Citigroup Initiates Coverage on Willis Towers Watson at Neutral, Sets PT at $351

Citigroup Initiates Coverage on Willis Towers Watson at Neutral, Sets PT at $351

Citigroup, a leading global financial services firm, has initiated coverage on Willis Towers Watson Public Limited Company (NASDAQ:WTW) with a neutral rating and a price target of $351, as announced on July 2, 2025. This move comes amidst a series of recent developments in the company's shareholding and financial performance.

Willis Towers Watson, a global advisory, broking, and solutions company, saw its shares increase in ownership by several institutional investors during the first quarter of 2025. Charles Schwab Investment Management Inc. increased its holdings by 0.5%, acquiring 3,087 additional shares, bringing its total ownership to approximately 607,773 shares valued at $205.4 million [1]. Meanwhile, the Swiss National Bank reduced its stake by 1.0%, selling 2,900 shares, and now holds approximately 284,010 shares valued at about $95.98 million [2].

Research analysts have set a consensus rating of "Moderate Buy" for Willis Towers Watson, with a current average price target of $367.11 [1]. Several analysts have recently revised their target prices, with Wells Fargo & Company setting an "overweight" rating at $369.00, Keefe, Bruyette & Woods setting an "outperform" rating at $366.00, and Barclays setting an "underweight" rating at $305.00 [1].

Willis Towers Watson's financial performance has been robust, with the company reporting $2.86 EPS for the quarter, beating the consensus estimate of $2.65 by $0.21. The company's revenue for the quarter was $2.26 billion, compared to the consensus estimate of $2.23 billion. The company's net margin was 1.40%, and its return on equity was 21.60% [1]. However, the firm's revenue for the quarter was down 0.2% on a year-over-year basis.

The company also announced a quarterly dividend of $0.92 per share, representing an annualized dividend of $3.68, with a payout ratio of 252.05% [2]. CFO Andrew Jay Krasner sold 1,600 shares of the stock in a transaction dated June 3, 2025, for a total value of $505,200.00 [1].

Willis Towers Watson operates through two segments: Health, Wealth & Career and Risk & Broking, offering a range of services including strategy and design consulting, plan management, broking, actuarial support, and integrated solutions [1].

References:
[1] https://www.marketbeat.com/instant-alerts/filing-charles-schwab-investment-management-inc-purchases-3087-shares-of-willis-towers-watson-public-limited-company-nasdaqwtw-2025-08-10/
[2] https://www.marketbeat.com/instant-alerts/filing-swiss-national-bank-sells-2900-shares-of-willis-towers-watson-public-limited-company-nasdaqwtw-2025-08-10/