Madison Asset Management LLC Purchases Shares of 103,470 Baldwin Insurance Group, Inc. $BWIN

Madison Asset Management LLC acquired a new stake in shares of Baldwin Insurance Group, Inc. (NASDAQ:BWIN) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 103,470 shares of the company’s stock, valued at approximately $2,750,000.

Several other large investors have also modified their holdings of the stock. EverSource Wealth Advisors LLC grew its holdings in shares of Baldwin Insurance Group by 238.1% in the 1st quarter. EverSource Wealth Advisors LLC now owns 1,278 shares of the company’s stock worth $28,000 after acquiring an additional 900 shares during the last quarter. Larson Financial Group LLC raised its position in shares of Baldwin Insurance Group by 666.5% during 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 period. Versant Capital Management Inc lifted its holdings in shares of Baldwin Insurance Group by 43.3% during the second 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 last quarter. Caitong International Asset Management Co. Ltd purchased a new stake in shares of Baldwin Insurance Group during the third quarter valued at $39,000. Finally, Wealth Preservation Advisors LLC purchased a new stake in shares of Baldwin Insurance Group during the fourth quarter valued at $46,000. 77.49% of the stock is owned by institutional investors.

Analysts Set New Price Targets

BWIN has been the topic of a number of analyst reports. Morgan Stanley set a $28.00 price target on Baldwin Insurance Group in a research note on Monday, June 22nd. BMO Capital Markets upped their price objective on shares of Baldwin Insurance Group from $23.00 to $25.00 and gave the company a “market perform” rating in a research note on Tuesday, June 23rd. TD Cowen reiterated a “buy” rating on shares of Baldwin Insurance Group in a report on Monday, June 15th. Weiss Ratings upgraded shares of Baldwin Insurance Group from a “sell (e+)” rating to a “sell (d-)” rating in a report on Wednesday, July 8th. Finally, Wells Fargo & Company boosted their price target on shares of Baldwin Insurance Group from $27.00 to $28.00 and gave the company an “equal weight” rating in a report on Monday, August 3rd. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $30.33.

Baldwin Insurance Group Stock Up 1.0%

Shares of Baldwin Insurance Group stock opened at $31.45 on Friday. Baldwin Insurance Group, Inc. has a 1 year low of $15.88 and a 1 year high of $34.79. The company has a market cap of $4.39 billion, a P/E ratio of -30.24, a P/E/G ratio of 1.04 and a beta of 1.08. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 1.73. The stock has a 50-day moving average price of $26.62 and a 200 day moving average price of $22.77.

Baldwin Insurance Group (NASDAQ:BWIN) last released its earnings results on Thursday, July 30th. The company reported $0.48 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.01. The company had revenue of $492.94 million for the quarter, compared to analysts’ expectations 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 business’s revenue for the quarter was up 30.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.42 EPS. Baldwin Insurance Group has set its Q3 2026 guidance at 0.420-0.460 EPS. As a group, analysts expect that Baldwin Insurance Group, Inc. will post 1.38 EPS for the current fiscal year.

About Baldwin Insurance Group

Baldwin Insurance Group, Inc (NASDAQ: BWIN) is a specialty insurance and surety firm that underwrites contract bonds, commercial insurance policies and related risk-management services. Its core offerings include contract and commercial surety, which provide performance and payment guarantees to obligees in construction, service and public-sector projects. In addition, the company delivers complementary commercial lines coverages designed to mitigate liability, property and workers’ compensation exposures.

Through a network of regional agency offices primarily across the Midwestern United States, Baldwin Insurance Group serves contractors, developers, small and mid-sized businesses as well as municipal and public-sector clients.