ABN Amro Investment Solutions Takes Position in Willis Towers Watson Public Limited Company $WTW

ABN Amro Investment Solutions acquired a new position in Willis Towers Watson Public Limited Company (NASDAQ:WTW) during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 4,234 shares of the company’s stock, valued at approximately $1,231,000.

Several other large investors have also bought and sold shares of WTW. AlTi Global Inc. raised its position in Willis Towers Watson Public by 1.1% in the fourth quarter. AlTi Global Inc. now owns 3,302 shares of the company’s stock worth $1,088,000 after acquiring an additional 36 shares in the last quarter. Larson Financial Group LLC grew its stake in shares of Willis Towers Watson Public by 72.5% in the 4th quarter. Larson Financial Group LLC now owns 88 shares of the company’s stock worth $29,000 after purchasing an additional 37 shares during the last quarter. 44 Wealth Management LLC raised its holdings in shares of Willis Towers Watson Public by 1.3% in the 4th quarter. 44 Wealth Management LLC now owns 2,939 shares of the company’s stock worth $966,000 after purchasing an additional 39 shares in the last quarter. Geneos Wealth Management Inc. lifted its stake in Willis Towers Watson Public by 38.6% during the first quarter. Geneos Wealth Management Inc. now owns 140 shares of the company’s stock valued at $47,000 after purchasing an additional 39 shares during the last quarter. Finally, Howard Capital Management Inc. boosted its holdings in Willis Towers Watson Public by 5.7% during the fourth quarter. Howard Capital Management Inc. now owns 744 shares of the company’s stock worth $244,000 after buying an additional 40 shares in the last quarter. Institutional investors own 93.09% of the company’s stock.

Analysts Set New Price Targets

WTW has been the subject of a number of recent research reports. UBS Group increased their price objective on Willis Towers Watson Public from $374.00 to $382.00 and gave the company a “buy” rating in a research report on Wednesday, July 8th. Wells Fargo & Company increased their price target on Willis Towers Watson Public from $319.00 to $341.00 and gave the company an “overweight” rating in a research report on Thursday, July 9th. Keefe, Bruyette & Woods raised their target price on shares of Willis Towers Watson Public from $380.00 to $381.00 and gave the stock an “outperform” rating in a report on Wednesday, July 8th. BMO Capital Markets upgraded shares of Willis Towers Watson Public from a “market perform” rating to an “outperform” rating and cut their price target for the company from $347.00 to $300.00 in a report on Friday, May 1st. Finally, Piper Sandler upped 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 research report on Wednesday, July 15th. Two equities research 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. Based on data from MarketBeat, Willis Towers Watson Public currently has a consensus rating of “Moderate Buy” and an average target price of $351.80.

Willis Towers Watson Public Trading Up 2.3%

Shares of NASDAQ:WTW opened at $295.11 on Friday. Willis Towers Watson Public Limited Company has a 12-month low of $240.61 and a 12-month high of $352.79. The company has a quick ratio of 2.92, a current ratio of 2.92 and a debt-to-equity ratio of 0.78. The firm has a market capitalization of $27.87 billion, a P/E ratio of 17.21, a price-to-earnings-growth ratio of 0.93 and a beta of 0.43. The firm has a fifty day moving average of $269.24 and a two-hundred day moving average of $287.33.

Willis Towers Watson Public (NASDAQ:WTW) last released its quarterly earnings data on Friday, May 1st. The company reported $3.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.65 by $0.07. Willis Towers Watson Public had a return on equity of 21.52% and a net margin of 16.84%.The firm had revenue of $2.41 billion during the quarter, compared to analysts’ expectations of $2.41 billion. During the same quarter last year, the firm earned $3.13 earnings per share. The business’s revenue for the quarter was up 8.5% on a year-over-year basis. On average, equities analysts expect that Willis Towers Watson Public Limited Company will post 19.53 EPS for the current fiscal year.

Willis Towers Watson Public Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were issued a dividend of $0.96 per share. This represents a $3.84 annualized dividend and a dividend yield of 1.3%. The ex-dividend date was Tuesday, June 30th. Willis Towers Watson Public’s payout ratio is currently 22.39%.

Insider Activity at Willis Towers Watson Public

In other news, insider Lucy Clarke acquired 1,896 shares of the company’s stock in a transaction that occurred on Wednesday, May 6th. The shares were purchased at an average price of $263.37 per share, for a total transaction of $499,349.52. Following the completion of the acquisition, the insider owned 22,717 shares of the company’s stock, valued at approximately $5,982,976.29. This represents a 9.11% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.40% of the company’s stock.

Willis Towers Watson Public Profile

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.