Analysts Set Baldwin Insurance Group, Inc. (NASDAQ:BWIN) Target Price at $30.33

Shares of Baldwin Insurance Group, Inc. (NASDAQ:BWIN) have been assigned an average rating of “Moderate Buy” from the eleven brokerages that are presently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, four have given a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12 month price target among brokerages that have covered the stock in the last year is $30.3333.

A number of equities analysts have issued reports on the company. Weiss Ratings raised Baldwin Insurance Group from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Wednesday, July 8th. Morgan Stanley set a $28.00 price objective on shares of Baldwin Insurance Group in a report on Monday, June 22nd. Zacks Research raised shares of Baldwin Insurance Group from a “strong sell” rating to a “hold” rating in a report on Friday, June 12th. Wells Fargo & Company boosted their price objective on shares of Baldwin Insurance Group from $27.00 to $28.00 and gave the company an “equal weight” rating in a research report on Monday, August 3rd. Finally, JPMorgan Chase & Co. increased their price objective 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.

Baldwin Insurance Group Price Performance

Shares of NASDAQ:BWIN opened at $29.65 on Wednesday. The company has a debt-to-equity ratio of 1.73, a quick ratio of 1.07 and a current ratio of 1.07. Baldwin Insurance Group has a 1 year low of $15.88 and a 1 year high of $32.59. The stock has a market capitalization of $4.14 billion, a P/E ratio of -28.51, a PEG ratio of 0.96 and a beta of 1.03. The stock has a 50-day simple moving average of $28.92 and a 200-day simple moving average of $24.20.

Baldwin Insurance Group (NASDAQ:BWIN) last released its quarterly earnings data on Thursday, July 30th. The company reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.01. The company had revenue of $492.94 million during the quarter, compared to analyst estimates of $492.33 million. Baldwin Insurance Group had a negative net margin of 4.67% and a positive return on equity of 12.67%. The business’s quarterly revenue was up 30.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.42 earnings per share. Baldwin Insurance Group has set its Q3 2026 guidance at 0.420-0.460 EPS. Equities analysts forecast that Baldwin Insurance Group will post 1.44 earnings per share for the current year.

Hedge Funds Weigh In On Baldwin Insurance Group

Several institutional investors have recently made changes to their positions in the stock. William Blair Investment Management LLC boosted its position in Baldwin Insurance Group by 47.8% during the 4th quarter. William Blair Investment Management LLC now owns 7,543,813 shares of the company’s stock valued at $181,278,000 after purchasing an additional 2,439,118 shares during the period. Bank of New York Mellon Corp increased its position in Baldwin Insurance Group by 36.3% in the first quarter. Bank of New York Mellon Corp now owns 3,918,087 shares of the company’s stock worth $85,963,000 after buying an additional 1,044,200 shares during the period. Capital International Investors lifted its stake in Baldwin Insurance Group by 15.0% in the fourth quarter. Capital International Investors now owns 3,618,132 shares of the company’s stock valued at $86,944,000 after buying an additional 472,703 shares during the last quarter. California State Teachers Retirement System lifted its stake in Baldwin Insurance Group by 2,312.0% in the second quarter. California State Teachers Retirement System now owns 2,360,463 shares of the company’s stock valued at $62,741,000 after buying an additional 2,262,601 shares during the last quarter. Finally, State Street Corp boosted its holdings in shares of Baldwin Insurance Group by 0.7% during the fourth quarter. State Street Corp now owns 2,131,619 shares of the company’s stock valued at $51,223,000 after acquiring an additional 14,968 shares during the period. 77.49% of the stock is owned by 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.