Piper Sandler Increases Willis Towers Watson Public (NASDAQ:WTW) Price Target to $303.00

Willis Towers Watson Public (NASDAQ:WTW) had its price target lifted by equities researchers at Piper Sandler from $297.00 to $303.00 in a report released on Friday, Benzinga reports. The brokerage presently has an “overweight” rating on the stock. Piper Sandler’s price objective would indicate a potential upside of 20.74% from the stock’s current price.

Other research analysts also recently issued research reports about the stock. Keefe, Bruyette & Woods upped their price target on shares of Willis Towers Watson Public from $307.00 to $317.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 10th. BMO Capital Markets raised Willis Towers Watson Public from an “underperform” rating to a “market perform” rating and boosted their price objective for the stock from $236.00 to $298.00 in a report on Monday, February 12th. Roth Mkm boosted their price objective on Willis Towers Watson Public from $275.00 to $300.00 and gave the stock a “buy” rating in a report on Wednesday, February 7th. TD Cowen assumed coverage on Willis Towers Watson Public in a report on Wednesday, January 10th. They set an “outperform” rating and a $316.00 price objective for the company. Finally, Morgan Stanley boosted their price objective on Willis Towers Watson Public from $248.00 to $270.00 and gave the stock an “equal weight” rating in a report on Wednesday, February 7th. Six analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $293.43.

Willis Towers Watson Public Stock Down 2.3 %

Shares of NASDAQ WTW opened at $250.95 on Friday. The firm’s 50-day simple moving average is $269.96 and its 200 day simple moving average is $251.39. The company has a market cap of $25.66 billion, a price-to-earnings ratio of 25.17, a price-to-earnings-growth ratio of 1.46 and a beta of 0.73. The company has a quick ratio of 1.45, a current ratio of 1.89 and a debt-to-equity ratio of 0.55. Willis Towers Watson Public has a 12-month low of $195.29 and a 12-month high of $278.86.

Willis Towers Watson Public (NASDAQ:WTW) last issued its quarterly earnings results on Thursday, April 25th. The company reported $3.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.21 by $0.08. The business had revenue of $2.34 billion for the quarter, compared to the consensus estimate of $2.37 billion. Willis Towers Watson Public had a net margin of 10.88% and a return on equity of 16.31%. The firm’s quarterly revenue was up 4.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.84 EPS. On average, research analysts expect that Willis Towers Watson Public will post 16.25 earnings per share for the current fiscal year.

Insider Activity

In related news, CFO Andrew Jay Krasner sold 1,100 shares of the stock in a transaction that occurred on Friday, March 1st. The stock was sold at an average price of $272.13, for a total transaction of $299,343.00. Following the completion of the sale, the chief financial officer now directly owns 4,170 shares of the company’s stock, valued at approximately $1,134,782.10. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 0.22% of the stock is currently owned by company insiders.

Institutional Trading of Willis Towers Watson Public

A number of large investors have recently bought and sold shares of WTW. UMB Bank n.a. increased its stake in Willis Towers Watson Public by 650.0% during the 3rd quarter. UMB Bank n.a. now owns 390 shares of the company’s stock worth $81,000 after purchasing an additional 338 shares in the last quarter. Czech National Bank boosted its position in Willis Towers Watson Public by 45.4% during the 3rd quarter. Czech National Bank now owns 18,321 shares of the company’s stock worth $3,828,000 after acquiring an additional 5,723 shares during the last quarter. Live Oak Private Wealth LLC boosted its position in Willis Towers Watson Public by 2.3% during the 3rd quarter. Live Oak Private Wealth LLC now owns 6,485 shares of the company’s stock worth $1,355,000 after acquiring an additional 148 shares during the last quarter. Xponance Inc. boosted its position in Willis Towers Watson Public by 1.8% during the 3rd quarter. Xponance Inc. now owns 15,476 shares of the company’s stock worth $3,234,000 after acquiring an additional 279 shares during the last quarter. Finally, Community Capital Management LLC acquired a new position in Willis Towers Watson Public during the 3rd quarter worth approximately $407,000. 93.09% of the stock is owned by institutional investors.

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.