Baldwin Insurance Group, Inc. (NASDAQ:BWIN – Get Free Report)’s share price shot up 4.8% on Thursday . The stock traded as high as $29.36 and last traded at $29.5950. 174,686 shares were traded during mid-day trading, a decline of 89% from the average session volume of 1,534,578 shares. The stock had previously closed at $28.23.
Analyst Ratings Changes
BWIN has been the topic of a number of research analyst reports. TD Cowen restated a “buy” rating on shares of Baldwin Insurance Group in a research note on Monday, June 15th. Weiss Ratings raised shares of Baldwin Insurance Group from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Wednesday, July 8th. Morgan Stanley set a $28.00 price target on shares of Baldwin Insurance Group in a research note on Monday, June 22nd. Keefe, Bruyette & Woods lifted their price objective on shares of Baldwin Insurance Group from $26.00 to $31.00 and gave the stock an “outperform” rating in a report on Wednesday, July 8th. Finally, Zacks Research raised Baldwin Insurance Group from a “strong sell” rating to a “hold” rating in a research note on Friday, June 12th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $30.33.
Read Our Latest Stock Analysis on Baldwin Insurance Group
Baldwin Insurance Group Price Performance
Baldwin Insurance Group (NASDAQ:BWIN – Get Free Report) last released its quarterly earnings data on Thursday, July 30th. The company reported $0.48 EPS for the quarter, topping the consensus estimate of $0.47 by $0.01. The firm had revenue of $492.94 million for the quarter, compared to the consensus estimate of $492.33 million. Baldwin Insurance Group had a positive return on equity of 12.67% and a negative net margin of 4.67%.The company’s quarterly revenue was up 30.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.42 earnings per share. Baldwin Insurance Group has set its Q3 2026 guidance at 0.420-0.460 EPS. As a group, analysts predict that Baldwin Insurance Group, Inc. will post 1.44 earnings per share for the current year.
Institutional Trading of Baldwin Insurance Group
Several institutional investors and hedge funds have recently bought and sold shares of the stock. Integrated Wealth Concepts LLC bought a new stake in Baldwin Insurance Group during the 2nd quarter valued at about $25,000. EverSource Wealth Advisors LLC lifted its holdings in Baldwin Insurance Group by 238.1% in the first quarter. EverSource Wealth Advisors LLC now owns 1,278 shares of the company’s stock valued at $28,000 after acquiring an additional 900 shares during the period. Larson Financial Group LLC boosted its position in Baldwin Insurance Group by 666.5% in the fourth quarter. Larson Financial Group LLC now owns 1,211 shares of the company’s stock worth $29,000 after purchasing an additional 1,053 shares during the last quarter. Versant Capital Management Inc grew its stake in shares of Baldwin Insurance Group by 43.3% during the 2nd quarter. Versant Capital Management Inc now owns 1,201 shares of the company’s stock valued at $32,000 after purchasing an additional 363 shares during the period. Finally, Caitong International Asset Management Co. Ltd bought a new stake in shares of Baldwin Insurance Group during the 3rd quarter valued at about $39,000. 77.49% of the stock is currently owned by hedge funds and other institutional investors.
About Baldwin Insurance Group
The Baldwin Insurance Group, Inc, operating under The Baldwin Group brand and traded on Nasdaq under the symbol BWIN, is an independent insurance distribution and advisory company. It helps individuals, businesses and organizations assess risks and obtain insurance coverage through a network of retail brokerage, wholesale brokerage, managing general agency and related insurance businesses.
The company offers commercial and personal property and casualty insurance, employee benefits, risk management and specialty insurance solutions.
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