Willis Towers Watson Public (NASDAQ:WTW) Price Target Increased to $300.00 by Analysts at Roth Mkm

Willis Towers Watson Public (NASDAQ:WTWFree Report) had its price target raised by Roth Mkm from $275.00 to $300.00 in a report released on Wednesday, Benzinga reports. Roth Mkm currently has a buy rating on the stock.

A number of other brokerages have also weighed in on WTW. TheStreet upgraded Willis Towers Watson Public from a c+ rating to a b- rating in a research note on Monday, October 30th. Raymond James boosted their price objective on shares of Willis Towers Watson Public from $250.00 to $255.00 and gave the company an outperform rating in a research report on Tuesday, October 31st. Wells Fargo & Company upped their price target on shares of Willis Towers Watson Public from $288.00 to $320.00 and gave the stock an overweight rating in a report on Wednesday. Piper Sandler boosted their price objective on shares of Willis Towers Watson Public from $265.00 to $267.00 and gave the stock an overweight rating in a research note on Friday, October 27th. Finally, Morgan Stanley upped their price target on shares of Willis Towers Watson Public from $225.00 to $236.00 and gave the company an equal weight rating in a research report on Friday, October 27th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and ten have given a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of Moderate Buy and an average target price of $270.21.

Get Our Latest Stock Analysis on WTW

Willis Towers Watson Public Trading Up 1.2 %

WTW stock opened at $271.79 on Wednesday. The company has a market cap of $28.07 billion, a P/E ratio of 27.12, a PEG ratio of 1.68 and a beta of 0.72. Willis Towers Watson Public has a twelve month low of $195.29 and a twelve month high of $272.09. The company has a quick ratio of 1.32, a current ratio of 1.45 and a debt-to-equity ratio of 0.48. The business has a fifty day moving average of $245.05 and a 200-day moving average of $226.62.

Willis Towers Watson Public (NASDAQ:WTWGet Free Report) last posted its quarterly earnings data on Tuesday, February 6th. The company reported $7.44 earnings per share for the quarter, topping the consensus estimate of $7.05 by $0.39. The company had revenue of $2.91 billion during the quarter, compared to analysts’ expectations of $2.91 billion. Willis Towers Watson Public had a return on equity of 15.70% and a net margin of 11.12%. Willis Towers Watson Public’s revenue for the quarter was up 7.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $6.33 earnings per share. As a group, equities research analysts expect that Willis Towers Watson Public will post 16.16 EPS for the current year.

Willis Towers Watson Public Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, January 16th. Shareholders of record on Sunday, December 31st were given a $0.84 dividend. The ex-dividend date of this dividend was Thursday, December 28th. This represents a $3.36 dividend on an annualized basis and a dividend yield of 1.24%. Willis Towers Watson Public’s payout ratio is currently 33.53%.

Hedge Funds Weigh In On Willis Towers Watson Public

Hedge funds and other institutional investors have recently modified their holdings of the stock. Schechter Investment Advisors LLC purchased a new stake in shares of Willis Towers Watson Public in the third quarter valued at $502,000. Financial Engines Advisors L.L.C. increased its stake in Willis Towers Watson Public by 3.1% in the 2nd quarter. Financial Engines Advisors L.L.C. now owns 16,107 shares of the company’s stock worth $3,793,000 after buying an additional 491 shares during the period. Massachusetts Financial Services Co. MA grew its holdings in Willis Towers Watson Public by 1.0% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 9,946,805 shares of the company’s stock worth $2,078,484,000 after acquiring an additional 98,719 shares in the last quarter. Kovitz Investment Group Partners LLC grew its holdings in Willis Towers Watson Public by 1.8% during the 2nd quarter. Kovitz Investment Group Partners LLC now owns 21,738 shares of the company’s stock worth $5,119,000 after acquiring an additional 385 shares in the last quarter. Finally, Cibc World Markets Corp grew its holdings in Willis Towers Watson Public by 54.7% during the 2nd quarter. Cibc World Markets Corp now owns 21,693 shares of the company’s stock worth $5,109,000 after acquiring an additional 7,669 shares in the last quarter. Institutional investors own 91.41% of the company’s stock.

About Willis Towers Watson Public

(Get Free Report)

Willis Towers Watson Public Limited Company operates as an advisory, broking, and solutions company worldwide. It operates through two segments: Health, Wealth and 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 programs; actuarial support, plan design, and administrative services for pension and retirement savings plans; and benefits outsourcing services, including a suite of health and welfare, and pension administration outsourcing services.

Further Reading

Analyst Recommendations for Willis Towers Watson Public (NASDAQ:WTW)

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