Sumitomo Mitsui Trust Group Inc. Has $74.07 Million Holdings in Willis Towers Watson Public Limited (NASDAQ:WTW)

Sumitomo Mitsui Trust Group Inc. increased its stake in shares of Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) by 0.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 251,469 shares of the company's stock after purchasing an additional 1,960 shares during the quarter. Sumitomo Mitsui Trust Group Inc. owned about 0.25% of Willis Towers Watson Public worth $74,065,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in WTW. Victory Capital Management Inc. boosted its holdings in shares of Willis Towers Watson Public by 5.2% in the second quarter. Victory Capital Management Inc. now owns 1,991,311 shares of the company's stock valued at $522,002,000 after buying an additional 98,922 shares during the period. Bank of New York Mellon Corp grew its holdings in shares of Willis Towers Watson Public by 17.8% during the second quarter. Bank of New York Mellon Corp now owns 1,728,554 shares of the company's stock worth $453,123,000 after buying an additional 261,562 shares in the last quarter. Baupost Group LLC MA raised its position in Willis Towers Watson Public by 6.2% in the 2nd quarter. Baupost Group LLC MA now owns 1,652,648 shares of the company's stock valued at $433,225,000 after buying an additional 96,981 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC lifted its stake in Willis Towers Watson Public by 3.6% in the 2nd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,122,475 shares of the company's stock valued at $294,246,000 after acquiring an additional 39,288 shares in the last quarter. Finally, American Century Companies Inc. grew its stake in shares of Willis Towers Watson Public by 22.5% during the 2nd quarter. American Century Companies Inc. now owns 1,006,728 shares of the company's stock worth $263,904,000 after acquiring an additional 185,126 shares in the last quarter. 93.09% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the stock. 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 note on Wednesday, October 2nd. Truist Financial boosted their price target on Willis Towers Watson Public from $335.00 to $365.00 and gave the stock a "buy" rating in a research report on Wednesday, October 2nd. Keefe, Bruyette & Woods increased their price objective on Willis Towers Watson Public from $352.00 to $359.00 and gave the company an "outperform" rating in a report on Tuesday, November 5th. Barclays assumed coverage on shares of Willis Towers Watson Public in a report on Wednesday, September 4th. They set an "underweight" rating and a $278.00 target price on the stock. Finally, Jefferies Financial Group increased their price target on shares of Willis Towers Watson Public from $295.00 to $314.00 and gave the company a "hold" rating in a research note on Wednesday, October 9th. One analyst has rated the stock with a sell rating, seven have given a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $312.27.

Willis Towers Watson Public Trading Down 0.7 %

Shares of Willis Towers Watson Public stock traded down $2.15 during trading on Friday, hitting $312.65. The company's stock had a trading volume of 1,241,271 shares, compared to its average volume of 482,687. The stock has a market cap of $31.49 billion, a price-to-earnings ratio of -42.92, a price-to-earnings-growth ratio of 1.98 and a beta of 0.73. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.72 and a quick ratio of 1.72. Willis Towers Watson Public Limited has a 52 week low of $234.01 and a 52 week high of $320.77. The stock has a 50-day moving average price of $296.06 and a two-hundred day moving average price of $276.48.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last announced its 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 business had revenue of $2.29 billion during the quarter, compared to the consensus estimate 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 quarter last year, the firm earned $2.24 earnings per share. Equities research analysts anticipate that Willis Towers Watson Public Limited will post 16.66 EPS for the current fiscal year.

Willis Towers Watson Public Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were issued a dividend of $0.88 per share. The ex-dividend date was Monday, September 30th. This represents a $3.52 annualized dividend and a dividend yield of 1.13%. Willis Towers Watson Public's dividend payout ratio is currently -48.35%.

About Willis Towers Watson Public

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.