Baldwin Insurance Group (NASDAQ:BWIN) Sets New 1-Year High After Analyst Upgrade

Baldwin Insurance Group, Inc. (NASDAQ:BWIN) shares reached a new 52-week high during mid-day trading on Wednesday after BMO Capital Markets raised their price target on the stock from $26.00 to $32.50. BMO Capital Markets currently has a market perform rating on the stock. Baldwin Insurance Group traded as high as $32.71 and last traded at $32.49, with a volume of 12035852 shares. The stock had previously closed at $32.00.

Several other analysts also recently weighed in on the company. William Blair downgraded Baldwin Insurance Group from an “outperform” rating to a “hold” rating in a research report on Monday. JPMorgan Chase & Co. lifted their target price on shares of Baldwin Insurance Group from $28.00 to $30.00 and gave the stock an “overweight” rating in a research note on Monday, July 13th. UBS Group upped their price target on shares of Baldwin Insurance Group from $35.00 to $37.00 and gave the company a “buy” rating in a report on Monday, August 3rd. Morgan Stanley set a $28.00 price target on shares of Baldwin Insurance Group in a research report on Monday, June 22nd. Finally, Zacks Research raised shares of Baldwin Insurance Group from a “strong sell” rating to a “hold” rating in a report on Friday, June 12th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $31.17.

Hedge Funds Weigh In On Baldwin Insurance Group

Several hedge funds have recently made changes to their positions in BWIN. Integrated Wealth Concepts LLC bought a new stake in Baldwin Insurance Group in the second quarter valued at $25,000. Arizona State Retirement System raised its holdings in Baldwin Insurance Group by 8.5% in the 2nd quarter. Arizona State Retirement System now owns 21,377 shares of the company’s stock worth $568,000 after purchasing an additional 1,678 shares in the last quarter. Nykredit A S bought a new position in Baldwin Insurance Group in the 2nd quarter worth $109,000. HB Wealth Management LLC lifted its position in shares of Baldwin Insurance Group by 38.6% in the 2nd quarter. HB Wealth Management LLC now owns 103,226 shares of the company’s stock worth $2,744,000 after purchasing an additional 28,775 shares during the period. Finally, Public Employees Retirement System of Ohio purchased a new stake in shares of Baldwin Insurance Group in the 2nd quarter worth about $2,372,000. 77.49% of the stock is owned by hedge funds and other institutional investors.

Baldwin Insurance Group Price Performance

The business’s 50 day moving average price is $29.34 and its two-hundred day moving average price is $24.58. The stock has a market cap of $4.46 billion, a P/E ratio of -30.72, a price-to-earnings-growth ratio of 1.03 and a beta of 1.03. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 1.73.

Baldwin Insurance Group (NASDAQ:BWIN) last announced its quarterly earnings results on Thursday, July 30th. The company reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.01. Baldwin Insurance Group had a negative net margin of 4.67% and a positive return on equity of 12.67%. The company had revenue of $492.94 million for the quarter, compared to analysts’ expectations of $492.33 million. During the same quarter in the previous year, the company earned $0.42 earnings per share. Baldwin Insurance Group’s quarterly revenue was up 30.1% on a year-over-year basis. Baldwin Insurance Group has set its Q3 2026 guidance at 0.420-0.460 EPS. As a group, sell-side analysts expect that Baldwin Insurance Group, Inc. will post 1.44 earnings per share for the current fiscal year.

Baldwin Insurance Group Company Profile

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.