Q4 2023 EPS Estimates for Willis Towers Watson Public Limited (NASDAQ:WTW) Increased by Analyst

Posted by Defense World Staff on Sep 23rd, 2023

Willis Towers Watson Public Limited (NASDAQ:WTW – Free Report) – Equities researchers at Zacks Research lifted their Q4 2023 EPS estimates for Willis Towers Watson Public in a research note issued to investors on Wednesday, September 20th. Zacks Research analyst D. Chatterjee now anticipates that the company will post earnings of $6.91 per share for the quarter, up from their prior forecast of $6.89. The consensus estimate for Willis Towers Watson Public’s current full-year earnings is $13.91 per share. Zacks Research also issued estimates for Willis Towers Watson Public’s Q2 2025 earnings at $3.16 EPS and FY2025 earnings at $16.93 EPS.

Willis Towers Watson Public (NASDAQ:WTW – Get Free Report) last posted its quarterly earnings results on Thursday, July 27th. The company reported $2.05 earnings per share for the quarter, missing analysts’ consensus estimates of $2.33 by ($0.28). The business had revenue of $2.16 billion for the quarter, compared to analyst estimates of $2.13 billion. Willis Towers Watson Public had a return on equity of 14.55% and a net margin of 11.84%. The firm’s quarterly revenue was up 6.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.32 EPS.

Several other research analysts have also issued reports on the company. Roth Mkm dropped their price objective on Willis Towers Watson Public from $285.00 to $250.00 and set a “buy” rating for the company in a research note on Monday, August 28th. BMO Capital Markets cut shares of Willis Towers Watson Public from a “market perform” rating to an “underperform” rating and decreased their price objective for the stock from $230.00 to $205.00 in a research note on Tuesday, August 8th. StockNews.com started coverage on Willis Towers Watson Public in a research note on Thursday, August 17th. They issued a “hold” rating on the stock. Citigroup boosted their price objective on Willis Towers Watson Public from $221.00 to $223.00 and gave the stock a “neutral” rating in a research note on Tuesday. Finally, Piper Sandler reduced their price objective on Willis Towers Watson Public from $270.00 to $265.00 and set an “overweight” rating on the stock in a research note on Wednesday, September 13th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and nine have issued a buy rating to the company. According to MarketBeat, Willis Towers Watson Public currently has an average rating of “Moderate Buy” and a consensus target price of $258.36.

Get Our Latest Analysis on WTW

Willis Towers Watson Public Stock Up 0.3 %

Shares of WTW opened at $212.95 on Friday. The company has a quick ratio of 1.47, a current ratio of 1.47 and a debt-to-equity ratio of 0.46. The company has a 50-day moving average price of $210.06 and a two-hundred day moving average price of $223.33. Willis Towers Watson Public has a 12 month low of $195.29 and a 12 month high of $258.93. The stock has a market cap of $22.32 billion, a price-to-earnings ratio of 21.55, a P/E/G ratio of 1.42 and a beta of 0.76.

Willis Towers Watson Public Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, October 16th. Stockholders of record on Saturday, September 30th will be paid a $0.84 dividend. The ex-dividend date of this dividend is Thursday, September 28th. This represents a $3.36 dividend on an annualized basis and a dividend yield of 1.58%. Willis Towers Watson Public’s dividend payout ratio (DPR) is presently 34.01%.

Insider Activity

In other news, insider Julie Jarecke Gebauer sold 2,000 shares of the business’s stock in a transaction on Monday, July 3rd. The shares were sold at an average price of $231.69, for a total value of $463,380.00. Following the completion of the transaction, the insider now owns 75,240 shares of the company’s stock, valued at approximately $17,432,355.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.83% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Willis Towers Watson Public

Several institutional investors have recently modified their holdings of the business. Orion Portfolio Solutions LLC grew its holdings in shares of Willis Towers Watson Public by 12.4% during the second quarter. Orion Portfolio Solutions LLC now owns 5,430 shares of the company’s stock worth $1,279,000 after buying an additional 601 shares in the last quarter. Nuveen Asset Management LLC increased its stake in Willis Towers Watson Public by 21.8% in the 2nd quarter. Nuveen Asset Management LLC now owns 953,341 shares of the company’s stock valued at $224,512,000 after buying an additional 170,805 shares during the last quarter. SkyView Investment Advisors LLC increased its stake in Willis Towers Watson Public by 2.9% in the 2nd quarter. SkyView Investment Advisors LLC now owns 2,147 shares of the company’s stock valued at $506,000 after buying an additional 61 shares during the last quarter. Integrated Wealth Concepts LLC bought a new position in Willis Towers Watson Public in the second quarter valued at approximately $418,000. Finally, XTX Topco Ltd grew its stake in Willis Towers Watson Public by 17.7% in the second quarter. XTX Topco Ltd now owns 4,544 shares of the company’s stock valued at $1,070,000 after purchasing an additional 682 shares in the last quarter. Institutional investors own 91.41% of the company’s stock.

Willis Towers Watson Public Company Profile

(Get Free Report)

Willis Towers Watson Public Limited Company operates as an advisory, broking, and solutions company worldwide. It operates through two segments: Health, Wealth and 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 programs; actuarial support, plan design, and administrative services for pension and retirement savings plans; and benefits outsourcing services, including a suite of health and welfare, and pension administration outsourcing services.