Willis Towers Watson Public (NASDAQ:WTW) Issues Quarterly Earnings Results

Posted by Brenda Bartman on Jul 30th, 2026

Willis Towers Watson Public (NASDAQ:WTW – Get Free Report) released its earnings results on Thursday. The company reported $3.35 earnings per share for the quarter, topping the consensus estimate of $3.12 by $0.23, FiscalAI reports. The firm had revenue of $2.47 billion during the quarter, compared to analysts’ expectations of $2.42 billion. Willis Towers Watson Public had a return on equity of 21.52% and a net margin of 16.84%.The company’s quarterly revenue was up 9.1% on a year-over-year basis. During the same period in the prior year, the company earned $2.86 earnings per share.

Here are the key takeaways from Willis Towers Watson Public’s conference call:

Strong second-quarter execution: WTW reported 5% organic revenue growth, 100 basis points of adjusted operating-margin expansion to 19.5%, and adjusted EPS of $3.35, up 17% year over year.
Risk & Broking led performance with 7% organic growth, supported by specialty-business momentum, new-business wins, and strong retention; Health also grew 8%, while management maintained its full-year mid-single-digit growth outlook.
WTW launched Propel, an AI and automation program expected to require approximately $625 million of cash investment and generate $400 million in run-rate savings, or $350 million after planned growth reinvestment, by the end of 2028.
Propel raises WTW’s 2028 adjusted operating-margin targets to approximately 30% enterprise-wide, 35% in Health, Wealth & Career, and 30% in Risk & Broking; management expects substantial free-cash-flow-margin improvement after program costs subside in 2029.
Near-term conditions remain mixed, with declining insurance rates across most lines, a softer labor market, and geopolitical conflict—particularly in the Middle East—pressuring discretionary Career projects; management also expects most Propel costs to occur in 2027–2028.

Willis Towers Watson Public Price Performance

Shares of NASDAQ WTW traded up $20.12 during mid-day trading on Thursday, hitting $336.05. 1,135,942 shares of the stock traded hands, compared to its average volume of 520,721. The company has a market cap of $31.74 billion, a PE ratio of 19.59, a price-to-earnings-growth ratio of 1.02 and a beta of 0.43. Willis Towers Watson Public has a twelve month low of $240.61 and a twelve month high of $352.79. 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 50 day simple moving average of $274.19 and a two-hundred day simple moving average of $286.57.

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 issued 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 dividend yield of 1.1%. Willis Towers Watson Public’s dividend payout ratio (DPR) is 22.39%.

Analysts Set New Price Targets

A number of equities analysts have recently commented on WTW shares. Bank of America lowered their price target on Willis Towers Watson Public from $354.00 to $347.00 and set a “neutral” rating for the company in a report on Tuesday, April 14th. BMO Capital Markets upgraded Willis Towers Watson Public from a “market perform” rating to an “outperform” rating and decreased their target price for the company from $347.00 to $300.00 in a research report on Friday, May 1st. Mizuho boosted their target price on Willis Towers Watson Public from $338.00 to $361.00 and gave the stock an “outperform” rating in a research note on Thursday, July 9th. Wall Street Zen raised shares of Willis Towers Watson Public from a “sell” rating to a “hold” rating in a report on Saturday, April 25th. Finally, Weiss Ratings downgraded shares of Willis Towers Watson Public from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, May 15th. Two investment analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Willis Towers Watson Public has a consensus rating of “Moderate Buy” and an average price target of $351.80.

Get Our Latest Stock Report on WTW

Insider Transactions at Willis Towers Watson Public

In other news, insider Lucy Clarke bought 1,896 shares of the company’s stock in a transaction on Wednesday, May 6th. The stock was purchased at an average cost of $263.37 per share, for a total transaction of $499,349.52. Following the completion of the transaction, the insider owned 22,717 shares of the company’s stock, valued at $5,982,976.29. This trade represents a 9.11% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available at this link. 0.40% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Brighton Jones LLC increased its position in Willis Towers Watson Public by 4.7% in 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 lifted its stake 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 valued at $875,000 after buying an additional 182 shares during the period. Empowered Funds LLC lifted its position in shares of Willis Towers Watson Public by 16.9% during the 1st quarter. Empowered Funds LLC now owns 2,400 shares of the company’s stock valued at $811,000 after acquiring an additional 347 shares during the period. Geneos Wealth Management Inc. boosted its position in shares of Willis Towers Watson Public by 38.6% during the 1st quarter. Geneos Wealth Management Inc. now owns 140 shares of the company’s stock worth $47,000 after purchasing an additional 39 shares in the last quarter. Finally, First Trust Advisors LP boosted its holdings in 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 worth $4,538,000 after acquiring an additional 1,659 shares in the last quarter. Institutional investors and hedge funds own 93.09% of the company’s stock.

Trending Headlines about Willis Towers Watson Public

Here are the key news stories impacting Willis Towers Watson Public this week:

Positive Sentiment: Quarterly earnings exceeded expectations: WTW reported adjusted earnings of $3.35 per share, above the $3.12–$3.13 consensus range and up from $2.86 a year earlier. Revenue rose 9.1% year over year to $2.47 billion, also beating estimates of approximately $2.42 billion. WTW Reports Second Quarter 2026 Earnings
Positive Sentiment: Broad-based growth and margin gains supported the quarter: Organic revenue growth and improved margins more than offset higher integration costs, signaling continued operating momentum. WTW reported a 16.84% net margin and 21.52% return on equity. WTW Q2 Earnings Beat Estimates on Revenue Growth and Margin Gains
Positive Sentiment: Propel restructuring targets significant savings: Management outlined a goal of approximately $400 million in run-rate savings and an adjusted operating margin near 30% by 2028. If achieved, the initiative could improve profitability and strengthen longer-term earnings growth. WTW Outlines Propel Targets
Neutral Sentiment: The earnings call provided additional context on second-quarter performance, integration expenses and the company’s longer-term strategy. WTW Q2 2026 Earnings Call Transcript
Negative Sentiment: Zacks Research made very small reductions to several 2027–2028 EPS estimates, including its FY2028 forecast from $23.60 to $23.57. These revisions are a modest headwind but are outweighed by the current-quarter earnings and revenue beats.

Willis Towers Watson Public Company Profile

(Get Free Report)

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.