Willis Towers Watson Public Limited (NASDAQ:WTW) has seen significant financial movement recently, with increased purchases from HB Wealth Management and Bank of New York Mellon Corp, implying positive trends in the industry. However, suspicions arise due to insiders selling US$3.2 million and US$4.3 million of shares, hinting at potential company weakness. Despite this, WTW reported strong Q4 FY2023 earnings, prompting analysts to increase their forecasts. Despite recent stock weakness, WTW's financials remain strong, attracting prospective shareholders. Yet, several groups reduced their holdings, including New York State Teachers Retirement System and Allspring Global Investments. Despite the selling off, the company's Q2 earnings exceeded estimates and improved year-over-year. WTW has plans to acquire the remaining 51% shares in WTW India, reinforcing its global presence. However, shares ownership has seen constant changes, leading to a complex investment environment. The company recently reached a new one-year high at $293.00 and declared a quarterly dividend of $0.88. Most brokerages rated WTW as a 'moderate buy.'
Willis Towers Watson Public Limited Companys WTW News Analytics from Wed, 19 May 2021 07:00:00 GMT to Sun, 01 Sep 2024 11:49:31 GMT -
Rating 4
- Innovation -3
- Information 4
- Rumor -2
