Recently, several investment entities have acquired shares of Willis Towers Watson Public Limited Company (WTW), including UBS Group AG acquiring 41587 shares and Norges Bank investing $300.78 million. Additionally, Envestnet Portfolio Solutions Inc., Benjamin F. Edwards & Company Inc., and BNP Paribas Financial Markets have all increased their position in WTW. However, some stakeholders like Principal Financial Group Inc. and the Teacher Retirement System of Texas have reduced their positions. A significant increase in short interest in WTW has also been noted.
Financially, WTW has announced a $0.84 dividend, which was later increased to $0.88. Q1 and Q4 2023 earnings call transcripts showed the company beating estimates, however, they also showed a mixed Q1 performance. WTW's stock price has been lowered to $311 by Keefe, Bruyette & Woods and to $312 by Citigroup. Despite some weakness, WTW's financials remain strong and the company maintains a “Moderate Buy”recommendation.
Last, greater attention has been placed on the company’s ESG risk and reputation management, showing a change in company’s strategic direction. It has acquired remaining 51% shares in WTW India and announced the election of three new board directors.
Willis Towers Watson Public Limited Companys WTW News Analytics from Tue, 11 Jun 2019 07:00:00 GMT to Sun, 26 May 2024 10:57:45 GMT - Rating 1 - Innovation -1 - Information 8 - Rumor -7
