Q2 2024 EPS Estimates for Willis Towers Watson Public Limited Reduced by Roth Capital (NASDAQ:WTW)

Willis Towers Watson Public Limited (NASDAQ:WTW) – Stock analysts at Roth Capital decreased their Q2 2024 earnings per share estimates for shares of Willis Towers Watson Public in a note issued to investors on Friday, April 26th. Roth Capital analyst H. Fong now expects that the company will post earnings per share of $2.18 for the quarter, down from their prior estimate of $2.25. The consensus estimate for Willis Towers Watson Public’s current full-year earnings is $16.27 per share. Roth Capital also issued estimates for Willis Towers Watson Public’s Q4 2024 earnings at $8.24 EPS, FY2024 earnings at $16.50 EPS, Q1 2025 earnings at $3.66 EPS, Q2 2025 earnings at $2.47 EPS and Q4 2025 earnings at $9.03 EPS.

A number of other research firms have also weighed in on WTW. Raymond James restated an “outperform” rating and set a $315.00 target price (up from $295.00) on shares of Willis Towers Watson Public in a report on Thursday, March 28th. Roth Mkm increased their price objective on Willis Towers Watson Public from $275.00 to $300.00 and gave the company a “buy” rating in a research note on Wednesday, February 7th. Citigroup decreased their target price on shares of Willis Towers Watson Public from $315.00 to $312.00 and set a “buy” rating on the stock in a research note on Monday. Evercore ISI increased their price target on shares of Willis Towers Watson Public from $290.00 to $295.00 and gave the company an “in-line” rating in a research report on Friday, April 26th. Finally, TD Cowen initiated coverage on shares of Willis Towers Watson Public in a research report on Wednesday, January 10th. They issued an “outperform” rating and a $316.00 price objective on the stock. Six equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $293.21.

Willis Towers Watson Public Stock Performance

NASDAQ WTW opened at $251.14 on Monday. The firm has a market cap of $25.68 billion, a price-to-earnings ratio of 25.19, a PEG ratio of 1.44 and a beta of 0.74. The company has a 50-day simple moving average of $268.97 and a two-hundred day simple moving average of $252.24. The company has a quick ratio of 1.89, a current ratio of 1.89 and a debt-to-equity ratio of 0.55. Willis Towers Watson Public has a 12-month low of $195.29 and a 12-month high of $278.86.

Willis Towers Watson Public (NASDAQ:WTW) last announced its quarterly earnings data on Thursday, April 25th. The company reported $3.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.21 by $0.08. The company had revenue of $2.34 billion during the quarter, compared to analysts’ expectations of $2.37 billion. Willis Towers Watson Public had a net margin of 10.88% and a return on equity of 16.31%. The firm’s revenue was up 4.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.84 EPS.

Willis Towers Watson Public Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Sunday, March 31st were issued a $0.88 dividend. The ex-dividend date was Wednesday, March 27th. This is a positive change from Willis Towers Watson Public’s previous quarterly dividend of $0.84. This represents a $3.52 annualized dividend and a yield of 1.40%. Willis Towers Watson Public’s dividend payout ratio (DPR) is 35.31%.

Insider Buying and Selling at Willis Towers Watson Public

In other news, CFO Andrew Jay Krasner sold 1,100 shares of the stock in a transaction that occurred on Friday, March 1st. The stock was sold at an average price of $272.13, for a total value of $299,343.00. Following the completion of the transaction, the chief financial officer now owns 4,170 shares of the company’s stock, valued at approximately $1,134,782.10. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.22% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of WTW. Loomis Sayles & Co. L P bought a new stake in Willis Towers Watson Public during the third quarter worth about $28,000. Exchange Traded Concepts LLC purchased a new position in shares of Willis Towers Watson Public during the fourth quarter valued at approximately $29,000. Hexagon Capital Partners LLC boosted its position in shares of Willis Towers Watson Public by 168.8% in the 4th quarter. Hexagon Capital Partners LLC now owns 129 shares of the company’s stock worth $31,000 after purchasing an additional 81 shares in the last quarter. HHM Wealth Advisors LLC purchased a new stake in shares of Willis Towers Watson Public in the 4th quarter worth approximately $34,000. Finally, Massmutual Trust Co. FSB ADV grew its stake in shares of Willis Towers Watson Public by 112.8% in the 4th quarter. Massmutual Trust Co. FSB ADV now owns 200 shares of the company’s stock worth $48,000 after buying an additional 106 shares during the last quarter. 93.09% of the stock is currently owned by 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.