Management LLC grew its holdings in Willis Towers Watson Public by 2.6% during the fourth quarter. Blueshift Asset Management LLC now owns 1,494 shares of the company’s stock worth $360,000 after acquiring an additional 38 shares during the period. US Bancorp DE grew its holdings in Willis Towers Watson Public by 0.3% during the fourth quarter. US Bancorp DE now owns 12,992 shares of the company’s stock worth $3,134,000 after acquiring an additional 39 shares during the period. Parkside Financial Bank & Trust grew its holdings in Willis Towers Watson Public by 19.7% during the fourth quarter. Parkside Financial Bank & Trust now owns 249 shares of the company’s stock worth $60,000 after acquiring an additional 41 shares during the period. Finally, Live Oak Private Wealth LLC grew its holdings in Willis Towers Watson Public by 0.7% during the first quarter. Live Oak Private Wealth LLC now owns 6,499 shares of the company’s stock worth $1,787,000 after acquiring an additional 43 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.