Willis Towers Watson Public Limited (NASDAQ:WTW) Position Increased by Principal Financial Group Inc.

Principal Financial Group Inc. grew its stake in Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 6.9% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 128,273 shares of the company's stock after purchasing an additional 8,228 shares during the period. Principal Financial Group Inc. owned about 0.13% of Willis Towers Watson Public worth $37,780,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Graypoint LLC lifted its position in Willis Towers Watson Public by 9.6% during the third quarter. Graypoint LLC now owns 899 shares of the company's stock worth $265,000 after buying an additional 79 shares in the last quarter. M&G PLC raised its stake in Willis Towers Watson Public by 7.5% during the 3rd quarter. M&G PLC now owns 49,002 shares of the company's stock valued at $14,456,000 after acquiring an additional 3,406 shares during the last quarter. Concurrent Investment Advisors LLC raised its stake in Willis Towers Watson Public by 13.6% during the 3rd quarter. Concurrent Investment Advisors LLC now owns 1,067 shares of the company's stock valued at $314,000 after acquiring an additional 128 shares during the last quarter. Callahan Advisors LLC grew its stake in Willis Towers Watson Public by 4.1% in the third quarter. Callahan Advisors LLC now owns 14,392 shares of the company's stock worth $4,239,000 after purchasing an additional 571 shares in the last quarter. Finally, River Road Asset Management LLC raised its holdings in shares of Willis Towers Watson Public by 7.1% during the third quarter. River Road Asset Management LLC now owns 287,650 shares of the company's stock valued at $84,722,000 after buying an additional 18,959 shares during the last quarter. 93.09% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

WTW has been the topic of several research analyst reports. Truist Financial boosted their price target on shares of Willis Towers Watson Public from $335.00 to $365.00 and gave the company a "buy" rating in a report on Wednesday, October 2nd. Wells Fargo & Company upped their target price on shares of Willis Towers Watson Public from $334.00 to $340.00 and gave the company an "overweight" rating in a research note on Monday, November 4th. Roth Mkm increased their price objective on shares of Willis Towers Watson Public from $315.00 to $345.00 and gave the stock a "buy" rating in a research report on Wednesday, October 2nd. UBS Group raised shares of Willis Towers Watson Public to a "hold" rating in a report on Wednesday, October 9th. Finally, Jefferies Financial Group upped their price objective on shares of Willis Towers Watson Public from $295.00 to $314.00 and gave the stock a "hold" rating in a research report on Wednesday, October 9th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and eight have given a buy rating to the company. According to MarketBeat.com, Willis Towers Watson Public has an average rating of "Hold" and a consensus price target of $312.27.

Willis Towers Watson Public Stock Performance

WTW stock traded up $3.57 on Tuesday, hitting $318.75. The company had a trading volume of 316,703 shares, compared to its average volume of 475,029. Willis Towers Watson Public Limited has a 12-month low of $234.01 and a 12-month high of $320.77. The company has a current ratio of 1.72, a quick ratio of 1.72 and a debt-to-equity ratio of 0.70. The stock's 50-day simple moving average is $294.68 and its 200 day simple moving average is $275.46. The stock has a market cap of $32.11 billion, a price-to-earnings ratio of -43.29, a P/E/G ratio of 1.98 and a beta of 0.73.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last posted its quarterly earnings results on Thursday, October 31st. The company reported $2.93 earnings per share for the quarter, topping analysts' consensus estimates of $2.68 by $0.25. The firm had revenue of $2.29 billion for the quarter, compared to analyst estimates of $2.28 billion. Willis Towers Watson Public had a negative net margin of 7.36% and a positive return on equity of 18.57%. Willis Towers Watson Public's quarterly revenue was up 5.7% on a year-over-year basis. During the same period in the previous year, the business posted $2.24 earnings per share. As a group, equities research analysts expect that Willis Towers Watson Public Limited will post 16.64 earnings per share for the current fiscal year.

Willis Towers Watson Public Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were paid a dividend of $0.88 per share. The ex-dividend date was Monday, September 30th. This represents a $3.52 dividend on an annualized basis and a yield of 1.10%. Willis Towers Watson Public's payout ratio is -48.35%.

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.