Willis Investment Counsel Q3 2023 vs. Q4 2023: An Analysis of the Holdings Comparison

Introduction:

Investors are always keen on tracking the performance of their favorite companies and keeping an eye on changes in their holdings. In this article, we will discuss the Q3 2023 and Q4 2023 13F holdings comparison of Willis Investment Counsel. We will analyze the changes in the shares held and the value of these holdings during this period. Let's dive in!

Microsoft Corp (MSFT):

In Q3 2023, Willis Investment Counsel held 128,347 shares of Microsoft Corp, which decreased slightly to 128,167 shares in Q4 2023. The value of these shares also rose from $40,525,000 to $48,195,000, indicating an 18.9% increase.

Accenture PLC (ACN):

The holdings of Accenture PLC by Willis Investment Counsel experienced a minor decline in Q4 2023. The number of shares held decreased from 141,600 to 133,530. However, the value of the shares increased from $43,486,000 to $46,857,000, reflecting a 7.8% rise.

Johnson and Johnson (JNJ):

Willis Investment Counsel's holdings of Johnson and Johnson remained relatively stable during the analyzed period. The number of shares held in both Q3 and Q4 2023 was 295,341 and 295,639, respectively. The value of these shares also showed a slight increase from $45,999,000 to $46,338,000, indicating a 0.7% change.

Cisco Systems Inc (CSCO):

There was virtually no change in the holdings of Cisco Systems Inc by Willis Investment Counsel. The number of shares held remained constant at 883,884 in both Q3 and Q4 2023. However, the value of these shares experienced a decline from $47,517,000 to $44,654,000, representing a 6% decrease.

Texas Instruments Inc (TXN):

Willis Investment Counsel held 251,076 shares of Texas Instruments Inc in Q3 2023. This number slightly decreased to 250,316 in Q4 2023. Nevertheless, the value of the shares rose from $39,923,000 to $42,668,000, indicating a 6.9% increase.

Intel Corp (INTC):

The holdings of Intel Corp by Willis Investment Counsel experienced a significant change. The number of shares held decreased from 825,200 in Q3 2023 to 823,335 in Q4 2023. However, the value of these shares showed a substantial increase from $29,335,000 to $41,372,000, reflecting a remarkable 41% rise.

Lockheed Martin Corp (LMT):

Willis Investment Counsel held 88,915 shares of Lockheed Martin Corp in Q3 2023, which slightly decreased to 88,565 shares in Q4 2023. However, the value of these shares increased from $36,362,000 to $40,141,000, indicating a 10.4% rise.

Paychex Inc (PAYX):

The holdings of Paychex Inc by Willis Investment Counsel remained virtually unchanged during the analyzed period. The number of shares held in both Q3 and Q4 2023 was 310,470 and 310,400, respectively. The value of these shares experienced a minor increase from $35,806,000 to $36,971,000, representing a 3.3% change.

Chubb Ltd (CB):

Willis Investment Counsel's holdings of Chubb Ltd experienced a slight decline in Q4 2023. The number of shares held decreased from 155,480 to 155,015. However, the value of the shares increased from $32,367,000 to $35,033,000, reflecting an 8.2% rise.

Pfizer Inc (PFE):

The holdings of Pfizer Inc by Willis Investment Counsel showed a significant change. The number of shares held increased from 1,070,451 in Q3 2023 to 1,176,499 in Q4 2023. However, the value of these shares experienced a decline from $35,506,000 to $33,871,000, representing a 4.6% decrease.

Home Depot Inc (HD):

Willis Investment Counsel's holdings of Home Depot Inc remained relatively stable during the analyzed period. The number of shares held in both Q3 and Q4 2023 was 97,151. The value of these shares, however, showed a notable increase from $29,355,000 to $33,352,000, indicating a 13.6% change.

Conclusion:

In conclusion, the Q3 2023 and Q4 2023 13F holdings comparison of Willis Investment Counsel reveals several interesting trends. While some holdings remained relatively stable, others experienced significant changes in both the number of shares held and their corresponding value. It is important for investors to stay informed about these fluctuations to make well-informed investment decisions.