177,848 Shares in TWFG, Inc. $TWFG Acquired by Giverny Capital Inc.

Giverny Capital Inc. acquired a new stake in TWFG, Inc. (NASDAQ:TWFG) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 177,848 shares of the company’s stock, valued at approximately $6,225,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. PDT Partners LLC increased its holdings in shares of TWFG by 4.3% during the first quarter. PDT Partners LLC now owns 16,887 shares of the company’s stock worth $522,000 after buying an additional 692 shares in the last quarter. Acadian Asset Management LLC grew its position in TWFG by 5.2% during the 2nd quarter. Acadian Asset Management LLC now owns 71,738 shares of the company’s stock worth $2,505,000 after acquiring an additional 3,527 shares during the last quarter. State of Wyoming acquired a new position in TWFG in the 1st quarter worth about $113,000. Vanguard Group Inc. increased its holdings in TWFG by 0.7% in the 1st quarter. Vanguard Group Inc. now owns 621,151 shares of the company’s stock worth $19,200,000 after purchasing an additional 4,252 shares in the last quarter. Finally, TD Asset Management Inc raised its position in TWFG by 8.4% in the second quarter. TD Asset Management Inc now owns 57,394 shares of the company’s stock valued at $2,009,000 after purchasing an additional 4,452 shares during the last quarter.

TWFG Stock Down 0.8%

TWFG stock opened at $28.36 on Friday. The firm has a market cap of $1.59 billion, a price-to-earnings ratio of 64.46 and a beta of 0.25. TWFG, Inc. has a 52-week low of $23.52 and a 52-week high of $36.85. The company has a debt-to-equity ratio of 0.01, a quick ratio of 101.35 and a current ratio of 101.35. The firm has a 50 day moving average price of $26.59 and a two-hundred day moving average price of $29.67.

TWFG (NASDAQ:TWFG) last posted its quarterly earnings data on Wednesday, November 12th. The company reported $0.23 EPS for the quarter, beating analysts’ consensus estimates of $0.19 by $0.04. TWFG had a net margin of 2.87% and a return on equity of 8.74%. The company had revenue of $64.12 million for the quarter, compared to analyst estimates of $64.15 million. TWFG has set its FY 2025 guidance at EPS. Equities analysts predict that TWFG, Inc. will post 0.57 EPS for the current year.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the company. Weiss Ratings restated a “sell (d)” rating on shares of TWFG in a report on Wednesday, October 8th. Morgan Stanley lifted their target price on shares of TWFG from $30.00 to $31.00 and gave the stock an “equal weight” rating in a research report on Monday, November 17th. Royal Bank Of Canada started coverage on shares of TWFG in a research report on Monday. They issued an “outperform” rating and a $33.00 price target for the company. JPMorgan Chase & Co. lifted their price target on shares of TWFG from $30.00 to $31.00 and gave the stock a “neutral” rating in a report on Monday, November 17th. Finally, Piper Sandler reduced their price objective on shares of TWFG from $38.00 to $32.00 and set an “overweight” rating on the stock in a research note on Thursday, August 14th. Four investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $32.86.

About TWFG

TWFG, Inc operates an independent distribution platform for personal and commercial insurance products in the United States. Its personal and commercial insurance products include auto, home, renters, life, health, motorcycle, umbrella, boat, recreational vehicle, flood, wind, event, luxury item, general liability, property, business auto, workers’ compensation, business owner policy, and professional liability insurance products, as well as commercial bonds and group benefits.