Zacks Research Issues Optimistic Estimate for WTW Earnings

Willis Towers Watson Public Limited Company (NASDAQ:WTW – Free Report) – Investment analysts at Zacks Research boosted their FY2028 earnings per share estimates for shares of Willis Towers Watson Public in a research note issued on Friday, October 16th. Zacks Research analyst Team now expects that the company will post earnings of $26.06 per share for the year, up from their previous forecast of $25.60. The consensus estimate for Willis Towers Watson Public’s current full-year earnings is $19.80 per share.

Several other analysts also recently commented on WTW. Citigroup reissued a “neutral” rating and issued a $345.00 target price (up from $300.00) on shares of Willis Towers Watson Public in a research report on Monday, August 3rd. The Goldman Sachs Group increased their price target on shares of Willis Towers Watson Public from $316.00 to $385.00 and gave the stock a “buy” rating in a research note on Monday, August 3rd. Piper Sandler raised their price target on shares of Willis Towers Watson Public from $283.00 to $317.00 and gave the company an “overweight” rating in a report on Wednesday, July 15th. Weiss Ratings lowered shares of Willis Towers Watson Public from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, October 6th. Finally, UBS Group reduced their price objective on shares of Willis Towers Watson Public from $405.00 to $398.00 and set a “buy” rating for the company in a research note on Tuesday, October 6th. Ten research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $364.40.

Read Our Latest Analysis on WTW

Willis Towers Watson Public Price Performance

Shares of WTW opened at $314.45 on Tuesday. The firm has a market cap of $29.20 billion, a PE ratio of 17.28, a PEG ratio of 0.91 and a beta of 0.46. The firm’s 50 day moving average price is $317.18 and its 200 day moving average price is $292.91. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.68 and a current ratio of 1.68. Willis Towers Watson Public has a twelve month low of $240.61 and a twelve month high of $351.51.

Willis Towers Watson Public (NASDAQ:WTW – Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The company reported $3.35 EPS for the quarter, beating the consensus estimate of $3.12 by $0.23. Willis Towers Watson Public had a return on equity of 22.19% and a net margin of 15.49%. The business had revenue of $2.47 billion during the quarter, compared to analysts’ expectations of $2.42 billion. During the same quarter in the previous year, the business posted $2.86 EPS. The firm’s quarterly revenue was up 9.1% compared to the same quarter last year.

Willis Towers Watson Public Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th were issued a dividend of $0.96 per share. The ex-dividend date of this dividend was Wednesday, September 30th. This represents a $3.84 dividend on an annualized basis and a dividend yield of 1.2%. Willis Towers Watson Public’s dividend payout ratio is currently 23.62%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in WTW. Arrowstreet Capital Limited Partnership boosted its position in Willis Towers Watson Public by 183.7% during the first quarter. Arrowstreet Capital Limited Partnership now owns 316,158 shares of the company’s stock worth $91,907,000 after purchasing an additional 204,722 shares during the period. Diamond Hill Capital Management LLC Investment Advisor bought a new position in shares of Willis Towers Watson Public in the second quarter valued at approximately $32,052,000. Renaissance Technologies LLC bought a new position in shares of Willis Towers Watson Public in the first quarter valued at approximately $30,058,000. Hsbc Holdings PLC raised its position in shares of Willis Towers Watson Public by 86.7% in the first quarter. Hsbc Holdings PLC now owns 190,955 shares of the company’s stock valued at $55,470,000 after purchasing an additional 88,659 shares during the period. Finally, Westport Asset Management Inc. acquired a new stake in shares of Willis Towers Watson Public in the second quarter worth $18,096,000. 93.09% of the stock is owned by institutional investors.

About Willis Towers Watson Public

(Get Free Report)

Willis Towers Watson Public Limited Company (NASDAQ: WTW) is a global advisory, broking and solutions company that helps organizations manage risk, optimize benefits and improve performance. Its clients include corporations, governments, institutions and individuals across a range of industries and markets.

The company’s services include insurance brokerage and risk management, reinsurance, employee benefits consulting, retirement and investment advisory, and human capital and organizational consulting.

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Earnings History and Estimates for Willis Towers Watson Public (NASDAQ:WTW)

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