Zacks Research Has Bullish Outlook for WTW FY2024 Earnings

Willis Towers Watson Public Limited (NASDAQ:WTW - Free Report) - Investment analysts at Zacks Research raised their FY2024 earnings per share (EPS) estimates for shares of Willis Towers Watson Public in a research note issued on Thursday, November 14th. Zacks Research analyst R. Department now forecasts that the company will earn $16.62 per share for the year, up from their prior forecast of $16.44. The consensus estimate for Willis Towers Watson Public's current full-year earnings is $16.67 per share. Zacks Research also issued estimates for Willis Towers Watson Public's Q4 2024 earnings at $7.85 EPS, Q1 2025 earnings at $3.67 EPS, Q2 2025 earnings at $3.04 EPS, Q3 2025 earnings at $3.19 EPS, Q4 2025 earnings at $8.15 EPS, FY2025 earnings at $18.05 EPS, Q1 2026 earnings at $4.28 EPS, Q2 2026 earnings at $3.94 EPS, Q3 2026 earnings at $3.78 EPS and FY2026 earnings at $20.73 EPS.

Other equities analysts also recently issued research reports about the stock. Roth Mkm raised their target price on shares of Willis Towers Watson Public from $315.00 to $345.00 and gave the company a "buy" rating in a research note on Wednesday, October 2nd. Wells Fargo & Company raised their price objective on shares of Willis Towers Watson Public from $334.00 to $340.00 and gave the company an "overweight" rating in a research report on Monday, November 4th. Keefe, Bruyette & Woods upped their target price on shares of Willis Towers Watson Public from $352.00 to $359.00 and gave the stock an "outperform" rating in a report on Tuesday, November 5th. Truist Financial raised their price target on Willis Towers Watson Public from $335.00 to $365.00 and gave the company a "buy" rating in a report on Wednesday, October 2nd. Finally, Jefferies Financial Group raised their target price on shares of Willis Towers Watson Public from $295.00 to $314.00 and gave the company a "hold" rating in a report on Wednesday, October 9th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and eight have assigned a buy rating to the company. According to MarketBeat, Willis Towers Watson Public presently has a consensus rating of "Hold" and a consensus price target of $312.27.

Willis Towers Watson Public Price Performance

NASDAQ WTW traded up $0.05 on Monday, reaching $312.70. 576,609 shares of the company's stock traded hands, compared to its average volume of 483,108. Willis Towers Watson Public has a 12 month low of $234.01 and a 12 month high of $320.77. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.72 and a quick ratio of 1.72. The stock has a 50-day simple moving average of $296.49 and a 200 day simple moving average of $277.24. The stock has a market cap of $31.50 billion, a PE ratio of -42.95, a P/E/G ratio of 1.95 and a beta of 0.73.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last issued its earnings results on Thursday, October 31st. The company reported $2.93 EPS for the quarter, topping the consensus estimate of $2.68 by $0.25. Willis Towers Watson Public had a positive return on equity of 18.57% and a negative net margin of 7.36%. The business had revenue of $2.29 billion during the quarter, compared to the consensus estimate of $2.28 billion. During the same quarter last year, the company earned $2.24 EPS. The firm's revenue was up 5.7% compared to the same quarter last year.

Willis Towers Watson Public Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Monday, September 30th were given a $0.88 dividend. The ex-dividend date was Monday, September 30th. This represents a $3.52 dividend on an annualized basis and a yield of 1.13%. Willis Towers Watson Public's dividend payout ratio is currently -48.35%.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Coldstream Capital Management Inc. raised its position in Willis Towers Watson Public by 17.1% during the third quarter. Coldstream Capital Management Inc. now owns 1,013 shares of the company's stock worth $301,000 after acquiring an additional 148 shares during the period. Geode Capital Management LLC boosted its stake in Willis Towers Watson Public by 0.8% during the third quarter. Geode Capital Management LLC now owns 2,629,439 shares of the company's stock worth $772,027,000 after buying an additional 19,623 shares during the period. Public Employees Retirement System of Ohio purchased a new position in shares of Willis Towers Watson Public during the third quarter worth $10,935,000. Nomura Asset Management Co. Ltd. lifted its position in shares of Willis Towers Watson Public by 5.7% during the third quarter. Nomura Asset Management Co. Ltd. now owns 30,835 shares of the company's stock worth $9,082,000 after purchasing an additional 1,660 shares in the last quarter. Finally, MML Investors Services LLC lifted its holdings in Willis Towers Watson Public by 10.1% during the 3rd quarter. MML Investors Services LLC now owns 3,096 shares of the company's stock worth $912,000 after buying an additional 284 shares in the last quarter. 93.09% of the stock is currently owned by hedge funds and other institutional investors.

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.