Willis Towers Watson upgraded by BofA Securities with a new price target
$WTW
Specialty Insurers
Finance
BofA Securities upgraded Willis Towers Watson from Underperform to Neutral and set a new price target of $304.00 from $272.00 previously
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/5/2024 | $278.00 | Underweight | Barclays |
| 5/22/2024 | $272.00 → $304.00 | Underperform → Neutral | BofA Securities |
| 2/12/2024 | $236.00 → $298.00 | Underperform → Market Perform | BMO Capital Markets |
| 2/12/2024 | $236.00 → $315.00 | Neutral → Buy | Citigroup |
| 1/11/2024 | $248.00 → $288.00 | Equal Weight → Overweight | Wells Fargo |
| 1/10/2024 | $316.00 | Outperform | TD Cowen |
| 8/8/2023 | $230.00 → $205.00 | Market Perform → Underperform | BMO Capital Markets |
| 7/27/2023 | $260.00 | Strong Buy → Outperform | Raymond James |
10-Q - WILLIS TOWERS WATSON PLC (0001140536) (Filer)
8-K - WILLIS TOWERS WATSON PLC (0001140536) (Filer)
8-K - WILLIS TOWERS WATSON PLC (0001140536) (Filer)
NEW YORK, Nov. 19, 2024 (GLOBE NEWSWIRE) -- WTW (NASDAQ:WTW), a leading global advisory, broking, and solutions company, today announced a partnership with Kayna, an award-winning embedded insurance infrastructure platform; and Vibrant, an Easton, Pennsylvania-based platform that manages third-party vendor cybersecurity oversight by tracking insurance coverage details. US-based vertical SaaS platform Vibrant manages third-party vendor cybersecurity oversight by tracking vendor insurance coverage directly with coverage information from carriers;Kayna's embedded insurance infrastructure enables WTW cybersecurity insurance distribution with continuous vendor coverage assessments to close p
NEW YORK, Nov. 14, 2024 (GLOBE NEWSWIRE) -- WTW (NASDAQ:WTW), a leading global advisory, broking, and solutions company, today announced the appointment of Tyler Adkerson as Growth Leader for Private Equity and Transactional Solutions (PE&TS), Corporate Risk and Broking, North America (CRB NA). In his new role, Adkerson will develop and execute strategic client initiatives to strengthen partnerships with key stakeholders in Mergers and Acquisitions. Leveraging the subject-matter expertise of WTW's Industry Vertical Divisions (IVDs), Adkerson will drive PE&TS growth efforts including developing solutions to assist WTW clients navigate and mitigate the most complex risk issues in the M&A sp
NEW YORK, Oct. 31, 2024 (GLOBE NEWSWIRE) -- While employers are taking steps to support employees' physical and mental wellbeing, there is a disparity between the focus of employer wellbeing programs and what employees need the most. This is according to the latest Wellbeing Diagnostic Survey by WTW (NASDAQ:WTW), a leading global advisory, broking and solutions company. The survey found U.S. employers are prioritizing support for mental (73%) and physical (50%) wellbeing. Yet, employees say that financial wellbeing support is their top area of concern (66%), despite being the lowest priority for employers (23%). Almost half of U.S. employees (48%) are struggling with moderate or major is
Barclays initiated coverage of Willis Towers Watson with a rating of Underweight and set a new price target of $278.00
BofA Securities upgraded Willis Towers Watson from Underperform to Neutral and set a new price target of $304.00 from $272.00 previously
BMO Capital Markets upgraded Willis Towers Watson from Underperform to Market Perform and set a new price target of $298.00 from $236.00 previously
2024 OutlookBased on our performance during the first half of 2024 and both current and anticipated market conditions, the Company's full-year targets for 2024, as compared with those targets that have been previously provided are as follows. Refer to the Supplemental Slides for additional detail.Previous TargetsUpdated Targets Revenue$9.9+ billion$9.9+ billion*Adjusted Operating Margin22.5%-23.5%23.0%-23.5%Adjusted Diluted EPS$15.40-$17.00$16.00-$17.00Transformation Program Annual Cost Savings~$425 million~$450 millionTransformation Program Costs to Achieve~$1.125 billion~$1.175 billionNon-Cash Pension Income$88 million$88 million*Foreign-Currency Headwind on Adjusted Diluted EPS$0.05$0.10*
Willis Towers Watson (NASDAQ:WTW) reported quarterly earnings of $2.55 per share which beat the analyst consensus estimate of $2.31 by 10.39 percent. This is a 24.39 percent increase over earnings of $2.05 per share from the same period last year. The company reported quarterly sales of $2.265 billion which missed the analyst consensus estimate of $2.273 billion by 0.36 percent. This is a 4.91 percent increase over sales of $2.159 billion the same period last year.
Global mergers and acquisitions (M&A) activity has kept pace in the second quarter, with positive momentum set in the first three months of the year, according to a quarterly report from Willows Towers Watson (NASDAQ:WTW). Data from the Quarterly Deal Performance Monitor revealed that 166 deals valued over $100 million were completed globally during the second quarter of 2024, matching the number of deals closed in the previous quarter. The second-quarter figure surpassed the 130 deals closed during the same period in 2023, reflecting a 28% increase in volume, according to the data, which was gathered in partnership with the M&A Research Centre at Bayes Business School. There were
SC 13G/A - WILLIS TOWERS WATSON PLC (0001140536) (Subject)
SC 13G/A - WILLIS TOWERS WATSON PLC (0001140536) (Subject)
SC 13G/A - WILLIS TOWERS WATSON PLC (0001140536) (Subject)
NEW YORK, Nov. 14, 2024 (GLOBE NEWSWIRE) -- WTW (NASDAQ:WTW), a leading global advisory, broking, and solutions company, today announced the appointment of Tyler Adkerson as Growth Leader for Private Equity and Transactional Solutions (PE&TS), Corporate Risk and Broking, North America (CRB NA). In his new role, Adkerson will develop and execute strategic client initiatives to strengthen partnerships with key stakeholders in Mergers and Acquisitions. Leveraging the subject-matter expertise of WTW's Industry Vertical Divisions (IVDs), Adkerson will drive PE&TS growth efforts including developing solutions to assist WTW clients navigate and mitigate the most complex risk issues in the M&A sp
NEW YORK, Oct. 28, 2024 (GLOBE NEWSWIRE) -- WTW (NASDAQ:WTW), a leading global advisory, broking, and solutions company, today announced the appointment of Ashley Hart as Cyber Leader for Private Equity and Transactional Solutions (PE&TS), Corporate Risk and Broking, North America (CRB NA). In her new role, Ashley will bring cutting-edge Cyber risk transfer solutions to private equity clients and their portfolio companies across North America, strengthening WTW's position as the leading broker for specialized, client-focused solutions within the private equity community. Prior to rejoining WTW, Ashley served as the West Zone Region cyber insurance leader at Marsh, where she advised priva
LONDON, Oct. 28, 2024 (GLOBE NEWSWIRE) -- WTW (NASDAQ:WTW), a leading global advisory, broking, and solutions company, today announced it has secured an insurance licence to act as an insurance broker in the Kingdom of Saudi Arabia (K.S.A). Talal Omar Bahafi has been appointed as the new Head of Insurance Broking, WTW Saudi Arabia, based in the Kingdom of Saudi Arabia. Previously Chief Executive Officer at Chubb Arabia Insurance Company, Bahafi has extensive experience of building a forward-thinking, and performance-oriented culture, driving strategic growth across the region. Prior to Chubb, Bahafi also worked at Marsh McLennan where he was responsible for delivering overall market strat
Revenue1 increased 6% to $2.3 billion for the quarter with organic growth of 6% for the quarterDiluted Loss2 per Share was $16.44 for the quarterAdjusted Diluted Earnings per Share were $2.93 for the quarter, up 31% from prior yearOperating Margin2 was (33.5)% for the quarterAdjusted Operating Margin was 18.1% for the quarter, up 190 basis points from prior year LONDON, Oct. 31, 2024 (GLOBE NEWSWIRE) -- WTW (NASDAQ:WTW) (the "Company"), a leading global advisory, broking and solutions company, today announced financial results for the third quarter ended September 30, 2024. "We had another strong quarter fueled by revenue growth, operating leverage and the success of our Transformation p
LONDON, Oct. 10, 2024 (GLOBE NEWSWIRE) -- WTW (NASDAQ:WTW), a leading global advisory, broking and solutions company, will announce its financial results for the third quarter on Thursday, October 31, 2024 before the market opens. The company will host a conference call to discuss its financial results at 9:00 a.m. Eastern Time on October 31, 2024. A live broadcast of the conference call will be available on WTW's website here. The conference call will include a question-and-answer session. To participate in the question-and-answer session, please register here. An online replay will be available at www.wtwco.com shortly after the call concludes. About WTW At WTW (NASDAQ:WTW), we provi
LONDON, Oct. 03, 2024 (GLOBE NEWSWIRE) -- WTW announced today that it has acquired a stake in atomos, the UK-based advice-led wealth manager backed by funds managed by Oaktree Capital Management, L.P. ("Oaktree"). The investment follows a successful alliance with atomos since the end of 2022, during which WTW's investment engine has successfully powered atomos' multi-asset investment solutions. With its scale and investment rigour, WTW provides atomos' clients with access to a broader, more diversified range of asset classes and investment choices, previously only available to institutional sized investors. This next step in the partnership sees WTW acquire part ownership in
4 - WILLIS TOWERS WATSON PLC (0001140536) (Issuer)
4 - WILLIS TOWERS WATSON PLC (0001140536) (Issuer)
4 - WILLIS TOWERS WATSON PLC (0001140536) (Issuer)