Willis Towers Watson is a leading global advisory, broking and solutions company that designs and delivers solutions that manage risk, optimize benefits, cultivate talent and expand the power of capital to protect and strengthen institutions and individuals. Willis Towers Watson has 45,000 employees serving clients in more than 140 countries and markets.

Company profile
Ticker
WTW
Exchange
Website
CEO
John Haley
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Equitable • Aon • Marsh & McLennan Cos. • Erie Indemnity • Enact • Arthur J. Gallagher & Co. • Ryan Specialty • Brown & Brown • GoHealth • Waterdrop ...
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)
IRAN
Disclosure regarding Iran Threat Reduction and Syria Human Rights Act
24 Feb 23
10-K
2021 FY
Annual report
24 Feb 23
8-K
WTW Reports Fourth Quarter and Full Year 2022 Earnings
9 Feb 23
8-K
Other Events
8 Feb 23
8-K
WTW Board Directors Announcement
8 Dec 22
10-Q
2022 Q3
Quarterly report
27 Oct 22
8-K
WTW Reports Third Quarter 2022 Earnings
27 Oct 22
10-Q
2022 Q2
Quarterly report
28 Jul 22
8-K
WTW Reports Second Quarter 2022 Earnings
28 Jul 22
8-K
Submission of Matters to a Vote of Security Holders
14 Jun 22
Transcripts
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
WTW
Earnings call transcript
2021 Q2
3 Aug 21
WTW
Earnings call transcript
2021 Q1
29 Apr 21
WTW
Earnings call transcript
2020 Q4
9 Feb 21
WTW
Earnings call transcript
2020 Q3
29 Oct 20
Latest ownership filings
4
Matthew Furman
7 Mar 23
4
Julie Jarecke Gebauer
2 Mar 23
4
Julie Jarecke Gebauer
15 Feb 23
4
Anne Donovan Bodnar
10 Feb 23
SC 13G
Artisan Partners Limited Partnership
10 Feb 23
SC 13G/A
VANGUARD GROUP INC
9 Feb 23
4
Matthew Furman
8 Feb 23
4
Julie Jarecke Gebauer
8 Feb 23
4
Kristy D Banas
8 Feb 23
4
Alexis Faber
8 Feb 23
Financial summary
Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
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) | 4.72 bn | 4.72 bn | 4.72 bn | 4.72 bn | 4.72 bn | 4.72 bn |
Cash burn (monthly) | (no burn) | 247.50 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 750.13 mm | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 3.97 bn | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 16.0 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2022
13F holders | Current |
---|---|
Total holders | 576 |
Opened positions | 87 |
Closed positions | 52 |
Increased positions | 177 |
Reduced positions | 219 |
13F shares | Current |
---|---|
Total value | 24.55 tn |
Total shares | 100.58 mm |
Total puts | 174.00 k |
Total calls | 202.10 k |
Total put/call ratio | 0.9 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 12.24 mm | $2.99 tn |
BLK Blackrock | 10.82 mm | $2.65 tn |
Artisan Partners Limited Partnership | 6.47 mm | $1.58 tn |
Massachusetts Financial Services | 6.12 mm | $1.50 tn |
First Eagle Investment Management | 4.94 mm | $1.21 tn |
STT State Street | 4.82 mm | $1.18 tn |
Harris Associates L P | 3.93 mm | $961.12 bn |
Geode Capital Management | 2.39 mm | $587.16 bn |
EdgePoint Investment | 2.15 mm | $525.57 bn |
IVZ Invesco | 2.09 mm | $511.35 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
3 Mar 23 | Furman Matthew | Ordinary Shares, nominal value $0.000304635 per share | Payment of exercise | Dispose F | No | No | 239.12 | 9,080 | 2.17 mm | 31,990.837 |
3 Mar 23 | Furman Matthew | Ordinary Shares, nominal value $0.000304635 per share | Option exercise | Acquire M | No | No | 116.68 | 12,571 | 1.47 mm | 41,070.837 |
3 Mar 23 | Furman Matthew | Stock Option Ordinary Shares, nominal value $0.000304635 per share | Option exercise | Dispose M | No | No | 116.68 | 12,571 | 1.47 mm | 0 |
1 Mar 23 | Gebauer Julie Jarecke | Ordinary Shares, nominal value $0.000304635 per share | Sell | Dispose S | No | Yes | 233.8321 | 1,404 | 328.30 k | 82,550 |
1 Mar 23 | Gebauer Julie Jarecke | Ordinary Shares, nominal value $0.000304635 per share | Sell | Dispose S | No | Yes | 232.8596 | 1,096 | 255.21 k | 83,954 |
14 Feb 23 | Gebauer Julie Jarecke | Ordinary Shares, nominal value $0.000304635 per share | Sell | Dispose S | No | Yes | 247.6346 | 1,360 | 336.78 k | 85,050 |
14 Feb 23 | Gebauer Julie Jarecke | Ordinary Shares, nominal value $0.000304635 per share | Sell | Dispose S | No | Yes | 246.38 | 200 | 49.28 k | 86,410 |
14 Feb 23 | Gebauer Julie Jarecke | Ordinary Shares, nominal value $0.000304635 per share | Sell | Dispose S | No | Yes | 245.8638 | 1,440 | 354.04 k | 86,610 |
9 Feb 23 | Bodnar Anne Donovan | Ordinary Shares, nominal value $0.000304635 per share | Sell | Dispose S | No | Yes | 249.4171 | 350 | 87.30 k | 9,164.348 |
9 Feb 23 | Bodnar Anne Donovan | Ordinary Shares, nominal value $0.000304635 per share | Sell | Dispose S | No | Yes | 250.2767 | 1,181 | 295.58 k | 9,514.348 |
News
How Is The Market Feeling About Willis Towers Watson?
7 Mar 23
Willis Towers Watson Gets Upgrade From Goldman Sachs As Analyst Sees Turnaround By 2HFY23
27 Feb 23
Benzinga's Top Ratings Upgrades, Downgrades For February 27, 2023
27 Feb 23
Goldman Sachs Upgrades Willis Towers Watson to Buy, Announces $290 Price Target
27 Feb 23
Baird Maintains Outperform on Willis Towers Watson, Raises Price Target to $259
16 Feb 23
Press releases
Crisis incidents in Europe grow at rapid pace, as region accounts for a third of incidents globally.
8 Mar 23
WTW research shows diverse investment teams outperform
7 Mar 23
WTW launches pooled employer plan in the U.S.
23 Feb 23
Global pension assets record largest annual decline since the global financial crisis
16 Feb 23
WTW appoints Wendy Crosley Global Director of Underwriting Transformation and Automation
13 Feb 23