WTW Maintained by Wells Fargo -- Price Target Lowered to $364

WTW gained full ownership of Al-Futtaim Willis after regulatory approvals in the UAE and Bahrain, acquiring the remaining 51% stake. This move supports WTW's expansion in the UAE and Saudi Arabia, according to the company.

Willis Towers Watson (WTW), a $30.1B global advisory firm, reported Q2 2026 earnings with adjusted EPS of $3.35 and revenue of $2.46B, beating expectations. Shares rose 6.4% post-earnings but are down 1.5% YTD, underperforming the XLF ETF. Analysts have a 'Moderate Buy' consensus with a $381.29 price target. Rival BRO has underperformed, down 14.3% YTD.

Willis, a unit of WTW, appointed Trevor Madden as head of captive and insurance management solutions for Asia-Pacific, effective November 1, 2026. Madden, based in Singapore, brings 35 years of experience in captive management and risk financing. The move reflects growing regional demand for captive structures, with Singapore and Malaysia showing significant activity in this area. According to WTW, captives are increasingly strategic for risk management and capital deployment. MAS and Labuan IBF

Analysts at TD Cowen maintained Buy ratings on Willis Towers Watson (WTW) with a $455 target, and Hold on Raymond James Financial (RJF) with a $161 target. WTW closed at $335.46, near its 52-week high, while RJF closed at $177.93. Analyst consensus for WTW is Moderate Buy with a $374.87 average target, and for RJF is Moderate Buy with a $185.80 average target.

Willis Towers Watson (WTW) reported Q2 2026 results on an earnings call. Management cited 5% organic revenue growth, adjusted diluted EPS of $3.35 (+17% YoY), and a 19.5% adjusted operating margin (+100 bps). It outlined Propel, targeting $400 million run-rate savings by 2028 and enterprise margin of about 30%, plus $450 million Q2 buybacks.

Willis Towers Watson (WTW) reported Q2 2026 results on its earnings call. Management cited 5% organic revenue growth, adjusted diluted EPS of $3.35 (+17% YoY), and a 19.5% adjusted operating margin (+100 bps). The company targets $400m run-rate savings by 2028 from a ~$625m AI investment and $360m free cash flow in the first half of 2026.