Willis Towers Watson Public Limited Company operates as an advisory, broking, and solutions company worldwide. It operates through two segments, Health, Wealth and Career; and Risk and Broking. The company offers actuarial support, plan design, and administrative services for traditional pension and retirement savings plans; plan management consulting, broking, and administration services for health and group benefit programs; and benefits outsourcing services. It also provides advice, data, software, and products to address clients' total rewards and talent issues. In addition, the company offers risk advice, insurance brokerage, and consulting services in the areas of property and casualty, aerospace, construction, and marine. Further, it offers investment consulting and discretionary management services to insurance and reinsurance companies; insurance consulting and technology, risk and capital management, pricing and predictive modeling, financial and regulatory reporting, financial and capital modeling, merger and acquisition, outsourcing, and business management services; wholesale insurance broking services to retail and wholesale brokers; and underwriting and capital management, capital market, and advisory and brokerage services. Additionally, the company provides primary medical and ancillary benefit exchange, and outsourcing services to active employees and retirees in the group and individual markets, as well as delivers healthcare and reimbursement accounts, including health savings accounts, health reimbursement arrangements, flexible spending accounts, and other consumer-directed accounts. The company was formerly known as Willis Group Holdings Public Limited Company and changed its name to Willis Towers Watson Public Limited Company in January 2016. Willis Towers Watson Public Limited Company was founded in 1828 and is based in London, the United Kingdom.
Company profile
Ticker
WTW
Exchange
Website
CEO
Mr. Carl A. Hess CERA, F.S.A.
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
WILLIS GROUP HOLDINGS LTD, WILLIS GROUP HOLDINGS PLC
SEC CIK
Corporate docs
Subsidiaries
Asifina S.A. • WFD Consultores S.A. • Willis Towers Watson Argentina S.A. • Willis Towers Watson Consultores S.A. • Willis Towers Watson Corredores de Reaseguros S.A. • Aerosure Asia Pacific Pty Ltd • CKA Risk Solutions Pty Ltd • Cortex Global Risk Australia Pty Limited • Cortex Global Risk Pty Limited • Richard Oliver Underwriting Managers Pty Ltd ...
WTW stock data
Analyst ratings and price targets
Latest filings (excl ownership)
8-K
Material Impairments
1 Oct 24
10-Q
2024 Q2
Quarterly report
25 Jul 24
8-K
WTW Reports Second Quarter 2024 Earnings
25 Jul 24
8-K
Submission of Matters to a Vote of Security Holders
24 May 24
10-Q
2024 Q1
Quarterly report
25 Apr 24
8-K
WTW Reports First Quarter 2024 Earnings
25 Apr 24
ARS
2023 FY
Annual report to shareholders
4 Apr 24
DEFA14A
Additional proxy soliciting materials
4 Apr 24
DEF 14A
Definitive proxy
4 Apr 24
8-K
Entry into a Material Definitive Agreement
5 Mar 24
Transcripts
WTW
Earnings call transcript
2024 Q2
25 Jul 24
WTW
Earnings call transcript
2024 Q1
25 Apr 24
WTW
Earnings call transcript
2023 Q4
6 Feb 24
WTW
Earnings call transcript
2023 Q3
26 Oct 23
WTW
Earnings call transcript
2023 Q2
27 Jul 23
WTW
Earnings call transcript
2023 Q2
27 Jul 23
WTW
Earnings call transcript
2023 Q1
27 Apr 23
WTW
Earnings call transcript
2022 Q4
9 Feb 23
WTW
Earnings call transcript
2022 Q3
27 Oct 22
WTW
Earnings call transcript
2022 Q2
28 Jul 22
Latest ownership filings
Financial summary
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Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 4.38 bn | 4.38 bn | 4.38 bn | 4.38 bn | 4.38 bn | 4.38 bn |
Cash burn (monthly) | 291.67 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 1.16 bn | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 3.21 bn | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 11.0 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q2 2024
92.1% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 643 |
Opened positions | 70 |
Closed positions | 67 |
Increased positions | 268 |
Reduced positions | 199 |
13F shares | Current |
---|---|
Total value | 23.36 tn |
Total shares | 93.52 mm |
Total puts | 99.90 k |
Total calls | 294.50 k |
Total put/call ratio | 0.3 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 11.42 mm | $2.99 tn |
BLK BlackRock | 9.96 mm | $2.61 tn |
Massachusetts Financial Services | 8.22 mm | $2.15 tn |
First Eagle Investment Management | 5.38 mm | $1.41 tn |
STT State Street | 4.29 mm | $1.13 tn |
Harris Associates L P | 3.90 mm | $1.02 tn |
Artisan Partners Limited Partnership | 3.51 mm | $920.97 bn |
Geode Capital Management | 2.61 mm | $682.45 bn |
FMR | 2.37 mm | $620.77 bn |
Victory Capital Management | 1.99 mm | $522.00 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
17 Oct 24 | Alexis Faber | Ordinary Shares, nominal value $0.000304635 per share | Payment of exercise | Dispose F | No | No | 294.53 | 3 | 883.59 | 5,581.208 |
17 Oct 24 | Pamela Thomson-Hall | Ordinary Shares, nominal value $0.000304635 per share | Payment of exercise | Dispose F | No | No | 294.53 | 3 | 883.59 | 3,741.777 |
15 Oct 24 | Lucy Clarke | Ordinary Shares, nominal value $0.000304635 per share | Payment of exercise | Dispose F | No | No | 300.58 | 2,424 | 728.61 k | 16,038 |
15 Oct 24 | Andrew Jay Krasner | Ordinary Shares, nominal value $0.000304635 per share | Grant | Acquire A | No | No | 0 | 9.076 | 0.00 | 3,575.653 |
15 Oct 24 | Andrew Jay Krasner | Dividend Equivalent Rights- 2022 RSU Award Ordinary Shares, nominal value $0.000304635 per share | Grant | Acquire A | No | No | 0 | 1.755 | 0.00 | 22.345 |
15 Oct 24 | Andrew Jay Krasner | Restricted Share Unit Ordinary Shares, nominal value $0.000304635 per share | Grant | Acquire A | No | No | 0 | 1.798 | 0.00 | 610.617 |
15 Oct 24 | Andrew Jay Krasner | Restricted Share Unit Ordinary Shares, nominal value $0.000304635 per share | Grant | Acquire A | No | No | 0 | 4.315 | 0.00 | 1,498.044 |
15 Oct 24 | Pullum Anne | Ordinary Shares, nominal value $0.000304635 per share | Grant | Acquire A | No | No | 0 | 5.442 | 0.00 | 14,212.231 |
15 Oct 24 | Pullum Anne | Dividend Equivalent Rights- 2022 RSU Award Ordinary Shares, nominal value $0.000304635 per share | Grant | Acquire A | No | No | 0 | 1.199 | 0.00 | 15.408 |
15 Oct 24 | Pullum Anne | Restricted Share Unit Ordinary Shares, nominal value $0.000304635 per share | Grant | Acquire A | No | No | 0 | 2.539 | 0.00 | 851.187 |
News
Price Over Earnings Overview: Willis Towers Watson
23 Oct 24
Jefferies Maintains Hold on Willis Towers Watson, Raises Price Target to $314
9 Oct 24
Wells Fargo Maintains Overweight on Willis Towers Watson, Raises Price Target to $334
3 Oct 24
WTW Acquires A Stake In Atomos, The UK-based Advice-led Wealth Manager Backed By Funds Managed By Oaktree; Terms Not Disclosed
3 Oct 24
Roth MKM Maintains Buy on Willis Towers Watson, Raises Price Target to $345
2 Oct 24
Press releases
WTW expands Japan's Corporate Risk & Broking business with new insurance brokerage service
29 Oct 24
WTW announces new Cyber leader for Private Equity and Transactional Solutions
28 Oct 24
WTW announces Kingdom of Saudi Arabia (K.S.A.) expansion with appointment of new Head of Insurance Broking
28 Oct 24
Pay still drives employee attraction and retention, but current pay programs fall short
23 Oct 24
World's largest investment managers see assets hit $128 trillion in return to growth
21 Oct 24