willis towers watson (nasdaq: wltw ) is a leading global advisory, broking and solutions company that helps clients around the world turn risk into a path for growth. with roots dating to 1828, willis towers watson has 40,000 employees serving more than 140 countries. we design and deliver solutions that manage risk, optimize benefits, cultivate talent, and expand the power of capital to protect and strengthen institutions and individuals. our unique perspective allows us to see the critical intersections between talent, assets and ideas — the dynamic formula that drives business performance.
Company profile
Ticker
WTW
Exchange
Website
CEO
John Haley
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
Latest filings (excl ownership)
8-K
Entry into a Material Definitive Agreement
5 Mar 24
8-K
WTW Prices Offering of $750,000,000 of Senior Notes
28 Feb 24
424B2
Prospectus for primary offering
28 Feb 24
FWP
Free writing prospectus
27 Feb 24
424B2
Prospectus for primary offering
27 Feb 24
10-K
2021 FY
Annual report
22 Feb 24
8-K
WTW Reports Fourth Quarter and Full Year 2023 Earnings
6 Feb 24
10-Q
2023 Q3
Quarterly report
26 Oct 23
8-K
WTW Reports Third Quarter 2023 Earnings
26 Oct 23
IRAN
Disclosure regarding Iran Threat Reduction and Syria Human Rights Act
27 Jul 23
Transcripts
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 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
WTW
Earnings call transcript
2022 Q1
28 Apr 22
WTW
Earnings call transcript
2021 Q4
8 Feb 22
WTW
Earnings call transcript
2021 Q3
28 Oct 21
Latest ownership filings
4
Andrew Jay Krasner
5 Mar 24
144
Notice of proposed sale of securities
1 Mar 24
4
Carl Aaron Hess
29 Feb 24
4
Pamela Thomson-Hall
29 Feb 24
4
Imran Ahmed Qureshi
29 Feb 24
4
Joseph Stephen Kurpis
29 Feb 24
4
Kristy D Banas
29 Feb 24
4
Alexis Faber
29 Feb 24
4
Anne Pullum
29 Feb 24
4
Julie Jarecke Gebauer
29 Feb 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
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Change in cash | |||||
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) | 3.73 bn | 3.73 bn | 3.73 bn | 3.73 bn | 3.73 bn | 3.73 bn |
Cash burn (monthly) | 90.67 mm | 78.25 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 542.06 mm | 467.83 mm | n/a | n/a | n/a | n/a |
Cash remaining | 3.19 bn | 3.26 bn | n/a | n/a | n/a | n/a |
Runway (months of cash) | 35.2 | 41.7 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
92.4% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 548 |
Opened positions | 63 |
Closed positions | 81 |
Increased positions | 173 |
Reduced positions | 224 |
13F shares | Current |
---|---|
Total value | 19.75 tn |
Total shares | 94.66 mm |
Total puts | 204.80 k |
Total calls | 373.30 k |
Total put/call ratio | 0.5 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 11.82 mm | $2.47 tn |
BLK Blackrock | 10.57 mm | $2.21 tn |
Massachusetts Financial Services | 9.95 mm | $2.08 tn |
Artisan Partners Limited Partnership | 5.52 mm | $1.15 tn |
First Eagle Investment Management | 5.41 mm | $1.13 tn |
STT State Street | 4.23 mm | $886.77 bn |
Harris Associates L P | 4.21 mm | $879.16 bn |
Geode Capital Management | 2.47 mm | $515.16 bn |
IVZ Invesco | 2.02 mm | $422.43 bn |
Cantillon Capital Management | 1.88 mm | $391.92 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Mar 24 | Andrew Jay Krasner | Ordinary Shares, nominal value $0.000304635 per share | Sell | Dispose S | Yes | No | 272.1326 | 1,100 | 299.35 k | 4,170 |
28 Feb 24 | Hess Carl Aaron | Ordinary Shares, nominal value $0.000304635 per share | Payment of exercise | Dispose F | No | No | 275.06 | 159 | 43.73 k | 74,756.862 |
27 Feb 24 | Pamela Thomson-Hall | Ordinary Shares, nominal value $0.000304635 per share | Grant | Acquire A | No | No | 0 | 668 | 0.00 | 3,993.831 |
27 Feb 24 | Garrard Adam | Ordinary Shares, nominal value $0.000304635 per share | Grant | Acquire A | No | No | 0 | 3,964 | 0.00 | 15,231.266 |
27 Feb 24 | Hess Carl Aaron | Ordinary Shares, nominal value $0.000304635 per share | Grant | Acquire A | No | No | 0 | 4,213 | 0.00 | 74,915.862 |
27 Feb 24 | Imran Ahmed Qureshi | Ordinary Shares, nominal value $0.000304635 per share | Grant | Acquire A | No | No | 0 | 768 | 0.00 | 4,313.44 |
News
Raymond James Reiterates Outperform on Willis Towers Watson, Raises Price Target to $315
28 Mar 24
WTW Announces USAID Funding For Transformative Climate Finance Solution To Scale Up Adaptation Investment In Vulnerable Countries
18 Mar 24
Willis Towers Watson To See Short-Term Success Amid Defined Benefit Plan Shifts - Analyst Upgrades Stock
12 Feb 24
WTW Enters Co-Brokerage Agreement With The Solomon Agency Corp To Align Resources To Deliver Brokerage Support And Customized Insurance Solutions To North American Exposures Of Companies With Headquarters In South Korea And Vietnam
12 Feb 24
Citigroup Upgrades Willis Towers Watson to Buy, Raises Price Target to $315
12 Feb 24
Press releases
Health and safety emerges as top risk facing global directors according to WTW's and Clyde & Co's latest survey
20 Mar 24
WTW announces USAID funding for transformative climate finance solution to scale up adaptation investment in vulnerable countries
18 Mar 24
Hard market softening for construction sector, but inflation pressures still loom over insurance industry
14 Mar 24
Optimism despite disruptive forces in retail sector: WTW's Global Retail Survey
7 Mar 24
WTW deepens talent with addition of three strategic hires, CRB NA
4 Mar 24