William Blair Weighs in on Willis Towers Watson Public Limited’s Q3 2024 Earnings (NASDAQ:WTW)

Willis Towers Watson Public Limited (NASDAQ:WTW) – Research analysts at William Blair increased their Q3 2024 earnings per share (EPS) estimates for Willis Towers Watson Public in a report issued on Thursday, April 25th. William Blair analyst A. Klauber now anticipates that the company will post earnings of $2.75 per share for the quarter, up from their prior forecast of $2.74. The consensus estimate for Willis Towers Watson Public’s current full-year earnings is $16.27 per share. William Blair also issued estimates for Willis Towers Watson Public’s Q1 2025 earnings at $3.78 EPS, Q3 2025 earnings at $3.10 EPS, Q4 2025 earnings at $8.85 EPS and FY2025 earnings at $18.41 EPS.

Several other analysts also recently weighed in on the company. Wells Fargo & Company cut their target price on Willis Towers Watson Public from $320.00 to $318.00 and set an “overweight” rating on the stock in a research note on Thursday, April 11th. Stifel Nicolaus upped their target price on Willis Towers Watson Public from $236.00 to $268.00 and gave the stock a “hold” rating in a research report on Wednesday, February 7th. Evercore ISI lifted their price target on Willis Towers Watson Public from $290.00 to $295.00 and gave the company an “in-line” rating in a research report on Friday. Morgan Stanley raised their target price on Willis Towers Watson Public from $248.00 to $270.00 and gave the company an “equal weight” rating in a research note on Wednesday, February 7th. Finally, BMO Capital Markets upgraded shares of Willis Towers Watson Public from an “underperform” rating to a “market perform” rating and boosted their price target for the stock from $236.00 to $298.00 in a research report on Monday, February 12th. Six research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $293.43.

Willis Towers Watson Public Trading Down 2.3 %

Willis Towers Watson Public stock opened at $250.95 on Monday. The firm has a 50-day moving average price of $269.96 and a two-hundred day moving average price of $251.68. Willis Towers Watson Public has a 52-week low of $195.29 and a 52-week high of $278.86. The firm has a market capitalization of $25.66 billion, a price-to-earnings ratio of 25.17, a PEG ratio of 1.42 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 (NASDAQ:WTW) last released its quarterly earnings data on Thursday, April 25th. The company reported $3.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.21 by $0.08. Willis Towers Watson Public had a return on equity of 16.31% and a net margin of 10.88%. The business had revenue of $2.34 billion during the quarter, compared to analyst estimates of $2.37 billion. During the same quarter in the previous year, the firm posted $2.84 EPS. The business’s revenue for the quarter was up 4.3% compared to the same quarter last year.

Institutional Trading of Willis Towers Watson Public

Hedge funds have recently bought and sold shares of the stock. Loomis Sayles & Co. L P bought a new stake in shares of Willis Towers Watson Public in the 3rd quarter worth approximately $28,000. Exchange Traded Concepts LLC bought a new position in Willis Towers Watson Public in the fourth quarter worth $29,000. Hexagon Capital Partners LLC boosted its stake in Willis Towers Watson Public by 168.8% during the fourth quarter. Hexagon Capital Partners LLC now owns 129 shares of the company’s stock worth $31,000 after buying an additional 81 shares in the last quarter. HHM Wealth Advisors LLC bought a new stake in Willis Towers Watson Public in the 4th quarter valued at $34,000. Finally, Massmutual Trust Co. FSB ADV raised its stake in shares of Willis Towers Watson Public by 112.8% in the 4th quarter. Massmutual Trust Co. FSB ADV now owns 200 shares of the company’s stock valued at $48,000 after buying an additional 106 shares in the last quarter. 93.09% of the stock is owned by institutional investors.

Insider Activity

In other Willis Towers Watson Public news, CFO Andrew Jay Krasner sold 1,100 shares of the firm’s stock in a transaction that occurred on Friday, March 1st. The stock was sold at an average price of $272.13, for a total value of $299,343.00. Following the sale, the chief financial officer now owns 4,170 shares of the company’s stock, valued at approximately $1,134,782.10. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 0.22% of the stock is currently owned by company insiders.

Willis Towers Watson Public Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Sunday, March 31st were issued a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a yield of 1.40%. This is a boost from Willis Towers Watson Public’s previous quarterly dividend of $0.84. The ex-dividend date was Wednesday, March 27th. Willis Towers Watson Public’s dividend payout ratio is 35.31%.

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.