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)
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
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
Transcripts
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 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
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
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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) | 623.69 mm | 538.27 mm | n/a | n/a | n/a | n/a |
Cash remaining | 3.11 bn | 3.19 bn | n/a | n/a | n/a | n/a |
Runway (months of cash) | 34.3 | 40.8 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
92.6% 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 |
---|---|---|---|---|---|---|---|---|---|---|
18 Apr 24 | Garrard Adam | Ordinary Shares, nominal value $0.000304635 per share | Payment of exercise | Dispose F | No | No | 275 | 3 | 825.00 | 16,128.691 |
18 Apr 24 | Pamela Thomson-Hall | Ordinary Shares, nominal value $0.000304635 per share | Payment of exercise | Dispose F | No | No | 275 | 1 | 275.00 | 4,495.712 |
18 Apr 24 | Andrew Jay Krasner | Ordinary Shares, nominal value $0.000304635 per share | Payment of exercise | Dispose F | No | No | 275 | 2 | 550.00 | 7,960.576 |
18 Apr 24 | Furman Matthew | Ordinary Shares, nominal value $0.000304635 per share | Payment of exercise | Dispose F | No | No | 275 | 2 | 550.00 | 34,802.309 |
18 Apr 24 | Imran Ahmed Qureshi | Ordinary Shares, nominal value $0.000304635 per share | Payment of exercise | Dispose F | No | No | 275 | 3 | 825.00 | 4,905.191 |
News
Willis Towers Watson Still Expects To Deliver 2024 Revenue Of $9.9B Or Greater (Est $10.024B) And Mid-Single Digit Organic Revenue Growth, Adjusted EPS Of $15.40-$17.00 (Est $16.28)
25 Apr 24
Willis Towers Watson Q1 2024 Adj EPS $3.29 Beats $3.24 Estimate, Sales $2.341B Miss $2.373B Estimate
25 Apr 24
Wells Fargo Maintains Overweight on Willis Towers Watson, Lowers Price Target to $318
11 Apr 24
Keefe, Bruyette & Woods Maintains Outperform on Willis Towers Watson, Raises Price Target to $317
10 Apr 24
Raymond James Reiterates Outperform on Willis Towers Watson, Raises Price Target to $315
28 Mar 24
Press releases
WTW Reports First Quarter 2024 Earnings
25 Apr 24
Verita launches new Pandemic Protection Package Policy
17 Apr 24
Companies enhancing M&A retention strategies, WTW survey finds
16 Apr 24
WTW announces appointment of Nick Dussuyer as Head of France and Head of Corporate Risk & Broking France
16 Apr 24
Energy market conditions creating "story of two halves" with widening desirability gulf, according to latest WTW Energy Market Review
16 Apr 24