WTW Q2 revenue beats estimates on segment growth
WTW•Outlook and guidance
- WTW maintains full-year 2026 guidance
- WTW targets approximately 30% adjusted operating margin in 2028 under Propel AI plan
- Company expects share repurchases of $1.0 bln or greater in 2026, subject to market conditions
Q2 results beat estimates
- UK advisory and broking firm's Q2 revenue rose 9%, beating analyst expectations
- Adjusted diluted EPS for Q2 up 17%, beating analyst expectations
- Company increased existing share repurchase authorization by $1.5 bln and launched AI plan Propel
Result drivers and analyst coverage
- Segment growth - Organic revenue growth in both Health, Wealth & Career and Risk & Broking segments, with Health and Wealth contributing positively and Career flat due to Middle East conflict
- AI and automation initiatives - Ongoing investments in AI and automation cited as supporting business momentum and performance
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 17 "strong buy" or "buy", 7 "hold" and no "sell" or "strong sell".
The average consensus recommendation for the multiline insurance & brokers peer group is "hold."
Wall Street's median 12-month price target for Willis Towers Watson PLC is $340.50, about 7.8% above its July 29 closing price of $315.93.
