Barrow Hanley Mewhinney & Strauss LLC Boosts Holdings in Willis Towers Watson Public Limited (NASDAQ:WTW)

Barrow Hanley Mewhinney & Strauss LLC grew its position in Willis Towers Watson Public Limited (NASDAQ:WTW) by 3.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,122,475 shares of the company’s stock after purchasing an additional 39,288 shares during the quarter. Barrow Hanley Mewhinney & Strauss LLC owned about 1.11% of Willis Towers Watson Public worth $294,246,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Richardson Financial Services Inc. purchased a new position in shares of Willis Towers Watson Public in the 1st quarter valued at approximately $28,000. American National Bank purchased a new position in shares of Willis Towers Watson Public in the second quarter worth $36,000. Beacon Capital Management LLC lifted its stake in shares of Willis Towers Watson Public by 136.5% during the first quarter. Beacon Capital Management LLC now owns 175 shares of the company’s stock worth $48,000 after buying an additional 101 shares during the period. Glassman Wealth Services purchased a new stake in shares of Willis Towers Watson Public during the fourth quarter valued at $49,000. Finally, New Millennium Group LLC acquired a new position in shares of Willis Towers Watson Public in the 2nd quarter valued at $54,000. 93.09% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts have commented on WTW shares. Barclays began coverage on Willis Towers Watson Public in a research report on Wednesday, September 4th. They set an “underweight” rating and a $278.00 price target for the company. Keefe, Bruyette & Woods lifted their target price on Willis Towers Watson Public from $320.00 to $323.00 and gave the stock an “outperform” rating in a report on Wednesday, July 31st. Morgan Stanley dropped their target price on Willis Towers Watson Public from $275.00 to $272.00 and set an “equal weight” rating on the stock in a research report on Wednesday, July 10th. Roth Mkm raised their price target on shares of Willis Towers Watson Public from $300.00 to $315.00 and gave the stock a “buy” rating in a research report on Friday, July 26th. Finally, Truist Financial upped their price objective on shares of Willis Towers Watson Public from $310.00 to $335.00 and gave the company a “buy” rating in a report on Friday, July 26th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat.com, Willis Towers Watson Public currently has a consensus rating of “Hold” and a consensus target price of $298.73.

Willis Towers Watson Public Price Performance

NASDAQ:WTW opened at $288.35 on Friday. The company has a quick ratio of 1.94, a current ratio of 1.94 and a debt-to-equity ratio of 0.56. Willis Towers Watson Public Limited has a 52 week low of $203.36 and a 52 week high of $296.45. The stock’s 50-day moving average price is $282.05 and its 200-day moving average price is $268.64. The stock has a market capitalization of $29.48 billion, a PE ratio of 28.92, a price-to-earnings-growth ratio of 1.52 and a beta of 0.74.

Willis Towers Watson Public (NASDAQ:WTW) last issued its quarterly earnings data on Thursday, July 25th. The company reported $2.55 EPS for the quarter, beating the consensus estimate of $2.28 by $0.27. The company had revenue of $2.27 billion for the quarter, compared to analyst estimates of $2.27 billion. Willis Towers Watson Public had a return on equity of 16.97% and a net margin of 11.24%. Willis Towers Watson Public’s quarterly revenue was up 4.9% compared to the same quarter last year. During the same period last year, the company earned $2.05 earnings per share. As a group, equities analysts expect that Willis Towers Watson Public Limited will post 16.51 EPS for the current fiscal year.

Willis Towers Watson Public Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th will be given a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a yield of 1.22%. The ex-dividend date is Monday, September 30th. Willis Towers Watson Public’s dividend payout ratio is presently 35.31%.

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.